The owner of Novo Nordisk, the drugmaker that gave the world Ozempic and Wegovy, is funding a new supercomputer powered by Nvidia’s artificial intelligence technology with a key aim of discovering new medicines and treatments...
Continue ReadingDow 30 stocks to check out in the stock market this week...
Continue ReadingMicrosoft has hired Mustafa Suleyman, a well-known leader and entrepreneur in artificial intelligence, to lead the software giant’s efforts on consumer AI products. Suleyman helped lead Google’s DeepMind, a pioneering artificial intelligence lab that the company acquired in 2014. In a post on X, Suleyman said he was stepping down from his position at Inflection AI...
Continue ReadingOver the weekend, Tesla Inc (NASDAQ: TSLA) announced it will raise the price of U.S. Model Y prices on April 1st as well as of Model Y prices in Europe on March 22nd. In China, Tesla is currently offering fresh inventory discounts for Model Y trims. To maintain the sales momentum, Tesla has been aggressively lowering prices for more than a year. As a result, its auto gross margins, which peaked at 30% during 2021’s fourth quarter amid industry chip shortages, have plunged well below 20%. Even Te...
Continue ReadingAlphabet's (GOOGL) Google launches a song search capability for YouTube Music on Android devices, boosting the Google Services segment...
Continue ReadingMicrosoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and hired several employees of his Inflection AI startup, seeking to defend its lead against rising competition from Google. Suleyman will be CEO of the unit, Microsoft AI, the company said on Tuesday, bringing under one roof its consumer AI efforts such as its Copilot chatbot and the new Bing browser that uses the technology. The Copilot, built using technology from ChatGPT-maker OpenAI, is the lynchpin of Microsoft's efforts to generate revenue from its AI efforts and can write emails, summarize documents and make presentations...
Continue Reading(Bloomberg) -- Microsoft Corp. has named Mustafa Suleyman head of its consumer artificial intelligence business, hiring most of the staff from his Inflection AI startup as the software giant seeks to fend off Alphabet Inc.’s Google in the fiercely contested market for AI products.Most Read from BloombergTrump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New TeamApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesNvidia Looks to Extend AI Dominance With New Blackwell ChipsEverg...
Continue ReadingYou might think these dominant tech-enabled enterprises are expensive, but one company will challenge that assumption...
Continue ReadingCognizant (CTSH) is strengthening its footprint in the life sciences and healthcare domain, driven by an expanding partner base that includes the likes of NVIDIA and Microsoft...
Continue ReadingThere is a simpler way for investors to buy the "Magnificent Seven" stocks...
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