Oracle stock purchase rights of $205 million are granted by Hewlett Packard
As a sales incentive linked to Oracle's purchase of HPE networking equipment for artificial intelligence data centers. Hewlett Packard Enterprise...
AI
OpenAI asserts that the trade secrets controversy is entirely Apple’s fault
OpenAI denied Apple's charges of stealing trade secrets, claiming the iPhone manufacturer was unable to provide evidence that its former...
For $285 million, GoPro sells Starman the majority of its shares
A little-known optical components manufacturer is acquiring GoPro for $285 million in cash. A deal that would allow the action-camera...
Nvidia predicts a 70% increase in sales the following year, suggesting that the spike in AI expenditures will continue
Nvidia announced Wednesday that it expects a 70% increase in revenue for the next fiscal year, highlighting strong demand for...
Databricks reaches $190 billion valuation after raising $5 billion in financing
Databricks announced Thursday that it had raised $5 billion at a valuation of $190 billion, as the data and artificial...
Nvidia Teams Up with Wall Street Giants to Raise $500 Billion
Nvidia announced that it has partnered with six major financial institutions to launch computing financing platforms. With the goal of...
American Media Organizations Request Court Sanctions for Copyright Violations at OpenAI
In the midst of a protracted legal battle over ChatGPT's purported exploitation of news items. A collection of American media...
Microsoft will eliminate 4,800 positions as AI grow
As the Windows developer makes large investments in AI infrastructure and uses the technology to increase efficiency across its business...
Samsung’s profits are expected to grow 18-fold due to strong demand for memory from AI
As the AI boom continues to pressure memory supply and drive up chip prices, Samsung Electronics. Operational profit is expected...
OpenAI suggests giving the US government a 5% share
According to the Financial Times, OpenAI is in negotiations to perhaps give the Trump administration a 5% share in the...
