August 28, 2023

AMD specific news

AMD announces RX 7800 XT and RX 7700 XT for $499 and $449 (Proactive)edit

AMD officially added two new GPUs to its Radeon RX 7000 series RX 7800 XT and RX 7700 XT. Announced at the recently concluded Gamescom 2023 that took place in Germany, the company says the new GPUs are based on AMD’s new Navi 32 GPU and can comfortably run the latest titles on 1440p (2K).

Publication: The Indian Express, IGN, Gaming Dope, Gameishard Gg, TechnoSports, Tech Power Up

AMD brand mentions

Could the GPU Crisis Put India’s Innovation at Stakeedit

The UK Prime Minister Rishi Sunak is planning to spend USD 126.3 million to buy AI chips as a part of the country’s plans to improve its AI resources and become a leader in AI. Reportedly, his administration is already in talks with major AI chip makers such as NVIDIA, AMD, and Intel.

Publication: Analytics India Mag

Competition in news

Qualcomm unveils new chips for handheld gaming devicesedit

Qualcomm has unveiled its new Gseries gaming chips, which will power Android based handheld devices in the near future. Qualcomm s gaming portfolio now contains the G3X Gen 1 processor, which powers the Android based Razer Edge gaming handheld, but the expanded lineup includes many chips with varying degrees of functionality and performance for different market segments.

Publication: Techno Sports Co

Qualcomm announces its first console first Snapdragon G series processorsedit

Qualcomm unveils its first set of chips designed for fanless handheld gaming consoles. Currently, the series has a total of three processors Snapdragon G1 Gen 1, Snapdragon G2 Gen 1, and the Snapdragon G3x Gen 2, the most powerful of the lot.

Publication: The Indian Express

Today in AI: Microsoft president calls for more AI regulation, Nvidia introduces DLSS 3.5 and moreedit

Nvidia introduces AIen hanced DLSS 3.5 for all RTX graphics cards DLSS 3.5 promises to boost frame rates in ray tracing applications.

Publication: Money Control

Nvidia, reconsiderededit

It ticked up to 5.9 per cent yesterday. One contributor: a 0.5 percentage point boost from sold-out Taylor Swift and Beyoncé concerts plus the Barbenheimer phenomenon, according to Bloomberg Economics estimates. We await Jay Powell’s comments on this at Jackson Hole today.

Publication: Money Control

NVIDIA Sells GPUs, Not Shovelsedit

By now, most of you are familiar with the infamous meme doing the rounds on the internet When everyone digs for gold, sell shovels. This very aptly captures the gold rush created by generative AI, depicting NVIDIA selling shovels, while Microsoft, Google, and Meta are busy buying them. Ironically, we wish it was as easy as selling shovels instead of GPUs.

Publication: Analytics India Magazine

Nvidia’s $25 billion buyback a headscratcher for some shareholdersedit

Nvidia s move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off guard, even as they cheered a stellar second quarter report.

Publication: Live Mint

Nvidia market reaction shows US rally is over, says Morgan Stanley s Wilsonedit

Nvidia shares edged lower before the open in New York on Friday. The bearish strategist who recently conceded that he was too pessimistic in his outlook for 2023 said the broader market reaction to the US chipmaker s blowout forecast was a perfect indicator of a market peak.

Publication: Money Control

Nvidia is worth $240 a share not $400500 at present: NYU s Aswath Damodaranedit

Nvidia on August 23 exceeded expectations as the company reported revenue of $13.51 billion, which was up 101 percent from a year ago and up 88 percent from the previous quarter for the quarter that ended on July 30, 2023 A company that has managed to find and dominate markets such as gaming, Crypto and AI just ahead of exponential growth is US chipmaker Nvidia, which has managed to make the best of the opportunity, said Aswath Damodaran, Professor of Finance, NYU Stern School of Business.

Publication: Money Control

Nvidia Broadcast vs Adobe Podcast: Which is Better for Podcastingedit

YouTuber struggle with the audio background when recording their podcasts, especially if they don t have a professional noise removal setup.

Publication: The Week

Nvidia is riding on the AI Boom making profit in GPU marketedit

Nvidia is the one firm that is truly benefiting from the AI explosion. Team Green has just released its fiscal year 2024 second quarter results, and despite the general fall in the technology industry, the company set multiple earnings records.

