Tag: nvidia

Nvidia becomes Tesla’s successor as market flips from EV to AI
4Mar By adminNo Comments
Technology

Nvidia becomes Tesla’s successor as market flips from EV to AI

[ad_1] Nvidia Corp.'s rise is captivating the stock market and driving the S&P 500 Index to new highs. But it also raises cautionary reminders of another investor darling that soared on dreams of a technological transformation, only to tumble back to earth when those hopes turned to disappointment. That stock belongs to Tesla Inc., which sparked its own mania in 2017 as investors bet that electric vehicles were going to take over the world. Back then, Elon Musk's company was a phenomenon as it blew past established carmakers like General Motors Co. and Ford Motor Co. in market capitalization to become America's biggest auto manufacturer. Some analysts were looking beyond the industry and calling it “the next Apple Inc.” Now, Tesla shares are down more than 50% from their 2021 peak, ...
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Nvidia CEO says AI could pass human tests in five years
2Mar By adminNo Comments
Technology

Nvidia CEO says AI could pass human tests in five years

[ad_1] Nvidia Chief Executive Jensen Huang on Friday said that artificial general intelligence could - by some definitions - arrive in as little as five years.Huang, who heads the world's leading maker of artificial intelligence chips used to create systems like OpenAI's ChatGPT, was responding to a question at an economic forum held at Stanford University about how long it would take to achieve one of Silicon Valley's long-held goals of creating computers that can think like humans. Huang said that the answer largely depends on how the goal is defined. If the definition is the ability to pass human tests, Huang said, artificial general intelligence (AGI) will arrive soon. "If I gave an AI ... every single test that you can possibly imagine, you make that list of tests and put it in fro...
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Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup
24Feb By adminNo Comments
Technology

Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup

[ad_1] Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that's developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence.The startup Figure AI Inc. — also backed by OpenAI and Microsoft Corp. — is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion, said the people, who asked not to be identified because the matter is private. Through his firm Explore Investments LLC, Bezos has committed $100 million. Microsoft is investing $95 million, while Nvidia and an Amazon.com Inc.-affiliated fund are each providing $50 million. Robots have emerged as a critical new frontier for the AI industry, letting it apply cutt...
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What Bubble? Nvidia Profits Are Rising Even More Than Its Stock
23Feb By adminNo Comments
Technology

What Bubble? Nvidia Profits Are Rising Even More Than Its Stock

[ad_1]  Nvidia Corp.'s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look cheaper.All eyes were on the chipmaker's guidance for signs about the strength of the AI market, and Nvidia didn't disappoint. With the numbers now in, bulls are swiftly calculating the stock's new price-to-earnings ratio, or how much investors are paying for future growth. “Some investors have been scared to buy because they think the stock is too expensive, but that's been a huge mistake,” said James Demmert, chief investment officer at Main Street Research. “Every time it reports, the P/E shrinks because the E ends up being so much stronger than people expect.” Put another way, Nvidia's earnings have been growi...
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5 things about AI you may have missed today; First AI officer, Google halts AI-linked people images, more
22Feb By adminNo Comments
Technology

5 things about AI you may have missed today; First AI officer, Google halts AI-linked people images, more

[ad_1] US Justice department appoints first AI officer to navigate technology challenges; Google halts AI generated people images over racial inaccuracies;  ITMO researchers utilise AI to accelerate carbon nanoparticle synthesis for cancer diagnosis; Majority of Indian consumers prefer AI over human interaction, reveals Adobe report- this and more in our daily roundup. Let us take a look.1. US Justice department appoints first AI officer to navigate technology challengesThe U.S. Justice Department appoints its first AI officer, Jonathan Mayer from Princeton University, amid growing challenges posed by AI in federal law enforcement. Mayer, as chief science and technology adviser, will guide the responsible integration of AI into investigations and prosecutions. With a focus on staying ah...
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5 things about AI you may have missed today: AI not here to ‘take our jobs’, Tamil Nadu introduces AI mission, more
19Feb By adminNo Comments
Technology

5 things about AI you may have missed today: AI not here to ‘take our jobs’, Tamil Nadu introduces AI mission, more

