đź’¨ Abstract
Cerebras Systems, an AI chip firm, reported a threefold increase in annual revenue for 2023, as per its U.S. IPO filing. The surge in AI adoption by businesses has boosted companies providing AI-related semiconductors, with Nvidia's stock doubling in value this year. However, AI stock euphoria concerns led some investors to exit the sector earlier.
Courtesy: theprint.in
Suggested
US government audits cases of Somali US citizens for potential denaturalization
UK calls for restraint over China's military drills around Taiwan
Ukraine drone attack damages port, gas pipeline in Tuapse, Russia says
Head-on train crash near Peru's Machu Picchu kills driver, injures dozens
Ukraine targets Moscow with drones, Russia says
Guinea coup leader Doumbouya wins presidential election, results show
Guinea coup leader Doumbouya wins presidential election, provisional results show
Germany's Merz tells Europe to assert itself to safeguard peace, prosperity
US NATO envoy casts doubt on Russian claim that Ukraine attacked Putin’s residence
US judge blocks Trump plans to end of deportation protections for South Sudanese migrants