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...
Continued Growth Amid Stricter Emission Standards
Tesla, the electric vehicle (EV) pioneer, has amassed a whopping $9 billion since 2009 by aiding its competitors in selling internal combustion engine (ICE) cars. Despite exclusively producing battery electric vehicles (BEVs), Tesla’s financial success in this...
U.S. Patent Office Bars AI as Inventors, Demands Human Contributions
The U.S. Patent and Trademark Office (USPTO) has declared that artificial intelligence (AI) systems cannot be named as inventors in patent applications. The agency clarified this stance after conducting hearings to gather public input, emphasizing that while AI cannot be...
Apple Vision Pro Launches: Tim Cook Emphasizes Tomorrow’s Technology at Today’s Cost
On the much-anticipated launch day of Apple’s Vision Pro headset, Tim Cook, the tech giant’s CEO, shared insights into the device’s potential with ABC reporters in New York. Emphasizing its revolutionary nature, Cook referred to the Vision Pro as a...
AI Industry in Turmoil: $190 Billion Wiped as Google and Microsoft Reports Rattle Investors
The value of artificial intelligence (AI) companies witnessed a staggering collapse of $190 billion following the release of quarterly reports from industry titans Google and Microsoft. The disappointing figures sent shockwaves through the market, triggering a substantial...
Stellantis is the communication of the future: Peugeot cars revolutionize interaction with ChatGPT
French automaker Peugeot, under the umbrella of Stellantis, has announced its integration of ChatGPT into its vehicles, marking a significant leap in enhancing the driving experience. Following in the footsteps of automotive giants Volkswagen and Mercedes-Benz, Peugeot aims...
Revolutionary Procedure Marks a Milestone in Brain-Computer Interface Technology
Elon Musk’s Neuralink successfully implanted a brain chip into a human for the first time, as announced by the billionaire entrepreneur on his social media platform, X, on Monday. The surgery, performed on Sunday, has reportedly been followed by positive signs of...