(Reuters) – Design faults could cause a three-month or longer delay in the introduction of chip maker Nvidia’s future artificial-intelligence chips, the Information reported on Friday. The setback could hurt customers such as Meta Platforms, Alphabet’s Google, and Microsoft, which have collectively ordered tens of billions of dollars in processors,Continue Reading

(Reuters) – Senator Elizabeth Warren, a Democrat, and US progressive organizations urged the Department of Justice to look into Nvidia due to worries about competition, pointing to the company’s monopoly on the processors that are powering the AI revolution. In a letter sent this week, Demand Progress and nine otherContinue Reading

(Reuters) – Philips posted second-quarter results that above analysts’ forecasts on Monday, driven by cost savings from job cutbacks and insurance income related to Respironics product liability claims, pushing company shares up more than 7% in early trading. The Dutch medical device maker’s earnings before interest, tax, and amortization (EBITA)Continue Reading

(Web Desk) – An official agreement published on the Russian government website on Thursday states that Russia and China are working together to construct a joint Moon outpost, which will be built in three parts. Three phases will comprise the development of the International Scientific Lunar Station (ISLS): research, creation,Continue Reading

(Reuters) – Due to Google’s reluctance to improve its hardware in Russia and its refusal to unblock Russian media outlets, YouTube speeds on desktop computers in Russia are expected to drastically decrease, a senior politician with ties to the authorities stated on Friday. Russia has punished Alphabet’s Google multiple timesContinue Reading

(Reuters) – Elon Musk, Tesla’s CEO, announced on Thursday that he and the company’s board of directors will discuss investing $5 billion in his artificial intelligence business xAI, raising concerns about a conflict of interest. Musk, the world’s richest person, founded xAI last year in an effort to compete withContinue Reading