The most advanced graphic cards Nvidia’s are selling more than $40,000 on eBay, as demand rises for chips to train and deploy the artificial intelligence software. In March 2023, the company has announced several initiatives to broaden it reach in artificial intelligence (AI) including partnerships and new products as well.

According to the reports, Nvidia’s H100 processors noted by 3D gaming pioneer and former Meta consulting the technology chief John Carmack tweeted on Twitter. Reports reveal, at least eight H100s listed that eBay at prices ranging from $39,995 to just under $46,000 and retailers offered in the past for around $36,000.

The data by the company says, H100 is Nvidia’s latest flagship AI chip succeeding by the A100 around…

The global microchip industry is split between several geographical regions, according to the data from the semiconductor industry association shows. The design of the components is carried out mainly in the United States and South Korea, and the manufacturing and packaging are done in Taiwan and China. The semiconductor industry is mainly divided into several distinct stages – design, manufacture, and assembly of components.

Some companies that can do all the required steps in the semiconductor industry are called embedded device manufacturers (IDMs), like Samsung and Intel. The companies which do not have manufacturing facilities and design only electronic chips are known as fabless companies. Semiconductor revenue totaled USD 599.6…

China has become the largest car exporter and has overtaken Japan in the first three months of 2023. China has exported 1.07 million vehicles in this period, which is up 58 percent as compared to the first quarter of 2022, as per the official figures released in May. Japan's vehicle export has also risen 6 percent from 2022.

The demand for electric cars and sales to Russia has boosted China's exports. In 2022, China overtook Germany to become the world's second-largest car exporter. China exported almost 3.2 million vehicles in 2022 compared to Germany's 2.6 million vehicle exports, per the data given by China's General Administration of Customs.

According to BBC, the shift from fossil fuels in China has helped China's motor industry to…

The European central bank is focusing on scrutinizing lenders' liquidity reserves and may lay down strict guidelines for individual firms by the end of 2023. The bank's annual review of the risks faced by the banks will pay mindful attention to the management of liquid funds, including the potential for higher standards on critical metrics like the liquidity coverage ratio.

The collapse of Credit Suisse in March 2023 and Silicon Valley Bank in the United States has raised questions on how truly prepared banks are to take the strain on deposits; the effectiveness of the metrics investor and using regulators to measure their capacity to withstand a crisis.

Liquidity is a part of banking supervision; therefore, watchdogs are more focused on…

Tesla is leading the market with its electric vehicles. The EV giant witnessed a share price drop of up to 6 percent in overnight trading.

Tesla recently published its first quarter results. After the price cuts by the company of as much as 20 percent, Tesla's CEO strategy of investing in the long-term market shares over a short-term profit has led to a point y-o-y drop in the gross profit margin in the first quarter. It is three points more than expected by the analysts and the lowest since the fourth quarter of 2020.

The company's entire focus is now firmly on volume. According to the reports, the company also reported a quarterly delivery record of 422,875 vehicles which is 36 percent more than the first quarter of 2022. Even after…

Economic condition of every country is changing with new initiatives in the field of business. The world of business economy a new law of startups has been started to be an independent entrepreneur yet contributing towards the growing economy.

According to the reports, some 170,000 people have been surveyed across 49 countries and territories based on number of people who felt it is good for the entrepreneurs to correlate with the ones who would go and give an entrepreneurial idea a shot. As per the recently released reports, the Global Entrepreneurship Monitor shows that some nations have fearless entrepreneurs who would not be dissuade while there are also places having more timid populations to cite the fear of failure as the main…

India’s biggest trading partner on account of increasing economic ties in between two countries is the United States.

The United States emerged as the emerged as the biggest trading partner in 2022-2023. As per the reports, the provisional data of the commerce ministry the bilateral trade between the United States and India has been increased by 7.65 percent to $128.55 billion in 2022-2023. It was $119.5 billion in 2021-2022. And in 2020-2021, it was $80.51 billion.

