The Nasdaq is a stock market index predominantly comprising technology and internet-related companies. Investors and traders closely monitor its performance as it serves as a barometer for the technological sector’s robustness and the general market mood. Nasdaq all-time high The Nasdaq Composite surpassed its previous highest value, marking a significantRead More →
Reddit’s shares have surged following the announcement of a partnership with AI start-up OpenAI Through this deal, OpenAI, the creator of the ChatGPT chatbot, will gain access to Reddit’s content and introduce AI-driven features to the platform. OpenAI has also secured agreements with various publishers, reports suggest, including the AssociatedRead More →
Meta’s complimentary artificial intelligence (AI) assistant, known as Meta AI, is being introduced across its social media platforms, including WhatsApp, Instagram, Facebook, and Messenger. The assistant is reportedly designed to respond to queries, craft animations, and produce ‘high-quality’ images, according to Meta CEO Mark Zuckerberg in a recent video posting.Read More →
The Generation AI: How the next wave of young innovators will shape the future Artificial intelligence (AI) is not only a technology that is transforming the world, but also a culture that is inspiring the next generation of young innovators. The Generation AI is a term that refers to theRead More →
China has reportedly prohibited the use of U.S. processors from both AMD and Intel in government computers and servers. The directive is designed to encourage the use of domestic alternatives. Chinese government agencies are now required to choose ‘safe and reliable’ domestic alternatives for these chips. The sanctioned list featuresRead More →
Microsoft: Pioneering Supercomputing for the AI future In the ever-evolving landscape of technology, Microsoft stands out as a global supercomputing firm that’s making significant strides in the field of artificial intelligence (AI). With a vision to empower developers and organizations, Microsoft has invested heavily in creating cutting-edge infrastructure that fuels AI researchRead More →
Figure AI is a robotics company that aims to create the first commercially viable humanoid robot. The plan is for the robot to perform various tasks in different industries. Brett Adcock, a former software engineer and entrepreneur, founded the company in 2023. He envisioned a way to enhance the qualityRead More →
Google’s ‘Woke’ AI Problem needs attention In recent days, Google’s artificial intelligence (AI) tool, Gemini, has faced intense criticism online. As the tech giant’s answer to the OpenAI/Microsoft chatbot ChatGPT, Gemini can respond to text queries and even generate images based on prompts. However, its journey has been far from smooth.Read More →
Google on Thursday 22nd February 2024 said it is pausing its Gemini artificial intelligence (AI) image generation feature after saying it offers ‘inaccuracies’ in historical pictures Users had been reporting that the AI tool generated images of historical figures, like the U.S. Founding Fathers as people of colour, calling thisRead More →
The S&P 500 surged to a new all-time high on Thursday 22nd February 2024 Microchip maker Nvidia reported much stronger-than-expected quarterly results, lifting tech sector and markets higher. S&P 500 The S&P 500 gained just over 2% to close at 5087, notching its best day since January 2023. The Nasdaq Composite advanced 2.96% forRead More →
The excitement surrounding artificial intelligence (AI) technology appears to show few signs of abating The technology company at the heart of the AI chip boom reported its Q4 earnings after the stock market’s close on Wednesday 21st February 2024, beating expectations for both earnings and sales. The company’s total revenue is up 265% fromRead More →
The Magnificent Seven, or MAMA ANT, is a term coined by Bank of America to describe the seven most dominant tech companies in the world The Seven are: Microsoft, Amazon, Meta Platforms, Apple, Nvidia, Tesla, and Alphabet. These companies have not only led the tech sector in terms of innovation,Read More →
Most of the world’s largest tech companies, including Microsoft, Amazon and Google have agreed to tackle what they are calling deceptive artificial intelligence (AI) in elections The tech accord The twenty companies have signed an accord committing them to fighting voter-deceiving content. They say they will deploy technology to detectRead More →
It was a good day of earnings for Big Tech companies. Three of the Magnificent 7 results dominated the headlines: Meta, Amazon and Apple. Nasdaq and S&P 500 gained in ‘after the bell’ trading. This after a punishing day for Alphabet and Microsoft, despite good results. Nasdaq 100 closed at: 17344Read More →
U.S. microchip giant Advanced Micro Devices (AMD) is investing in AI PCs to take on the likes of Nvidia and Intel and Arm as the AI race gains momentum. As the AI market expands so too will AI powered personal computer (PC). These are personal computers embedded with processors specifically designed to perform AI functions suchRead More →
That’s reassuring then, and they are creating it Leaders at some of the world’s leading artificial intelligence (AI) companies are expecting a form of AI on a par with, or even exceeding human intelligence to arrive sometime in the near future. But what it will eventually look like and howRead More →
The Nasdaq 100 climbed to a new high of: 17314 on 19th January 2024 The NASDAQ 100 Index is a widely used benchmark for the performance of the technology sector in the U.S. market. It consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. Some ofRead More →
The S&P 500 index reached a new all-time high of 4,839.81 on Friday, January 19, 2024. This was the first time the index closed above its previous high set January 3rd 2022. The rally was driven by strong earnings from the magnificent 7 tech giants such as Nvidia and Microsoft. The expectation ofRead More →
The Magnificent Seven is a term coined to describe the seven most valuable and popularly owned tech companies in the U.S. stock market. It was also a 1960’s movie… The Seven Apple (AAPL) The world’s largest software company, known for its iPhone, iPad, Mac, Apple Watch, AirPods, and other devices, asRead More →
The Nasdaq Composite index reached a new all-time intra-day of 16,764 points on Monday 18th December 2023. This was a remarkable achievement for the index, as it surpassed its previous record of 16,729 points. The Nasdaq Composite index has been on a strong uptrend since March 2020, when it bottomed out at 3,193 points amid the COVID-19Read More →
In 1993, amidst the hustle and bustle of family life and work commitments, I distinctly recall contemplating that should I have any disposable income, I would invest it in these particular stocks. I worked in tech running my own business and Microsoft was one of the businesses I wondered about,Read More →
Epic Games and The Lego Group have teamed up to create a LEGO® Fortnite® Video Game, which was released inside Fortnite 7th December 2023. This new survival game will allow players to explore vast, open worlds where the magic of LEGO building and Fortnite collide. It’s designed for people of all agesRead More →
Water is a precious Earth resource. It is becoming increasingly scarce due to climate change, population growth, pollution and waste. Without water we are nothing. According to some sources, Big Tech and AI are contributing to the water crisis by using large amounts of water to cool their data systems andRead More →
Rockstar Games publishes Grand Theft Auto trailer early after it was leaked on X Take-Two Interactive Software shares fell some 4% in extended trading on Monday 4th December 2023 after the company released its trailer for the next version of the Grand Theft Auto game. GTA is due for release inRead More →
Amazon Web Services (AWS) announced Trainium2, a chip for training artificial intelligence (AI) models, and it will also offer access to Nvidia’s next-generation H200 Tensor Core graphics processing units. Amazon’s AWS cloud department of the encompassing Amazon empire has announced new chips for customers to build and run artificial intelligenceRead More →
Too much power for too few Tech execs have expressed concern that the development of artificial intelligence (AI) is concentrated in the hands of too few companies, potentially giving them too much power. OpenAI’s ChatGPT marked the start of what many in the industry have called an AI arms race,Read More →