Nvidia shares surged on Wednesday as investors reacted to comments from former Google CEO Eric Schmidt, who predicted massive AI spending favoring Nvidia. An analyst forecasts significant growth for the company, with a potential valuation reaching $8.5 trillion. However, he cautions investors about the volatility of high-return stocks.
Neuralink, Elon Musk’s brain-computer interface company, has successfully implanted a second patient with its device, allowing the individual to control software and play video games. The company has addressed the issues encountered with its first patient and is aiming for widespread adoption of its technology in the coming years.
LG’s stylish LG Gram laptop is on sale for a limited time, offering a massive $600 discount. This powerful device boasts an OLED screen, sleek design, and impressive battery life, making it an excellent option for students and professionals alike.
Ideogram, an AI startup, has released its second version of its image generation tool, Ideogram 2.0. The new version includes five distinct styles for image generation, an iOS app, a visual search system, and an API. This release comes after a busy week in AI image generation with launches of other tools like Grok-2 and a Midjourney update. Ideogram is also offering a range of subscriptions, including a free tier with generous image generation capabilities.
Choosing the perfect gaming laptop can be a challenge, but we’ve curated the top picks for 2023, covering various price points and gaming styles. From portable powerhouses to budget-friendly beasts, this guide has you covered. We’ve considered performance, portability, screen quality, and battery life in our expert recommendations.
Wolfspeed, a leading semiconductor manufacturer, reported a loss for the fourth quarter, falling short of analyst expectations. However, the company highlighted progress in its new 200-millimeter fab, which is already showing positive results and leading to a shift in device fabrication away from its Durham facility. Wolfspeed also provided an outlook for the first quarter, predicting continued losses, although revenue is expected to remain above $185 million.
Zoom Video Communications, Inc. (ZM) stock is trading higher after the company reported strong second-quarter financial results, exceeding both revenue and earnings estimates. The company also provided optimistic guidance for the upcoming quarters.
GoDaddy is expanding its presence in the digital marketing space with the launch of its all-in-one Digital Marketing product, designed to empower small business owners with simplified and enhanced online marketing solutions. This comprehensive platform, with AI-powered features, caters to the specific needs of small businesses looking to navigate the competitive digital landscape. GoDaddy’s recent strategic moves, including a new customer onboarding path, an expanded GenAI Prompt Library, and the introduction of a versatile Point of Sale terminal, demonstrate its commitment to empowering small businesses and fostering their growth. The company’s projected revenue growth and positive analyst outlook suggest a promising future for GoDaddy.
Brazilian oil and gas giant Petrobras is set to significantly boost its offshore production efficiency with the implementation of a cutting-edge digital twin technology. This innovative solution, successfully tested on its Cidade de Anchieta and P-57 platforms, promises to enhance production by approximately 1%. The digital twin, dubbed Lift and Flow, replicates the entire oil production process, from the seabed to the surface, enabling real-time monitoring, optimization, and virtual incident prevention.
Analog Devices (ADI) reported a decline in revenue for its fiscal third quarter, but the results exceeded analysts’ expectations. The company’s Industrial and Communications revenue segments saw significant drops, while Automotive and Consumer revenue performed better. Despite the challenges, ADI expects sequential growth in the fourth quarter and remains optimistic about the future.
