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The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The artificial intelligence boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year to date.
Nvidia briefly surpassed $2 trillion in market cap during intraday trading Friday following the company's rosy earnings report Wednesday — but it was short-lived.
(Reuters) -- Nvidia briefly hit $2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.
TOKYO -- The Japanese government is stepping up efforts to back generative artificial intelligence startups in the country by providing free access to AI computing resources, which are becoming scarce amid the global boom in AI since the launch of OpenAI's ChatGPT.
Global markets hit record highs this week as the frenzy around artificial intelligence boosted risk sentiment and hopes of a return to economic growth. But some investors have urged caution, suggesting that high tech valuations could put the rally at risk.
Munich, GERMANY — Rapid developments in artificial intelligence could help strengthen defenses against security threats in cyber space, according to Google CEO Sundar Pichai.
Back in 2021, amid a raging pandemic, the US National Intelligence Council warned of a more contested world in its Global Trends 2040 report. It highlighted the themes of global challenges, fragmentation, disequilibrium, contestation and adaptation.