Nvidia Rides Wave of AI Interest , to Overcome Apple as the, Second-Most Valuable Company.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
'The Independent' reports that Nvidia has overtaken
Apple as the world's second-most valuable company,
with an estimated value of over $3 trillion.
The chipmaker has seen share values skyrocket
amid speculation about artificial intelligence, which
is powered by chips like those produced by Nvidia.
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple.
.
The growing interest in AI has made Nvidia
the biggest company in Silicon Valley,
allowing it to unseat Apple.
.
Meanwhile, the iPhone maker has seen
its own value fall amid concerns such as
dwindling sales in the Chinese market.
Nvidia now has plans to split its stock
ten-for-one on June 7, a decision that has
the potential to attract more individual investors.
Nvidia is making money on AI
right now, and companies like Apple
and Meta are spending on AI, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
It may be a foregone conclusion
that Nvidia will overtake Microsoft
as well.
There’s a lot of retail money
that’s piling in on what they
see as a straight shot up, Jake Dollarhide, chief executive officer at
Longbow Asset Management, via 'The Guardian'.
So far in 2024, Nvidia has seen its stock surge 147%,
rallying nearly 30% since May alone when
the company released its latest revenue forecast.
On June 5, the chipmaker added almost
$150 billion in market capitalization,
which is more than AT&T's total value.
The same interest in AI also drove a general rally
for AI chip stocks, with PHLX chip index rising
4.5% and Super Micro Computer climbing 4%
Amazon Reaches $2 Trillion , in Stock Market Value.
On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .
Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .
Within the past year,
Amazon's stock has gained 52%.
Part of that gain can be attributed
to investors' enthusiasm about the
company's AI endeavors, NPR reports. .
A big part of the valuation boost has
been cloud and AI. Amazon is going to
be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .
Amazon CEO Andy Jassy recently said that
AI has rejuvenated the growth of AWS.
The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.
Amazon recently invested in Anthropic, a California
AI company, "to develop so-called foundation models
that underpin generative AI systems," NPR reports. .
Amazon also makes its own AI chips.
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia. .
The other four U.S. companies that
belong to the $2 trillion club are
Google, Microsoft, Apple and Nvidia.
Credit: Wibbitz Top Stories Duration: 01:30Published
Intel Reveals , New AI Chips.
On June 4, Intel announced its new
Xeon 6 processor, CNBC reports. .
The new AI chips will help to
provide better performance and more efficient power for data centers.
The announcement follows similar
launches from rivals Nvidia and AMD.
The announcement follows similar
launches from rivals Nvidia and AMD.
Intel launched its 5th Gen Intel Xeon processors just six months ago.
In April, the company
unveiled the Gaudi 3 processor.
Customers are looking for high
performance, cost-effective gen AI
training and inferencing solutions.
And they’ve started to turn
to alternatives like Gaudi. , Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
They want choice. They want
open software and hardware
solutions and time to market
solutions at dramatically lower
TCOs [total cost of ownership], Patrick Gelsinger, chief executive officer of Intel Corp., via statement.
Intel plans "to continue to grow the AI PC category" with its Lunar Lake chips, which
are scheduled to ship in Q3 2024.
Intel, which recorded a $7 billion operating loss in 2023, is attempting to catch up to
its rivals amid the ongoing AI frenzy.
While Intel has been struggling, it differs from Nvidia and AMD because it manufactures chips in addition to designing them.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance.
Additionally, Intel received $20 billion in funding from the CHIPS and Science Act
which could help the company to advance
Credit: Wibbitz Top Stories Duration: 01:31Published
Nvidia Looks to , Accelerate Production , With New Packaging Technology.
Yahoo Finance reports that Nvidia Corp has announced
plans to use Fan-Out Panel Level Packaging (FOPLP)
technology to package its GB200 AI server chips.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
The change was reportedly made to address production constraints
on the currently used Chip on Wafer Substrate (CoWoS) packaging
used at the Taiwan Semiconductor Manufacturing Company.