Publication: Techno Sports Co

NVIDIA GeForce RTX 50 Series GPUs gets listed Onlineedit

The RTX 50 series GPUs from NVIDIA have been listed at the ECC by AFOX, but let s hold off on the hoopla just yet. The fact that AFOX is a Taiwanese firm and not an official board partner of NVIDIA should serve as a reminder that you should proceed with caution if you hear this rumour.

Publication: Techno Sports Co

Can the Nvidia Rocket Ship Power Stocks Through a Slowing Economyedit

Chip maker Nvidia s blowout results have raised a crucial question for a flagging stock market: whether this year’s AI powered rally still has legs.

Publication: Live Mint

Why Generative AI Could Grow After Bad Nvidia Earningsedit

After all, the Generative AI shot heard round the world was fired May 24 when chip designer Nvidia forecast much faster than expected second quarter growth sending its market capitalization up $250 billion. That left the investment world on edge in the days leading up to its second quarter results. But the chip designer did not disappoint instead it grew faster than expected and raised its guidance.

Publication: Forbes

Intel 14th Gen Raptor Lake Refresh Processor Prices Revealededit

Intel is expected to launch its 14th Gen Raptor Lake Refresh CPUs in October, with higher frequencies and core counts.

Publication: Forbes

Identity access management software market to reach USD 43.30 Bn by 2030: Reportedit

Market players such as Broadcom, IBM Corporation, Microsoft Corporation, Dell EMC, Intel Corporation, Oracle Corporation, SailPoint Technologies Inc, Google, Ping Identity Corporation, and Centrify Corporation are at the forefront of this transformation.

Publication: ET CIO

India set to become a tech and manufacturing leader , says Sandra Riveraedit

It’s an exciting time to be here, it’s a wonderful market for us to serve and the ecosystem to invest in, she told FE in a recent interview.

Publication: The Financial Express

Could the GPU Crisis Put India’s Innovation at Stakeedit

The UK Prime Minister Rishi Sunak is planning to spend USD 126.3 million to buy AI chips as a part of the country’s plans to improve its AI resources and become a leader in AI. Reportedly, his administration is already in talks with major AI chip makers such as NVIDIA, AMD, and Intel.

Publication: Analytics India Mag

Partner in news

IMDA, Dell and Equinix to spearhead Singapore’s green digital infrastructure deploymentedit

This collaboration with IMDA and Dell to build green digital infrastructure is another key milestone to support Singapore s green agenda, as well as businesses sustainable digital transformation journey and sustainability goals.

Publication: ET CIO

Dell Technologies Launches Partner First Strategy for Storageedit

Dell Technologies announces its Partner First Strategy for Storage, which designates more than 99 percent of Dell s customers and potential customers as partner-led for storage sales.

Publication: CXO Today

Sony Unveils PlayStation Portal: A New Frontier in Portable PS5 Gamingedit

Initially known as Project Q, the PlayStation Portal was revealed during the PlayStation Showcase event in May. Operating through the PS Remote Play service, the device requires WiFi connectivity.

Publication: Times Now News

Good news: The first sale of Lenovo Tab P12 tablet in India is on this day, this is specialedit

Lenovo s new tablet is now ready to enter the Indian market. We are talking about the Lenovo Tab P12, which was launched by the company in the EU last month.

Publication: Hindustan

Dell: U.S. trade chief flags concerns over India’s license mandate for laptop, tablet importsedit

U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation’s new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement.

Publication: ET Telecom

Industry news

B20 Digital Transformation Task Force recommends easy finance for MSMEs, harmonising cybersecurity frameworks across G20 countriesedit

Micro, small, and medium enterprises ( MSMEs ) should be given access to sustainable finance amidst favourable regulatory framework to facilitate their digital transformation , and promote digital trust by harmonising cybersecurity frameworks across G20 countries , recommended a B20 India task force Friday.

Publication: The Economic Times

Gen AI more of an assistant: Salesforce India CEOedit

Artificial Intelligence and generative technology is more of an assistant rather than a self-functioning unit, and it is difficult to say if it will work on its own in the future, Salesforce India CEO Arundhati Bhattacharya said on Friday.

