Tag: competitor

Nvidia’s AI Chip Has A Tough Competitor From China

Nvidia’s AI Chip Has A Tough Competitor From China – Huawei’s Latest Ascend 910B Nvidia Corp (NASDAQ:NVDA) faces competition from Huawei Technologies Co’s latest AI chip, the Ascend 910B, which a Huawei executive claims matches or surpasses Nvidia’s A100 in some tests. The Ascend 910B delivers 80% of the A100’s efficiency when training large language […]

United Airlines CEO Scott Kirby wants a new competitor to Airbus and Boeing—but think it’s ‘unlikely’ China’s COMAC fills the gap

Two companies, Boeing and Airbus, have dominated the aviation industry for decades. But Boeing’s recent struggles with safety this year, as well as production shortages for both planemakers, could be pushing carriers to wonder whether it’s time to change up the competitive landscape. “We need more competition in the aerospace business,” United Airlines CEO Scott […]

OpenAI plans to announce Google search competitor on Monday, sources say

By Anna Tong (Reuters) -OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is […]

OpenAI plans to announce Google search competitor on Monday, sources say

By Anna Tong (Reuters) – OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI […]

SoundHound AI Could Have a Serious New Competitor as OpenAI Dives Into Speech Recognition. Here’s The Stock I’m Keeping a Close Eye On.

The amount of applications surrounding artificial intelligence (AI) is astounding. Breakthroughs in generative AI are fueling advancements in accelerated computing, data analytics, healthcare, and more. One area that is quietly emerging as a lucrative growth opportunity in AI is voice-recognition software. Believe it or not, many of the world’s largest businesses are investing heavily in […]

Elon Musk Shows Hand Of Good Faith To EV Competitor Ford But This Surprise EV Maker Saw A 38% Stock Price Decline Because Of Growing Concerns

Tesla Inc. (NASDAQ:TSLA) is collaborating with Ford Motor Co. (NYSE:F), granting the Detroit electric vehicle (EV) automaker access to its extensive supercharger network. While this partnership signifies a step toward cooperation in the competitive EV market, Fisker Inc. (NYSE:FSR) faced a significant downturn in 2023. Fisker’s financial report for the fourth quarter of 2023 shows […]

Eli Lilly Has More Than an Ozempic Competitor — Much More

Over the last year, Eli Lilly‘s (NYSE: LLY) stock is up nearly 120%. This monstrous move has helped propel the pharmaceutical leader to become the largest health care company in the world by market cap. Although Lilly has a number of medications in its portfolio, perhaps its most popular at the moment is Mounjaro. Mounjaro […]

Exxon, Enbridge sued by competitor over crude oil transportation

By Mike Scarcella (Reuters) – Exxon and Canada-based crude pipeline operator Enbridge were sued in Illinois federal court on Tuesday over claims they barred a competitor from building a terminal to ship oil by barge from the Chicago area to refineries in the Midwest and Gulf of Mexico. The antitrust lawsuit from energy infrastructure developer […]