According to industry experts, FOPLP
could be a viable alternative to CoWoS
amid the increasing demand for AI chips. .
Analysts consider Nvidia the premier accelerated
compute and generative AI supplier, backed
by production plans with Blackwell Chip. .
Over the past year, stock in
Nvidia has gained over 184%. .
On May 29, shares in Nvidia were up
0.89% at $1,149.10 in premarket trading. .
Yahoo Finance reports that a growing
number of packaging companies are
getting ready to offer FOPLP services. .
Yole Group has predicted that
its market share will increase
from 2% in 2022 to 8% by the year 2028.
The gains are expected to primarily
be driven by higher yields and
increasing cost efficiency.
Experts point out that while FOPLPs could reduce cost
and expand capacity, they have weaker technical
specifications compared to the current CoWoS standard
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Uses AI to Add , Over 100 New Languages to Translate.
Google Translate continues to get better,
as the company has used AI to add 110 new languages to the feature, Engadget reports. .
According to Google, the new languages represent over 600 million speakers,
or 8% of the worldwide population. .
Google referenced its LLM, PaLM 2, as "a key piece to the puzzle, helping Translate more efficiently learn languages that are closely related to each other," .
... "including languages close to Hindi, like Awadhi and Marwadi, and French creoles like Seychellois Creole and Mauritian Creole.".
Isaac Caswell, senior software
engineer for Google Translate, issued
a statement about the development.
As technology advances, and as
we continue to partner with expert
linguists and native speakers, we'll
support even more language varieties
and spelling conventions over time, Isaac Caswell, senior software engineer
for Google Translate, via Engadget.
The last time Translate had a sizeable number of languages added to it was in May of 2022.
At the time, the company utilized the help of Zero-Shot Machine Translation, which
"allows a model to learn a new language" without viewing examples, Engadget reports. .
Later in 2022, Google announced its
1,000 Languages Initiative.
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world. .
The Initiative seeks to develop AI models that can learn the 1,000 most common languages spoken around the world.
Credit: Wibbitz Top Stories Duration: 01:31Published
Many people are falling victim to the explosion of AI videos, where their images are used - without consent - to create content sometimes with dubious motives.
#AIVideo #PrivacyConcerns #AIAbuse #Deepfakes #ImageConsent #AIethics #DigitalRights #CyberSecurity #TechRegulation #AIPrivacy #AIManipulation #IdentityTheft #DeepfakeThreat #OnlineSafety #DataProtection
~HT.178~PR.152~ED.194~
High tech farms are no longer unusual in Singapore. In fact they have been sprouting up like mushrooms over the past five years. While many of the innovative farms in the city state still have to become profitable, a vertical shrimp farm has achieved price parity with coastal aquaculture ponds in Indonesia or Vietnam. This is thanks to an AI operated system which controls day to day operations.
#HighTechFarming #SingaporeAgriculture #VerticalFarming #ShrimpFarming #AIFarming #InnovativeAgriculture #UrbanFarming #SustainableFarming #AgriTech #AIinAgriculture #Aquaculture #FoodTech #SmartFarming #AIControlled #TechInnovation
~PR.152~ED.194~GR.125~
Researchers Use Machine Learning , to Understand How , Elephants Communicate.
'BGR' reports that communication
among elephants may be more complex
than scientists previously believed.
New evidence suggests that elephants
possess unique names which are
used to address specific elephants.
The study, made possible with the help
of machine learning, was published in
the journal 'Nature Ecology and Evolution.'.
Machine learning was used to help researchers
analyze hundreds of wild elephant calls,
searching for three specific "rumbles.".
These rumbles, which include a greeting, a caregiving
gesture and a contact calling sound, are the primary
form of communication used among elephants.
Other animals are known to refer to their peers
by name. Both dolphins and parrots address
each other by mimicking the receiver's voice.
