Report: FTC Antitrust Lawsuit Against Amazon Imminent

Amazon CEO Andy Jassy delivered a speech at the GeekWire Summit in Seattle on October 5, 2021. The anticipation of an antitrust lawsuit against Amazon by the Federal Trade Commission (FTC) has been growing, as reported by Bloomberg on Thursday. The focus of the complaint is expected to be Amazon’s online marketplace and how the …

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Nvidia diminishes potential impact of U.S. chip export restrictions

In Taipei, Taiwan, at the showroom of Nvidia Corp.’s offices, a cutting-edge artificial intelligence supercomputing graphics processing unit (GPU) called HGX H100 is on display. This powerful GPU is crucial for developing AI software like ChatGPT. The future of exporting these AI chips to China may face new restrictions from the US, according to a …

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The U.S. Concerns Over China’s Access to Nvidia’s Chips Fueling A.I.

In a recent interview, Nvidia’s president and CEO, Jensen Huang, discussed the increasing importance of the company’s powerful semiconductors in fueling artificial intelligence (AI). However, concerns have been raised about the potential risks associated with these advanced chips falling into the wrong hands. U.S. China hawks fear that this technology could be used to spread …

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Former Google CEO Schmidt predicts chaotic elections caused by A.I.

Eric Schmidt, the former CEO and Chairman of Google, delivered a speech during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. Patrick T. Fallon | AFP | Getty Images According to Eric Schmidt, the former CEO of Google and co-founder of Schmidt Futures, misinformation surrounding the 2024 election will be …

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Intel’s chip manufacturing plans prompt a 6% decline in stock

Intel CEO Pat Gelsinger delivered a speech at the Nasdaq MarketSite in New York for the Mobileye Global Inc. initial public offering, which took place on October 26, 2022. Michael Nagle | Bloomberg | Getty Images Intel‘s stock experienced a 6% drop on Wednesday following the release of an update on the company’s turnaround plan. …

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Biden Scheduled to Hold Meeting with AI Experts in San Francisco

US President Joe Biden gestures to the audience during his speech at the League of Conservation Voters Annual Capital Dinner in Washington, DC on June 14, 2023. Andrew Caballero-Reynolds | AFP | Getty Images President Joe Biden is set to have a meeting with experts in artificial intelligence (AI) in San Francisco on Tuesday. This …

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Gannett Files Lawsuit Against Google, Alleging Monopoly in Ad Tech

Gannett-USA Today headquarters building in McLean, Virginia. Paul J. Richards | AFP | Getty Images USA Today publisher Gannett is taking legal action against Google for allegedly engaging in illegal monopolistic practices in the advertising technology market. This lawsuit adds to the growing number of legal challenges faced by Google, accusing the company of anticompetitive …

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