Nvidia Corp has partnered with the University of Florida to develop the fastest artificial intelligence-based supercomputer with higher education as part of the $70B worth project, the chipmaker reported.
Snap missed its user growth estimates by reporting it rose 17% to 238M in the Q2, while analysts had expected 238.44 new users, with the company's shares falling 6% on the news.
Fiat Chrysler Automobiles and Waymo, the autonomous car company, are expanding their self-driving vehicle partnership to a commercial vehicles for moving goods, both firms stated on Wednesday.
According to people with knowledge of the matter, Germany's payment firm Wirecard has appointed Alix Partners to carry out a forensic investigation on the missing $2.17 billion.
On Tuesday, the US Congressional Democrats, Republicans and the White House moved into a day of talks to reach an agreement on a new COVID-19 stimulus package.
Spotify Technology has launched a video podcasts, with a feature that allows users to switch to audio-only mode, the company announced on Tuesday.
According to a court document, the US Department of Justice has indicted two Chinese citizens, Li Xiaoyu and Dong Jiazhi, for hacking coronavirus researchers and defence contractors.
The German financial services provider Wirecard AG hired AlixPartners, a US consulting firm, to conduct a forensic investigation aimed at finding the employees involved in the disappearance of $2.17B.
The US Nvidia Corporation joined forces with the University of Florida to construct an AI supercomputer, $70M invested in the project.
On Tuesday, Wells Fargo & Co has named Mike Santomassimo as a new Chief Financial Officer to replace John Shrewsberry after his retirement in the 2020 fall.
On Tuesday, Coca-Cola stated its demand for sodas is returning to growth after posting a 28% sales drop in the company's "most challenging" quarter of 2020 amid the coronavirus lockdowns.
Germany's Uniper is set to draw up a plan to decarbonise its EU gas-fired power plants by 2021 in cooperation with General Electric, it announced on Tuesday.
IBM and Adobe are set to cooperate to make marketing software easier to use for banks that face strict regulations over how sensitive data must be handled.
TikTok, the video-sharing application, has revealed its plan to add around 10K jobs in the US during the following three years, reporting it currently has 1.4K employees in the country.
Microsoft's LinkedIn, the professional networking site, reported on Tuesday that it would slash around 960 jobs, which is 6% of the company's global workforce, amid the coronavirus pandemic.
Toyota Motor is set to produce 2% fewer cars globally this August than initially planned, as the Japanese automaker's production recovers gradually after a major fall due to the coronavirus pandemic.
On Tuesday, Novartis's CEO Vas Narasimhan stated that the coronavirus pandemic caused "extremely disruptive environment" that clouded the 2020 revenue outlook of the Swiss drugmaker, after posting a fall in its quarterly profit and sales.
On Tuesday, the crude oil price benchmarks reached high levels that had not been seen since March.
Microsoft, Nike, Starbucks, Unilever and five more industry giants from various sectors tie up into the group called "Transform to Net Zero" to combat global carbon emissions.
The Soundcloud founders are set to launch the Berlin-based e-bike subscription start-up, hoping their experience in forming a new community will ensure the service is more sustainable compared to bike-sharing.
Chevron is set to acquire Noble Energy, gas and oil producer, in an all-stock deal worth $5B, the largest bid since the COVID-19 crisis hit demand for global fuel and sent prices for crude to their historic lows.
IBM reported its Q2 profit and revenue topped analysts' forecasts, driven by the strength of the company's cloud computing business, tumbling its shares 6% on the results.
Walmart Canada is planning to spend C$3.5B in the following five years to bolster its e-commerce business amid the coronavirus pandemic prompting a major shift to online shopping.
China may retaliate against the telecom gear makers Ericsson and Nokia if the EU bloc joins Britain and the US in banning Huawei from 5G networks, according to the Wall Street Journal.