Technology
Technology
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Technology
Nvidia Needs EU Approval to Buy AI Startup Run:ai, Regulators Say
Technology
Siemens’ $10.6 Billion Altair Deal Strengthens Its Industrial Software Offering
Technology
Apple Launches New, More Powerful Versions of MacBook Pro
Facebook Parent Meta Projects Sharp Acceleration in AI Costs After Results Beat Wall Street Targets
Date: October 30, 2024
By Katie Paul, Akash Sriram (Reuters) -Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure expenses. The results sent mixed signals to investors about whether digital ad sales from Meta’s core social media business would continue to cover the cost of...
Exclusive-China Tells Carmakers to Pause Investment in EU Countries Backing Ev Tariffs, Sources Say
Date: October 30, 2024
SHANGHAI (Reuters) – China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe. The new European Union tariffs of up to 45.3% came into effect on Wednesday after a year-long investigation...
Sanjay Moolchandani: Revolutionizing Financial Risk Management Through Technological Innovation
Date: October 30, 2024
Sanjay Moolchandani, a global banking leader with over 20 years of experience in financial technology and risk management, has been at the forefront of integrating advanced technology into financial risk management frameworks. Sanjay’s groundbreaking work in developing risk management strategies powered by Artificial Intelligence (AI) and Machine Learning (ML) has positioned him as a...
Xiaomi Launches Faster Version of Flagship Ev in Challenge to Tesla
Date: October 30, 2024
BEIJING (Reuters) – Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as the fastest four-door car in production in a direct challenge to the likes of Tesla and Porsche. Xiaomi, still better known for smartphones and home appliances than cars, entered China’s crowded...
Exclusive-OpenAI Builds First Chip With Broadcom and Tsmc, Scales Back Foundry Ambition
Date: October 29, 2024
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) – OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence systems, while adding AMD chips alongside Nvidia chips to meet its surging infrastructure demands, sources told Reuters. OpenAI, the fast-growing company behind ChatGPT, has examined a...
How to Make Sure a Software Investment Pays Off
Date: October 29, 2024
Software has the potential to transform and enhance your business, granting new capabilities, streamlining operations, and generally improving productivity. At the same time, software is expensive in many cases. Purchasing or developing new software can bolster your business, but how do you make sure that your software investment pays off? The ROI Equation for Software...