Technology Archives - ResortHatch

2024-10-15

Nvidia shares hit a record as chipmaker market cap tops $3.4 trillion

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia shares closed at a record on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker’s top customers on their planned spending on artificial intelligence infrastructure. The…

2024-10-15

Trump or Harris? 2024 stakes for America’s businesses

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Business

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the outcome…

2024-10-13

Jeff Shell as Paramount president may have runway to make bold changes

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Business

Jeff Shell, CEO of NBCUniversal, speaks during a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Eric Gaillard | Reuters Less than two years after NBCUniversal fired Jeff Shell for alleged sexual harassment, the former CEO is close to finding himself back in the saddle leading a storied media company. The longtime…

2024-10-12

Tesla (TSLA) stock drops after Cybercab robotaxi reveal

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Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. Source: Tesla Tesla shares closed down nearly 9% on Friday after the electric vehicle company’s long-awaited robotaxi event failed to impress investors. CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — a low, silver two-seater, with no steering wheels or pedals — on Thursday night, at the…

2024-10-12

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

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AMD launched a new artificial intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, Advanced Micro Devices said Thursday during an event announcing the new product. If AMD’s AI chips are seen by developers…

2024-10-10

Amazon tests adding robot warehouses to Whole Foods

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An independent contractor wearing a protective mask and gloves loads Amazon Prime grocery bags into a car outside a Whole Foods Market in Berkeley, California, on October 7, 2020. David Paul Morris/Bloomberg via Getty Images Amazon said Wednesday it’s testing adding mini warehouses to Whole Foods supermarkets as part of a bid to attract more shoppers to its stores…

2024-10-10

DOJ indicates it’s considering Google breakup following monopoly ruling

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The Department of Justice late Tuesday made recommendations for Google’s search engine business practices, indicating that it was considering a possible breakup of the tech giant as an antitrust remedy. The remedies necessary to “prevent and restrain monopoly maintenance could include contract requirements and prohibitions; non-discrimination product requirements; data and interoperability requirements; and structural requirements,” the department said in…

2024-10-09

GM ditching ‘Ultium’ name for batteries, tech amid EV changes

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General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — General Motors will drop the name “Ultium” for its electric vehicle batteries and supporting technologies after spending years promoting the brand as it rethinks its EV and…

2024-10-08

Super Micro soars after company says shipping over 100,000 AI GPUs

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Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of Nvidia‘s $30,000 chip. The GPU…

2024-10-07

Apple is turning to its army of developers for an edge in the AI race

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A view of Apple’s new iPhone 16 at an Apple Store on the Regent Street in London, United Kingdom on September 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34 million app developers. IPhone…

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Tag: Technology

Nvidia shares hit a record as chipmaker market cap tops $3.4 trillion

Trump or Harris? 2024 stakes for America’s businesses

Jeff Shell as Paramount president may have runway to make bold changes

Tesla (TSLA) stock drops after Cybercab robotaxi reveal

AMD launches MI325X AI chip to rival Nvidia’s Blackwell

Amazon tests adding robot warehouses to Whole Foods

DOJ indicates it’s considering Google breakup following monopoly ruling

GM ditching ‘Ultium’ name for batteries, tech amid EV changes

Super Micro soars after company says shipping over 100,000 AI GPUs

Apple is turning to its army of developers for an edge in the AI race

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