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Google CEO Sundar Pichai nears billionaire status powered by AI boom

Sundar Pichai is approaching billionaire status, thanks to Google s stock surge under his leadership since 2015. The recent record-breaking earnings reflect AI-driven growth in cloud computing, with the company introducing its first dividend. Pichai s journey from humble beginnings in Chennai to tech success is a testament to hard work and sacrifice.

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As AI boom triggers data centre growth, Schneider Electric steps up to seize the opportunity

Use of artificial intelligence has created the need for enhanced data processing capabilities, and this is leading to a surge in demand for cooling solutions, says Pankaj Sharma, EVP, Secure Power Division & Data Center Business, Schneider Electric.

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Transcripts for BBCNEWS World Business Report 20240604 04:51:00

Accessing american user data. they say there is no national security risk but it does seem like this bill is gaining momentum. it will be a game changerfor tiktok based momentum. it will be a game changer for tiktok based here in singapore, maintains it is a separate company but will still lose millions of users and it would be a game changerfor us china relations and also let s not forget, the millions of american dollars invested in it at the moment. all linked. watching events clearly this weekend in washington. thank you. finally to the subject of shopping, because global retail sales are expected to soar to almost $32 trillion by 2026, up from $26 trillion in 2021, according to industry forecasts. over the next three days the top bosses in the industry will be gathering in paris for the annual world retail congress, to discuss the big issues facing the business. retail is tipped to be one of the big beneficiaries of the ai boom.

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The landscape of the other AI war is set to change

Nvidia dominates the market for GPUs, the central hardware to the AI boom today. However, tech giants and challengers want a bigger slice of that pie.

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