Chip giant’s market capitalisation hits $3.335 trillion as stock prices continues its stellar rise. Nvidia, the startup at the centre of the artificial intelligence boom, has become the world’s most valuable company, knocking Microsoft off the top spot. Nvidia’s market capitalisation hit $3.335 trillion on Tuesday as shares of the…
News consumers most opposed to use of AI for sensitive topics such as politics, report finds. Most news consumers in the United States and the United Kingdom would be uncomfortable with journalism produced mainly by artificial intelligence (AI), a survey has found. Only 23 percent of respondents in the US…
The United States Department of Justice and the Federal Trade Commission (FTC) have reportedly reached a deal on how they will pursue an antitrust investigation into tech giants Microsoft, Nvidia, and Open AI. The companies are all major players in generative AI: OpenAI is the nonprofit startup behind ChatGPT, the…
Pope Francis spoke about the moral quandaries surrounding artificial intelligence in warfare, saying ‘no machine should ever choose to take the life of a human being’. Pope Francis called for a ban on “lethal autonomous weapons” in an address to the G7 leaders’ summit in Italy on the perils of…
Musk hails ‘awesome shareholder base’ after vote to restore compensation deal rejected by US judge. Elon Musk has won back his $44.9bn pay package at electric carmaker Tesla after shareholders voted to restore the compensation deal in a ringing endorsement of his leadership. The vote at Tesla’s annual meeting on…
Eight former engineers accuse CEO Elon Musk of overseeing a ‘pervasively sexist culture’ at the rocket company. Eight former SpaceX engineers have filed a lawsuit accusing the rocket company and its CEO Elon Musk of firing them for raising concerns about the treatment of female employees. In a lawsuit filed…
National Samsung Electronics Union, which represents tens of thousands of people, is pushing for better wages. Staff at Samsung Electronics, one of the world’s largest smartphone manufacturers and also one of the only companies producing high-end semiconductors, have taken industrial action for the first time as part of a six-month…
Chipmaker’s market capitalisation passes $3 trillion after latest rally in stock price. Nvidia has overtaken Apple to become the world’s second-most valuable company, with furious demand for the chipmaker’s shares taking its valuation to over $3 trillion. Shares of Nvidia gained 5.2 percent on Wednesday to close at $1,224.40, lifting…
Social media platform says sexualised content can be ‘legitimate form of artistic expression.’ Elon Musk’s social media platform X has updated its policies to formally allow adult content. Under the updated guidelines, the platform formerly known as Twitter will allow users to share sexualised content so long as it is…
Bangkok, Thailand – The United States’ efforts to cripple Russia’s war machine in Ukraine have ensnared an unlikely target far from Moscow: Malaysia’s multibillion-dollar semiconductor industry. Malaysian semiconductor maker Jatronics SDN BHD is among nearly 300 entities that Washington slapped with US sanctions last month over their alleged links to…
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