Ai Boom
- All
- News
- Videos
- Web Stories
-
Artificial Intelligence Boom To Trigger Thousands Of Deaths, $20 Billion In Health Costs Annually: Study
By 2030, this pollution could lead to 1,300 premature deaths annually in the US and public health costs of nearly $20 billion.
-
AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
-
AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
-
Will AI Bubble Burst? All The Buzz Around The Hottest Tech Trend
From an economic perspective, the concerns around the AI bubble mirror those seen in past tech booms, such as the "dot-com bubble" of the late 1990s.
-
Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
-
Samsung, Apple Lead Global Smartphone Market as Q2 2024 Shipments Grow 6.5 Percent: IDC
Preliminary data from IDC showed on Monday that the global smartphone market has logged a notable growth between the months of April and June this year. Samsung held the first spot with an 18.9 percent share of shipments in the second quarter, followed by Apple with a 15.8 percent share and Xiaomi with 14.8 percent.
-
Nokia Taps AI Boom With $2.3 Billion Infinera Purchase
Nokia is on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence (AI), as part of the Finnish company's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal. The acquisition of Infinera will help it to leapfrog Ciena and become the second largest ...
-
Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
-
Nvidia Crosses $3 Trillion Market Cap, Surges Ahead Of Apple On AI Boom
Al chip-maker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft.
-
Google CEO Sundar Pichai Nears Billionaire Status Amid AI Boom
Alphabet Inc. Chief Executive Officer Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.
-
India Top Choice For Digital Pursuit, Says Nasscom Report
The report 'Digital Enterprise Maturity 5.0: Digital Readiness in the Era of AI' is based on a survey of 550 enterprises across 11 major sectors and seven major geographical regions.
-
Nokia Foresees Boom in Network Demand Fuelled by Metaverse, Web3, AI Penetration
Nokia is working to make its services and equipment capable of handling the coming times when Web3, Metaverse and Artificial Intelligence will take centre stage and demand more network. By 2030, Nokia estimates, the network demand is likely to increase between 22 percent to 25 percent.
-
Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush
Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware.
-
Artificial Intelligence Boom To Trigger Thousands Of Deaths, $20 Billion In Health Costs Annually: Study
By 2030, this pollution could lead to 1,300 premature deaths annually in the US and public health costs of nearly $20 billion.
-
AI Boom Makes 139-Year-Old Cable Company Japan's Hottest Stock
Fujikura Ltd., which makes wire cabling for data centres, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year.
-
AI Boom Propels A Century-Old Texas Land-owner Company To 230% Stock Rally
Dallas-based Texas Pacific Land Corp., which employs 100 people, has seen its stock more than triple this year, giving it a market value of almost $40 billion.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
-
Will AI Bubble Burst? All The Buzz Around The Hottest Tech Trend
From an economic perspective, the concerns around the AI bubble mirror those seen in past tech booms, such as the "dot-com bubble" of the late 1990s.
-
Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
-
Samsung, Apple Lead Global Smartphone Market as Q2 2024 Shipments Grow 6.5 Percent: IDC
Preliminary data from IDC showed on Monday that the global smartphone market has logged a notable growth between the months of April and June this year. Samsung held the first spot with an 18.9 percent share of shipments in the second quarter, followed by Apple with a 15.8 percent share and Xiaomi with 14.8 percent.
-
Nokia Taps AI Boom With $2.3 Billion Infinera Purchase
Nokia is on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence (AI), as part of the Finnish company's bid to buy U.S. optical networking gear maker Infinera in a $2.3 billion deal. The acquisition of Infinera will help it to leapfrog Ciena and become the second largest ...
-
Nvidia Rides AI Boom to Dethrone Microsoft as World's Most Valuable Company
Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology.
-
Nvidia Crosses $3 Trillion Market Cap, Surges Ahead Of Apple On AI Boom
Al chip-maker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft.
-
Google CEO Sundar Pichai Nears Billionaire Status Amid AI Boom
Alphabet Inc. Chief Executive Officer Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune.
-
India Top Choice For Digital Pursuit, Says Nasscom Report
The report 'Digital Enterprise Maturity 5.0: Digital Readiness in the Era of AI' is based on a survey of 550 enterprises across 11 major sectors and seven major geographical regions.
-
Nokia Foresees Boom in Network Demand Fuelled by Metaverse, Web3, AI Penetration
Nokia is working to make its services and equipment capable of handling the coming times when Web3, Metaverse and Artificial Intelligence will take centre stage and demand more network. By 2030, Nokia estimates, the network demand is likely to increase between 22 percent to 25 percent.
-
Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush
Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware.
