Oracle Send your shares Growing after closing tomorrow After reporting It signed several multi-Arab-dollar contracts with many customers. Now, we have an idea of who can be customers. Oracle signed a deal with Openai for AI company, which is to buy a calculation power of $ 300 billion during about five years. Reporting from Wall…
Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Sopa Images | Lightrocket | Getty Images Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company’s announcement of a multi-billion-dollar deal with Microsoft. Nebius’ stock was up…
Current CEO of Hewlett Packard Enterprise Antonio Neri rose from call center agent at the company to chief executive officer. Doug McMillon, Walmart CEO, started off with a summer gig helping to unload trucks. It’s a similar story for GM CEO Mary Barra, who began on the assembly line at the automaker as an 18-year…
Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he’ll linger in academia for very long. He’s the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents’ home in Roslyn, New York, in May 2024 —…
Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they’re dangling millions of dollars in front of a small talent pool of specialists in what’s…
Alphabet shares rose 7% on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant. The U.S. Department of Justice had proposed a sort of break-up of Google, which included divesting its Chrome browser, in an antitrust case that began in September 2023. While Google was found to…
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty Images Alibaba‘s Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant’s cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development….
Spotify, Reddit and X have all implemented age assurance systems to prevent children from being exposed to inappropriate content. STR | Nurphoto via Getty Images The global online safety movement has paved the way for a number of artificial intelligence-powered products designed to keep kids away from potentially harmful things on the internet. In the…
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business. Still, the Chinese giant’s revenues came in under…
Malaysia has developed its first domestic age AI processor. Malaysian chip design company Skyechip announced its Mars1000 processor at an industry program on Monday, Bloomberg Informed While an edge processor is not as powerful as an advanced Nvidia chip, it still represents a technical milestone for Malaysia, which wants to play a big role in…
