artificial intelligence - CybAI news

14 Aug

Hon Hai Shipments of Next-Gen Nvidia Chips to Be Limited in 2024

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Hon Hai Precision Industry Co. will only start shipping a small volume of servers containing Nvidia Corp.’s next-generation chips in the fourth quarter, signaling the challenges the US AI accelerator designer faces in speeding up its innovation.Hon Hai’s shipments of servers containing GB200, or a Grace processor bundled with an upcoming Blackwell graphic processing unit, will grow significantly only in the first quarter of 2025, company spokesman James Wu told analysts in a conference call on Wednesday. The Taiwanese manufacturer will be one of the first server makers to ship gear containing GB200 chips, Wu added. Source link lol

14 Aug

Tencent’s Sales Growth Sped Up After Blockbuster Game Release

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Tencent Holdings Ltd.’s revenue accelerated its growth after the blockbuster summer release of Dungeon & Fighter Mobile helped lift China’s most valuable company out of a gaming trough.Revenue jumped 8% to 161.1 billion yuan ($22.5 billion) for the April-June period, versus the projected estimate of 161.4 billion yuan. Net income surged to 47.6 billion yuan, compared with the estimated 39.9 billion yuan. Source link lol

14 Aug

IPhone Maker Hon Hai Beats Profit Estimates Thanks to AI Boom

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, china, HON HAI PRECISION INDUSTRY, iphone, JULY SARL/CAEN, Logistics, NVIDIA CORP, smartphone, TAIWAN SEMICONDUCTOR MANUFAC, Technology

Apple Inc.’s main manufacturing partner Hon Hai Precision Industry Co. said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering AI applications.The iPhone producer, also known as Foxconn, said on Wednesday that net income in the June quarter was NT$35 billion ($1.1 billion), largely in line with analyst expectations. Hon Hai’s revenue for the period, released earlier, surpassed estimates and came in at NT$1.55 trillion, up 19%. This was helped in large part by its growing business of supplying data center operators with…

14 Aug

In Taiwan, Artificial-Intelligence Fundraising Survives Market Maelstrom

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A new convertible bond offering by a major supplier to Apple Inc. will add to the dollar funds raised by Taiwan’s tech firms this year, thanks to the hybrid securities’ popularity and demand for artificial intelligence investments. Source link lol

14 Aug

Dip Buyers Plow Record Cash Into Megacap Fund Dominated by Tech

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Investors are back lavishing millions onto megacaps as the high-flying tech stocks resume their climb, shrugging off the vestiges of last week’s market meltdown.Traders poured a net $210 million into the Invesco S&P 500 Top 50 ETF (ticker XLG) on Monday, the biggest one-day influx in the fund’s nearly 20-year history, data compiled by Bloomberg show. The record inflow — and fourth straight one — pushed the ETF’s assets up by 4% to $5.3 billion, with nearly half of that attracted in the past year alone. Source link lol

13 Aug

AI-Focused VC Radical Ventures Nears $800 Million Fundraise

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Radical Ventures, a Canadian venture capital firm that made early bets on a string of hot artificial intelligence startups, has secured nearly $800 million in commitments for a new fund, according to people familiar with the plans.The firm is currently nearing the close of the new fund, which will boost its assets under management to about $1.8 billion, said the people, who asked not to be identified discussing private information. Source link lol

13 Aug

I Used ChatGPT’s Advanced Voice Mode. It’s Fun, and Just a Bit Creepy

stp2y0 CommentsGenAIartificial intelligence, chatbots, chatgpt, machine learning, openai, voice assistants

I leave ChatGPT’s Advanced Voice Mode on while writing this article as an ambient AI companion. Occasionally, I’ll ask it to provide a synonym for an overused word, or some encouragement. Around half an hour in, the chatbot interrupts our silence and starts speaking to me in Spanish, unprompted. I giggle a bit and ask what’s going on. “Just a little switch up? Gotta keep things interesting,” says ChatGPT, now back in English.While testing Advanced Voice Mode as part of the early alpha, my interactions with ChatGPT’s new audio feature were entertaining, messy, and surprisingly varied. Though, it’s worth noting…

13 Aug

US Considers a Rare Antitrust Move: Breaking Up Google

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A rare bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations.The move would be Washington’s first push to dismantle a company for illegal monopolization since unsuccessful efforts to break up Microsoft Corp. two decades ago. Less severe options include forcing Google to share more data with competitors and measures to prevent it from gaining an unfair advantage in AI products, said the people, who asked not to be identified…

13 Aug

Nvidia Rebound Adds $400 Billion in Market Value Over Four Days

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It’s been a rough six weeks for Nvidia Corp. shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility. Now, though, signs are emerging the worst might be over.The chipmaker’s shares have surged nearly 17% in the past four sessions, adding more than $400 billion in market value to one of the biggest companies in the world. The rebound has propelled the broader market higher as well, with Nvidia accounting for about 22% of the S&P 500’s gain over that span, double the contribution of any other single stock.…

13 Aug

Google Launches Pixel 9 Phones, Pixel Watch 3 in Renewed Push to Sell AI

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Alphabet Inc.’s Google is rolling out upgraded smartphones, watches and earbuds, aiming to take on Apple Inc. and Samsung Electronics Co. and offer more ways to use artificial intelligence.Google is touting the products — unveiled weeks ahead of Apple’s newest gadgets — as the best way to experience its latest AI technology. The hardware also has outward changes, with Google moving away from the curved design it has used for several years on its Pixel phones. Source link lol