Artificial intelligence
AI’s Limited Impact on Jobs and Economic Expectations
October 02, 2024 05:22 PM PDT| By Team Kalkine MediaHeadlines,Limited Job Impact from AI Adoption,AI is expected to,impact,only 5% of jobs in the next decade, offering limited automation potential despite high investment levels.,Concerns Over the AI Hype and Market Risks,Growing concerns of inflated m...
Cerebras Systems Announces Nasdaq Listing Plans
October 01, 2024 10:33 AM PDT| By Team Kalkine MediaHighlights,Cerebras Systems, an AI chipmaker, plans to go public on the Nasdaq under the ticker symbol 'CBRS'.,The company reported significant growth in revenue in 2023, increasing by 220% from the previous year.,Underwriters for the upcoming IPO in...
Microsoft Commits to Major Cloud and AI Expansion in Brazil
September 26, 2024 11:59 AM PDT| By Team Kalkine MediaHighlights,Microsoft is investing significantly in Brazil's cloud infrastructure and AI initiatives, marking its largest single investment in the country to date.,The initiative aims to enhance Brazil's economic growth through AI adoption, projecting...
Micron Technology (NASDAQ: MU) Surges Amid Strong AI Demand
September 25, 2024 05:20 PM PDT| By Team Kalkine MediaMicron Technology (NASDAQ: MU), the largest U.S. manufacturer of computer memory chips, experienced a significant surge in after-hours trading, fueled by robust sales and profit forecasts driven by the growing demand for artificial intelligence (AI)...
OpenAI's CTO Mira Murati Steps Down Amid Transformative Changes
September 25, 2024 01:35 PM PDT| By Team Kalkine MediaHighlights,Mira Murati, OpenAI's Chief Technology Officer, has announced her departure after over six years, emphasizing the decision was made after careful reflection.,Her exit follows other high-profile departures from OpenAI and comes as the compa...
Apple's iPhone 16 Launch Signals AI-Driven Surge
September 23, 2024 10:35 AM PDT| By Team Kalkine MediaApple Inc is experiencing strong initial demand for its recently launched iPhone 16 units, which officially became available this past weekend. According to a research note from Wedbush, early checks indicate significant global interest in this upgra...
OpenAI's Valuation Surges Amid New Funding Talks
September 12, 2024 02:18 AM PDT| By Team Kalkine MediaThe,AI sector,has seen a significant shift as OpenAI, the developer of ChatGPT, experiences a notable increase in its valuation, reaching $150 billion. This valuation surge represents a 50% rise from the $100 billion reported just two weeks ago and a...
AMD's Ambitious Plans for the Future
September 10, 2024 03:40 AM PDT| By Team Kalkine MediaAdvanced Micro Devices Inc., a prominent player in the semiconductor industry, is positioning itself to capitalize on the expanding artificial intelligence,AI sector,. According to CEO Dr. Lisa Su, the AI revolution is in its early stages, and AMD is...
Industries Poised for Growth Amidst the AI Revolution
September 08, 2024 05:41 PM PDT| By Team Kalkine MediaArtificial Intelligence (AI) has sparked significant excitement across various sectors, promising to enhance productivity and transform traditional work practices through advanced automation and virtualisation technologies. The evolving landscape of...