Page 2 - Maxa Cherney News Today

Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at...

Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia, with details to be given at...

Microsofts clusters of Advanced Micro Devices flagship MI300X AI chips will be sold through its Azure cloud computing service. They will give its customers an alternative to Nvidias H100 family of powerful graphics processing units (GPUs) which dominate the data center chip market for AI but can be hard to obtain due to high demand.

Ampere Computing: Qualcomm, which dominates the market for mobile phone chips, has been working to break into the market for AI chips in data centers since 2019 with a power-efficient offering of its own. Ampere and Qualcomm said on Thursday they have integrated their chips into a single data center server.

Ampere Computing on Thursday said it was pairing its chips with those from Qualcomm in a new offering aimed at lowering the power bills from operating artificial intelligence chips. Founded by Renee James, a former president of Intel, Ampere uses technology from Arm Holdings to make central processing chips that are used by Oracle, Alphabet's Google and others. The startup has focused on making chips that are more energy efficient than industry leaders Intel and Advanced Micro Devices.

Apple Inc: On the regulatory front, Apples services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.

Apple's quarterly results surpassed expectations. The tech giant unveiled a record $110 billion share buyback program.

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history.

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up almost 7% in extended trade. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro.

By Stephen Nellis, Max A. Cherney and Yuvraj Malik (Reuters) -Apple on Thursday reported a smaller than expected decline in quarterly revenue, and Chief Executive Tim Cook told Reuters the company expects a return to sales growth in the current quarter...