Kneron, a rising star in the artificial intelligence chip market, recently unveiled its cutting-edge products to cater to the growing demand for AI solutions among businesses. The launch of the KNEO 330, Kneron’s second-generation “edge GPT” server, marks a significant milestone for the Taiwanese firm. Unlike its competitors such as Nvidia and AMD, Kneron aims
Enterprise
Cisco’s ThousandEyes, known as the “Google Maps” of the internet, has recently announced the launch of new artificial intelligence-powered features that promise quicker prediction and diagnosis of internet outages and disruptions. This technology, called Digital Experience Assurance (DXA), aims to revolutionize how customers can proactively address network issues, moving beyond mere monitoring to predictive intelligence.
Dutch digital bank Bunq, known for its rainbow-colored cards and focus on “digital nomads,” is aiming to secure a banking license from U.K. financial regulators later this year or early next year. The firm’s CEO and founder, Ali Niknam, expressed hope during an interview at the Viva Tech conference in Paris, stating that the UK’s
Nvidia recently unveiled its latest artificial intelligence chips, named “Rubin,” during CEO Jensen Huang’s announcement at the COMPUTEX tech conference. This new chip architecture, introduced just months after the previous “Blackwell” model, demonstrates Nvidia’s commitment to rapid advancements in AI chip technology. Huang’s declaration of Rubin signifies a shift in the company’s strategy, with a
The software and enterprise tech industry faced a challenging week as major players like Salesforce reported deals shrinking or getting delayed. Salesforce experienced a significant drop in its shares, almost 20% on Thursday, the largest decline since 2004. The cloud software vendor posted weaker-than-expected revenue and issued disappointing guidance. CEO Marc Benioff attributed the growth
Shares of Dell Technologies experienced a significant drop of more than 16% on Friday following the release of its fiscal first-quarter results. Despite beating analysts’ expectations and providing positive guidance, investors seemed discouraged by the company’s lower-than-expected artificial intelligence server backlog and anticipated decline in margins. Dell reported revenues of $22.24 billion for the period,
Salesforce’s recent stock tumble of 20% marks its worst day in nearly two decades, following a first-quarter report that missed Wall Street’s revenue estimates for the first time since 2006. The company’s revenue of $9.13 billion fell short of expectations, leading to concerns about its future performance. Additionally, the lighter-than-expected guidance for the second quarter
PDD Holdings has successfully positioned itself as a value-for-money marketplace in China’s competitive e-commerce sector. The company’s emphasis on affordability and growth of its Temu marketplace have propelled it to become the most valuable player in the country’s e-commerce segment. With stellar first-quarter results that exceeded expectations, PDD has seen a remarkable surge in its
The recent sentencing of Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, to 90 months in prison has sent shockwaves through the financial and political world. Salame pleaded guilty to conspiracy to make unlawful political contributions, defraud the Federal Election Commission, and conspiracy to operate an unlicensed money-transmitting business. This marks a
Jan Leike, a prominent safety researcher at OpenAI, recently announced his resignation from the company to join rival AI startup Anthropic. This move comes shortly after the dissolution of the superalignment group that he co-led at OpenAI, signaling a shift in focus towards new challenges in the AI landscape. Leike’s decision to join Anthropic underscores