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Category Archives: Tech
Nokia’s AI Gamble Targets 60% Profit Surge
Finnish firm seeks annual operating profits of €2.7 to €3.2 billion by 2028. The post Nokia’s AI Gamble Targets 60% Profit Surge appeared first on TechRepublic.
Nvidia stock pops 5% in premarket trading after stronger-than-expected results
The AI chipmaker’s strong quarterly earnings have boosted global AI stocks.
Nvidia sent a strong signal on AI infrastructure — but is it a bubble barometer?
Analysts agree that Nvidia’s earnings are a clear signal of of strong demand for AI infrastructure. Less clear, however, is whether the results can dispel fears of an AI bubble in markets.
‘Robotaxi has reached a tipping point’: Baidu, Nvidia leaders see momentum as competition rises
Global tech executives in recent weeks have proclaimed the robotaxi industry is finally near an inflection point.
Hong Kong Police smash $141 million Triad gambling network
Hong Kong Police have stated that an orchestrated takedown of a HK$1.1 billion ($141 million) Triad gambling network has been carried out. The police issued a video conference around the bust, confirming that ten men and five women were apprehended … Continue reading
Nvidia’s beat and raise should wow even its most hardened critics, and the stock soars
Talk about a strong showing.
Monarch Tractor preps for layoffs and warns employees it may ‘shut down’
The memo that went out Thursday, which TechCrunch obtained, says the “timing” of the company’s pivot away from tractor manufacturing puts it at risk.
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Nvidia CEO Jensen Huang rejects talk of AI bubble: ‘We see something very different’
During Nvidia’s quarterly earnings call, CEO Jensen Huang offered a three-pronged argument to suggest that AI isn’t a bubble.
Asian chip names rally as Nvidia forecasts hotter-than-expected sales after earnings beat
Asian chip stocks rose in early trading after American AI chip darling Nvidia beat earnings expectations in a strong sign for AI demand.
Nvidia says there’s ‘no assurance’ of final agreement with OpenAI despite $100 billion pact
Two months after announcing its blockbuster $100 billion agreement with OpenAI, Nvidia said in its quarterly report that an official deal is not guaranteed.