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Shares of Nvidia and other technology heavyweights fell late on Wednesday, a discouraging sign for investors betting that a strong forecast from the dominant seller of AI chips would fuel fresh gains in Wall Street’s most valuable companies. Nasdaq futures fell about one percent following Nvidia’s quarterly earnings report, suggesting traders expect tech stocks to lose ground on Thursday. Nvidia dropped almost seven percent and lost
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Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommunications subsidiary Jio, and more.
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OpenAI is reportedly working on a new artificial intelligence (AI) model that could offer significant upgrades in terms of mathematics and reasoning capabilities of its proprietary chatbot, ChatGPT. The purported AI model is said to have been in the works for several months, but the company was being secretive about it. The existence of the
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Pavel Durov, the Russian-born billionaire founder and owner of the Telegram messaging app, was arrested at Le Bourget airport outside Paris shortly after landing on a private jet late on Saturday and placed in custody, three sources told Reuters. The arrest of the 39-year-old technology billionaire prompted on Sunday a warning from Moscow to Paris
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Microsoft released the family of Phi-3.5 artificial intelligence (AI) models on Tuesday, as the successor of the Phi-3 models introduced in April. The new release comprises Phi-3.5 Mixture of Experts (MoE), Phi-3.5 Vision, and Phi-3.5 Mini models. These are instruct models, so they will not work as a typical conversational AI but will require users
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Reliance Jio has launched exclusive country-specific international roaming (IR) packs for popular travel destinations such as Canada, Europe, Thailand, and the United Arab Emirates (UAE). These IR recharge plans come with multiple validity options, offering users choices for up to 30 days. Additionally, the telecommunications provider also claims to bundle free in-flight benefits with its
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D-ID, the Tel Aviv-based artificial intelligence (AI) startup, launched an AI-powered video translation tool in beta on Wednesday. Dubbed Video Translate, the tool can generate translated videos that mimic the voice of the original speaker and sync the lip movement to match the words. The feature is currently accessible to the subscribers of the platform,
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SpaceX has marked a significant milestone by launching 22 new Starlink satellites into orbit, greatly expanding its global satellite network. The launch occurred on Tuesday, August 20, 2024, at 9:20 a.m. EDT (1320 GMT) from Cape Canaveral Space Force Station in Florida. This mission was remarkable not only for boosting SpaceX’s Starlink megaconstellation but also
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