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Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

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A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Justin Sullivan | Getty Images News | Getty...
Shopping

‘AI shopping list’: Morgan Stanley names its top global picks to play the AI theme

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The buzz around artificial intelligence may have quietened after a volatile week for some of the sector's biggest names, but Morgan Stanley continues to...
Bussiness

AMD says data center sales more than doubled in a year

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Lisa Su at the Keynote: Lisa Su in Conversation with Ryan Patel as part of SXSW 2024 Conference and Festivals held at the Austin...
Jobs

Apple says its AI models were trained on Google’s custom chips

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Sundar Pichai and Tim CookSource: Reuters; AppleApple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on...
Tech

S&P 500, Nasdaq close lower Thursday as tech comeback attempt falters: Live updates

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Traders work on the floor of the New York Stock Exchange on July 24, 2024.Spencer Platt | Getty ImagesThe S&P 500 and Nasdaq Composite...
Bussiness

S&P 500, Nasdaq tumble for worst day since 2022 as Tesla, Alphabet slide after quarterly results: Live updates

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Traders work on the floor of the New York Stock Exchange on June 24, 2024.Brendan McDermid | ReutersStocks sold off Wednesday, weighed down by...
Tech

S&P 500 falls from record as investors rotate out of 2024 tech winners: Live updates

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Traders work on the floor of the New York Stock Exchange on July 11, 2024.Spencer Platt | Getty ImagesThe S&P 500 retreated from a...
Infra

TSMC Sales Surge Past Expectations on AI Infrastructure Boom

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(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s second-quarter sales grew at their fastest pace since 2022, buoyed by the AI boom that’s fueling data center...
Jobs

Aidan Gomez helped invent the transformer at Google. At Cohere, he’s now taking AI to businesses

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Aidan Gomez was an intern at Google Brain in 2017, when he helped co-author the "Attention Is All You Need" paper that conceptualized the...
Bussiness

Nvidia slides 13% in three days after briefly becoming most valuable company

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Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersSince briefly becoming...
Bussiness

5 things to know before the stock market opens Thursday

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Here are five key things investors need to know to start the trading day:1. Hot streakThe S&P 500 spun up another record on Tuesday...
Bussiness

Nvidia passes Microsoft in market cap to become most valuable public company

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Nvidia CEO Jensen Huang attends an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | ReutersNvidia, long known in the niche...
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