Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's RightsMelinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
Amazon's AI Investment Pays Off with Record ProfitsAmazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
U.S. House of Representatives Bans Use of Microsoft's AI CopilotReuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
How Did Nvidia Become an AI Chip Powerhouse?Nvidia, a U.S. semiconductor company, is a primary beneficiary of the AI boom. Since early last year, its stock price has surged by about 450%, and its market capitalization has exceeded $2 trillion. Nvidia has now established itself as the third highest-valued company in the U.S., following Microsoft and Apple. Nvidia’s growth is steep. Its […]
Microsoft Recruits DeepMind Co-Founder to Head AI DivisionMicrosoft (MS) announced on the 19th (local time) that it has recruited Mustafa Suleyman, co-founder of the artificial intelligence (AI) company DeepMind and also the founder and CEO of another AI startup, Inflation AI, to head its AI business. According to MS’s disclosure, CEO Satya Nadella informed the employees on the same day that “Suleyman […]
Elon Musk vs. OpenAI: Lawsuit Unveils Clash Over Mission ShiftIs Elon Musk upset about the success of OpenAI, in which he invested? Foreign media such as Fortune and CNBC reported on the status and prospects of the lawsuit between Elon Musk and OpenAI on the 6th. Last week, Musk, the CEO of Tesla, SpaceX, X (formerly Twitter), and xAI sued Sam Altman and Greg […]
Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's Rights Melinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
Amazon's AI Investment Pays Off with Record Profits Amazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
U.S. House of Representatives Bans Use of Microsoft's AI Copilot Reuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
How Did Nvidia Become an AI Chip Powerhouse? Nvidia, a U.S. semiconductor company, is a primary beneficiary of the AI boom. Since early last year, its stock price has surged by about 450%, and its market capitalization has exceeded $2 trillion. Nvidia has now established itself as the third highest-valued company in the U.S., following Microsoft and Apple. Nvidia’s growth is steep. Its […]
Microsoft Recruits DeepMind Co-Founder to Head AI Division Microsoft (MS) announced on the 19th (local time) that it has recruited Mustafa Suleyman, co-founder of the artificial intelligence (AI) company DeepMind and also the founder and CEO of another AI startup, Inflation AI, to head its AI business. According to MS’s disclosure, CEO Satya Nadella informed the employees on the same day that “Suleyman […]
Elon Musk vs. OpenAI: Lawsuit Unveils Clash Over Mission Shift Is Elon Musk upset about the success of OpenAI, in which he invested? Foreign media such as Fortune and CNBC reported on the status and prospects of the lawsuit between Elon Musk and OpenAI on the 6th. Last week, Musk, the CEO of Tesla, SpaceX, X (formerly Twitter), and xAI sued Sam Altman and Greg […]
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