According to a Reuters report, the H20 chip launch was originally scheduled for November 2023; however, due to integration challenges faced by several different server manufacturers, the launch was postponed to its new date of October 2024. The H20, the third chip designed specifically with China as its majority user (after L20 and L2), is…
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Reportedly, Intel did not elaborate on the value of this joint venture or its interest in it. The chipmaker did however confirm that this new organisation will have an independent board of directors, not be publicly listed, and that it is a shareholder. Earlier work in collaboration with Boston Consulting Group (BCG) laid the foundation…
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Ives, and a string of other Wall Street tech analysts, suggested that the pace of IT expenditure and endorsement is no match for the money being pumped into AI resources at present, and, according to experts, this is set to continue. Wedbush Securities Inc., a global private investment firm, seconded Ives’ statement, noting that stock…
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Murati has been part of the OpenAI leadership team for five years. In its press release, the company stated: Mira has played a critical role in OpenAI’s evolution into a global AI leader. She brings a unique skill set, understanding of the company’s values, operations, and business, and already leads the company’s research, product, and…
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Experts predict this niche will be worth trillions in years to come. As such, the market attracts more and more investors, and most think tech giants are the answer to getting one’s hands on a slice of the AI share pie. Although it is true that exchange-traded funds (ETFs) focusing on stocks such as Microsoft…
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In the same breath, AMD predicted ending the year on a strong financial note as it plans to launch AI chips that are on par with the current Nvidia offerings. CEO Lisa Su indicated that the company aims to boost the manufacture of the artificial intelligence M1300 semiconductors, one of its flagship products, in the…
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The social trading platform conducted a study of 10,000 retail investors in 13 countries to gauge the receptiveness of applying evolving technological trends in investment decisions. The gathered data reflected that 35% of these were willing to use technology to inform trading choices, while 40% firmly rejected the notion. Interestingly, the 19% open to the…
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IBM (NYSE: IBM) and information giant Thomson Reuters (NYSE:TRI) have teamed up to help banks address ever-growing regulatory requirements through the powerful combination of artificial intelligence (AI) and real-time regulatory insights. IBM and Thomson Reuters Regulatory Intelligence will offer financial institutions access to IBM Cloud's RegTech solution. The two companies collaboration will enable risk and…
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Retail banking company Metro Bank (LON:MTRO) announced that it has added to its mobile application international payments for both its personal and business clients. Metro Bank's mobile app uses Artificial Intelligence (AI) to generate tailored alerts and tips, thus enabling customers to get insights on their personal and business accounts and manage their funds more effectively. David Sosna, Co-founder…
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Making an educated forecast initially expects us to recall on past 2018 cybersecurity breaches. The year began with a huge explosion - Specter and Meltdown (otherwise known as Chipocalypse). Not at all like this had ever happened to PC and cybersecurity. A huge number of frameworks, and also cloud configurations, were influenced. The effect, and…
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