Kneron, a rising artificial intelligence chip startup, unveiled its latest products in an effort to capitalize on the increasing interest in AI from businesses and provide an alternative to industry giants such as Nvidia and AMD. The company introduced the KNEO 330, its second-generation “edge GPT” server, which is designed to cater to businesses looking
Enterprise
In a world where staying connected is crucial for businesses and individuals alike, Cisco’s ThousandEyes internet monitoring unit has taken a significant step forward. On Monday, the company unveiled new artificial intelligence-powered capabilities that promise faster prediction and diagnosis of internet outages and disruptions. This new technology, known as Digital Experience Assurance (DXA), aims to
Dutch digital bank Bunq, recognized for its distinctive rainbow-colored cards and catering to digital nomads, faces challenges in securing a banking license in the UK. The firm had initially launched in the UK in 2019 but was compelled to withdraw from the market in late 2020 due to Brexit regulations. The passage of Brexit had
In a surprising move, Nvidia CEO Jensen Huang unveiled the company’s latest AI chip architecture, dubbed “Rubin,” just months after announcing the upcoming “Blackwell” model. This new chip architecture was introduced ahead of the COMPUTEX tech conference in Taipei, showcasing Nvidia’s accelerated pace of innovation in the AI chip market. The shift from a two-year
The software and enterprise tech industry faced a challenging week as various companies reported shrinking deals or delayed transactions. Salesforce, one of the leading cloud software vendors, witnessed a significant drop in its shares, falling almost 20% after posting weaker-than-expected revenue and giving disappointing guidance. CEO Marc Benioff mentioned that the rapid growth experienced during
The recent report on Dell Technologies’ fiscal first-quarter results has caused quite a stir in the stock market. Shares of Dell fell by more than 16% after the company disclosed a lower-than-expected artificial intelligence server backlog and a potential decline in margins. Despite beating analysts’ expectations for the quarter, investors were not satisfied with the
In a shocking turn of events, shares of Salesforce plummeted 20% on Thursday morning, marking one of the worst trading days for the company in nearly 20 years. This significant drop comes just days after Salesforce reported fiscal first-quarter results that fell short of Wall Street’s expectations for the first time since 2006. Salesforce reported
The value-for-money positioning of PDD, along with the success of its Temu marketplace, has catapulted the company to the forefront of China’s e-commerce arena. Analysts have noted that PDD Holdings has become the most valuable company in the segment, surpassing even industry giant Alibaba Group. The surge in PDD’s shares, up 109% in the past
Jan Leike, a key safety researcher at OpenAI who recently left the organization, has announced that he is now part of the rival AI startup, Anthropic. This move comes shortly after his resignation from OpenAI and the disbanding of the superalignment group that he co-led. Despite the challenges of leaving his previous role, Leike expressed
Ryan Salame, a once highly respected figure in the cryptocurrency world, has recently been sentenced to a staggering 90 months in prison followed by three years of supervised release. This hefty sentence far surpasses the initial expectations of many, including the prosecution, who had suggested a milder punishment of five to seven years. Salame’s defense