Half of the 10 most valuable companies on Earth are making metaverse hardware
The metaverse is dead, long live the metaverse. Go to Source
Nvidia
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Apple used Google’s chips to train its AI — where does that leave Nvidia?
Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market. Go to Source
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws. Go to Source
UK-based tech startup could become Nvidia of quantum
Riverlane’s error-correction chips could do for quantum computing what Nvidia’s GPUs did for artificial intelligence. Go to Source
Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value. Go to Source
Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing
The two companies face antitrust probes in the US and EU over their partnership. Go to Source
Nvidia delays next gen AI chip as investors issue ‘bubble’ warning
After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker. Go to Source
Tech stocks plummet as Intel nosedives, Nvidia faces antitrust probe
It’s layoff season again as big tech and the semiconductor industry fail to meet investor expectations. Go to Source
Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’
We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia. Go to Source
‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%. Go to Source