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Microsoft Unveils AMD-Powered AI Chips To Rival Nvidia: Report

By Shivani Kumaresan
May 17, 6:05 AM
Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the demand for Nvidia GPUs, enabling customers to build large-scale AI models.

AMD

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Why Can’t Tesla Just Grant Elon Musk A New Pay Package? Critic And Legal Expert Says CEO ‘Can’t Replicate The Stock-Pumping Feats’ From 2018

By Shanthi Rexaline
May 17, 5:15 AM
If the board were to award a new compensation plan, Tesla would show "massive losses for many years to come," according to Lawrence Fossi.

TSLA

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Google Seeks To Repeat Chromebook Success In Education By Rolling Out ‘Gemini’ AI For Schools, Promises Enhanced Data Privacy

By Ananya Gairola
May 16, 9:37 PM
Google is set to introduce its Gemini AI to schools with enhanced data privacy protections, ensuring that educational data is not used for AI training or shared with third parties.

GOOG

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Bob Iger Makes Rare Appearance At Disney Upfront For First Time Since 1994: Highlights ‘Enviable Portfolio Of Brands, Franchises And Sports’ To Advertisers

By Chris Katje
May 16, 4:52 PM
Bob Iger last appeared on stage at Disney's advertising upfronts in 1994. Is his appearance in 2024 a good sign?

DIS

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What’s Going On With EV Maker Nio Stock Thursday?

By Anusuya Lahiri
May 16, 11:39 AM
Nio Inc (NYSE: NIO) launching its new Onvo brand, offering L60 SUV at a discount compared to Tesla (NASDAQ: TSLA). CEO aims for global sales. NIO stock up.

BYDDF

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Microsoft’s AI Ambition And Data Center Growth Side Effects: Emissions

By Anusuya Lahiri
May 16, 10:57 AM
Microsoft's emissions increased by 29.1% due to data center expansion for AI and cloud computing, competing with Amazon and Google. It plans to use 100% carbon-free electricity by 2030.

AMZN

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Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions

By Anusuya Lahiri
May 16, 9:31 AM
Visa is launching new technology to improve e-commerce, using secure tokens to share customer data. CEO highlights benefits at tech conference.

AAPL

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Nvidia Tops Hedge Fund Buys as Interest in AI Stocks Fuel Market Gains: Bloomberg

By Anusuya Lahiri
May 16, 9:25 AM
Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.

AAPL

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Oklo Is ‘Too Risky,’ Jim Cramer Says: Buy This General Electric Spinoff Instead

By Avi Kapoor
May 16, 8:48 AM
Oklo disclosed a strategic partnership with Atomic Alchemy Inc. to produce isotopes. But it's still "too risky," Cramer says.

CGC

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Lennar, American Tower And A Social Media Giant On CNBC’s ‘Final Trades’

By Avi Kapoor
May 16, 8:41 AM
Lennar posted mixed financial results for its first quarter. Joseph M. Terranova of Virtus Investment Partners named Lennar his final trade

AMT

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