Technology
Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
Nvidia briefly hit USD2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom.
Innovation, critical enabler of transformative climate action: ADB-UN report
Innovation which takes different forms, including the application of new business models, is a critical enabler of transformative climate action, according to a report released by the Asian Development Bank (ADB), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), and United Nations Development Programme (UNDP).
Saudi sovereign wealth fund pitches kingdom as AI hub
The head of Saudi Arabia's Public Investment Fund (PIF) on Thursday pitched the kingdom as a prospective hub for artificial intelligence activity outside the United States, citing its energy resources and funding capacity.
OpenAI introduces AI model that turns text into video
Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday.
Cisco launches Motific to enable groups to navigate Generative AI
NASDAQ-listed Cisco on Monday announced the deployment of Motific, Cisco’s first software-as-a-service, or SaaS, product that allows for trustworthy and compliant generative artificial intelligence, or GenAI, in organizations.
