Nvidia’s CEO, Jensen Huang, recently revealed that the next-generation graphics processor for artificial intelligence, known as Blackwell, will come with a price tag ranging from $30,000 to $40,000 per unit. This hefty price point is justified by the new technology required to develop this advanced chip. Huang mentioned that Nvidia had to invest around $10
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Sony’s highly anticipated sequel to Ghostbusters: Afterlife, titled Ghostbusters: Frozen Empire, is projected to have an opening weekend box office of around $45M. This sequel, set in the iconic Ghostbusters universe, follows in the footsteps of its predecessor which opened to $44M during the pandemic in 2021. The franchise has already accumulated an impressive $945.2M
In a recent announcement, Microsoft revealed that Mustafa Suleyman, one of the co-founders of DeepMind, has been hired to lead the Copilot AI initiatives at the tech giant. Suleyman will take on the role of executive vice president and CEO of Microsoft AI, reporting directly to CEO Satya Nadella. This move marks a significant shift
Taylor Swift’s latest concert film, The Eras Tour, has taken the world by storm on Disney+. The film has achieved a groundbreaking milestone with 4.6 million views, making it the highest viewed music film ever on the platform according to the studio. Swifties showed their immense support by watching a total of 16.2 million hours
Following the latest box office numbers, it has been confirmed that Warner Bros/Legendary Entertainment’s Dune: Part Two has successfully crossed the $500 million mark globally. With a total of $498.1 million by the end of Sunday, the Denis Villeneuve sequel managed to collect an additional $5.2 million from international markets on Monday. This brings its
Nvidia’s recent unveiling of its new generation of artificial intelligence chips, named Blackwell, has caused a stir in the tech world. While CEO Jensen Huang touted the chips as a significant advancement over the current Hopper graphics processing units, the reaction in the stock market has been mixed. Mixed Analyst Reactions Analysts at Bernstein were
Bentley Motors, the famed British luxury carmaker, has decided to push back its plans to exclusively offer all-electric vehicles by the end of this decade due to changing market conditions. The CEO, Adrian Hallmark, mentioned that the company remains committed to carbon neutrality and exclusively offering EVs, but now plans to do so a couple
Recently, Wells Fargo reiterated its Overweight rating on NVIDIA and raised the share price target. This decision was made following the GTC 2024 keynote by NVIDIA CEO Jensen Huang. The adjustment in the share price target from $840 to $970 indicates the investment firm’s bullish outlook on the company’s future prospects. The keynote presentation at
The Bank of Japan recently made a historic shift away from its unorthodox policy of negative interest rates and massive monetary stimulus that it had held for the past eight years. This move marks a significant change in the central bank’s approach to reflating growth and stimulating the economy. Let’s take a closer look at
Ethiopia’s largest bank, the state-owned Commercial Bank of Ethiopia, found itself in a huge predicament after a glitch over the weekend allowed customers to withdraw unlimited funds. Reports from local media indicated that more than $40 million was withdrawn or transferred to other banks, as customers exploited the system flaw and withdrew more funds than