Michael M. Santiago Nvidia (NASDAQ:NVDA) CEO Jensen Huang has sold another 240,000 shares of company stock for $30.7M, according to an SEC filing. Prices for the shares ranged from $125.91 to $130.33. They were sold in a series of sales made on July 5 and July 8. Huang sold theContinue Reading
Today, Amazon SageMaker announced a new inference optimization toolkit that helps you reduce the time it takes to optimize generative artificial intelligence (AI) models from months to hours, to achieve best-in-class performance for your use case. With this new capability, you can choose from a menu of optimization techniques, applyContinue Reading
As generative artificial intelligence (AI) inference becomes increasingly critical for businesses, customers are seeking ways to scale their generative AI operations or integrate generative AI models into existing workflows. Model optimization has emerged as a crucial step, allowing organizations to balance cost-effectiveness and responsiveness, improving productivity. However, price-performance requirements varyContinue Reading
blackred ADRs of Immuron Limited (NASDAQ:IMRN) traded lower in the premarket on Wednesday after the Australian biotech announced plans to raise up to about $2M in funding through an at-the-market (ATM) equity offering. ATM programs allow listed companies to raise capital at existing market prices. Unlike traditional secondary offerings, whereContinue Reading
dk_photos Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) struck a deal with Massachusetts Attorney General Andrea Campbell’s office on Thursday to resolve a multi-year lawsuit regarding the classification status of drivers working for the two companies. The agreement will see Uber (UBER) and Lyft (LYFT) agree to raise their minimum payContinue Reading
With the advent of generative artificial intelligence (AI), foundation models (FMs) can generate content such as answering questions, summarizing text, and providing highlights from the sourced document. However, for model selection, there is a wide choice from model providers, like Amazon, Anthropic, AI21 Labs, Cohere, and Meta, coupled with discreteContinue Reading
Targa Resources (NYSE:TRGP) on Monday announced that William Byers will join the company as CFO. Byers previously served as the CFO at Manchester Energy and executive vice president and CFO at Navitas Midstream Partners. The company also said that Jennifer Kneale, current CFO, will become president of finance and administration.Continue Reading
DNY59 Freeport Resources (TSXV:FRI:CA) (OTCQB:FEERF) said on Monday that the mineral exploration company has raised ~$4.4M so far as part of an ongoing private placement. The company provided an update on the non-brokered private placement offering on June 17. The up to $7M offering will now consist of up toContinue Reading
