Nvidia CEO Jensen Huang recently revealed that the next-generation graphics processor for artificial intelligence, known as Blackwell, will come at a hefty price tag of between $30,000 and $40,000 per unit. This significant cost is attributed to the innovative technology incorporated into the chip, representing a substantial investment in research and development by Nvidia. The
Enterprise
The recent news of Apple being in talks with Alphabet-owned Google to potentially license Gemini, a suite of AI tools, for future iPhones has stirred much excitement in the tech industry. If this collaboration comes to fruition, it could have significant implications for both companies and the smartphone market as a whole. On one hand,
India has set its sights on becoming one of the top five semiconductor producers globally within the next five years. According to Ashwini Vaishnaw, the minister of electronics and information technology, railways, and communications, this move is crucial to establishing India as a key player in the semiconductor market. The global value chains and supply
Norway has become a global leader in electric vehicle (EV) adoption, with a staggering 82% of new cars sold in 2023 being electric. This remarkable achievement can be largely attributed to the incentives and subsidies provided by the Norwegian government to EV owners. Additionally, the country’s significant investment in charging infrastructure has played a crucial
Reddit, the popular online platform, has recently come under scrutiny from the Federal Trade Commission (FTC) regarding its data-licensing business. According to an updated initial public offering (IPO) prospectus, Reddit received a letter from the FTC on March 14, 2024, informing the company that the FTC’s staff is conducting a non-public inquiry into Reddit’s sale,
Tesla, the well-known electric vehicle maker, recently settled a racist discrimination lawsuit in which a federal jury awarded $3.2 million in damages to Owen Diaz, a Black man who worked as an elevator operator at its Fremont, California factory in 2015. The terms of the settlement are confidential, but the attorney representing Diaz, Lawrence Organ,
A recent case involving electric vehicle maker Tesla and one of its employees has resulted in a troubling verdict. An Indiana jury found Tesla and the employee, Kyle Kaszuba, partially liable in a 2017 crash that involved a company-owned Ford truck and a motorcycle. The victim, Christopher Dugan, suffered a partial amputation, permanent disfigurement, and
Short sellers have always been a controversial topic in the stock market. These investors bet on the decline of a company’s stock price, often causing turbulence for the company and its shareholders. Palantir CEO Alex Karp recently shared his thoughts on short sellers in an interview with CNBC, expressing his disdain for their practices. In
Michael Saylor’s recent announcement of MicroStrategy purchasing an additional 12,000 bitcoins for $822 million has caused a surge in MicroStrategy’s stock value. Saylor’s continuous endorsement of Bitcoin has a direct impact on the company’s performance in the market. His statements regarding Bitcoin’s potential and the company’s strategic investments have been driving up MicroStrategy’s stock value.
The United States is intensifying its efforts to counter competition from China, with plans to impose further restrictions in various sectors. According to Steven Okun, founder and CEO of consultancy APAC Advisors, the process of “decoupling” from China is gaining momentum. The key question at this juncture is the extent and breadth of these upcoming