AI

Cerebras Breaks Speed Records with Mistral Partnership

Cerebras Breaks Speed Records with Mistral Partnership

Cerebras Systems, a leading AI chipmaker backed by UAE-based tech giant G42, has partnered strategically with France’s Mistral, enabling the European AI firm to achieve a record-breaking processing speed. Mistral, known for its open-source AI technology, is positioning itself as a formidable competitor to Meta Platforms and China’s DeepSeek, which have recently gained attention for…

AI In Fintech: Use Cases, Advantages, And Disadvantages

AI In Fintech: Use Cases, Advantages, And Disadvantages

Fintech, or financial technology, uses technology, such as digital tools and data, to improve and automate finance services. The entry of artificial intelligence or AI in fintech has transformed it for the better, helping banks keep up with the pace of digital transformation.  AI and fintech first came together in the 1980s when systems were…

SoftBank to Invest $25 Billion on OpenAI Ahead of Stargate

SoftBank to Invest $25 Billion on OpenAI Ahead of Stargate

OpenAI, one of the biggest artificial intelligence companies in the world, has long been in a money-raising frenzy. Now, it is in talks with SoftBank, a Japanese conglomerate, to raise around $25 billion, as per three people familiar with the development. This money might cover OpenAI’s commitment to the $100 billion data center project Stargate,…

Donald Trump Pledges $500 Billion for AI Infrastructure

Donald Trump Pledges $500 Billion for AI Infrastructure

AI supremacy is the new arms race or space race. Countries are fighting tooth and nail to achieve it. The United States of America has taken the first step toward it. On Tuesday, President Donald Trump announced a major investment of a whopping $500 billion to build and improve the country’s AI infrastructure, with the…

A New Era for Wall Street: AI May Cost 200,000 Jobs

A New Era for Wall Street: AI May Cost 200,000 Jobs

Following years of modernising their IT systems to streamline operations and reduce costs after the financial crisis, banks have increasingly turned to the latest AI tools to enhance productivity further. This may result in banks reducing the workforce by at least 3%. Bloomberg Intelligence, in its latest report, mentioned that Global banks may end up…

NVIDIA Introduces  New Llama Nemotron Models

NVIDIA Introduces New Llama Nemotron Models

At CES 2025, NVIDIA CEO Jensen Huang introduced the latest Nemotron models, including the Llama Nemotron large language models (LLMs) and Cosmos Nemotron vision language models (VLMs), designed to enhance agentic AI capabilities and drive enterprise productivity. The Llama Nemotron models, based on the Llama foundation models, empower developers to build AI agents for applications…

Nvidia to Make Software and Hardware for Robotics

Nvidia to Make Software and Hardware for Robotics

After having made a name for itself in the AI chip industry. Nvidia is planning to disrupt another futuristic industry, Robotics. The global chip-making giant has shown interest in robotics and plans to enter it soon. The company is expected to launch its very first compact computer for humanoid robots, dubbed Jetson Thor.  With this,…

AI Momentum to Take Apple to $4 Trillion Valuation

AI Momentum to Take Apple to $4 Trillion Valuation

The most valuable company in the world, Apple, is inching ever so closer to the coveted mark of $4 trillion valuation. This is because investors are cheering the long-awaited progress the company is making in AI to rejuvenate their sluggish sales of the iPhone. The company has pulled ahead of the competition, like Microsoft and…

Microsoft Wins US Approval To Export AI Chips To UAE

Microsoft Wins US Approval To Export AI Chips To UAE

The US government has approved the export of advanced AI  chips to the UAE as part of a partnership with Emirati AI firm G42. Earlier this year, Microsoft invested $1.5 billion in G42, giving the U.S. company a minority stake. According to the deal, G42 will utilize Microsoft’s cloud services to operate its AI chip…

Jensen Huang’s Masterplan to Avoid Estate Tax

Jensen Huang’s Masterplan to Avoid Estate Tax

The ultra-rich in the United States of America have found ways to avoid taxes, and the problem is getting more severe as the days pass. The latest billionaire in the crosshairs is Nvidia’s CEO, Jensen Huang, who, according to some sources, has saved more than $8 billion in taxes by exploiting the loopholes in the…

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