Generative AI

Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand

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Nvidia chips supplier SK Hynix reported highest profit in 6 years

SK Hynix, a major supplier of memory chips for Nvidia, recently reported its highest quarterly profit in six years, driven by the surging demand for artificial intelligence (AI) technology. SK Hynix reported a 5.47 trillion won ($3.96 billion) operating profit for the April-June quarter, a stark contrast to the 2.9 trillion won loss a year Read more: Nvidia chips supplier SK Hynix reported highest profit in 6 years amid AI Demand..

OpenAI unveils GPT-4o mini, a cheaper version of top AI model GPT-4

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OpenAI unveils GPT-4o mini, a cheaper version of top AI

OpenAI has unveiled GPT-4o mini, a smaller and more cost-efficient version of its flagship large language model GPT-4. This move aims to make AI more accessible and affordable for a wider range of applications. OpenAI GPT-4o mini key features are: GPT- 4o mini is significantly smaller than GPT-4, making it easier and faster to deploy Read more: OpenAI unveils GPT-4o mini, a cheaper version of top AI model GPT-4..

AWS New York Summit ‘Rapid Advancements in GenAI’: Event key highlights and Analyst views

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AWS New York Summit 2024 held on 10th July

The AWS New York Summit 2024 held on 10th July placed a significant emphasis on generative AI, showcasing its practical applications across various industries. The AWS New York Summit showcased the rapid advancements in generative AI. At the July 10 AWS New York Summit, Dr. Matt Wood, VP for AI Products announced a wide range Read more: AWS New York Summit ‘Rapid Advancements in GenAI’: Event key highlights and Analyst views..