CoinspeakerAmazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd. Amazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO
Read More »Biren Intelligent Technology Exploring IPO amid Rising AI Hype
CoinspeakerBiren Intelligent Technology Exploring IPO amid Rising AI Hype As the IPO landscape evolves and market conditions change, it is possible that Biren’s plans may be subject to further adjustments. Biren Intelligent Technology Exploring IPO amid Rising AI Hype
Read More »Nvidia Prepares to Be Anchor Investor in Arm IPO
CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO
Read More »BitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency
CoinspeakerBitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency According to former banker and BitMex co-founder Arthur Hayes, Bitcoin has a very high chance of becoming the ultimate currency of artificial intelligence. BitMex Co-founder Arthur Hayes Says Bitcoin Could Rally Hard as AI Currency
Read More »China Seeks Global Tech Control via Issuing Stern Restrictions on Exporting Semiconductor-Making Materials
CoinspeakerChina Seeks Global Tech Control via Issuing Stern Restrictions on Exporting Semiconductor-Making Materials China manufactures nearly 80 percent of global gallium and germanium products used in making chips that are critical in AI developments. China Seeks Global Tech Control via Issuing Stern Restrictions on Exporting Semiconductor-Making Materials
Read More »Exploring Current State of MAANG and MANATAM Stocks
CoinspeakerExploring Current State of MAANG and MANATAM Stocks The inclusion of Nvidia, Tesla, and Microsoft expands the reach of the MAANG stocks, encompassing electric vehicles, Graphic Processing Units (GPUs), and software. Exploring Current State of MAANG and MANATAM Stocks
Read More »Anthony Scaramucci to AI Backers: Bet on Long-Term Investments
Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of SkyBridge Capital, advised AI stock investors to concentrate on long-term investments amidst these concerns. He highlights...
Read More »Analyst Suggests Replacing FAANG with MATANA in Hierarchy of Stocks
Ray Wang, Constellation Research Principal Analyst, believes that due to market changes FAANG should be replaced with MATANA in stock ranking. In the ever-evolving tech world, the dominance of FAANG – Facebook Inc, now Meta Platforms Inc (NASDAQ: META), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Google alongside its parent company Alphabet Inc (NASDAQ: GOOGL) – has been unquestionable. However, as the sector evolves, some experts suggest that...
Read More »Generative AI Video Platform Synthesia Raises $90 Million at $1 Billion Valuation
Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking AI technology, Synthesia, enables enterprise users, including HR professionals and marketers, to create high-quality video content in 15 minutes...
Read More »Foxconn Expects Growing AI Demand to Boost Its Server Business This Year
Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023. Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...
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