Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services. As such,...
Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. As the chip maker prepares to report its earnings today, the AI landscape is buzzing with activity, from startups raising massive funding rounds to tech giants racing to...
Tech companies are cashing in on the artificial intelligence (AI) boom, with first-quarter results showing surging demand for everything from voice assistants to cloud computing. The AI gold rush is lifting sales and profit at specialists like SoundHound and Nvidia and more prominent players like Microsoft and Baidu, highlighting...
American companies are outpacing European ones on innovation and technology. That’s what the head of Norway’s $1.6 trillion oil fund told the Financial Times Wednesday (April 24), and his comments came as just a day later, on Thursday (April 25), French President Emmanuel Macron urged...
September 23, 2022
The connected economy has hit the road, transforming what happens and is turning all manner of vehicles into mobile commerce endpoints. At the center of it all lies the technology to underpin that transformation — and the partnerships, too, between FIs, providers and OEMs in the bid to disrupt everything from paying at the pump […]
June 03, 2024
Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services. As such, companies like Microsoft and Amazon Web Services (AWS) are spending […]
February 22, 2024
Nvidia, the dominant player in the artificial intelligence (AI) chip market, has surged to a market value of $2 trillion, making it the third most valuable company in the U.S....
May 28, 2023
The CEO of Nvidia issued a warning this weekend: Embrace AI or get left behind. In his commencement address Saturday (May 27) at National Taiwan University in Taipei, Jensen Huang said artificial...
