Tag: technology industry

Meta hires top OpenAI researcher for AI superintelligence push

Meta Hires Top OpenAI Researcher Trapit Bansal for AI Superintelligence Push Meta, formerly known as Facebook, has made a significant move in the field of artificial intelligence by hiring Trapit Bansal, the co-creator of OpenAI’s o1 reasoning model. Bansal, known for his groundbreaking work in AI research, will be joining Meta’s team of top experts […]

AMD unveils Helios server to challenge Nvidia’s AI dominance

AMD Unveils Helios Server to Challenge Nvidia’s AI Dominance In the realm of artificial intelligence (AI) and machine learning, the competition between tech giants is fierce. AMD, known for its innovative processors and graphics cards, has recently made a bold move to challenge Nvidia’s dominance in the AI market. The unveiling of the Helios server […]

CoreWeave shares rebound after $4B OpenAI partnership announcement

CoreWeave Stock Soars After Securing $4 Billion OpenAI Partnership CoreWeave, a prominent player in the tech industry, recently made headlines with its stock witnessing a significant uptick. The company’s shares, which were previously experiencing a downward trend, managed to reverse losses swiftly. This impressive turnaround came on the heels of an exciting announcement – CoreWeave […]

Nvidia moves to comply with US export rules

Nvidia Redesigns H20 Chip to Comply with US Export Rules Nvidia, a leading technology company renowned for its innovative graphics processing units (GPUs) and artificial intelligence capabilities, is facing a significant challenge in complying with US export regulations. The US government has raised concerns about Nvidia’s latest H20 chip, deeming it too powerful for export […]

Intel’s new CEO plans major changes to revive the company

Intel’s New CEO Tan Plans Major Changes to Revive the Company Intel, a longstanding titan in the tech industry, is gearing up for a significant transformation under the leadership of its new CEO, Pat Gelsinger. With a renewed focus on innovation and growth, Gelsinger is poised to steer the company towards a brighter future by […]

IBM triumphs in UK Court over trade secrets

IBM Triumphs in UK Court Over Trade Secrets In a recent legal battle in the UK, technology giant IBM emerged victorious in a case against LzLabs for breaching trade secrets. The court ruling determined that LzLabs had violated its agreement with IBM by engaging in the unauthorized reverse-engineering of its software. The verdict marks a […]

iFlyTek looks to Europe after US trade restrictions impact supply chain

iFlyTek Explores European Markets as US Trade Restrictions Disrupt Supply Chain In the ever-changing landscape of global trade, companies are constantly forced to adapt to new challenges and regulations. iFlyTek, a prominent Chinese technology firm specializing in AI and speech recognition, has recently found itself at a crossroads due to the trade tensions between the […]

SoftBank targets $40 billion investment in OpenAI

SoftBank Aims for $40 Billion Investment in OpenAI In the midst of the rapidly growing artificial intelligence (AI) race, SoftBank has set its sights on a groundbreaking investment in OpenAI. The Japanese conglomerate’s ambitious plan to inject a staggering $40 billion into the renowned AI research lab not only underscores the escalating competition in the […]

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