Nvidia Corporation, a leader in the artificial intelligence (AI) chip sector, has managed to capture a staggering 80% of the market share associated with AI graphics processing units (GPUs). These chips are crucial for the development and deployment of generative AI software, which has seen rapid advancements and heightened interest over the past few years.
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In what marks a pivotal moment for Meta Platforms Inc., European Union regulators have imposed a staggering €798 million ($841 million) fine on the tech giant for its anti-competitive practices related to Facebook Marketplace. This decision not only serves as a wake-up call for Meta but also underscores the increasingly rigorous scrutiny that technology companies
The recent release of Tesla’s third-quarter vehicle production and delivery figures has stirred significant reactions within financial markets and the automotive industry. While the company reported impressive numbers, the stock’s response—a decline of 3.7%—suggests that investor sentiment reflects deeper concerns beyond just the headline figures. Below, we dissect the elements of Tesla’s report, the competitive
Dell recently released its quarterly results, surpassing Wall Street expectations with a revenue of $25.03 billion, compared to the expected $24.53 billion. The company also reported an adjusted EPS of $1.89, exceeding the estimated $1.71. Net income increased by 85% to $841 million, showing a significant improvement from the year-ago period. Despite facing challenges, such
E.l.f. has taken a bold step in becoming the first official beauty partner of Hot Girl Walk, a fitness organization aimed at empowering women through movement. In a strategic move to align with this partnership, the cosmetic company released a two-minute video that parodied televised sports competitions, featuring Olympian Gabby Douglas and actor Patrick Warburton
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