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Amazon cloud boss says employees unhappy with 5-day office mandate can leave

Amazon cloud boss says employees unhappy with 5-day office mandate can leave

Technology News / Leave a Comment

Amazon Web Services CEO, Matt Garman speaks during CNBC Power Lunch on July 1, 2024. CNBC Amazon‘s cloud boss on Thursday gave employees a frank message about the company’s recently announced five-day in-office mandate. Staffers who don’t agree with Amazon’s new policy can leave, Amazon Web Services CEO Matt Garman said during an all-hands meeting […]

Amazon cloud boss says employees unhappy with 5-day office mandate can leave Read More »

Google CEO names new search and ads boss, slides predecessor to role of chief technologist

Google CEO names new search and ads boss, slides predecessor to role of chief technologist

Finance News / Leave a Comment

Prabhakar Raghavan speaks during the U.S. Conference of Mayors Winter Meeting in Washington, D.C., on Jan. 17, 2024. Julia Nikhinson | Bloomberg | Getty Images Google is replacing Prabhakar Raghavan, the company’s search and ads boss, with longtime Google executive Nick Fox. The move was announced by Alphabet CEO Sundar Pichai, who said in a

Google CEO names new search and ads boss, slides predecessor to role of chief technologist Read More »

Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon

Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon

Finance News

Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.” “I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably

Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon Read More »

Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Finance News

Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel. In its latest annual Euroscape report, which looks at key cloud and AI trends, Accel said that venture funding for cloud startups based in the U.S.,

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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions

Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions

Technology News

The OpenAI app icon displayed along with other AI applications on a smartphone. Jonathan Raa | Nurphoto via Getty Images Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today’s generative AI applications. Microsoft and Google are among the firms

Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions Read More »

Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley

Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley

Finance News

Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images Founders of some of Europe’s largest technology unicorns on Monday backed an open letter calling for a “tech renaissance” fueled by the creation of a single pan-European entity to promote startups and innovation in

Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley Read More »

Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings

Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings

Finance News

Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta,

Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings Read More »

HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

Finance News

Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images   LONDON — Increasingly many financial services firms are touting the benefits of artificial

HSBC exec says there’s a lot of AI ‘success theater’ happening in finance Read More »

DOJ indicates it’s considering Google breakup following monopoly ruling

DOJ indicates it’s considering Google breakup following monopoly ruling

Finance News

U.S. Assistant Attorney General Jonathan Kanter speaks about the antitrust lawsuit against Live Nation Entertainment during a press conference as Attorney General Merrick Garland and Deputy Attorney General Lisa O. Monaco look on during a press conference at the Department of Justice in Washington, U.S., May 23, 2024. REUTERS/Ken Cedeno Ken Cedeno | Reuters The

DOJ indicates it’s considering Google breakup following monopoly ruling Read More »

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve

Finance News

Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve Read More »

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