Technology giants Zuckerberg and Meta have recently announced their ambitious plan to acquire a staggering 350,000 Nvidia H100 GPUs by the end of 2024. This purchase is expected to significantly enhance their computing power and boost their capabilities in a variety of domains.
The S&P 500 index came close to hitting a new record high on Wednesday, propelled by growing optimism in the artificial intelligence (AI) sector, which boosted shares of chipmakers. The impressive performance reflects the market’s firm belief in the potential of AI technology and its significant impact on various industries.
Goldman Sachs, one of the leading investment banking companies in the world, has managed to navigate through a turbulent year with remarkable success. Despite facing numerous challenges in an unpredictable market, the firm has emerged stronger and more resilient than ever before.
Apple, the tech giant and maker of iPhones, iPads, and Macs, has long enjoyed a reputation as one of the most valuable companies in the world. However, recent developments may pose a threat to its coveted status. With an impending antitrust suit on the horizon, Apple’s future may not be as secure as it once seemed.
The world of finance has always been captivated by predictions and forecasts. As the economy continues to evolve, investors and traders are constantly seeking accurate predictions to guide their decision-making processes. Artificial intelligence (AI), with its ability to analyze vast amounts of data quickly, has emerged as a powerful tool in making financial forecasts. In the latest trend, AI predicts the gold price for the end of 2024.
In a dramatic incident yesterday, a Tesla Cybertruck collided head-on with a Toyota Corolla, resulting in severe damage to the front end of the Corolla. The collision occurred on a busy intersection, causing widespread disruption to traffic and attracting the attention of bystanders.
The S&P 500 experienced a modest dip on Friday, but managed to conclude 2023 on a high note, achieving an impressive 24% gain for the year. Despite the slight decline at the end, the index’s nine-week winning streak has undoubtedly left market participants feeling optimistic about the overall performance and stability of the market.
In a groundbreaking incident, the highly anticipated Tesla Cybertruck has been involved in its first reported crash, resulting in significant damage to a Toyota Corolla. This head-on collision has raised concerns and sparked discussions about the safety features and capabilities of the innovative electric pickup truck.
Turkey’s central bank announced on Wednesday that it was raising its benchmark interest rate to 42.5%, taking the nation one step closer to the end of its monetary tightening cycle. This significant increase comes as part of efforts to combat soaring inflation rates and stabilize the Turkish lira.
In a significant development, FTX, a leading cryptocurrency exchange, has submitted a revised proposal aimed at concluding the bankruptcy proceedings of one of its entities and returning significant funds to its creditors. According to the latest report by CNBC Crypto World, this move could have far-reaching implications for the cryptocurrency industry.
