On Thursday, Valeo filed a trade secret theft lawsuit against Nvidia after a video call error indicated stolen data. In March 2022, the two companies held a Microsoft Teams meeting to discuss a joint project they were working on. When it was Nvidia senior staff member Mohammad Moniruzzaman’s turn to speak, he shared his screen …
Nvidia Sued by Valeo After Footage of Stolen Data Read More »
On Thursday, Chinese property stocks surged amid a drop in local markets, driven by hints of additional policy support for the country’s struggling sector. Shenzhen tech hub authorities have cut second-home down payments to potentially boost sales during a severe buyer decline. Shenzhen was the second major city to take such an action following a …
Chinese Property Stocks Gain Further on More Stimulus Hopes Read More »
On Wednesday, OpenAI announced that Sam Altman will return as CEO as the board members who fired him stepped down. Altman’s return as the company’s Chief Executive Officer (CEO) added another episode to the OpenAI issue that started with his abrupt firing. On Friday, Chief Scientist Ilya Sutskever and the three outside board members booted …
OpenAI Rehires Sam Altman, Fires Remaining Board Members Read More »
Negotiations on whether Sam Altman will return as the Chief Executive Officer (CEO) of OpenAI are set to end on Monday, 8:00 PM EST. OpenAI’s board surprised investors on Friday when they fired Altman without prior notice to stakeholders. In their official public announcement, the board cited Altman’s consistent communication lapse as the reason for …
OpenAI Jolts with Firing and Likely Return of CEO Sam Altman Read More »
Alibaba’s stock tumbled as it shifted its cloud business spin-off due to US semiconductor export restrictions affecting artificial intelligence (AI) applications in China. On Friday, Alibaba Group closed trading in the US lowered by 9.14% to $79.11 while dropping by 9.83% to HKS73.35 in Hong Kong’s session. In over a year, Alibaba’s most significant one-day …
Alibaba Stocks Dips amid Cloud Unit Spin-Off, US Export Curbs Read More »
Social media giant Meta introduced its latest progress to Emu artificial intelligence (AI)-based tools for Facebook and Instagram users. Meta unveiled its two AI-powered generative models for video generation and image editing tools. Emu Video features the older model for image and text-based video creation, while Emu Edit specializes in precise photo editing. However, the …
On Thursday, Netflix Inc. shares rallied for three consecutive days amid a bullish stock market trend. Netflix’s shares closed Wednesday session 2.96% higher at $461.94 and increased by 0.07% to $462.94 in after-hours trading. Despite being $23.06 below their 52-week peak on July 19th, the streaming giant’s shares experienced an upward trend. Moreover, reports show …
US’s Nvidia has introduced the H200, a specialized graphics processor unit (GPU) for training artificial intelligence (AI) models driving generative AI advancements. The new chip is an enhanced version of the H100, the GPU responsible for training OpenAI’s GPT-4, its top large language model (LLM). A limited supply of the chips has interested major firms, …
Nvidia Launches Top-of-the-Line Chip for Training AI Models Read More »
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