Elon Musk says his new startup xAI will debut tech for the first time
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk …
NVIDIA Corp
The Fed keeps rates, markets celebrate
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. Kevin …
UK to invest $273 million in Turing AI supercomputer
Bletchley Park was a codebreaking facility during World War II. Getty The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an artificial intelligence supercomputer, …
China backs global AI consensus even as it clashes with US over tech
BLETCHLEY, ENGLAND – NOVEMBER 1: US Secretary of Commerce Gina Raimondo and Michelle Donelan, Secretary of State for Science, Innovation and Technology listen as Vice Minister of Science and Technology …
AMD earnings report Q3 2023
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP …
AWS Q3 earnings report 2023
Adam Selipsky, Amazon Web Services CEO Source: CNBC Amazon said Thursday that its cloud unit grew revenue 12% year over year in the third quarter. Analysts had expected a more …
Missed Nvidia? Fund manager picks under-the-radar networking stock for AI boost
Tech companies — especially those leveraging artificial intelligence — have gained traction this year, with investors piling into the likes of Nvidia , Baidu and Alibaba . One firm that’s …
SK Hynix says AI boom will drive profits after Q3 loss narrows
SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images South …
Meta Q3 earnings report 2023
Meta reported better-than-expected results for the third quarter as revenue increased 23%, the fastest rate of growth since 2021. The stock rose more than 2% in extended trading Wednesday. Here …
Goldman’s playbook for 5% 10-year yield
Investors should focus on stocks with strong balance sheets as these companies tend to be more resilient against high interest rates, according to Goldman Sachs. “Amid higher rates, we expect …