artificial

Baidu Shares Rise on Better-than-Expected Earnings

Baidu Shares Rise on Better-than-Expected Earnings

Chinese internet giant Baidu, Inc. (NASDAQ: BIDU) on Tuesday announced third quarter earnings that beat analysts’ estimates, sending the shares up 3.6%.Chinese search company said total revenue rose 27% to RMB 28.2 Billion (USD 4.11 Billion) i..

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Google Walks Away From America's Security

Google Walks Away From America's Security

Alphabet Inc (NASDAQ: GOOGL) decision to not renew a contract to acquire artificial intelligence for the Defense Department benefited the employees who protested it. It also was a downfall for U.S. national security, patriotism, and the cause of lim..

Sony Predicts Highest Annual Profit

Sony Predicts Highest Annual Profit

On Tuesday, Sony (NYSE: SNE) announced forecasts of highest ever profit this year by restructuring the company and focusing more on gaming and image sensors. Since March of 1998, the company’s earnings have been soaring due to strong sales of ..

Baidu Shares Plummet

Baidu Shares Plummet

Baidu Inc. (NASDAQ: BIDU) expects a disappointing revenue outlook for the rest of the year due to lost advertising sales during this month’s Communist Party Congress which lead to falling shares. The search engine giant expected fourth qu..

IBM invests $240 for AI research with MIT

IBM invests $240 for AI research with MIT

International Business Machines Corp. (NYSE: IBM) and Massachusetts Institute of Technology announced on Thursday that the two plan for 10 year, $240 million investment to create the MIT-IBM Watson AI Lab. The lab’s purpose is to research fund..

Amazon and Microsoft Team up to Integrate Their Voice Assistants

Amazon and Microsoft Team up to Integrate Their Voice Assistants

Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) on Wednesday announced that they are partnering to allow integration between their digital assistants.Customers now are able to activate Microsoft’s assistant Cortana whe..