Nvidia Earnings Show the Strength of AI Spending–and the Company
In a tech industry renowned for short-lived frenzies, some chip executives and analysts see the AI boom as increasingly sustainable.
Source: livemint.com
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Arm Holdings Extends Blistering Rally in Wake of Earnings
Arm Holdings Plc is extending a big rally in the wake of last week’s blockbuster earnings report that showed artificial intelligence spending is bolstering sales.
Source: livemint.com
GenAI spending: Global spending on GenAI software, solutions to reach $143 billion in 2027
The forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending includes GenAI software as well as related infrastructure hardware and IT/business services.
Source: indiatimes.com
BBCNEWS BBC News Special September 26, 2021 15:46:00
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Source: archive.org