Intel Plans to Spend $100 Billion on Chip Plants
Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.
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Nvidia CEO Announces New AI Chips
Nvidia announced on Monday, March 18, a new generation of artificial intelligence chips and software for running AI models.
Department of Homeland Security to Embrace AI
The Department of Homeland Security (DHS) became the first federal agency in the United States to embrace artificial intelligence.
Starbucks Ends NFT Program
Starbucks’ “Odyssey Beta program” which allowed users to engage in coffee-themed games and challenges in return for digital collectable NFT stamps will wind up on March 31.
Lyft, Uber to Stop Operations in Minneapolis
Uber Technologies and Lyft have announced their intention to cease operations in Minneapolis.
Apple to Pay $490 Million to Settle Class-Action Lawsuit
Apple agreed to pay $490 million to settle a class-action lawsuit that claimed that the company’s chief executive, Tim Cook, was involved in deceiving shareholders by hiding information that iPhone sales had significantly decreased in the Chinese smartphone market.
US Urges for Global AI Regulations at UN
The United States has introduced a resolution to the United Nations (UN) that promotes safe, secure, and trustworthy artificial intelligence systems.
Adobe Faces Its Biggest Downturn in More Than 20 Years
On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.
Robinhood Jumps After Growth in Assets
The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.
Oracle Presents AI Capabilities for Finance and Supply Chain
Oracle has added new generative artificial intelligence capabilities to its Fusion Cloud Applications Suite.
Nvidia Faces High Investor Expectations at AI Conference
Next week Nvidia Corp. will hold an annual conference on artificial intelligence, but already now this developer of advanced chips is facing high expectations regarding the news at the planned event.
US House Passes Bill to Force ByteDance to Divest TikTok
The United States House of Representatives on Wednesday, March 13, passed a bill according to which the Chinese company ByteDance, which owns TikTok, must divest the US assets of this short-video app within six months or face a ban.
DoorDash Uses AI to Detect Verbal Abuse
DoorDash has announced the addition of a new artificial intelligence-based feature to its corporate functional space.
JPMorgan CEO Says About Probability of US Recession
JPMorgan Chief Executive Officer Jamie Dimon on Tuesday, March 12, during a video conference at the Australian Financial Review business summit in Sydney, said that, in his opinion, one should not deny the likelihood of a recession in the United States.
US Wants to Help Philippines Double Its Semiconductor Facilities
US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.
Airbnb Bans Indoor Security Cameras
The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.
