Bank of America reviewed 30 AI-focused software stocks, ranking the top 20 for the AI opportunity using factors like quality data and vertical solutions. Nvidia's latest earnings were boosted by demand for its GPU chips used in AI, causing the company's stock to soar over 24%. Investors should analyze potential winners based on factors that lend itself to success within the sector.
AvaWatz, an AI firm specialising in adaptive robotics, has filed a patent application with the USPTO to save time and reduce costs of creating high accuracy machine learning models. Their invention allows users to label, evaluate, and improve their data to enhance the performance of their model. Now they are offering these services to the Artificial Intelligence community. Led by AI expert Dr. Rajini Anachi, they are striving to innovate and create efficient solutions.
Microsoft and AMD are teaming up to develop powerful AI chips that will improve ChatGPT's performance. This collaboration seeks to provide a competitive edge in the AI processing market, increase accuracy and speed of AI processing and provide cloud services to reduce dependence on Intel processors. Hear from the pioneers of technology as Microsoft and AMD join forces to revolutionize the AI industry.
. Advanced Micro Devices (AMD) reported first quarter revenue of $5.35 billion, a 9% decline from a year ago due to the global slowdown in the client PC market. CEO Lisa Su is confident this downturn will turn around in the second half of the year and she reports that the client market will improve, as China shows signs of recovery. For the first quarter, AMD's earnings per share exceeded analyst expectations, and the company expects second quarter revenue of $5.3 billion. AMD's key segments, including gaming and the data center, experienced a mix of growths and declines, with the client market taking the biggest hit. Nonetheless, CEO Su looks to the future with optimism, expecting an increase in demand for AI processing chips.
This week, a ransomware attack on the Minneapolis school district had devastating consequences for students, and security leaders and researchers unveiled breakthroughs in security - from blocking Iranian election hacking to protecting against deepfakes. Discover the initiatives put forth to protect children against exploitation and what companies are doing to be more transparent and accountable. Read on to learn more about the measures being taken to build a secure, safe digital future.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?