Alphabet topped analysts’ estimates, reporting revenue growth of 15% for the quarter, the fastest rate of expansion since early 2022. Ad sales at YouTube jumped 20%, also beating expectations. Questions have been swirling about the future of Google’s online ads, because the biggest revenue driver remains search, which is under pressure as new generative AI …
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Mark Zuckerberg started Meta’s earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses and operating system. He spent …
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images The troubling news comes alongside a generative AI gold rush, as Big Tech players race the new technology into their vast portfolios of products and …
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Stocks fizzle: Wall Street was enjoying …
The move, a way to democratize access to supercomputing resources generally earmarked for tech giants and connected startups, underscores the importance of training the next-generation workforce on AI. At first, only Georgia Tech’s undergraduate students will be able to use the computing cluster, which is fueled by Nvidia’s enterprise AI software and a “virtual gateway” …
In this article, we will be taking a look at the top 25 biggest internet companies in the US. If you want to skip our detailed analysis, you can go directly to see the Top 5 Biggest Internet Companies in the US. The Power of the Internet The internet has become an indispensable tool in …
The companies announced an initial $1.25 billion investment in September, and said at the time that Amazon would invest up to $4 billion. Wednesday’s news marks Amazon’s second tranche of that funding. Amazon will maintain a minority stake in the company and won’t have an Anthropic board seat, the company said. The deal was struck …
Nvidia on Monday unveiled Blackwell, the new generation of its AI graphics chips, at its conference in San Jose, California. The company’s advanced technology is essential for training and deploying large AI models, and its products are highly coveted by high-profile names in Big Tech. Jensen emphasized the way AI can enable innovation in a …
Artificial Intelligence: the new technology that has taken the sector by storm. Just_super | E+ | Getty Images “Europe is NOW a global standard-setter in AI,” Thierry Breton, the European Commissioner for internal market, wrote on X. President of the European Parliament, Roberta Metsola, described the act as trail-blazing, saying it would enable innovation, while …
Tim Berners-Lee is credited with inventing the World Wide Web in 1989. But he has been dissatisfied with the way his original vision for the web has panned out. Rita Franca | Nurphoto | Getty Images Berners-Lee is credited with inventing the world-changing technology in 1989 while working at CERN, the Swiss particle physics research …