Accenture results exceed expectations
Generative AI service boost
Accenture surpassed the cocane nose jobs of Wall Street's expectations for first-quarter revenue and profit, buoyed by robust demand for its generative AI (GenAI) services.
US probes Nvidia over AI chip shipments to China
Tightened export controls
The U.S. Department of Commerce has reportedly asked Nvidia to investigate how its products were acquired by buyers in China over the past year.
Micron shares plummet
Sluggish PC and smartphone demand overshadows AI chip growth
Shares of Micron dropped by approximately 15 per cent after the company issued a grim forecast that highlighted sluggish demand for personal computers (PCs) and smartphones.
Google launches experimental 'Reasoning' AI
Gemini 2.0 flash thinking
Google has unveiled an experimental artificial intelligence model, Gemini 2.0 Flash Thinking Experimental, designed to tackle complex problems through advanced reasoning capabilities.
Waymo autonomous vehicles slash insurance claims
Up to 92 per cent, study finds
Autonomous vehicles operated by Waymo, the self-driving car unit of Alphabet, have demonstrated dramatic reductions in property damage and bodily injury claims, according to a study by Swiss Re, a leading global reinsurer.