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stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology. The company, whose high-bandwidth memory chips (HBM) are used in Nvidia's popular artificial intelligence processors, could potentially add more than $19 billion to its market value.

AI research, development, and deployment can flourish, Vishal Dhupar, managing director, Asia South, Nvidia, tells Surabhi Agarwal. Dhupar believes India is witnessing a growing adoption of accelerated computing infrastructure but needs more investments. To compete effectively in the AI race and become an AI powerhouse, India must invest heavily in building its own computing capabilities, including servers, storage, and networking, he says. Edited Excerpts

For decades, video games have relied on scripted, stilted interactions with non-player characters to help shepherd gamers in their journeys

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Modi's three-day visit to the United States, where he engaged with leaders from US-based companies specializing in cutting-edge technologies, including AI, quantum computing, and semiconductors. Both Pichai and Huang praised Modi's vision for a "Digital India" and his focus on AI's potential to transform various sectors, such as healthcare, education, and agriculture.Speaking after the meeting, Pichai highlighted Modi's commitment to harnessing AI for societal benefits in India.

Amazon Great Indian Festival 2024 to kick off on September 27: Deals on smartphones, wearables, and moreThe MSI Modern 15 is a sleek, lightweight laptop, perfect for everyday use. It features the 13th Gen Intel Core i5-1335U processor with speeds up to 4.6 GHz, ensuring smooth performance. With 16GB DDR4 RAM and a 512GB NVMe SSD, this laptop offers fast multitasking and storage capabilities.

Subscribe to enjoy similar stories. Two years after Chatgpt took the world by storm, generative artificial intelligence seems to have hit a roadblock. The energy costs of building and using bigger models are spiralling, and breakthroughs are getting harder.

Subscribe to enjoy similar stories. Two years after ChatGPT took the world by storm, generative artificial intelligence seems to have hit a roadblock. The energy costs of building and using bigger models are spiralling, and breakthroughs are getting harder.

The Dow Jones Industrial Average closed at another all-time high after recouping its losses from early September

Subscribe to enjoy similar stories. Dell Technologies is sharpening its focus on providing artificial intelligence (AI) and generative AI (GenAI) solutions in India, in alignment with global trends and customer needs.

chipmaker has been hard at work testing the limits of U.S. authority. Semiconductor Manufacturing International Corp., or SMIC, is manufacturing chips with features less than one-15,000th of the thickness of a sheet of paper. The chips pack together enough computing power to create advancements such as artificial intelligence and 5G networks. It's a feat that has been achieved by just a few companies globally — and one that has landed SMIC in the middle of a crucial geopolitical rivalry. U.S. officials say such advanced chip technology is central not just to commercial businesses but also to military superiority. They have been fighting to keep it out of Chinese hands, by barring China from buying both the world's most cutting-edge chips and the machinery to make them.

Subscribe to enjoy similar stories. SINCE ITS founding in 1968 Intel has been synonymous with shrinkage. In its first four decades this was high praise.

OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter, who said its $150 billion valuation will be contingent on whether the ChatGPT-maker can upend its corporate structure and remove a profit cap for investors. The details of the conditions of the $6.5 billion funding, which have not been previously reported, shows how far OpenAI, the most valuable AI startup in the world, has come from a research-based non-profit, and the structural changes it's willing to make to attract ever more investment to fund its expensive pursuit of artificial general intelligence (AGI). The outsized funding round has seen strong investor demand and could be finalized in the next two weeks, given the rapid growth of OpenAI's revenue, sources added.

Top Biden administration officials have discussed the future of artificial intelligence with a group of executives from OpenAI, Nvidia, Microsoft and other companies

Subscribe to enjoy similar stories. In the early hours of Friday, Sam Altman’s OpenAI unveiled a new foundational artificial intelligence model called OpenAI o1.

Subscribe to enjoy similar stories. A United Arab Emirates state-backed company is in talks to invest in OpenAI as part of a multibillion-dollar fundraising round for the startup behind ChatGPT. MGX, which the U.A.E.

Subscribe to enjoy similar stories. “The next industrial revolution has begun." Jensen Huang, chief executive of Nvidia Corp., on the earnings call for the chipmaker’s financial second quarter ended 28 July. A glimpse of this revolution was already visible in Nvidia’s full-year earnings for 2023-24.

recession in the United States, and the Federal Reserve is trying their best to halt it for as long as possible. Reports suggest that they have gone to the extent of planning an interest rate cut of 50 basis points for stopping the impending recession in its tracks. However, there are multiple other market factors in play, which could bring in a recession or an economic downturn, and the upcoming US elections 2024 could also be one of them.

U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of highly influential Big Tech companies

«I mean, for them, for the banking sector, the whole slowdown going towards the recession, if there is one, that is a negative, so that could have played into the banking sector selling off,» says Santosh Rao, Manhattan Venture Partners. More inflation and labour data, I guess that is what investors are bracing for. But how is it that you have read into the inflation print? And does it seem like a September rate cut is pretty much par for the course now? Santosh Rao: Yes, in fact, after today's data 25 basis points is par for the course now. But down the road, there is some chatter that he might continue to cut rates down the road, so maybe two or three, so that is good.

AI is about to make the cloud a lot heavier. Cloud services and private networks for years had to handle relatively limited amounts of data. Now that artificial intelligence and deep learning are driving vast quantities of photos, video, sound and natural language into the mix, however, data that was once counted in gigabytes and terabytes is measured in much larger units of petabytes and exabytes.