Other animals are known to refer to their peers
by name. Both dolphins and parrots address
each other by mimicking the receiver's voice.
Elephants, on the other hand, use a more
abstract approach which is more closely
related to the way humans communicate.
Researchers believe the findings could
suggest that elephants are capable of abstract
thought, which would make them much
more intelligent than previously believed.
It remains unclear whether each individual
elephant has its own unique name, or if
they somehow share names or titles.
'BGR' reports that AI has proven very helpful in working
to decode nature's mysteries. Another study used AI
to begin unraveling the secret language of dogs. .
'BGR' reports that AI has proven very helpful in working
to decode nature's mysteries. Another study used AI
to begin unraveling the secret language of dogs.
Credit: Wibbitz Top Stories Duration: 01:31Published
We now know when the innies of 'Severance' will return to the office. Apple just revealed that season two of the workplace thriller will premiere on January 17th, 2025. The 10-episode season will be released weekly through March 21st, 2025. Along with the date announcement, the streamer shared a short teaser for the new season.
Credit: The Hollywood Reporter Duration: 01:09Published
ISS Crew Forced to , Take Shelter , After Russian Satellite Breaks Apart.
'The Independent' reports that astronauts aboard the
International Space Station (ISS) took shelter due to
the danger of debris from a broken up Russian satellite.
Crews aboard the ISS were ordered to board
their respective spacecraft in case debris
struck and damaged the orbital laboratory.
According to experts, the ever-increasing number of
satellites in orbit around Earth has magnified the risk of
collision and other potential problems for space crews.
It remains unclear what caused
the RESURS-P1 Russian Earth
Observation satellite to break apart. .
According to NASA's Space Station office, the event
occurred near the space station, prompting astronauts
to take shelter in their spacecraft for about an hour. .
Mission Control continued to monitor the path of the debris, and after about an hour, the crew was cleared to exit their spacecraft and the station resumed normal operations, NASA statement, via X.
Space-tracking firm LeoLabs said that U.S. radar
detected the decommissioned satellite releasing a
cloud of debris in low-Earth orbit late on June 26. .
Shortly after 9 p.m. EDT, NASA
instructed crews aboard the space
station to shelter in their respective
spacecraft as a standard precautionary
measure after it was informed
of a satellite break-up at an
altitude near the station, NASA statement, via X.
According to U.S. Space Command, the Russian satellite created , "over 100 pieces of trackable debris.".
USSPACECOM has observed no
immediate threats and is continuing
to conduct routine conjunction
assessments to support the safety
and sustainability of the space domain, U.S. Space Command statement, via 'The Independent'
Credit: Wibbitz Top Stories Duration: 01:31Published
Taylor Swift Addresses Dave Grohl’s Claim , That She Doesn’t Play Live.
Taylor Swift Addresses Dave Grohl’s Claim , That She Doesn’t Play Live.
On June 22, Grohl referred to the
Foo Fighters' show in London as the
"Errors Tour," according to 'The Independent.'.
His comment stemmed from having a
"few more eras and more than a few f------ errors.”.
The 55-year-old frontman went
on to say, “we actually play live.”.
Swifties took to social media
to slam Grohl's comments.
Oh Tayvoodoo is coming for him and he
deserves it. Can’t handle that a woman
is more talented and successful, Taylor Swift fan, via X.
Wow Grohl so washed he has to
use Taylor’s name for free pr?
Embarrassing thought he was
better than that what a shame, Taylor Swift fan, via X.
On June 23, Swift seemed to address Grohl's comments on stage while performing at Wembley. .
She said that her band
deserves "so much" praise.
What you just did is an unforgettable moment
in not just my life, but every very single one of
our crew. The band that’s going to be playing
live for you for three and a half hours tonight, Taylor Swift, via 'The Independent'.
