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20199 articles published since 08 Mar 2022

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Nvidia revenue rockets on demand for powerful chips
Nvidia revenue rockets on demand for powerful chips
Technology

Nvidia on Tuesday reported that its revenue more than tripled in the recently ended quarter as companies snapped up chips to power artificial intelligence (AI). Sales of chips now requiring export licenses to China and other affected markets have accounted for a fifth to a quarter of Nvidia's data center unit revenue over the past few quarters, according to the company.

The twists and turns of an OpenAI meltdown
The twists and turns of an OpenAI meltdown
Technology

Silicon Valley star Sam Altman was suddenly ousted from the top spot at OpenAI as it led the race to artificial intelligence, only for the ambitious tech guru to be scooped up by Microsoft. Microsoft quickly moved to hire Altman, announcing a deal to have him join the Redmond, Washington-based computing colossus to lead a new artificial intelligence team.

Home sales in US slow in October to fresh 13-year low
Home sales in US slow in October to fresh 13-year low
Economy

Sales of existing homes in the United States slipped more than anticipated in October to a new 13-year low, according to industry data released Tuesday, on stubbornly low inventory and high mortgage rates. "While circumstances for buyers remain tight, home sellers have done well as prices continue to rise year-over-year, including a new all-time high for the month of October," he said.

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