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Intel awarded up to $8.5 billion from CHIPS Act, with loans available

by Adrian Jhonsan
Intel awarded up to .5 billion from CHIPS Act, with loans available

U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. …

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Categories World

Nvidia’s Blackwell AI chip will cost more than $30,000, CEO says

by Ev Richard
Nvidia’s Blackwell AI chip will cost more than ,000, CEO says

Nvidia’s next-generation graphics processor for artificial intelligence, called Blackwell, will cost between $30,000 and $40,000 per unit, CEO Jensen Huang told CNBC’s Jim Cramer. “This will cost $30 to $40 …

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Categories Technology

Apple Patent Shows a More Durable iPhone Camera System

by Jhon Ray
Apple Patent Shows a More Durable iPhone Camera System

A patent Apple filed in September 2022 has just been approved today, and it showcases a system of shock limiters and dampers to improve camera reliability. The patent, number 17/951,676, …

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Categories Comic

Nvidia announces GB200 Blackwell AI chip, launching later this year

by Ev Richard
Nvidia announces GB200 Blackwell AI chip, launching later this year

Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California.  Justin Sullivan | Getty …

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Categories Technology

FTC inquiry into Reddit’s AI data-licensing practices ahead of IPO

by Ev Richard
FTC inquiry into Reddit’s AI data-licensing practices ahead of IPO

Reddit said on Friday that the Federal Trade Commission sent a letter to the company about its data-licensing business related to the training of artificial intelligence systems. “On March 14, …

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Categories Technology

Short sellers pull down U.S. companies to pay for coke

by Ev Richard
Short sellers pull down U.S. companies to pay for coke

Palantir CEO Alex Karp skewered short sellers — investors who bet on the decline in a company’s stock price — in an interview with CNBC on Wednesday. “I love burning …

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Categories Technology

Stripe reveals it passed $1 trillion in total payment volume in 2023

by Ev Richard
Stripe reveals it passed  trillion in total payment volume in 2023

Fintech giant Stripe revealed in its annual letter published on Wednesday that it surpassed $1 trillion in total payment volume in 2023, up 25% from 2022. The milestone, which comes …

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Categories Technology

Apple will allow iPhone app downloads from websites in Europe

by Ev Richard
Apple will allow iPhone app downloads from websites in Europe

IPhone users in the European Union will be able to download apps from websites, instead of through the App Store or a competing app store app, Apple said, in the …

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Categories Technology

Oracle (ORCL) earnings report Q3 2024

by Ev Richard
Oracle (ORCL) earnings report Q3 2024

Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images …

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Categories Technology

Reddit to raise nearly $750 million in upcoming IPO

by Ev Richard
Reddit to raise nearly 0 million in upcoming IPO

In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California.  Mario Tama | Getty Images Reddit …

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Categories Technology
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