Industry analysts often joke that Oracle’s calculator can only add numbers, a comforting thought for stakeholders. Yesterday, Oracle’s financial outlook drew widespread praise, driving their stock price up by 27%, while CTO and co-founder Larry Ellison was on course to…
An industry saying suggests Oracle’s profits calculations are always optimistic, which doesn’t concern investors. Recently, praises were abundant as Oracle’s projected revenues sent its shares soaring over a 27 percent rise, while co-founder Larry Ellison edges closer to surpassing Elon…
Arm has introduced its latest mobile platform, unveiling new CPU and GPU designs alongside redefined interconnect and memory management functionality, all tailored for the upcoming wave of AI-powered smartphones. Over recent years, Arm has shifted towards more integrated solutions, culminating…
Arm has revealed its Lumex mobile platform, integrating new CPU and GPU designs along with rearchitected interconnects and memory management tailored for AI-driven smartphones. Emerging from its evolution towards more integrated solutions, Lumex showcases Arm’s philosophy of amalgamating performance and…
Gartner forecasts a significant upswing in the smartphone market, driven by generative AI’s integration into new devices. The consultancy predicts that phones equipped with neural processing units (NPUs) will ship 369 million units in 2025, amounting to a substantial $298…
In a notable development within the rapidly-evolving AI sector, Microsoft has signed a landmark deal worth up to $19.4 billion with Nebius, a Netherlands-based company. This agreement, which will see Nebius providing GPU infrastructure over five years, underscores Microsoft’s commitment…
This week, we’re diving into a tale from “Frank,” who shares an anecdote from his manager about unusual events at a data center located in a cricket-loving country. The story begins with Frank’s boss working in a meticulously maintained data…
By 2030, IT departments are expected to integrate AI into all their operations, according to a prediction from the research firm Gartner. The firm reassures, however, that this integration is unlikely to result in significant job losses. In a keynote…
OpenAI is reportedly partnering with Broadcom to develop a groundbreaking AI accelerator. This strategic collaboration aims to reduce reliance on Nvidia while potentially lowering operational costs for OpenAI’s GPT models. According to insider sources, the Financial Times has identified OpenAI…
Uber India has initiated a new program to enable its rideshare and delivery drivers to supplement their income by participating in AI data classification tasks directly through the company’s app. Megha Yethadka, who spearheads Uber AI Solutions, announced the initiative…
/ Daily News…