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Keywords: Ai


Alphabet shares reach new record as Google challenges Nvidia’s reign in AI chips

Alphabet  shares climbed to unprecedented heights following reports that Google’s latest AI advancements and chip technology are disrupting Nvidia’s  dominance in the artificial intelligence hardware space. The surge comes amid growing investor enthusiasm fueled by the......

Macron calls for a major acceleration in AI adoption across Europe

French President Emmanuel Macron has urged Europe to accelerate its adoption of artificial intelligence, insisting that the continent must move rapidly to stay competitive in a world dominated by technological powerhouses. Speaking at the AdoptAI summit in Paris, Macron told an audience of entrepreneurs,......

Black Forest Labs unveils FLUX.2, an advanced AI image generation model

Black Forest Labs unveiled FLUX.2, a new family of advanced AI image generation models designed for professional and creative production workflows. Optimized for consumer-grade NVIDIA RTX graphics cards through FP8 quantization, FLUX.2 achieves a 40% reduction in video memory requirements and a 40% increase......

Alibaba cloud and AI fuel revenue growth despite profit decline

Alibaba Group Holding Ltd. reported second-quarter revenue of 247.8 billion yuan (approximately $35 billion), beating analyst expectations thanks to rapid expansion in its cloud computing and artificial intelligence (AI) businesses. The cloud segment grew by 34% year over year to 39.8 billion yuan, driven......

TSMC to boost Taiwan’s semiconductor leadership with three new 2-nanometer fabs

Taiwan Semiconductor Manufacturing Company (TSMC) is set to significantly expand its 2-nanometer chip manufacturing capacity by constructing three additional fabs in Taiwan’s Southern Science Park. This ambitious expansion will increase TSMC’s total 2nm fab count in Taiwan from seven to ten,......

EU launches whistleblower tool for AI to promote safety and transparency

The European Commission unveiled a new whistleblower platform on Monday under the Artificial Intelligence (AI) Act, designed to allow secure reporting of potential legal violations in AI development and deployment. The initiative aims to enhance transparency and safety in AI systems across......

Nvidia addresses AI bubble concerns with detailed investor letter amid market skepticism

Nvidia  has directly confronted mounting fears of an AI bubble and questions about its financial health by distributing a detailed seven-page letter to major global shareholders. The letter, personally overseen by CEO Jensen Huang, comes in the wake of a week-long decline in Nvidia’s......

TSMC accelerates production and expands capacity to meet unprecedented AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, is intensifying its production to meet soaring demand for artificial intelligence (AI) chips. Operating around the clock, TSMC is rapidly scaling its advanced technology offerings, including the 2-nanometer (nm) process......

Global stock markets rebound as Fed signals rate cut may be near

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......