Dell’s Financial Outlook Impact of AI Investments on Quarterly Profits Dell Technologies’ stock dropped approximately 14% in premarket trading on Friday. The company, known for its PC and server products, anticipates that substantial investments in artificial intelligence (AI) will negatively affect its quarterly earnings. If the premarket losses persist, Dell could see a market value…
The U.S. National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Zoox, the self-driving vehicle division of Amazon.com, following two rear-end collisions caused by unexpected braking. The agency is currently collecting video evidence and documents related to the incidents from Zoox to better understand the circumstances and potential risks associated with these self-driving…
Cryptocurrency has been a dynamic and rapidly evolving field, drawing significant attention and investment. One of the latest trends in this market is “re-staking,” a practice that offers investors rewards in exchange for locking up their tokens in a complex scheme. This trend has seen a meteoric rise, reflecting the broader appetite for risk in…
PwC has announced a significant partnership with OpenAI, becoming the largest customer and the first reseller of OpenAI’s enterprise product. This move reflects the growing trend of businesses integrating generative artificial intelligence to enhance their operations and services. Key Partnership Details Deployment of ChatGPT Enterprise PwC will implement ChatGPT Enterprise, an advanced version of OpenAI’s…
China is gearing up for a major leap in electric vehicle (EV) technology by investing over 6 billion yuan ($830 million) in the development of solid-state batteries. This government-led initiative aims to support six firms that will work on advancing this next-generation battery technology. This move underscores China’s ambition to maintain its leadership in the…
The cryptocurrency landscape witnessed a significant shift with the rise of BlackRock’s iShares Bitcoin Trust. This exchange-traded fund (ETF) has rapidly ascended to become the world’s largest Bitcoin fund, overtaking its closest competitor, the Grayscale Bitcoin Trust. This article delves into the details of this development, exploring the factors behind its success, the regulatory backdrop,…
