Mercedes-Benz Shifts Gears: Abandons Exclusive Electric Car Plan for 2030
Mercedes-Benz has veered away from its ambitious plan to exclusively sell electric cars by 2030. The automotive giant announced this decision on Thursday, signaling a shift in the industry’s perspective on an all-electric future following a notable slowdown in sales...
Jeff Bezos will liquidate $2 billion worth of Amazon stock for the third time in February.
Amazon founder Jeff Bezos has reportedly sold approximately $2.03 billion worth of Amazon stock in the past few days. Remarkably, this marks the third instance within the month that Bezos has chosen to liquidate a substantial portion of his Amazon shares. As of February, the...
SoftBank’s $100 Billion Gamble: Izanagi Aims to Rival Nvidia in AI Chip Race
SoftBank Group’s founder, Masayoshi Son, is setting the stage for an audacious venture with a hefty price tag of $100 billion. Codenamed Izanagi, this project is poised to challenge Nvidia’s dominance in the realm of artificial intelligence (AI) chips, according...
Google renames Bard to Gemini and launches its most powerful model, Ultra 1.0
Shortly after the release of Gemini, Google’s ambitious language model, the tech giant is already taking a step further with the introduction of its successor, Gemini 1.5. Unlike its predecessor, Gemini 1.5 is set to cater primarily to developers and enterprise users...
NVIDIA’s Financial Triumph: A Spectacular Surge in Profits Amidst the AI Boom
In a resounding victory for NVIDIA, the tech giant reported fiscal fourth-quarter results that surpassed Wall Street expectations, showcasing an exceptional surge in profits and sales. The company, a prominent player in the tech industry, is reaping the rewards of the...