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NEW YORK :U.S. stocks ended sharply lower on Thursday as enthusiasm over Nvidia's quarterly results faded and robust economic data fueled concerns over tighter-for-longer monetary policy.U.S. Treasury yields turned higher after the data.All three major U.S. stock indexes gathered downward momentum in a
Amazon.com Inc’s (NASDAQ:AMZN) cloud unit announced a partnership with AI startup Hugging Face to simplify running thousands of AI models on Amazon’s custom computing chips. On Wednesday, Amazon and Hugging Face announced a collaboration to enable this on Amazon Web Services (AWS) custom chip called Inferentia2, Reuters reports. Valued at $4.5 billion, Hugging Face has become a key platform for AI researchers and developers to share chatbots and other AI software. Also Read: Amazon Heats Up AI B
Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.
U.S. stocks turned negative on Thursday as enthusiasm over Nvidia Corp's quarterly results faded and robust economic data fueled concerns over higher-for-longer monetary policy. U.S....
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of artificial intelligence development, rose on Thursday after a positive sales