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Wall Street faced its most significant decline in a month on August 31, 2023, primarily driven by substantial losses in major technology stocks, particularly Nvidia. The S&P 500 index fell…
Michael Burry, the investor renowned for his successful short of the US housing market prior to the 2008 financial crisis, has announced the liquidation of his hedge fund, Scion Asset…
Stocks on Wall Street experienced a notable decline on Friday, with major indices moving towards their first weekly loss in four weeks. The S&P 500 fell by 0.8% in afternoon…
Schneider Electric, a global leader in power systems and energy management, is increasingly focusing on digital transformation through its chief digital officer, Peter Weckesser. Weckesser views technologies such as AI,…
URGENT UPDATE: Startups are raising alarms over Amazon’s AI chips, claiming they are falling significantly short of Nvidia’s performance. An internal Amazon document from July 2023 reveals that AI startup…
Oak Ridge National Laboratory (ORNL) has announced a significant partnership with NVIDIA and HPE to enhance quantum computing through the integration of artificial intelligence (AI) and high-performance computing (HPC). This…
BREAKING: President Donald Trump just announced significant restrictions on Nvidia’s sales of advanced AI chips to China. During a 60 Minutes interview aired on CBS on Sunday night, Trump confirmed…
UPDATE: The groundbreaking launch of NVIDIA’s powerful H100 GPU is set to transform computing as we know it. This supercomputer chip, vital for today’s cutting-edge artificial intelligence, will soon take…
In a significant shift, Bausch Health has announced its exit from Medicaid and the federal drug discount program known as 340B. This decision, which took effect on October 1, 2023,…
URGENT UPDATE: NVIDIA Corporation is on the brink of a historic milestone, nearing a $5 trillion market valuation as excitement around artificial intelligence (AI) skyrockets. As of 11:27 UTC, NVIDIA…