First AI Summit to be Held in Britain at the Historic Home of World War II Codebreakers

First AI Summit to be Held in Britain at the Historic Home of World War II Codebreakers

The world’s inaugural artificial intelligence safety summit will be held in Bletchley Park, an iconic location known as the site where codebreakers deciphered the code that brought an end to World War II. In a press release on Thursday, the U.K. government announced its intention to convene international governments, leading AI firms, and research experts …

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Naver from South Korea Introduces Generative AI Services to Rival ChatGPT

Naver from South Korea Introduces Generative AI Services to Rival ChatGPT

South Korean internet giant Naver has unveiled its own generative artificial intelligence tool, HyperClova X, to compete with OpenAI’s ChatGPT. Naver, known as the Google of South Korea, aims to improve search, marketing, and shopping experiences with HyperClova X. The tool powers new applications like Cue, a generative AI search service, and Clova X, a …

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Ride-hailing Unit of Grab Expected to Reach Pre-Covid Levels by End of 2023

Ride-hailing Unit of Grab Expected to Reach Pre-Covid Levels by End of 2023

Signages at the Grab Holdings Ltd. headquarters in Singapore, on Sunday, Aug. 20, 2023. Grab released earnings results on Aug. 23. Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying | Bloomberg | Getty Images Singapore-based Grab said on Wednesday that its ride-hailing unit is expected to reach pre-Covid levels by the end of this year. …

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Asian semiconductor stocks experience significant growth following Nvidia earnings

Asian semiconductor stocks experience significant growth following Nvidia earnings

An aerial photograph showcases the Nanjing factory of Taiwan Semiconductor Manufacturing Company (TSMC) in Jiangsu province on August 1, 2023. Image Source: Costfoto | Nurphoto | Getty Images Shares of semiconductor-related stocks in Asia experienced a significant surge following the release of chipmaker Nvidia’s second-quarter results, which exceeded expectations. Nvidia also provided an optimistic outlook …

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Chandrayaan-3 Moon Landing in India Achieves Success with Cost Savings

Chandrayaan-3 Moon Landing in India Achieves Success with Cost Savings

The shadow of the Chandrayaan-3 spacecraft is seen on the moon’s surface. ISRO The list is grim reading: Stuck, failed, missed, failed, failed, stuck, failed, crashed, missed, crashed, crashed. Those were the fate of the Soviet Union’s first 11 attempts before successfully landing a spacecraft on the moon, according to a database compiled by Jonathan …

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Nvidia’s Stellar Earnings Report Reveals Dominance in AI Market, Raking in Massive Profits

Nvidia’s Stellar Earnings Report Reveals Dominance in AI Market, Raking in Massive Profits

Nvidia, the leading graphics processor manufacturer, is experiencing unprecedented success with no signs of slowing down. This article explores the reasons behind Nvidia’s soaring popularity and the impressive financial growth it has achieved. The demand for Nvidia’s highest-end AI chip, the H100, is currently surging among tech companies seeking to develop artificial intelligence applications like …

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Q2 2024 Earnings Report of Nvidia Corporation (NVDA)

Q2 2024 Earnings Report of Nvidia Corporation (NVDA)

Nvidia founder, President, and CEO Jen-Hsun Huang led the charge as the company’s shares soared 8% in after-hours trading on Wednesday. The chipmaker exceeded expectations for the second quarter and provided an optimistic outlook for the current period. In terms of earnings, Nvidia reported adjusted earnings of $2.70 per share, surpassing the estimated $2.09 per …

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