Author Archives: Techme101

Tech’s $380 billion splurge: This quarter’s winners and losers of the AI spending boom

With the largest cloud and internet companies reporting results this week, it’s clear that spending on artificial intelligence is only increasing.

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Reddit CEO says chatbots are not a traffic driver

Reddit doesn’t see a lot of traffic coming from chatbot answers

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Nvidia expands AI ties with Hyundai, Samsung, SK, Naver

NVIDIA CEO Jensen Huang is visiting South Korea to strengthen partnerships with Samsung, Hyundai, SK, and Naver, unveiling plans for AI-powered networks and next-generation intelligent systems.

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Nvidia’s Huang downplays concerns over selling AI chips to Beijing: It has ‘plenty’ of its own

“It’s in the best interest of America to serve that China market. It’s in the best interest of China to have the American technology,” the Nvidia CEO said.

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Affirm gets boost from New York Life with $750 million loan deal

Affirm has secured similar funding lines with Liberty Mutual Investments, PGIM, and Sixth Street Partners, a trend across the buy-now-pay-later sector.

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Just 5% of CRE companies have achieved their AI goals. Here’s why

JLL found that 88% of investors, owners and landlords said they have started piloting AI, with most pursuing an average of five use cases simultaneously.

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Amazon’s earnings rally, Netflix’s stock split, chocolate inflation and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

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Amazon Reports Strong Q3 Amid AI and Cloud Expansion

CEO says “AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY.” The post Amazon Reports Strong Q3 Amid AI and Cloud Expansion appeared first on TechRepublic.

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Nvidia CEO Jensen Huang says AI is in a ‘virtuous cycle.’ Here’s what he means

“The virtual cycle of AI has been designed, and this is … the reason why you’re seeing the world’s capex going so fast,” Nvidia CEO Jensen Huang said.

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Google to offer Gemini AI for free to over 500 million Jio users as global firms double down on India

Global AI companies are stepping up efforts to gain users in India by offering free subscriptions

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