AI giant Nvidia blows away earnings estimates

For the better part of the past year, Nvidia has led the stock market. And if that proves true on Thursday, it could be an exciting day.

The chipmaker and critical AI component company, on Wednesday, reported first quarter earnings that, as expected, surpassed analyst expectations. Nvidia reported earnings per share of $6.12, compared to an expectation of $5.59 (and str

How AI creates fair lending

Financial inequality remains an unsolved issue. The lack of affordable housing has led to a crisis where long-term wealth generation through homeownership is impossible for many. Closing the wealth inequality gap, which is closely linked to race, has become increasingly difficult due to systemic biases within financial institutions. 

The bias exists because banks and mortgage companies reward simple and straightforward application processing. These rewards include discounted f

Amazon’s Alexa is reportedly getting an AI makeover—and a monthly subscription fee

Alexa was one of the forerunners of digital assistants, but with the rise of generative AI, Amazon’s one-time cultural phenomenon has become less relevant.

Now, however, Amazon could be preparing to unveil an updated version of Alexa, featuring generative artificial intelligence, to better compete with the chatbots that are flourishing online

AI’s giants are still demoing stuff faster than they can ship it

A new AI era begins

Signs displaying that confident declaration were plastered all over Microsoft’s campus when I visited on Monday. I wasn’t sure if it referred just to the Windows-centric AI media briefing the company was holding or also to its Build developer conference, which was starting the following day. But coming the week after OpenAI’s unveiling of its ChatGPT Voice Mode and Google’s

Mastercard taps AI to find compromised credit and debit card numbers faster

Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal.

In its latest software update rolling out this week, Mastercard is integrating artificial intelligence into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before t

How Comcast improved its internet service’s energy efficiency by 40%

The Internet is not exactly a green technology. Whether it’s the electricity gobbled up by servers, PCs and other tools that access and deliver the online world, or the e-Waste that’s piling up in landfills, being connected has its environmental downsides.

Comcast, though, says i

Nvidia stock price closely watched today as another high-stakes earnings report draws near

Nvidia Corporation, the world’s leading GPU chip design company, is poised to announce its latest quarterly earnings after the bell on Wednesday, and market watchers are keenly focused on the results—and what they will mean for the company’s stock value—especially regarding the H200 chips and the transition toward the new Blackwell architecture.

Nvidia’

The Scarlett Johansson deception is part of a pattern for OpenAI and Sam Altman

OpenAI CEO Sam Altman asked the actress Scarlett Johansson—who famously voiced an AI assistant in the 2013 film Her—to do the voice for ChatGPT. She said no. So OpenAI concocted a voice that sounds a lot like that of the actress, and used it without telling her. Now the actress has lawyered up and OpenAI has egg

The former CEOs of Merck and American Express on why executives have gone quiet on social issues

As protests continue to engulf college campuses across the U.S., former Merck CEO Ken Frazier and former American Express CEO Ken Chenault see the unrest as a microcosm of broader society, and a crucial learning moment for business leaders everywhere. Frazier and Chenault share their unfiltered advice about corporate DEI and ESG efforts, what people misunderstand about affirmative action, and how to lead with courage in 2024. 

This is an abridged transcript of an interview

Microsoft and Google’s new AI sales pitches: We’re your last line of defense against your scatterbrained self

Google and Microsoft have spent the last few weeks unspooling enormous ambitions for artificial intelligence, but their smallest-scale showings of this technology—what they call on-device AI, but which you can also think of as offline or cloud-free AI—look the most interesting. And unsettling.

Both companies pose the


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