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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 Wall Street Today: The US stock markets opened higher on January 6, as investors remain optimistic about the artificial intelligence technology fueling the tech stock gain on Monday. At 9:30 am (EDT), the stock markets for the United States opened higher, with the Dow Jones Industrial Average gaining 0.24 per cent to…
Source: Live Mint – Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker’s market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it…
Source: Live Mint US stock picks: Global markets demonstrated resilience in 2024 amid the uncertainty surrounding the US election results, government policy changes, and shifting economic phases. US equities, particularly small-cap stocks, rallied following Donald Trump’s re-election. Among Indians, US tech stocks emerged as staples for those investing in US markets. Nvidia and Tesla have…
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 As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will…
Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…
Source: Live Mint Jensen Huang, chief executive officer (CEO) of artificial intelligence (AI) giant Nvidia, has revealed that six years ago Prime Minister Narendra Modi had asked him to address his cabinet on AI, said a report by India Today. “About 6 years ago, when I first met Modi Ji, he asked me to meet…
Source: Live Mint All these things are powered by artificial-intelligence (AI) models. Most rely on a neural network, trained on massive amounts of information—text, images and the like—relevant to how it will be used. Through much trial and error the weights of connections between simulated neurons are tuned on the basis of these data, akin…