They deserve this so much and so does every
one of my fellow performers, and you just gave
that to us so generously. We’ll never forget it, Taylor Swift, via 'The Independent'
Credit: Wibbitz Top Stories Duration: 01:31Published
Julian Assange , Reaches Plea Deal With , US Government.
'The Independent' reports that Wikileaks
founder Julian Assange has been released
from Belmarsh prison as part of a plea deal
with the United States Justice Department.
Assange will be flown out of the U.K. as part
of the deal before he makes a guilty plea deal
that could end the years-long legal battle.
On June 24, Assange boarded a flight at Stansted airport
ahead of a scheduled appearance later this week in the
Mariana Islands, a Western Pacific U.S. commonwealth.
The U.S. government has charged the
Wikileaks founder with conspiracy to obtain
and disclose national defense secrets.
The charges stem from one of the largest leaks of
classified information in U.S. history, disclosing tens of
thousands of reports regarding the war in Afghanistan.
The disclosure, which occurred between 2009 and
2011, included unfiltered diplomatic cables that
potentially endangered the safety of confidential sources. .
The leak also included significant
activity reports related to the war in Iraq
and information regarding Guantanamo Bay.
According to the latest DOJ filing, Assange is expected
to plead guilty and be sentenced to 62 months of time
already served, thus avoiding U.S. imprisonment. .
This is the result of a global campaign
that spanned grass-roots organizers,
press freedom campaigners,
legislators and leaders from
across the political spectrum,
all the way to the United Nations, Wikileaks statement, via X.
After more than five years in
a 2x3 metre cell, isolated 23 hours
a day, he will soon reunite with his
wife Stella Assange, and their children,
who have only known their
father from behind bars, Wikileaks statement, via X
Credit: Wibbitz Top Stories Duration: 01:31Published
Important Things to Know , About Dangerous Ocean, Rip Currents.
'The Independent' reports that rip currents pose
the greatest danger to beachgoers,
accounting for the most beach rescues every year. .
Over a recent two-day period in Florida,
six people drowned in rip currents.
Every year, about 100 people drown
because of rip currents in the United States
according to the U.S. Lifesaving Association.
Over 80% of beach rescues
involve rip currents every year.
So far in 2024, the National
Weather Service has listed 16 deaths
from rip currents in U.S. waters. .
A rip current is a narrow column of water that
flows rapidly away from the beach, which are capable
of pulling swimmers a fair distance from the shore.
Rip currents normally form
at low spots along the beach
or along jetties and piers.
While sometimes associated
with stormy weather, they can
also occur on sunny, clear days.
Rip currents are also difficult to
detect as the surface water near
them often appears to be calm. .
'The Independent' reports that the best advice to escape a
rip current is to try and swim parallel to the shore and not
to tire yourself out before having to swim back to land. .
'The Independent' reports that the best advice to escape a
rip current is to try and swim parallel to the shore and not
to tire yourself out before having to swim back to land.
Credit: Wibbitz Top Stories Duration: 01:31Published
FAA Investigating Southwest-Operated, Boeing 737 , That Flew Dangerously Low.
'The Independent' reports that a Southwest Airlines
passenger jet flew extremely low over a suburb of
Oklahoma City, triggering an altitude alert on June 19.
According to Flightradar24, the Boeing 737-800
descended to just 525 feet above the ground
on its way to Will Rogers World Airport.
Approximately nine miles from the airport,
the plane was passing over Yukon when it triggered
an automated warning around 12:05 a.m. local time. .
Altitude alerts are triggered when an aircraft
descends to within an unsafe distance
to terrain, obstructions or other aircraft. .
'The Independent' reports that the pilots quickly
regained altitude and circled around for a safe
landing on another runway shortly after midnight.
The incident, which sparked concern
in communities it passed over,
is now being investigated. .
On June 20, Southwest Airlines
confirmed that it was in contact
with the FAA regarding the situation.
Southwest is following
its robust Safety
Management System
and is in contact with the
Federal Aviation Administration.., Southwest spokesperson, via 'The Independent'.
