LVMH and Kering Upgrades Fuel Rally for Luxury Stocks Luxury stocks are on the rise as global economic conditions show signs of improvement. Recently, HSBC made a significant move by upgrading the stocks of two industry giants, LVMH and Kering SA. This decision comes in anticipation of a resurgence in Chinese consumer spending and a […]
Quantum and supercomputing converge in IBM-AMD initiative
Quantum and Supercomputing Converge in IBM-AMD Initiative In a groundbreaking move, tech giants IBM and AMD have joined forces in a strategic partnership that aims to revolutionize the world of computing. The collaboration between these two industry leaders is set to merge the realms of quantum and classical computing, with the goal of pushing the […]
Analyst warns AI will make stocks obsolete in favour of Bitcoin
Is AI Making Stocks Obsolete in Favor of Bitcoin? In the ever-changing landscape of investment, analysts are now suggesting that traditional stocks could become a thing of the past, thanks to the rise of artificial intelligence (AI). The argument being put forward is that Bitcoin, the world’s most famous cryptocurrency, may offer a more robust […]
IBM and AMD unite to build quantum-classical supercomputers
IBM and AMD Join Forces to Develop Quantum-Classical Supercomputers In a groundbreaking move, tech giants IBM and AMD have announced a strategic partnership to revolutionize the world of supercomputing. By combining the cutting-edge technology of quantum processing with AMD’s powerful CPUs and GPUs, this collaboration aims to create a new breed of hybrid supercomputers capable […]
Arm to build its own chips with AI focus
Arm to Build Its Own Chips with AI Focus Arm, the renowned semiconductor and software design company, is making significant strides in the realm of chip creation with a particular focus on artificial intelligence (AI). The tech giant has recently made headlines with its strategic move to hire new talent, signaling a deeper commitment to […]
Microsoft and AMD develop new gaming chips
Breaking News: Microsoft Teams Up with AMD to Develop New Gaming Chips In the ever-competitive world of gaming technology, Microsoft and AMD have joined forces to unveil a groundbreaking development that is set to revolutionize the gaming industry. The collaboration between these tech giants has resulted in the creation of new gaming chips that incorporate […]
Cohere secures $500m funding to expand secure enterprise AI
Cohere Secures $500 Million Funding to Expand Secure Enterprise AI Cohere, a rising star in the realm of secure artificial intelligence (AI) for business applications, has recently made headlines with its securing of a substantial $500 million in funding. This move not only underscores the growing significance of AI in the corporate world but also […]
Nvidia holds record share of S&P 500
Nvidia Soars to Record Share of S&P 500 Nvidia, the renowned chipmaker, has been making waves in the stock market with its unprecedented growth, securing a record share of the S&P 500. Since the beginning of 2022, Nvidia’s stock has been on a steady upward trajectory, outperforming many other companies in the industry. This remarkable […]
Nvidia and AMD to pay 15% share of China AI chip revenue to secure US export licences
Nvidia and AMD to Pay 15% Share of China AI Chip Revenue to Secure US Export Licences In a groundbreaking move that could potentially reshape the landscape of the China AI chip market, tech giants Nvidia and AMD have agreed to pay a 15% share of their revenue from China to secure US export licenses. […]
Dojo team disbanded amid AI strategy shift
The Disbandment of Dojo Team: A Strategic Shift Towards AI The recent disbandment of the Dojo team has sent shockwaves through the tech industry, signaling a significant strategic shift towards AI. This move comes as a surprise to many, especially considering the team’s reputation for cutting-edge developments in the field of artificial intelligence. However, upon […]