Huawei Reports Quarterly Earnings
Huawei Technologies on Tuesday, April 30, released information on the financial performance of its activities in the first quarter of the current year.
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Microsoft to Invest $1.7 Billion in Indonesia
On Tuesday, April 30, Microsoft announced its intention to invest $1.7 billion in Indonesia over the next four years.
Samsung Reports Jump in Profit
Samsung Electronics on Tuesday, April 30, released information on its financial results for the first quarter of the current year, which showed significant growth, largely due to an increase in prices for memory chips amid increased optimism about the prospects for the development and scaling of the artificial intelligence industry.
Meta to Launch Bonus Program for Creators on Threads
A time-limited bonus program will be launched on the Threads social network, which is part of the ownership structure of the Meta technology giant.
Apple and OpenAI Reportedly Reopen iPhone AI Talks
The media reports that Apple has resumed negotiations with OpenAI on the integration of artificial intelligence functions into the iPhone.
Ethiopian Eco Startup Kubik Gets Fresh Funding for Pan-African Growth
Kubik is turning plastic waste into eco-friendly interlocking building materials like bricks, columns, beams and jambs.
Snap Says Augmented Reality Drives User Engagement
Snap, which owns the popular Snapchat virtual platform, believes that augmented reality will be one of the most significant advances in the area of computing ever seen in the world.
Microsoft Reports Quarterly Earnings
Microsoft has released data on its financial results for the last fiscal quarter, which exceeded analysts’ preliminary expectations.
CEOs of OpenAI, Google and Microsoft to Join Federal AI Safety Panel
The United States government has asked companies operating in the artificial intelligence industry for advice on how to use advanced technology to protect utilities, airlines, and other critical infrastructure from hacker attacks applying AI.
Alphabet’s Value Exceeds $2 Trillion Mark
The market capitalization indicator of Alphabet Inc. on Friday, April 26, significantly exceeded the historical mark of $2 trillion.
Elon Musk’s xAI Reportedly Close to Raising $6 Billion
The media reports that Elon Musk’s startup xAI, which operates in the sphere of artificial intelligence, is close to raising funds for $6 billion from investors.
Intel Shares Fall Due to Weak PC Chip Demand
Intel’s share price on Friday, April 26, at the premarket showed a significant decline of more than 7% after the company’s pessimistic sales forecast for the second quarter of 2024 testified that the so-called artificial intelligence boom reduces consumer spending on microcircuit for traditional data centers and computer chips.
Nvidia to Acquire Israeli Startup Run:ai
AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.
Amazon to Invest $11 Billion in Indiana
Amazon.com ‘s cloud computing unit has announced plans to invest $11 billion in projects to build data centers in Indiana.
Microsoft-Backed Rubrik Shares Increase 25%
Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.
Meta’s Stock Declines on AI Spending Plans
On Thursday, April 25, at the premarket, the price of Meta shares showed a drop in the dynamic amid news about the intention of this technology giant to switch to a strategy of so-called aggressive investment in the artificial intelligence industry, which investors treat with extreme caution and significant concerns.
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