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2024-11-13 | Current Affairs

Nvidia and SoftBank Launch World’s First AI-5G Network

Nvidia and SoftBank Corp, the telecommunications arm of Japan’s SoftBank Group, announced on Wednesday that they have piloted the world’s first telecom network capable of running both AI and 5G workloads simultaneously.  

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2024-10-24 | Current Affairs

Tesla Shares Jump on Strong Sales Forecast, Record Low Costs

Tesla surprised investors on Wednesday with a stronger-than-expected forecast for vehicle sales growth and record-low production costs, leading to a 12% surge in its stock price.

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2024-10-17 | Current Affairs

TSMC Poised for Strong Profit Surge Driven by AI Demand

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s leading producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a significant 42% jump in third-quarter profit, driven by a surge in demand for AI chips.  

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2024-05-29 | Current Affairs

Nvidia’s Surge Boosts Nasdaq Amid Rising Bond Yields 

Nvidia’s shares soared again on Tuesday, continuing their significant recent gains on an otherwise subdued day for the stock market. 

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2024-05-07 | Current Affairs

Wayve Secures USD 1 Billion to Advance Autonomous Driving AI 

Today’s News  Wayve, a London-based company specializing in artificial intelligence systems for self-driving vehicles, has announced a remarkable milestone, securing a staggering USD 1 billion in funding. This investment, led by SoftBank, alongside major players like Microsoft and Nvidia, underscores the growing confidence in AI’s transformative potential across industries.  Previous investors in Wayve include Yann […]

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2023-12-08 | Current Affairs

Tech Stock Surge Propelled by AI Optimism 

Today’s News  The stock market resumed its upward trajectory, bolstered by a resurgence in tech shares, particularly those of major technology companies that have been pivotal in driving market momentum throughout the year. Thursday saw the S&P 500 surge by 0.8%, reaching its peak for the year, while the Nasdaq Composite, heavily populated by tech […]