OpenAI’s quarterly revenue hit $10 billion for the first time in the three months ending in September, according to people familiar with the matter, driven by strong demand for its latest artificial intelligence software. The ChatGPT maker’s revenue increased nearly 50% from the prior quarter…
Category: Tech
What we know — and what we don’t — as Nvidia investigates an alleged spy plot involving its CEO – CNBC TV18
Stunning allegations of a spy plot have prompted investigations into Nvidia CEO Jensen Huang’s affair with a purported Chinese government agent. Over the weekend, Huang admitted to having an extramarital affair and acknowledged that news reports surrounding the relationship and potential national security concerns led…
IBM to end visa, green card sponsorship for most roles in its consulting arm – CNBC TV18
IBM said on Tuesday that it was ending US visa and green card sponsorship for a majority of roles in IBM Consulting, which employs more than 150,000 people. The move comes amid tight scrutiny of foreign tech hiring by Donald Trump’s administration. Last month, it…
Digital arrest scams: Supreme Court wants WhatsApp to spell out how it will protect users – CNBC TV18
The Supreme Court has asked WhatsApp and other digital intermediaries to spell out the measures they propose to undertake to prevent digital arrest scams and related cybercrimes, directing them to submit their proposals to the Indian Cybercrime Coordination Centre (I4C) as well. In an order…
Jensen Huang: The man in the leather jacket who built Nvidia’s $5 trillion AI empire – CNBC TV18
It is a Sunday night in May at Taipei’s Raohe Street Night Market, and a crowd has gathered around a grilled corn stall. The man at the centre of it is wearing a black leather jacket. The queue is long, so he makes the vendor…
Anthropic targets $1 trillion IPO valuation in test of Wall Street’s AI fervor – CNBC TV18
Anthropic’s IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark test of whether Wall Street’s faith in the AI boom outweighs concerns over its risks. The company is targeting a valuation of up to $1.02…
Culper Research flagged Nvida CEO Huang’s alleged Chinese spy connection 6 months before scandal – CNBC TV18
Nvidia has arguably been at the centre of the AI revolution that has taken over the post-pandemic landscape, entering every horizon. Now, Nvidia remain and its founder-CEO Jensen Huang remains at the centre of it, but with a different accent ot it. Huang reported relationship…
Nvidia CEO Jensen Huang’s affair wipes $7 billion off his fortune in a day – CNBC TV18
Troubles continue to mount for Nvidia CEO Jensen Huang, who is facing allegations of being involved with a suspected Chinese spy. Since the news broke, Nvidia shares have taken a plunge, down nearly 14% in the last five trading sessions. As a result, Huang’s net…
Connectivity: Why the next leap depends on platforms, not just projects — a RITES perspective – CNBC TV18
Integration is not just about connecting roads to railways or ports to freight corridors; it is also about linking the information systems that enable these networks to function, writes Rahul Mithal, Chairman and Managing Director, RITES. For years, India’s infrastructure story was told in the…
‘No ordinary CEO’: Why the AI race cannot do without Nvidia’s Jensen Huang – CNBC TV18
On the streets of Taipei and Seoul, fans of Nvidia CEO Jensen Huang mob him for autographs on books, posters and sometimes even on their bodies. In private, even billionaires Larry Ellison and Elon Musk were once reduced to “begging” for his coveted AI chips.…