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Nvidia shares soar after beating earnings forecast
Chip giant Nvidia beat Wall Street’s expectations for revenue and upcoming sales, easing investor concerns about heavy artificial intelligence (AI) spending that have unsettled markets. In its quarterly earnings report on Wednesday, the firm said revenue for the three months to October jumped 62% to $57bn, driven by demand for its chips used in AI…
Why Spotify has no button to filter out AI music
It is a challenge, acknowledges Manuel Moussallum, Deezer’s head of research, but the company’s detection technology has so far maintained a low false positive rate, he says, and research to better understand hybrid cases, where AI is only partially used, is ongoing.
Ozempic-maker Novo Nordisk to cut 9,000 jobs
The maker of Wegovy and Ozempic, Novo Nordisk, has announced it will cut 9,000 jobs weeks after warning that profits will fall as more “knock-off” weight-loss drugs emerge. The redundancies make up 11% of the Danish company’s workforce and mark the first major step by new chief executive Mike Doustdar as Novo Nordisk faces mounting…
