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Tag: TECHNOLOGY

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. REUTERS/Dado Ruvic/Illustration

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
The logo of semiconductor company Advanced Micro Devices Inc (AMD) is seen on a graphics processing unit (GPU) chip in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File photo

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
A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake

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
FILE - The Google building is seen in New York, Feb. 26, 2024. Google has fired 28 employees who were involved in protests over the tech company's cloud computing contract with the Israeli government, according to statements from the company and campaigners, Thursday, April 18. (AP Photo/Seth Wenig, File)

Exclusive: Google, augmented reality startup Magic Leap strike partnership deal

Google and Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds.

Read More Exclusive: Google, augmented reality startup Magic Leap strike partnership deal
In this photo provided by the New York Stock Exchange, a trio of specialists work at a post on the floor, Monday, June 13, 2022. (Courtney Crow/New York Stock Exchange via AP)

Wall St slides as rate worries push bond yields higher

Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.

Read More Wall St slides as rate worries push bond yields higher
PwC sign is seen in the lobby of their offices in Barangaroo, Australia June 22, 2023. REUTERS/Lewis Jackson/ file photo

PwC to become OpenAI’s largest enterprise customer amid genAI boom

PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI startup’s chatbot aimed at large companies.

Read More PwC to become OpenAI’s largest enterprise customer amid genAI boom

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