Reliance To Build The World’s Largest Data Centre
Reliance Industries, the most valuable company in India, has earned most of its fortune from a diversified portfolio and plans to enter another lucrative sector: AI and data centres. Mukesh Ambani-led Reliance is set to build the world’s largest data centre in Jamnagar, Gujarat. This groundbreaking initiative will align Reliance with global tech giants, such…
Shipra Prajapati
Reliance And Nvidia’s Strategic Partnership In India
Chip behemoth Nvidia and Reliance Industries announced a partnership to bring an AI revolution to India. This move could significantly accelerate the country’s artificial intelligence capabilities. The announcement came during a fireside chat between Mukesh Ambani, the Reliance Chairman, and Jensen Huang, the CEO of Nvidia, at the Nvidia AI Summit 2024 held in Mumbai. …
Suryansh
Nvidia Surpassed Apple In The Share Market
According to recent reports by Bloomberg, Nvidia became the first computer chip firm to reach a $3 trillion market capitalisation on Wednesday, 5 June 2024. With this, the company surpassed Apple Inc., becoming the world’s second-most valuable company. Nvidia’s stock soared at 5.2% and settled at $1,224.40, pushing the company value to $3.012 trillion. Apple’s…
Chandan Kumar
Nvidia’s 600% Profit And Stock Split Announcement
NVIDIA Corporation surpassed the analyst forecast of second-quarter revenue of $26.8 billion and earned a staggering $28 billion. According to Bloomberg, their profit margins expanded by an impressive 600%, and revenue grew by a remarkable 268% annually. This indicates even amidst an economic slowdown, spending on computational AI remains bullish. Chief Executing Officer Jensen Huang…
USA AI Advisory: Building An AI Proof Infrastructure
Countries worldwide are looking for ways to safeguard their infrastructure from AI attacks, and the USA has finally taken the first step towards devising a plan. The US government has formed an AI advisory. It has included tech leaders like Satya Nadella of Microsoft, Sundar Pichai of Alphabet, Sam Altman of OpenAI, Jensen Huang of…
abhinav singh
Asian Economics: Trending Business News From Asia
Here is some of the top news from Asia you need to know to stay updated on the region’s economic landscape. South Korea Plan To Invest $7 Billion In The Next 3 Years The South Korean President, Yoon Suk Yeol, announced on 9 April 2024 that the nation will invest $7 billion in artificial intelligence…
Asian News Round-Up: Top News From Asia
The continent of Asia has some of the most powerful countries in the world. Asia has also been a place where the major production of goods takes place. So it’s safe to say that there is a lot that takes place in Asia. Today we will give you 3 of the top news from Asia. …
Pelosi’s Visit To Taiwan: How It Put TSMC In Spotlight?
U.S. House Speaker Nancy Pelosi recently visited Taiwan. She may have left Taiwan but has cast a spotlight on the island’s critical role in the global chip supply chain and on the world’s biggest chipmaker TSMC (Taiwan Semiconductor Manufacturing Company).  Pelosi’s visit is being called controversial because it angered Beijing to see Pelosi meet with…