PYMNTS-MonitorEdge-May-2024

NVIDIA

Bank of America: AI Poised to Disrupt Every Sector
Bank of America: AI Poised to Disrupt Every Sector
October 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is predicted to have a significant economic impact, potentially reaching $15.7 trillion by the end of the decade, according to Bank of America....

READ MORE >
OpenAI Explores Developing AI Chips to Tackle Shortages
OpenAI Explores Developing AI Chips to Tackle Shortages
October 06, 2023  |  Artificial Intelligence

OpenAI is reportedly exploring the development of its own artificial intelligence (AI) chips or the acquisition of a chip company to tackle the scarcity of expensive...

READ MORE >
This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
This Week in AI: Big Tech Comes to Capitol Hill, Arm Goes Public
September 15, 2023  |  artificial intelligence

Another week, another growth spurt for the artificial intelligence (AI) sector. The U.S. Senate returned from its summer recess primed to tackle AI legislation with...

READ MORE >
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
US Senators Admit Tech Oversight Failures, Pledge Stronger Approach With AI 
September 12, 2023  |  artificial intelligence

The U.S. government’s track record of keeping up with innovative technology is relatively lackluster. No new law meant to regulate the tech sector has been...

READ MORE >
Funding for AI Chipmakers Plummets as Nvidia Ascends
Funding for AI Chipmakers Plummets as Nvidia Ascends
September 11, 2023  |  Artificial Intelligence

Nvidia’s gain has reportedly been other chip startups’ loss. The firm has become the go-to company for computer chips used in artificial intelligence (AI) processes,...

READ MORE >
WeWork Plunges as It Seeks Lease Renegotiations, Drives CE 100 Index Down 2.4%
WeWork Plunges as It Seeks Lease Renegotiations, Drives CE 100 Index Down 2.4%
September 11, 2023  |  Connected Economy

A holiday-shortened trading week offered no respite for the CE 100 Index, which continued a general downward trend that’s been the hallmark of the last...

READ MORE >
Imbue Secures $200 Million Investment to Develop Practical AI Agents
Imbue Secures $200 Million Investment to Develop Practical AI Agents
September 07, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Imbue, formerly known as Generally Intelligent, has raised $200 million in a Series B funding round, with a valuation of over $1...

READ MORE >
Goldman Sachs Highlights Optimism in AI Stocks
Goldman Sachs Highlights Optimism in AI Stocks
September 05, 2023  |  artificial intelligence

Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive...

READ MORE >
VMware and NVIDIA Expand Partnership to Accelerate Generative AI Adoption
VMware and NVIDIA Expand Partnership to Accelerate Generative AI Adoption
August 22, 2023  |  artificial intelligence

VMware and NVIDIA have expanded their strategic partnership to help enterprises adopt generative artificial intelligence (AI). This collaboration aims to introduce the VMware Private AI Foundation with NVIDIA,...

READ MORE >