Apple shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion.
Read More AI-powered Apple overtakes Microsoft as world’s most valuable company
Tag: Artificial Intelligence
Wall St unsettled ahead of inflation data, Fed meeting
Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meeting
US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
Yellen to warn of ‘significant risks’ from use of AI in finance
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
Read More Yellen to warn of ‘significant risks’ from use of AI in finance
AMD launches new AI chips to take on leader Nvidia
AMD unveiled its latest artificial intelligence processors and detailed its plan to develop AI chips in a bid to challenge industry leader Nvidia.
Read More AMD launches new AI chips to take on leader Nvidia
Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.
Read More Nvidia set to overtake Apple as world’s second-most valuable company