[ad_1] AI roundup: In recent AI news, S&P Global Market Intelligence President Adam Kansler said that AI will not take our jobs but it may create a demand curve and we have to go a long way to fully understand the technology. On the other hand, Tamil Nadu is embracing the path of technological innovation and has announced an Artificial Intelligence Mission for the development of the state. Know more about what is happening in the world of AI today. S&P Global Market Intelligence highlighted how AI could create a demand curveIn a recent interview, Adam Kansler highlighted that AI is not here to take our jobs or reduce human labour, however, it may create a demand curve which is yet to be discovered. Kansler said that the increasing productivity may lead to change in demand which ...
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5 things about AI you may have missed today: Nvidia CEO says boost AI infra; McAfee unveils AI dating reality, more
12Feb By adminNo Comments
Technology

5 things about AI you may have missed today: Nvidia CEO says boost AI infra; McAfee unveils AI dating reality, more

[ad_1] AI roundup: Countries around the globe are embracing artificial intelligence (AI) technology with gusto to catch up with others. Among the biggest worries is skilling. Now, Google has announced it is investing 25 mn euros in enhancing workers' knowledge about AI in Europe. At the same time, Nvidia CEO Jensen Huang says that countries should be developing their AI infrastructure to ensure strong economic growth. Know what's happening in the world of AI.Google to invest 25 million euros to enhance AI skills in EuropeGoogle announced the funding of 25 million euros ($26.98 million) to empower workers in Europe with the knowledge of artificial intelligence (AI) technology. Adrian Brown, executive director of the Centre for Public Impact said, “This new program will help people across...
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Double Whammy for Elon Musk: Slowing EV demand and shaky AI credentials make it hard
12Feb By adminNo Comments
Technology

Double Whammy for Elon Musk: Slowing EV demand and shaky AI credentials make it hard

[ad_1]  If you're building a list of the most important stocks in the market, Tesla Inc. has to be on it. Or does it? That's part of a growing debate on Wall Street, where shares of Elon Musk's electric-vehicle maker are tanking as the rest of the market rallies — and the company is warning that things may not get better for a while. An original member of the so-called Magnificent Seven tech stocks that have been driving the S&P 500 Index to new heights, traders are now wondering if Tesla's name belongs next to those other powerhouses.After doubling last year, Tesla's stock price is down 22% to start 2024. Compare that to Nvidia Corp.'s 46% surge or Meta Platforms Inc.'s 32% gain since the beginning of the year and it's easy to see where the questions are coming from. Indeed, it's b...
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Nvidia, Cisco to Help Companies Build In-House AI Computing
7Feb By adminNo Comments
Technology

Nvidia, Cisco to Help Companies Build In-House AI Computing

[ad_1]  Corp. and Cisco Systems Inc. are teaming up to make it easier for corporations to build their own AI computing infrastructure, an attempt to push the technology beyond the big data-center providers. Under an arrangement announced Tuesday, Cisco will offer Nvidia-based equipment — popular for developing artificial intelligence models — along with its networking gear. For Nvidia, the partnership opens up another channel for its technology. Cisco, meanwhile, gets to capitalize on an AI spending boom that's helped turn Nvidia into the world's most valuable chipmaker.  “Working closely with Cisco, we're making it easier than ever for enterprises to obtain the infrastructure they need to benefit from AI, the most powerful technology force of our lifetime,” Nvidia Chief Executive Offic...
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5 things about AI you may have missed today: China’s BIGAI unveils Tong Tong, jobs and AI, more
2Feb By adminNo Comments
Technology

5 things about AI you may have missed today: China’s BIGAI unveils Tong Tong, jobs and AI, more

[ad_1] China's BIGAI unveils tong tong, world's first emotionally intelligent AI entity, echoing Iron Man's Jarvis; House of Lords urges UK ministers to protect content creators from unauthorised AI use; Bank of England Governor optimistic on AI impact, dismisses job destruction fears; Apple CEO Tim Cook confirms arrival of generative AI features 'later this year'- this and more in our daily roundup. Let us take a look.1. China's BIGAI unveils Tong Tong: World's first emotionally intelligent AI entity, echoing Iron Man's JarvisA China-based AI scientist creates the world's first AI entity, Tong Tong, with emotions and intellect reminiscent of Iron Man's Jarvis. Unveiled at a Beijing exhibition by the Beijing Institute for General Artificial Intelligence (BIGAI), Tong Tong showcases adva...
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