... to understand and address any
irregularities with the aircraft’s
approach to the airport. , Southwest spokesperson, via 'The Independent'.
Nothing is more important
to Southwest than the safety
of our customers and employees, Southwest spokesperson, via 'The Independent'
Credit: Wibbitz Top Stories Duration: 01:31Published
Nvidia's market value has surged past $3tn (ÂŁ2.3tn),lifting the chip giant ahead of Apple to become thesecond most valuable publicly listed company in the world.
![Amazon Reaches $2 Trillion in Stock Market Value [Video]](https://video.newsserve.net/300/v/20240627/1379785948-Amazon-Reaches-Trillion-in-Stock-Market-Value.jpg)
![Intel Reveals New AI Chips [Video]](https://video.newsserve.net/300/v/20240604/1377402622-Intel-Reveals-New-AI-Chips.jpg)
![Nvidia Looks to Accelerate Production With New Packaging Tech [Video]](https://video.newsserve.net/300/v/20240529/1376832986-Nvidia-Looks-to-Accelerate-Production-With-New-Packaging.jpg)
![Google Uses AI to Add Over 100 New Languages to Translate [Video]](https://video.newsserve.net/300/v/20240628/1379902504-Google-Uses-AI-to-Add-Over-100-New.jpg)
![AI Video Explosion: Unauthorised Use of Personal Images Raises Privacy Concerns [Video]](https://video.newsserve.net/300/v/20240625/1379579630-AI-Video-Explosion-Unauthorised-Use-of-Personal-Images.jpg)
![AI-Driven Vertical Shrimp Farm in Singapore Achieves Cost Parity with Coastal Ponds [Video]](https://video.newsserve.net/300/v/20240625/1379579956-AI-Driven-Vertical-Shrimp-Farm-in-Singapore-Achieves.jpg)
![Researchers Use Machine Learning to Understand How Elephants Communicate [Video]](https://video.newsserve.net/300/v/20240624/1379456104-Researchers-Use-Machine-Learning-to-Understand-How-Elephants.jpg)
![Apple opening up access to payments on iPhones solves EU competition concerns [Video]](https://video.newsserve.net/300/v/20240712/1381404504-Apple-opening-up-access-to-payments-on-iPhones.jpg)
!['Severance' Season 2 Unveils 2025 Release Date | THR News Video [Video]](https://video.newsserve.net/300/v/20240710/1381232222-Severance-Season-Unveils-2025-Release-Date.jpg)
![ISS Crew Forced to Take Shelter After Russian Satellite Breaks Apart [Video]](https://video.newsserve.net/300/v/20240627/1379791968-ISS-Crew-Forced-to-Take-Shelter-After-Russian.jpg)
![Taylor Swift Addresses Dave Grohl’s Claim That She Doesn’t Play Live [Video]](https://video.newsserve.net/300/v/20240625/1379584242-Taylor-Swift-Addresses-Dave-Grohl-Claim-That.jpg)
![Julian Assange Reaches Plea Deal With US Government [Video]](https://video.newsserve.net/300/v/20240625/1379584358-Julian-Assange-Reaches-Plea-Deal-With-US-Government.jpg)
![Important Things to Know About Dangerous Ocean Rip Currents [Video]](https://video.newsserve.net/300/v/20240624/1379502438-Important-Things-to-Know-About-Dangerous-Ocean-Rip.jpg)
![FAA Investigating Southwest-Operated Boeing 737 That Flew Dangerously Low [Video]](https://video.newsserve.net/300/v/20240621/1379216882-FAA-Investigating-Southwest-Operated-Boeing-737-That-Flew.jpg)
![Tech giant Nvidia's value overtakes Apple BBC News [Video]](https://video.newsserve.net/300/v/20240606/1717714849-Tech-giant-Nvidia-apos-value-overtakes-Apple.jpg)
