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Nvidia nears record high as AI demand fuels forecast

BLOOMBERG Nvidia Corp shares were set to hit a record high in early trading after the chipmaker at the forefront of an industrywide artificial intelligence (AI) race delivered a third-straight sales forecast that surpassed Wall Street estimate. Shares rose 8.7% to $512 before markets in New York opened on Thursday after Nvidia said sales will be about $16 billion in ...

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Snap appoints India head, announces revamp

BLOOMBERG Snap Inc is appointing a former Google executive to lead its India operations as it strives to become a major social media force in a key growth market. Pulkit Trivedi will start as Snap’s managing director for India, the Snapchat parent said. The company also announced a new, localised organisational structure for the region, with teams such as those ...

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Twilio unveils AI tools to broaden customer data

BLOOMBERG Twilio Inc is launching new AI-powered features in its suite of data management services, responding to customer demand on how best to use the emerging technology to expand their businesses. With the new tools, clients will be able to generate suggestions about marketing strategy and use internal data to build automated contact support services, the company announced ahead of ...

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