Nvidia notched a market capitalization of $4 trillion, making it the first public company to solidify its position as one of Wall Street’s most-favored stocks.
Read More Nvidia clinches historic $4 trillion market value on AI dominance
Tag: microsoft
Nvidia set to become world’s most valuable company in history
Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in history
Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets
Microsoft sued by authors over use of books in AI training
Microsoft has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model.
Read More Microsoft sued by authors over use of books in AI training
Tesla shares soar after first robotaxi rides hit the road in Austin, Texas
The automaker deployed a small fleet of self-driving taxis in Austin, Texas, marking the first time its cars have carried paying passengers without human drivers.
Read More Tesla shares soar after first robotaxi rides hit the road in Austin, Texas
OpenAI to continue working with Scale AI after Meta deal
OpenAI plans to continue working with Scale AI after rival Meta agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion
Read More OpenAI to continue working with Scale AI after Meta deal