In 2022-2023, exports to the US rose by 2.81 percent to $78.31 billion. It was $76.18 billion in 2021-2022. According to the reports, the imports grew by 16 percent to $50.24 billion. In 2022-2023, India’s commerce with China decreased by about 1.5 percent to $113.83 billion…

The main trading partner of China is Brazil. The reports say, China is accounting for the 31.3 percent of Brazil’s exports. The United States followed the next with 11.2 percent, in Argentina 4.2 percent and in the Netherlands 3.3 percent. In 2023, Brazil’s main supplier is China with 22.8 percent; in United States with 17.7 percent; in Argentina with 5.3 percent and the Germany 5.1 percent.

According to the reports, the bilateral trade in Brazilian-Chinese is strengthening year-on-year, increased by some 11 percent in 2022. This trade increase with $157.5 billion, as per the reports of the UN’s Comtrade database. But the figures may also differ from each other in different sources.

As per the reports by Planalto, Brazil is the top export…

Twitter’s new feature is helping it to gain more popularity. Recently, it has launched italic and bold formatting. It has also begun to offer a subscription product for the users who want to provide for the paid subscriber only content to followers.

Twitter’s paying Twitter Blue customers have the access to the enhanced features. According to the reports, Twitter has launched a new feature which allows its users blue subscribers to tweet up to ten thousand characters in messages. It will be supporting bold and italic formatting too.

Again, Twitter Blue is the company’s subscription product that offers more features in comparison to the free version also including a blue checkmark. It also costs $8 per month if signing up through Twitter.

To manage the balance of economic growth with the global issue of the climate crisis. It is obvious that manufacturing goods, extracting materials, and growing economy of the huge nations is highly energy intensive and produces more waste also in the form of carbon emissions.

Brazil with -34.2 percent stood out for its absolute drop in emissions in 2022. According to the analysts, the fall is due to clean energy generation increased beyond the high demands. According to the reports, gas generation also fell by 46 percent in the country. The hydropower has also dominated the electricity mix of 63 percent and 428 TWh. The wind and solar power have exceeded the global average of 12 percent which accounted for 15 percent of the country’s…

Oil prices fell in May 2023 upon the demand for fuel in top global oil consumers. The consumers like the United States and China offset the bullish sentiment on tightening supplies from the organization of the petroleum exporting countries plus (OPEC+) cuts and renewal in the U.S. buying for reserves.

According to Reuters data, Brent crude futures fell 26 cents to USD73.91 a barrel by 0638 Greenwich Mean Time (GMT). The United States West Texas Intermediate Crude also fell 20 cents, USD69.34 a barrel.

In the second week of May 2023, Brent crude and West Texas Intermediate Crude fell for a consecutive week. It is the most extended stripe of weekly declines since September 2022, which concerns the United States, which could enter a…

Google has announced two new pixel smartphones in its input/output (I/O) opening keynote in May 2023. The first one, Google Pixel 7A, is affordable, and the other one, Pixel Fold, is almost four times the price of the Pixel 7A. Pixel 7A is Google's first foldable smartphone with a 7.6 inches screen when it is flipped open. This foldable and flip-open feature of Pixel Fold brings it closer to the iPad mini's 8.3 inches screen.

Google started the "made by Google" Pixel smartphones in 2016. But even after having attractive prices for the pixel smartphones and good reviews for them, the company could never crack the smartphone market just by selling a small fraction of the devices alongside the market leaders like- Samsung, Apple, and Xiaomi…

The global banking system is a crisis hit due to many geo-political problems. Gold is the only asset that has given good returns to investors more than their expectations. Due to instability in the global economy, gold prices rose, which is an all-time high till date.

The price of gold reached INR 61,490 per 10 grams on the Multi Commodity Exchange (MCX). In the first quarter of 2023, when the stock market was even more volatile due to global economic conditions, gold as a commodity gave stellar returns among all other asset classes. Even gold's charm was intact among the retail investors irrespective of its high price.

In the financial year 2022-2023, the gold price was INR 52,000 in April 2022, and the price has risen to INR 60,000 by…