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2024-08-03 01:08:06 -

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Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade
Intel shares cratered on Friday, dragging down Asian stocks including Samsung and TSMC as well as other chipmakers.

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2024-08-03 01:08:06 -

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Amazon shares tumble after third-quarter outlook disappoints
The company is navigating slower sales in its core retail business, and said the chaotic news cycle was partly to blame for its weak forecast.

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2024-08-03 01:08:06 -

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Google pulls AI ad for Olympics following backlash
Google was criticized for using artificial intelligence to write a fan letter to an Olympic athlete.

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2024-08-03 01:08:06 -

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Britain cancels $1.7 billion of computing projects in setback for global AI ambitions
One of the funding commitments was for the creation of a next-generation exascale computer, which would have boosted the U.K.'s AI efforts.

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2024-08-03 01:08:06 -

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Turkey blocks Instagram throughout country amid complaints of censorship of Hamas-related posts
The Turkish government did not disclose a reason for the ban nor how long it would be in place.

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2024-08-03 01:08:06 -

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Apple is spending more on AI, but remains far behind its Silicon Valley peers
Investors are focused on how much mega-cap tech companies are spending on their AI buildouts. Apple is in a category of its own.

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2024-08-03 01:08:07 -

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Microsoft's cloud is 'no-brainer' for some AI startups, helping Azure gain ground on AWS
Microsoft's lead in artificial intelligence along with a program to provide credits to early-stage companies is making Azure more popular among startups.

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2024-08-03 01:08:07 -

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Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals
The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in AI chips, The Information reported.

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2024-08-03 01:08:07 -

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Why all semiconductor firms are not benefiting from the AI boom like Nvidia has
Not all chip firms are benefiting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain.

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2024-08-03 01:08:07 -

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Nintendo profit falls 55% as sales of its ageing Switch console plunge
Nintendo sold 2.1 million units of its flagship Switch consoles, down 46% from the 3.91 million units it sold in the year ago period.

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