Uncategorized – Page 172 – I wish I had more to offer

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Abu Dhabi makes its Falcon 40B AI model open source The emirate of Abu Dhabi is making a large-scale artificial intelligence model, “Falcon 40B”, available open source for research and commercial use, the government’s Advanced Technology Research Council (ATRC) said on Thursday. Go to Source

Nvidia close to becoming first trillion-dollar chip firm after stellar forecast

May 25 (Reuters) – For Nvidia Corp (NVDA.O), the boom in generative artificial intelligence (AI) is everything, everywhere, all at once. The chip designer’s shares extended their rally this year on Thursday, soaring 25% after a stellar forecast showed that Wall Street has yet to price in the AI potential of the company that has… Continue reading Nvidia close to becoming first trillion-dollar chip firm after stellar forecast

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DUBAI, May 25 (Reuters) – A U.S. government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The U.S. government could fall behind on its bills next month – and even default on its debt – if Congress does not… Continue reading Untitled

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May 25 (Reuters) – Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit’s proposal as the winning bid to manage a new entity to be owned by its creditors, directing itself out of bankruptcy. Fahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team… Continue reading Untitled

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May 24 (Reuters) – Nvidia Corp (NVDA.O) on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it is boosting supply to meet surging demand for its artificial-intelligence chips, which are used to power ChatGPT and many similar services. Shares of Nvidia, the world’s most valuable listed semiconductor company, rocketed as… Continue reading Untitled

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Stellantis may limit some gas-powered vehicles in states adopting California emissions rules

WASHINGTON, May 24 (Reuters) – Chrysler-parent Stellantis (STLAM.MI) said on Wednesday it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California’s strict emissions rules. In a communication to dealers seen by Reuters, the company said to meet the California emissions rules “we may be compelled to allocate fewer conventional gasoline… Continue reading Stellantis may limit some gas-powered vehicles in states adopting California emissions rules

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NEW YORK, May 24 (Reuters) – Meta Platforms Inc (META.O) started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a plan announced in March to eliminate 10,000 roles. Meta in March became the first Big Tech company to announce… Continue reading Untitled

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BEIJING, May 24 (Reuters) – In the years before China declared U.S. firm Micron Technology’s (MU.O) products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed. A Reuters review of over a hundred public government tenders found that while previously Chinese… Continue reading Untitled