AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity

Posted under: AI technologies
Date: 2024-06-28
AI Surge Drives Tech Industry Growth for Micron, Alibaba and Perplexity

The AI boom is transforming tech, with giants and startups attracting major investments. Micron Technology reported strong Q3 results driven by AI demand. Alibaba.com rolled out AI tools to help small businesses. SoftBank’s Vision Fund is eyeing a multi-million-dollar investment in AI-powered search startup Perplexity, potentially valuing it at $3 billion, highlighting AI's growing influence.

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