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DAVOS, Switzerland — For years, the United Arab Emirates has been the Middle East's go-to tech hub, thanks partly to its lack of personal income tax, flexible visa policies, and competitive incentives for international businesses and workers.
DAVOS, Switzerland -- Artificial intelligence, and how to regulate it, was overheard in more circles than ever before at this year's annual meeting of the World Economic Forum, known to host hundreds of discussions and speeches on wide-ranging topics, from diplomacy to environment to the latest technologies.
(Reuters) -- The S&P 500 posted a record high close on Friday for the first time in two years, fueled by a rally in chipmakers and other heavyweight technology stocks on optimism around artificial intelligence.
DAVOS, Switzerland — OpenAI founder and CEO Sam Altman said generative artificial intelligence as a sector, and the U.S. as a country are both "going to be fine" no matter who wins the presidential election later this year.
AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence.
Meta is spending billions of dollars on Nvidia's popular computer chips, which are at the heart of artificial intelligence research and projects.
TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said on Thursday its revenues could grow by as much as 26% this year as the rise of generative AI computing fuels the growth of the global electronics industry.
PALO ALTO, U.S.-- Samsung Electronics unveiled its first AI-powered phone series on Wednesday, kick-starting a race to leverage generative artificial intelligence to reenergize the smartphone market.