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Nvidia will be replacing Intel in the Dow Jones Industrial Average. In the past several years, it has fallen from grace, failing to jump on the AI train in time. The S&P Dow Jones Indices said Friday that Nvidia will replace Intel on the Dow Jones Industrial Average, a blue-chip index intended to project the most relevant picture of the US economy. Habana helped launch Intel's next-generation Gaudi AI chip for businesses this year. AdvertisementEven if Qualcomm acquired Intel, it's unclear what it would do with Intel's manufacturing operations.
Persons: , Dow, Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Dan Morgan, Morgan Organizations: Intel, Nvidia, Dow Jones, Qualcomm, Service, VMware, Bernstein Research, Apple, Reuters, Microsoft, Systems, Habana Labs, Companies, AMD, Samsung, Wall Street, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana, Synovus
Why all eyes are on Intel now
  + stars: | 2024-09-24 | by ( Helen Li | ) www.businessinsider.com   time to read: +8 min
Read previewOnce a Silicon Valley leader, Intel has been a staple of the computer chip-making business for decades. Even if Qualcomm acquired Intel, it's unclear what it would do with its manufacturing operations. Which Intel lacked," tweeted Bryan Catanzaro, vice president of applied deep learning research at Nvidia, who previously worked at Intel as an intern on the Larrabee project. The CPUs that made Intel big now have presented what Logan Purk, senior analyst at Edward Jones, called "the inventor's dilemma," when newer technology replaces established incumbents. Mobile chipmaker Qualcomm approached Intel to acquire its chip-designing business and, later, a merger deal, Reuters and the Journal reported, respectively.
Persons: , Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, chipmaker, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Mobile chipmaker, Dan Morgan, Morgan Organizations: Service, Intel, Business, Wall, Journal, Qualcomm, VMware, Bernstein Research, Atlantic, Apple, Microsoft, Systems, Habana Labs, Nvidia, Companies, AMD, Samsung, Mobile, Mobile chipmaker Qualcomm, Reuters, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana
Nvidia's GPUs are in high-demand — and the company is using AI to accelerate chip production. The chip giant's custom AI model, ChipNeMo, aims to speed up the chip design process. It comes as companies race to get their hands on Nvidia's limited supply of chips to build their AI. AdvertisementCompanies are vying for Nvidia's limited supply of GPUs — used to train and build AI products — as the AI sector booms. Nvidia has developed an AI system known as ChipNeMo that aims to speed up the production of its GPUs.
Persons: , Bryan Catanzaro Organizations: Service, Nvidia, Wall Street, Business Locations: Nvidia's
[1/3] Police officers carry boxes into a police building in Mainz, Germany, May 3, 2023, after German police arrested dozens of people across the country on Wednesday in an investigation of the Italian 'Ndrangheta organised crime group, German public prosecutors and state police said. REUTERS/Timm... Read moreMILAN, June 27 (Reuters) - Dozens of people have been arrested in a new police raid against the 'Ndrangheta mafia that has revealed how its multiple illegal activities have spread as far as Austria and Germany, Italian authorities said on Tuesday. Suspects, including politicians from the 'Ndrangheta home region of Calabria, face charges including mafia association, murder, extortion, fraud, rigging of public contracts, bribery and vote buying, police said in a statement. Prosecutors from the German town of Stuttgart and the German federal police cooperated with the investigation, they added. The alleged 'Ndrangheta network ran illegal trades from the south to the north of Italy in real estate, catering, fruit and vegetable and livestock trading, security services and video-poker, Italian police said.
Persons: Timm, Read, Nicola Gratteri, Emilio Parodi, Stephanie van den Berg, Alvise Armellini, Christina Fincher, William Maclean Organizations: Police, REUTERS, Mafia, Prosecutors, Europol, Austrian, Cosa Nostra, Thomson Locations: Mainz, Germany, MILAN, Austria, Calabria, Stuttgart, Italy, Austrian, Europe, Italian, The Hague
As the engine behind large language models (LLMs) like ChatGPT, Nvidia is finally reaping rewards for its early investment in AI. Nvidia counts on China for about one-quarter of its revenue, including sales of its popular AI chip, the A100. Nvidia Founder and CEO Jensen Huang shows CNBC's Katie Tarasov a Hopper H100 SXM module in Santa Clara, CA, on February 9, 2023. Nvidia founders Curtis Priem, Jensen Huang and Chris Malachowsky pose at the company's Santa Clara, California, headquarters in 2020. "We invented this new way of doing computer graphics, ray tracing, basically simulating the pathways of light and simulate everything with generative AI.
Un veteran de război din Calabria, Italia, în vârstă de 85 de ani, și-a cedat vaccinul anti-COVID-19 unei tinere de 23 de ani, care suferă de cancer, scrie digi24.ro. S-a întâmplat în urmă cu câteva zile în Calabria, unde bărbatul, un veteran de război și fost miner din Gimigliano, localitate din provincia Catanzaro, și-a oferit ajutorul unei tinere dintr-un orășel aflat la câțiva kilometri distanță, Cicala. Fata de 23 de ani, bolnavă de cancer, a primit cadoul surpriză din partea lui Giuseppe Trapasso. „Mi-aș dori ca cei care au cel mai mult nevoie să facă vaccinul”, a spus bătrânul, transmite La Stampa, potrivit Mediafax. Giuseppe Trapasso i-a transmis tinerei de 23 de ani „să își poată trăi zilele în deplină libertate”.
Persons: Giuseppe Trapasso, Pasquale Montilla, Mediafax . Organizations: Mediafax Locations: Calabria, Italia, Gimigliano, Catanzaro, Italiei
Poliția italiană a anunțat vineri că l-a arestat pe Domenico Bellocco, unul dintre liderii unei familii proeminente din temuta grupare mafiotă 'Ndrangheta, relatează DPA, preluat de Agerpres. Guardia di Finanza a precizat că Bellocco se ascundea într-o fermă din Mongiana, la circa 50 de kilometri sud-vest de Catanzaro, în regiunea Calabria din sudul țării. Bellocco, un membru proeminent al familiei criminale cu același nume, era căutat pentru asociere mafiotă și trafic de droguri. 'Ndrangheta provine din regiunea sudică sărăcită Calabria și a depășit Cosa Nostra din Sicilia ca principala grupare mafiotă din lume. Această organizație criminală s-a extins mult în afara Calabriei și a intrat puternic în Europa, America de Nord și Australia și este considerată principala grupare care introduce ilegal cocaină în Europa.
Persons: Domenico Bellocco Organizations: Agerpres, Cosa Nostra Locations: Guardia, Finanza, Catanzaro, Calabria, Rosarno, sărăcită Calabria, Cosa, Sicilia, Europa, America de Nord, Australia
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