Nvidia and Microsoft both topped $4 trillion in market cap last month. Now, they’re in a race for the symbolic $5 trillion barrier.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Some companies may be digging themselves into a hole that they’re not able to get out of.
For those keeping score at home, that’s in addition to the $500 billion in domestic investments Apple announced earlier this year.
The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.
Throwing AI at problems might not always be the answer.
The cannibalization of traditional search by AI chatbots is difficult to quantify, though by all accounts AI is already taking some nibbles.
Both Amazon and Meta have already flirted with the smartwatch space, only to ultimately abandon their initial ambitions.
The vulnerability exploited by the attack only affects on-premise Sharepoint servers, meaning clients using the cloud version are unaffected.
In a trial that kicks off this week, a group of Meta investors are suing Zuck for concerns surrounding the Cambridge Analytica scandal.
“I think everybody would agree: It’s a free-for-all.”
AI and hiring binges during the pandemic have been cited as the driving force behind the pace of layoffs in the tech sector.
While Apple has been able to produce a string of TV hits, making successful movies has proven a little more difficult.
The risks may be greater than the payoff.
“I don’t think we can think of this as business as usual.”
The goal of Nvidia’s tech is to help give autonomous systems more reliable memory, hazard detection and depth perception.
As ChatGPT’s partial outage yesterday goes to show, AI companies are still struggling to scale up to artificial general intelligence.