(Bloomberg) — The head of Rakuten Group Inc. dismissed skeptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecommunications arm is central to future growth through artificial intelligence. Most read on Bloomberg The decision to enter Japan’s cutthroat wireless market has saddled Rakuten with four years of losses, weighing on…
Are blockchains and AI agents a match made in heaven? A new protocol called Metropolis hopes to perfect this hybrid by using AI agents to easily and affordably create small, purpose-built interconnected blockchains called “chainlets” which, in turn, provide ideal environments so that AI agents can interact and create a wealth of new services. The…
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Shares of Taiwan Semiconductor Manufacturing have soared more than 100% in the past 12 months, putting the chip giant in rare company – the trillion-dollar club. As of January 17, there were 10 public companies in the world with valuations of at least $1 trillion. With the exception of Warren Buffett’s investment center, Berkshire Hathawayevery…
Advanced microdevices (AMD 2.55%) establishes itself as the No. 2 player in the artificial intelligence (AI) accelerator market, even if it remains far behind Nvidia. While Nvidia now generates $30 billion per quarter in its data center segment, AMD said it expects to produce about $5 billion from AI accelerator sales in all of 2024….
LAS VEGAS (KSNV) — Scotty’s Car Wash, Southern Nevada’s first AI-powered touchless car wash, marked the grand opening of its inaugural location Saturday in Henderson, with a successful event that attracted hundreds of wash-hungry locals -free cars. The four-hour celebration included live music from DJ Chaney and giveaways, creating an exciting atmosphere at the stylish,…
The president of O’Leary Ventures has the latest on his TikTok offering on “The Claman Countdown.” Artificial intelligence (AI) company Perplexity AI has proposed merging with TikTok US, so the video-sharing platform can avoid being banned in the country, according to a report. The offer, made to the platform’s Chinese parent company ByteDance, would merge…
Something remarkable is happening in Washington. Tech executives who once avoided the political spotlight now make regular pilgrimages to Capitol Hill and artificial intelligence — a field that dates back to the 1950s – has become the talk of the town. The reason? AI is no longer a niche field pursued by academics and scientists…
The advent of so-called physical artificial intelligence is seen by many as the next frontier in the AI investment cycle, opening up opportunities to support robot makers, automotive OEMs and technology companies. specialized semiconductors. Investors are looking for another way to play AI after huge runs in Nvidia and the other stocks powering and producing…
AI could become an $826 billion market in the next five years. Nvidia is an obvious choice, but don’t overlook these other AI power players. The considerable interest in artificial intelligence (AI) stocks has highlighted Nvidiathe leader in AI chips. Nvidia has been an incredible stock for investors, but AI extends far beyond a single…