EdTech Insight – Nvidia shows no signs of AI slowdown after over 400% increase in data center business

by EdTechMate | May 23, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nvidia showcases a robust growth in its data center business, with a 427% increase in the recent quarter, primarily driven by sales of its artificial intelligence processors to key cloud providers. Nvidia’s hardware provides...

EdTech Insight – Nvidia shares pass $1,000 for first time on AI-driven sales surge

by EdTechMate | May 23, 2024 | CNBC, News & Insights

Executive Summary and Main Points Nvidia’s shares reached an unprecedented high, surpassing $1,000 after reporting fiscal first-quarter earnings that exceeded analyst expectations. The results emphasise the surging demand for AI chips, supporting the global AI...

EdTech Insight – Embattled AI firm Appen loses more executives, months after Alphabet cut ties

by EdTechMate | May 22, 2024 | CNBC, News & Insights

Executive Summary and Main Points Recent developments in AI training and service firms exemplify significant shifts in the digital transformation of global higher education. Appen, an AI company known for training models for corporations like Microsoft, Nvidia, and...

EdTech Insight – A Microsoft under attack from government and tech rivals after ‘preventable’ hack ties executive pay to cyberthreats

by EdTechMate | May 22, 2024 | CNBC, News & Insights

Executive Summary and Main Points The cybersecurity landscape has recently seen Microsoft facing significant criticism for its handling of nation-state attacks, particularly from China and Russia. The U.S. government review board has deemed Microsoft’s response...

EdTech Insight – Amazon plans to give Alexa an AI overhaul — and a monthly subscription price

by EdTechMate | May 22, 2024 | CNBC, News & Insights

Executive Summary and Main Points Amazon is revolutionizing its Alexa voice assistant with cutting-edge generative artificial intelligence, set to rival emergent AI chatbots like OpenAI’s GPT-4. This initiative involves crafting a more interactive Alexa,...

EdTech Insight – China’s Honor will have Google AI features, including Gemini, on its upcoming smartphones

by EdTechMate | May 22, 2024 | CNBC, News & Insights

Executive Summary and Main Points In the realm of global higher education dynamics and digital transformation, significant strides are being made by smartphone manufacturers, incorporating next-generation artificial intelligence capabilities into their devices. Honor,...