Nvidia blew past all expectations on Wednesday, reporting soaring profits driven by its graphics processing units (GPUs) that excel at powering artificial intelligence workloads. But other classes of AI chips are beginning to gain momentum. Every major cloud provider is now designing its own application-specific integrated circuits (ASICs), from Googles TPU to Amazons Trainium to OpenAIs plans with Broadcom. These...

Oil prices held steady on Monday after slipping about 3% last week, as investors weighed the prospects of a US interest-rate cut against the possibility of a Ukraine peace deal that could ease sanctions on Russia, one of the worlds major producers. The US and Ukraine were set to resume work on a revised peace plan ahead of the Thursday...

The Japanese yen weakened in Asian trading on Monday against a basket of major and minor currencies, resuming its decline after a brief pause in the previous session against the US dollar, and moving once again toward its lowest levels in ten months. The currency remains under clear pressure amid persistent concerns over the stimulus-heavy policies of Prime Minister Sanae...

The euro rose in European trading on Monday against a basket of major currencies, attempting to recover from a two-week low against the US dollar, supported by bargain-hunting at lower levels and by a pause in the dollars recent advance ahead of key US inflation data. With uncertainty still surrounding the likelihood of a European Central Bank rate cut in...

Honeywell Automation India Limited’s shares rallied on Tuesday after the company reported its financial results for the April to June 2022 period over the weekend and the Street is all praises for the jump in revenue and profit.

Hero MotoCorp stock prices surged in trade on Tuesday after the two-wheeler firm's strong Q1FY23 results further improved the sentiment in the auto stock ahead of the festive season and inflationary and supply side woes seemed to ease.

Syrma SGS Tech IPO: The initial share sale — the first to hit the Street in 11 weeks — will close for subscription on August 18. Potential investors can bid for Syrma SGS shares in a range of Rs 209-220 apiece in multiples of 68 under the subscription window.

ONGC on Friday reported its first-quarter earnings with the revenue rising 84 percent on a year-on-year basis to Rs 42,320 crore from Rs 23,021.64 crore and the net profit jumping 251 percent to Rs 15,205.9 crore — its highest quarterly profit — from Rs 4,334.75 crore. 

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Facebook-parent Meta said it will be activating its Elections Operations Center to watch out for potential abuses that could emerge across the platform related to state elections

Twitter handle of the Government of Uttar Pradesh (@UPGovt) and Twitter handle operated by the information department (@InfoUPFactCheck) were hacked for a brief period. Both the accounts have now been restored.

Prime Minister Narendra Modi’s followers on Twitter were surprised to find a strange tweet from the leader on Sunday. The tweet asked for donations in cryptocurrencies. The tweet along with a few others was deleted after the hacked account was restored.Many celebrities, actors, politicians and artists have fallen victim to cyber-attacks. Here are some public figures whose accounts on social media platforms were hacked.

West Bengal recorded the highest number of recorded cases against fake news on social media in 2021, accounting for about one-fourth of the total such cases across the country, according to NCRB data.

07:45 AM EDT, 05/30/2024 (MT Newswires) -- UiPath ( PATH ) shares slumped 30% Thursday premarket after the company lowered its fiscal 2025 revenue outlook. Destination XL Group ( DXLG ) shares were down 29% after reporting lower fiscal Q1 earnings and revenue. Kohl's Corp. (KSS) shares retreated 20% after the retailer reported it swung to a fiscal Q1 loss...

07:47 AM EDT, 05/30/2024 (MT Newswires) -- UMB Financial ( UMBF ) unit UMB Fund Services has agreed to sell its broker-dealer distribution business to ACA Group for an undisclosed sum, ACA said Thursday. The transaction is expected to close in Q4. Following the transaction, over $48 billion in client assets will be introduced to ACA, allowing UMB Financial's (...

07:53 AM EDT, 05/30/2024 (MT Newswires) -- HighPeak Energy ( HPK ) said Thursday it has completed and commissioned the new 9.9 megawatt WildHorse solar farm on its Flat Top operating area in west Texas. The independent oil and natural gas company said the facility, owned by Priority Power Management, will produce enough electricity to power nearly 3,700 homes. HighPeak...

07:45 AM EDT, 05/30/2024 (MT Newswires) -- PyroGenesis Canada Inc. ( PYRGF ) , a high-tech company that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, on Thursday notified HPQ Silicon Inc. ( HPQFF ) of its intent to exercise its right to convert its...

TL;DR Shytoshi Kusama and Kaal Dhairya emphasized that the strength of Shiba Inu lies in its community, not individual leaders, maintaining anonymity to uphold this principle. The developers plan to hand over control to the community by the end of 2024 to enhance decentralization. Let The Mask Remain Famous Shiba Inu (SHIB) the second-largest meme coin saw the light of...

The United States spot Bitcoin exchange-traded fund (ETF) market recorded a daily trading volume of $779.87 million on Monday. According to analytical data from SoSoValue, this decreased daily traded volume is the third lowest after the February 5th and 6th records, which were $649.17 million and $692.11 million, respectively. Low Bitcoin ETF Trading Volume Yesterday’s record showed an inflow of...

The choppy consolidation in bitcoins price action has many market players worried. However, certain holders of the worlds largest crypto asset are seemingly increasing their holdings. In fact, bitcoin whales, particularly those holding between 100 and 1,000 BTC, have significantly increased their holdings. Bitcoin Accumulation Over the past six weeks, this cohort of whales has accumulated an additional 94.7K BTC,...

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