Day: February 21, 2024
Nvidia Predicts Ongoing Growth as A.I. Reaches ‘Tipping Point’
The A.I. chip company Nvidia said its revenue surged more than threefold to $22.1 billion in the fourth quarter. The company predicted that profits will continue to rise in the current quarter. Nvidia’s valuation has surpassed $1.7 trillion, making it one of the most valuable companies in the world. Its rapid growth has caused its […]
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Silicon Valley VC Firms Divorcing China: The End of a Lucrative Relationship
DCM Ventures, a prominent venture capital firm in Silicon Valley, extended its investments into China since 1999, resulting in massive returns. In 2021, DCM expressed its plans to expand its strategy of investing in China, the United States, and Japan. Nevertheless, when the firm sought to raise funds for a new start-up focused venture last […]
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Tesla Expansion Voted Down by Germans
Article Title: The Impact of Tesla’s Factory on the Town of Grünheide Tesla’s decision to establish a factory in Grünheide, Brandenburg, and the rapid construction of the facility in 861 days has been a source of local pride. This is significant in a country with stringent permitting processes. The factory has contributed to a 6 […]
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The Chinese A.I. Takeover: Built on U.S. Technology
In November, a year after being released, ChatGPT suddenly became the most outstanding leader that judged the abilities of open-source artificial intelligence systems, leapfrogging by a Chinese startup that was nearly unknown, 01.AI. This Chinese startup, with just eight months of existence and supported by wealthy financiers with a jaw-dropping $1 billion valuation, was founded […]
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Google’s A.I. Chatbot Technology Available for Free
Meta and Google release computer code for chatbots. Last year, Meta was criticised for releasing poorly understood or dangerous technology when it shared raw computer code for building a chatbot. But now, Google has also released the computer code which powers its online chatbot, indicating that sharing A.I. technology is becoming popular among industry counterparts. […]
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