Samsung Electronics’ profit soars on demand for AI memory chips
Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.
Operating profit rose 1,458.2% year-over-year to 10.44 trillion Korean won ($7.6 billion), buoyed by high-bandwidth memory chips.
Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.
As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.
A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.
An Australian generative AI platform that raised $47 million last year has been snapped up by design juggernauts Canva, but the numbers are hush-hush.
Paolo Ardoino says that the company has already made more money than he could have ever dreamed. Now he plans to use the company’s balance sheet to replicate its success with digital dollars in the fields of data, artificial intelligence and education.
The CEO of OpenAI wants to know whether the US and allied nations will advance a democratic future – or an authoritarian one. “There is no third option,” he says.
The AI-powered search engine will launch among a small group of users first and later be combined with ChatGPT.
One of America’s most successful self-made women, Vanta CEO Cacioppo talks about navigating her company’s growth and putting herself and her company at center stage.
Fintech company Block is set to overhaul its internal reporting structure, founder and CEO, Jack Dorsey, told staff in an internal memo.