Big Tech earnings highlighted big spending on AI. What it means for Nvidia

Big Tech earnings highlighted big spending on AI. What it means for Nvidia

Nvidia (NVDA) has needed help from its Big Tech friends to become Wall Street’s artificial intelligence darling. Those friends haven’t left the party yet. In their earnings reports this week, Club holdings Microsoft (MSFT), Alphabet (GOOGL), Facebook-parent Meta Platforms (META) and Amazon (AMZN) indicated continued investments to advance their AI ambitions — a good sign…

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Amazon, Google, Meta, Microsoft and other tech firms agree to AI safeguards set by the White House

Amazon, Google, Meta, Microsoft and other tech firms agree to AI safeguards set by the White House

WASHINGTON (AP) — President Joe Biden said Friday that new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI safeguards brokered by his White House are an important step toward managing the “enormous” promise and risks posed by the technology….

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