Nvidia set to replace Intel in the Dow Jones Industrial Average on November 8 — All you need to know

Nvidia set to replace Intel in the Dow Jones Industrial Average on November 8 — All you need to know

Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from November 8, according … Read more

What Ola founder Bhavish Aggarwal’s AI chip ‘moonshot’ means

What Ola founder Bhavish Aggarwal’s AI chip ‘moonshot’ means

New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into an industry with … Read more

Intel rolls out new AI chip ‘Gaudi 3’ to challenge Nvidia’s dominance

Intel rolls out new AI chip ‘Gaudi 3’ to challenge Nvidia's dominance

Intel Corp. is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry.  The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event early Tuesday. The chip is designed to … Read more

Just how rich are businesses getting in the AI gold rush?

Just how rich are businesses getting in the AI gold rush?

The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more