Key Points: Nvidia's impressive fourth-quarter performance propels its stock up by 15.12%, driving positive sentiment in the tech sector. Moderna surprises with a fourth-quarter profit, boosting its stock by 10.97%. Rivian faces a significant downturn in its stock price following...
Key Points: Jasper, a writing assistant startup, has acquired Clipdrop from Stability AI, an AI-powered photo application. The acquisition marks Jasper's expansion into serving corporate clients and represents a strategic shift for Stability AI. Clipdrop, founded in 2020 and based in Paris, had raised seed investment before being acquired by Stability AI in March 2023....
Key Points: Google plans to begin Pixel smartphone production in India in the next quarter, initially focusing on the Pixel 8 Pro. This move signifies Google's effort to diversify its manufacturing beyond China and tap into the thriving Indian smartphone market. The strategy aligns with the industry trend of 'China+2', aimed at enhancing supply chain...
Key Points: Apple enters the sports arena with the launch of Apple Sports, its first sports-focused app. The app offers real-time scores, key statistics, and live betting odds for various sports leagues. Initial data includes live updates from the NBA, NHL, MLS and coverage of March Madness. Apple Sports distinguishes itself by being ad-free at...
Key Points: Hyundai and Kia aim for 4.2% sales growth in India in 2024, targeting 893,000 vehicle sales. Hyundai expands...
Key Points: Japan's Nikkei share average hits a record high, surpassing the 1989 bubble-era peak. Nikkei closes at 39,098.68, marking...
Key Points: Intel unveils an ambitious semiconductor roadmap, including introducing a 14A node for 1.4 Nanometer technology. Faces competition from...
Key Points: Bayesian inference, a widely used scientific technique, has been accelerated by introducing deterministic ADVI (DADVI). DADVI automates the...
