Amazon developed in-house AI chips to reduce reliance on Nvidia and offer more cost-effective computing solutions for AWS customers.
Browsing: AI
Artificial Intelligence insights news and analysis, from product developments in AI to legal and policy issues.
OUR TAKE IBM’s strong performance in the AI and software sectors underscores the growing demand for AI technologies and solutions.…
OUR TAKE Recent AI advancements are enhancing assistive technology, offering new independence for the visually impaired. AI tools like Be…
OUR TAKE ElevenLabs’ introduction of AI-generated voice-overs from deceased celebrities represents a major advancement in technology and media. By incorporating…
OUR TAKEMIT CSAIL has developed a new method for training domestic robots utilising an iPhone to scan the home environment and upload…
OUR TAKEMistral’s Large 2, though with fewer parameters (123 billion), it offers superior performance in these areas compared to Meta’s recent launch. Mistral…
OUR TAKESK Hynix experiences a significant surge in profits due to the booming demand for AI-related technologies, yet its stock…
Microsoft has unveiled Bing generative search, a new feature that aims to rival Google’s AI-powered search capabilities. This feature is supported by a combination of AI models, which gather and summarise information from the web in response to search queries.
OUR TAKESoftware company ServiceNow has reported impressive second-quarter results, with subscription sales up a substantial 23% to $2.54 billion, beating…
OUR TAKESK Hynix has shown a remarkable financial performance this quarter, with revenues reaching $11.9 billion, exceeding the expected $11.7…
SK Hynix posted its strongest quarterly profit since 2018, reaching $3.96 billion, driven by AI chip demand.
In the second quarter, IBM’s sales grew by 2% to $15.8 billion, with the software division seeing revenues climb by 7% to $6.7 billion, both exceeding analysts’ expectations.