Publication: DT Next

India needs to export talents skilled in AI: Microsoft Vice Chairedit

Microsoft President and Vice Chairman Brad Smith on Thursday said India needs to export talents skilled in artificial intelligence. While speaking at a US India Strategic Partnership Forum event, Smith said the health of democracies is at stake and there is a need to find new ways to sustain economic growth.

Publication: Tech Hindustan Times

Now’s the time for semiconductor manufacturing in Indiaedit

The company I lead develops memory chips that are essential to modern computing. As computing becomes more pervasive and intertwined in all aspects of our daily lives, the demand for semiconductors generally, and memory in particular, continues to rise.

Publication: Times of India

U.S. trade chief flags concerns over India s license mandate for laptop, tablet importsedit

U.S. trade chief Katherine Tai has raised concerns with India over the Asian nation s new order mandating licenses for the import of laptops, tablets and personal computers, according to a statement.

Publication: The Print

NTT’s data center capacity in India are fully bookededit

NTT’s data center capacity has been completely prebooked in all the data center campuses which are in construction in Kolkata, Noida , Chennai and other parts of Maharashtra, Ravi Kumar, Senior Vice President, Global Delivery, NTT Data said Last year the Japanese conglomerate had announced its plans to invest $2 billion over the next four years in hyperscale data center campuses and undersea cables.

Publication: The Hindu Business Line

Modi on AI: PM calls for global framework for ethical use of Artificial Intelligenceedit

He underlined the importance of the ethical use of AI to promote the good of everyone rather than a few. This can be achieved only if countries and businessmen work together for the common good.

Publication: Tech Hindustan Times

India seeks to help frame discourse on AI regulationedit

The TRAI s July recommendation on forming an international body for responsible AI is broadly in line with an approach enunciated by Sam Altman, the founder of OpenAI the company behind ChatGPT who had called for an international regulatory body for AI, akin to that overseeing nuclear non proliferation.

Publication: The Indian Express

How AI, blockchain and virtual reality are shaping the way we manage propertiesedit

Gone are the days when buying, selling, and managing properties were among the most tedious and challenging processes for individuals, be it living in the same city or relocating from another

Publication: Financial Express

Right To Explanation: India’s Need For Fair AIedit

The provision of the “right to explanation” as outlined in the European Union’s (EU) data protection law, i.e., the General Data Protection Regulation (GDPR), provides a panacea to this by governing ‘decision making’ by complex algorithms used by AI. Despite being the most populous country, India lacks AI regulations for emerging societal challenges, politics, data privacy, crime, and welfare.

Publication: The New Indian Express

Infosys signs women’s tennis champ Iga Swiatek as brand ambassadoredit

By leveraging artificial intelligence (AI), the partnership aims to amplify Swiatek’s training, focusing on her strengths and devising match strategies.

Publication: Hindi Business Standard

Digital Safety Net India’s Newedit

Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, sheds light on the provisions of the new law, why some exemptions have been revoked, and how they will deal with newer challenges. There are carefully carved out exceptional circumstances, which the government/ public service delivery must have for the larger objective of law and order and maintaining safety, he says.

Publication: The Economic Times

AI will contribute to job creation: Chandrasekaranedit

During a panel discussion at B20 Summit India 2023, N Chandrasekaran, Chairman of Tata Sons and B20 India Chair, expressed that artificial intelligence (AI) will contribute to job creation than job loss in India.

Publication: The New Indian Express

AI helps paralysed woman speakedit

A groundbreaking medical technology has empowered a severely paralyzed woman to communicate through a digital avatar by converting her brain signals into speech and facial expressions. Here are the details. AI has helped 47-year-old stroke patient speak

Publication: Navbharat Times

Back India ranks 5th in countries with most AI investmentedit

Total investments in AI startups in India stood at $3.24 billion in 2022, placing it ahead of South Korea, Germany, Canada and Australia, among others. Those ahead of India in the list are the US, China, the UK and Israel

Publication: Tarun Bharat

Wipro bets on Capco, Cloud, and AI to power BFSI revenueedit

Information technology (IT) major Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor the banking, financial services & insurance (BFSI) sector which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision.

Publication: Business Standard

AI has to remain under human controledit

What is your take on India’s data protection law? It’s a positive development. There are a few features that I think are interesting and important.

Publication: Business Standard

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