Nvidia to Prioritize Agentic AI Amid Record Q3 Revenue
According to Jensen Huang, CEO of Nvidia, the company will prioritize the development of autonomous (agentic) artificial intelligence following its record revenue in the third quarter. On Nov. 20, Nvidia founder and CEO Jensen Huang declared that the company’s quarterly revenue had increased by 17% from the previous quarter and by 94% from the previous […]
MicroStrategy’s Market Cap in Race to Top Intel’s
MicroStrategy’s (MSTR) market capitalization has surpassed $100 billion and is on course to surpass semiconductor manufacturer Intel. According to a Nov. 19 analyst report shared with Cointelegraph, the stock is poised for additional gains as analysts anticipate that MicroStrategy’s BTC buying spree will accelerate even quicker than previously thought. According to data from Google Finance, […]
Elon Musk Meets With El Salvador President- Details
Elon Musk and El Salvador president recently met to discuss new technologies like AI and others. Elon Musk, the American entrepreneur and President Nayib Bukele of El Salvador, recently held a meeting that attracted global attention. On Saturday, the CEO of Tesla and SpaceX shared that he had an “excellent conversation with President Nayib Bukele” […]
SoftBank and Sam Altman’s Challenge Nvidia’s Big AI Move
SoftBank and Sam Altman’s AI chip venture challenges Nvidia’s market dominance, sparking speculation about its next move. To challenge Nvidia’s position in the domain of generative AI, Masayoshi Son, founder and CEO of SoftBank, has disclosed strategies to secure an unprecedented $100 billion in funding for his AI enterprise. This audacious action constitutes a direct […]
FTC Approves Procedures to Investigate AI-related Lawbreaking
In light of potential legal infringements associated with AI applications, the United States Federal Trade Commission (FTC) has authorized a novel, streamlined procedure for investigating cases involving the illicit utilization of artificial intelligence (AI). Unanimously, the FTC endorsed a measure to expedite the ability of its staff to issue civil investigative demands (CIDs), a type […]