The FinTech Hub
Source: The Verge Amazon’s Prime Video is about to get a lot more Lionsgate films as part of a multi-year deal that will put the studio’s entire 2026 slate of films on the service. Under the agreement, Prime Video will exclusively stream Lionsgate’s upcoming films in the US after they first appear on Starz. The…
Source: The Verge The rise of generative AI has been powered by Nvidia and its advanced GPUs. As demand far outstrips supply, the H100 has become highly sought after and extremely expensive, making Nvidia a trillion-dollar company for the first time. It’s also prompting customers, like Microsoft, Meta, OpenAI, Amazon, and Google to start working…
Source: Live Mint The Joe Biden administration has unveiled sweeping curbs on the sale of advanced AI chips by semiconductor companies including Nvidia Corp. The new rules will limit the number of AI chips that can be exported to most countries. It will allow unlimited access to US AI technology for America’s closest allies, while…
Source: Live Mint 1. Smarter AI models will intensify AGI fears “Lata has three apples and buys five more. How many does she have now?” Even a 5-year-old can answer eight. Similarly, GenAI models solve this using ‘chain of thought’ reasoning: “Lata starts with three apples. She buys five more, so 3 + 5 =…
Source: Live Mint Dig deeper, though, and the situation is more nuanced. Generative ai appears to be one of those innovations, such as email or smartphones, whose the most eager early adopters are individuals. Companies are being far more tentative. In the two years since OpenAi unveiled ChatGPT, generative AI has had a faster rate…
Source: Live Mint The US market opened lower on Thursday, December 26, as Wall Street witnessed investors sticking with their existing portfolio, contributing to lighter trading volumes. At 9:30 am (EDT), the stock markets for the United States opened lower, with the Dow Jones Industrial Average dropping 0.22 per cent to 43,201.85 points, compared to…
Source: Live Mint In the modern digital age, Amazon has become the preferred online retailer for everything ranging from groceries to electronics. It’s no wonder why we often shop there given its wide selection and easy usage. But it could be hard to choose the best credit card for your Amazon spending since there are…
Source: Live Mint Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence (AI) startup, as major technology firms continue to vie for dominance in the generative AI sector. This latest investment will bring Amazon’s total funding in Anthropic, which began last year, to $8 billion. Despite the substantial…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint With the advent of the festive season, Amazon and Flipkart have kicked off their largest sales of the year, offering steep discounts on a variety of products. From smartphones and laptops to gadgets and home entertainment systems, there are plenty of irresistible deals. We’ve compiled a list of 10 standout deals recommended…
