Explore business insights, trends, and tips to boost success and stay competitive.
Semiconductors
Apple has revealed its use of Amazon Web Services' (AWS) custom artificial intelligence (AI) chips for services such as search, and it is exploring the potential of Amazon’s Trainium2 chip for pretraining its proprietary AI models like Apple Intelligence. This announcement came during Apple’s rare public acknowledgment
Artificial Intelligence (AI)
Amazon has introduced the Nova family of AI models, designed to generate text, images, and videos. This suite includes: * Amazon Nova Micro: A text-only model optimized for low-latency responses at minimal cost. * Amazon Nova Lite: A multimodal model offering fast processing for text, images, and videos at a very low
Business Insights
Stoli Group USA, the American arm of the renowned vodka producer, has filed for Chapter 11 bankruptcy protection. This decision stems from a severe cyberattack in August 2024, ongoing legal disputes with Russia, and financial challenges. Cyberattack Impact In August, a ransomware attack disrupted Stoli's primary operational systems,
Economy
The U.S. manufacturing sector showed signs of recovery in November 2024, with the S&P Global U.S. Manufacturing PMI improving to 49.7, up from October's 48.5. Though still below the neutral 50.0 threshold, the index indicates a slower contraction in the sector
Semiconductors
Jeff Bezos has invested in Tenstorrent, a Canadian AI chipmaker led by Jim Keller, a renowned figure in semiconductor design. This investment is part of Tenstorrent's recent Series D funding round, which raised over $693 million, valuing the company at $2 billion. Other participants in this funding round
Business Advice
Starting and running a business is one of the most rewarding yet challenging endeavors a person can undertake. Beyond skills, strategy, and resources, one quality stands above the rest: resilience. These 6 reasons enable entrepreneurs to navigate highs and lows, adapt to unforeseen challenges, and sustain their businesses through adversity.
E-commerce
Shein and Temu, two rapidly growing e-commerce platforms, are significantly influencing consumer behavior this holiday season by encouraging impulse purchases through various strategies. Aggressive Online Marketing Both companies have substantially increased their online marketing efforts, bidding heavily on search keywords, including those of competitors, to capture consumer attention. This approach
Cloud Computing
At AWS re:Invent in Las Vegas, Amazon Web Services (AWS) announced major updates to its data centers, focusing on efficiency, sustainability, and AI performance. The key highlight is the adoption of liquid cooling for its AI-focused Trainium2 chips and NVIDIA GB200 NVL72 systems, addressing the intense heat of next-gen
Marketing
YouTube is the second-largest search engine in the world, making it a prime platform to showcase your content and grow your audience. Ranking higher on YouTube can significantly increase your visibility and help you reach your goals, whether it’s building a brand or generating revenue. Here are 5 proven
Cloud Computing
Amazon Web Services (AWS) has announced the general availability of its Data Transfer Terminal, a physical facility designed to enable faster and more secure data uploads to the AWS Cloud. The service is now available in Los Angeles and New York, with plans to expand globally. What Is AWS Data
Business Insights
OpenAI, the innovative startup behind the widely popular ChatGPT, is setting its sights on a monumental milestone: reaching 1 billion users by the end of next year. This ambitious target reflects OpenAI's vision of becoming one of the most widely used platforms globally, rivaling tech giants like TikTok
Small Business
U.S. small businesses remain heavily reliant on Chinese imports, despite existing tariffs and the looming threat of additional levies from the Trump administration. Efforts to diversify supply chains face significant challenges, including high domestic labor costs, a shortage of skilled workers, and potential tariffs on alternative manufacturing hubs like