They will be ‘wonderfully profitable’ — Nvidia CEO on Oracle’s reported GPU profit squeeze
Oracle’s AI cloud bet hits a margin reality check. Shares of Oracle slid over 3% Tuesday after a report...
Welcome to the Tech section of Finblog.com, where we explore the cutting-edge advancements and trends in technology that are reshaping the financial landscape. This category is dedicated to providing you with insightful analysis and updates on the latest technological innovations and their impact on finance and business.
Tesla Launches Cheaper Model Y and Model 3 to Revive Sales After Tax Credit Loss
Bold move, but risky timing: Tesla unveiled more affordable versions of its flagship Model Y and Model 3 on...
OpenAI Hands AMD a Big Win in AI Chip Race — What It Means for Nvidia
OpenAI announced a multi-year partnership with AMD to deploy 6 gigawatts of AI compute capacity powered by the chipmaker’s...
OpenAI Puts Apps Inside ChatGPT: Spotify, Zillow, Canva and More Go Live
OpenAI used its DevDay to reboot apps inside ChatGPT, unveiling a system that lets users invoke third-party apps directly...
OpenAI to take 10% stake in AMD through AI chip deal
Advanced Micro Devices (AMD) announced a multi-year agreement to supply OpenAI with 6 gigawatts of compute capacity using its...
Markets Face Shutdown Delays, Fed Minutes, and Big Earnings Week Ahead
Stocks are coming off record highs, but the week ahead may be quieter for markets, with government data frozen,...
JPMorgan: Big Tech’s $1.2 Trillion AI Spending Spree Set to Redefine the Tech Landscape
According to the new JPMorgan research note, the five giants will collectively pour more than $1.2 trillion into AI...
AI in an ‘industrial bubble’ but will benefit society: Bezos
Amazon founder Jeff Bezos has joined the chorus of global leaders cautioning that AI is in an “industrial bubble,”...
AI Startup Valuations Soar as Bubble Fears Mount Amid Market Frenzy
Venture capital is pouring into artificial intelligence, but global investors warn early-stage valuations are looking dangerously frothy. Artificial intelligence...
Stocks Hit New Records, Then Cool as ISM Services Stalls
Wall Street opened on a burst of AI euphoria and notched fresh intraday records Friday, but gains faded after...