NVIDIA Corp. is investing USD5 billion in Intel Corp. as part of a landmark collaboration to co-develop custom data center and personal computer products aimed at accelerating artificial intelligence (AI) and high-performance computing applications across enterprise, hyperscale, and consumer markets.
NVIDIA, the tech giant that is the world’s most valuable stock, reported second-quarter revenue of USD46.7 billion, up 56 percent year-on-year, fueled by soaring demand for its Blackwell AI platform. Revenue was also up 6 percent from the first quarter, suggesting growth momentum is still intact.
Shares of Advanced Micro Devices (AMD) and Nvidia climbed on Tuesday after both companies announced plans to resume sales of their artificial intelligence (AI)...
NVIDIA, a global leader in accelerated computing, on Wednesday reported revenue of USD44.1 billion in its first quarter ended April—up 12 percent from the previous quarter and 69 percent year-over-year — as global demand for artificial intelligence infrastructure continued to soar. The company reported a 31 percent jump in first quarter net income to USD19.9 billion.
The Manila Economic and Cultural Office (MECO) has welcomed Taiwan’s plan to set up its first cross-border recruitment center in the Philippines, a move that could reshape how Filipino workers access overseas jobs and how much they pay to get there.
The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
Manila Electric Company (Meralco) reminded the public to observe electrical safety as New Year celebrations draw near, warning that careless use of fireworks and overloaded electrical connections could lead to accidents and power interruptions.
Public Works Secretary Vince Dizon on Tuesday rejected what he called baseless and malicious claims by Rep. Leandro Leviste that he approved budget “insertions” or “allocable” funds for flood control projects.