Enterprise Cloud Infrastructure Spending Surges to $84B
In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.
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Nvidia to Join Dow Jones Industrial Average
Nvidia is replacing rival microcircuits manufacturer Intel in the Dow Jones Industrial Average, which is a shakeup in the blue-chip index.
US to Invest $825 Million in New York Semiconductor R&D Facility
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Microsoft Reports Earnings
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
OpenAI Launches ChatGPT Search
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
Booking.com Expands AI-Powered Features
Booking.com, a digital travel platform, expands its features, which are powered by artificial intelligence.
Siemens to Buy Altair
Siemens will buy Altair Engineering, a company specializing in software development.
Indonesia Bans iPhone 16
Sales of the latest generation of the iPhone smartphone from the US technology giant Apple have been banned in Indonesia.
AMD Reports Quarterly Revenue
Advanced Micro Devices (AMD) on Tuesday, October 29, released information about its earnings for the quarter ended September 28, 2024.
Alphabet Reports Earnings
Alphabet, the parent company of Google, has published information about its earnings for the third quarter of the current year.
Which Is Better: Amazon Q or Microsoft Copilot? Comparing Game-Changing AI Assistants
In the rapidly advancing realm of artificial intelligence, two groundbreaking AI companions have emerged as game-changers in the tech industry: Microsoft’s Copilot and Amazon’s Q. These cutting-edge AI-powered systems represent the pinnacle of innovation, each designed to revolutionize the way we interact with technology and streamline our daily tasks. While both aim to enhance productivity […]
AI Share in U.S. VC Funding Surges
AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.
Microsoft’s Revenue Reportedly to Decline
Microsoft is expected to release data on Wednesday, October 30, on the slowest growth rate of quarterly revenue in a year.
Alphabet’s Q3 Revenue Growth Reportedly to Slow
It is expected that the technology giant Alphabet on Tuesday, October 29, will release data on the slowest revenue growth in the last four quarters hurt by competition that weighed on its core Google Search business and dented YouTube advertising spending.
Intel Invests $300 Million in China
Intel has announced its intention to expand its chip packaging and testing base in Chengdu, a city located in the southwestern part of China and the capital of Sichuan province.
Hong Kong Unveils Rules for Responsible AI Use
The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.
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