Category Archives: (KFGO The Mighty 790) Technology
Analysis-For retail investors, jumping on Arm’s blockbuster IPO is a risky business
By Noel Randewich and Hannah Lang (Reuters) - Retail traders getting their first bite at Arm Holdings' highly anticipated public offering when the British chip designer begins trading this week should...
Sep 11, 2023
Tesla supercomputer could boost EV maker’s market cap by $600 billion -Morgan Stanley
(Reuters) - Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an "asymmetric advantage" and boost its market capitalization by nearly $600 billi...
Sep 11, 2023
India cenbank, banks plan new features to boost digital currency transactions – sources
By Jaspreet Kalra and Siddhi Nayak MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working with lenders to introduce new features to popularise the central bank digital currency (CBDC), the so-c...
Sep 11, 2023
US, Vietnam firms hold business summit during Biden visit; AI deals unveiled
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) - Executives at top U.S. and Vietnamese firms in the semiconductor, tech and aviation sectors are meeting on Monday as part of U.S. President J...
Sep 10, 2023
Alibaba shares slide 4% after outgoing CEO quits cloud unit
HONG KONG (Reuters) - The Hong Kong-listed shares of China's Alibaba Group fell more than 4% on Monday after the surprise departure of outgoing Alibaba CEO Daniel Zhang from the company's cloud comput...
Sep 10, 2023
Exclusive-SoftBank’s Arm eyes pricing IPO at top of range or above-sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) - Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough investor support to attain the fully diluted valuation of $54...
Sep 10, 2023
Meta is developing a new, more powerful AI system -WSJ
(Reuters) - Meta Platforms is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Wall Street Journal reported on Sunday, citin...
Sep 10, 2023
Alibaba says Daniel Zhang steps down from cloud business
SHANGHAI (Reuters) - Alibaba Group said on Sunday that Daniel Zhang will step down as chairman and chief executive officer of its cloud business. Zhang had previously been concurrently serving in thre...
Sep 10, 2023
Exclusive-Top US chipmakers, tech firms to attend Vietnam meeting as Biden visits – sources
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) - Top U.S. semiconductors and digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday...
Sep 09, 2023
China’s Didi Q2 revenue grows as regulatory curbs ease
BEIJING (Reuters) - Revenues at China's Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory c...
Sep 08, 2023
