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Nvidia developing a new flagship AI chip version for the Chinese market

Nvidia (NVDA.O) is developing a version of its new flagship AI chips for the Chinese market that complies with current U.S. export controls, according to three sources familiar with the matter. In March, the AI chip giant unveiled its “Blackwell” chip series, which is set for mass production later this year. Within that series, the …

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ChatGPT will become ubiquitous in every application

Last year’s breakout sensation, ChatGPT, has reached such heights that in 2024, it’s set to be integrated into nearly every conceivable consumer tech device, whether sensible or not. CES 2024 showcased numerous examples, ranging from the unsettling WeHead—featuring a chatbot with a humanoid face—to Volkswagen’s announcement of integrating ChatGPT into their cars for AI-driven interactions. …

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Report advocates for establishment of universal regulations to encourage trading of assets on blockchain

A global standard for cross-border activity is deemed crucial for realizing the widespread trading of stocks and bonds on blockchains. This standard would enable seamless movement of assets across different blockchains, paving the way for the mainstream adoption of tokenized assets, which represent underlying assets and are traded on distributed ledger technology (DLT). While banks …

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AMD unveils new AI chips to compete with Nvidia’s dominance.

Advanced Micro Devices (AMD.O) has introduced its latest artificial intelligence processors on Monday, outlining its strategy to develop AI chips over the next two years to challenge Nvidia’s leadership (NVDA.O). During the Computex technology trade show in Taipei, AMD CEO Lisa Su presented the MI325X accelerator, slated for release in the fourth quarter of 2024. …

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Google lays off at least 100 employees from its cloud division, CNBC reports.

Alphabet-owned Google (GOOGL.O) is laying off at least 100 employees from various teams within its cloud unit, according to a report by CNBC on Monday. The affected positions include roles in sales, operations, engineering, consulting, and “go to market” strategy, as indicated by internal communications. “We continue to evolve our business to meet our customers’ …

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GameStop and AMC Rally Revives 2021 Meme Stock Frenzy

Shares of GameStop (GME.N) and AMC (AMC.N) soared nearly 40% in premarket trading on Tuesday, poised to continue their gains from the previous day following a series of posts from “Roaring Kitty,” evoking the meme stocks trading frenzy. On Monday, GameStop and AMC were the top traded stocks among retail investors, according to J.P. Morgan …

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Reddit experiences a surge in shares following robust forecasts in its first earnings report post IPO.

Reddit (RDDT.N) announced its potential for turning a profit in the second quarter, buoyed by a thriving advertising sector and content-licensing agreements with AI firms. This revelation delighted investors, propelling shares up by 16% in after-hours trading on Tuesday. Marking its first earnings report since going public in March, Reddit also issued a revenue projection …

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Cloud Alpha by HyperX

The HyperX Cloud Alpha gaming headphones excel primarily in one aspect: their exceptional battery longevity. HyperX asserts that these headphones provide an impressive 300 hours of battery life, allowing for continuous usage for slightly over 12 days without needing a recharge. However, we strongly advise taking intermittent breaks during extended usage periods. In addition to …

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Civil rights groups criticize a plan to penalize US federal inmates for using social media.

A proposed change to rules in federal prisons suggests that inmates could face consequences for using social media or asking others to do so on their behalf. Critics argue that such a rule might impede inmates and their supporters from exercising their right to free speech. The Bureau of Prisons is considering this change along …

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