Market News

Nosedive: Nvidia's Shares Plunge After $5.5 Billion Hit

The current export rules to China have led Nvidia shares on a downward spiral.

Global AI Market Set to Reach $368 Billion by 2034

The projections for the AI market indicate a 19.2% rise.

Munich-based Company, Hawk Secures Funding to Fight Financial Crime with AI

Hawk has raised $56 million to aid its push against financial crime with AI.

Is Google Paying AI Staff Not to Leave?

Reports suggest that Google is allegedly paying some AI staff to do nothing for a year.

Ant Group uses domestic chips to train AI models and cut costs

Ant Group has cut AI training costs by 20% using Chinese-made chips from Alibaba and Huawei, achieving performance comparable to Nvidia's H800. This cost-effective approach highlights China's push for AI

OpenAI Plans to Convene Group to Advise Its Nonprofit Objectives

OpenAI wants to put a group together to provide a direction for its nonprofit goals.

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