Nvidia is building a new business unit dedicated to producing custom chips for cloud computing companies and others, including processing for sophisticated artificial intelligence (AI).
Category: WORLD NEWS
US to commit $5 billion for computer chip research and development.
On Friday, the Biden administration will declare that it has invested $5 billion in a public-private partnership to promote cutting-edge computer chip research and development.
Google’s Gemini app brings more AI to smartphones in a bid to outperform human experts.
On Thursday, Google unveiled a free artificial intelligence app that will embed the technology inside smartphones. This will allow users to instantly establish a connection
Germany sells postal company shares for $2.3b to fund railway upgrades.
To reduce the government’s ownership and raise funds for the country’s rail network upgrades, Germany’s state-owned development bank sold shares in the firm that runs
Microsoft plans to convert rural India into an AI hub by skilling 2 million people.
CEO Satya Nadella announced on Wednesday that Microsoft will offer AI-skilling opportunities to 2 million people in India by 2025. He also stressed the importance
Europe’s green energy boom is in crisis, with over 95% reliance on Chinese solar panels.
The switch to green energy in Europe is caught in a difficult situation. Record solar energy installations are being driven by a rush of low-cost
GoFundMe has raised over $30b through its crowdfunding platforms from Gen Z and millennials.
Since 2010, GoFundMe crowdsourcing campaigns have raised $30 billion, the fundraising site revealed on Tuesday. This is because younger generations are increasingly making donations outside
Bezos to divest 50 million Amazon shares worth $8.6 billion over 12 months.
As per a business filing on Friday, Jeff Bezos, the founder of Amazon, is set to divest up to 50 million shares of the online
Meta gains record $196b in market value, driven by AI and advertising revenues.
In what CEO Mark Zuckerberg dubbed the “year of efficiency,” Meta Platforms Inc. tripled its earnings and reported significantly greater revenue in the last quarter
The World Bank tackles the climate crisis with emergency funds and catastrophe bonds.
To better assist member nations affected by natural disasters and other shocks in responding to a world that is becoming more and more prone to
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