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Respondents in Bank of America’s October Global Fund Manager Survey cited an AI bubble as the biggest tail risk facing the global economy.
Broadcom is tight-lipped about its client list, but analysts believe its three biggest customers are Google, Meta and Bytedance.
The rising AI tide continues to lift all tech boats. And we mean all tech boats, even somewhat forgotten giants like Dell.
A nuclear boom is directly downstream from the AI boom, with $350 billion in nuclear spending in the US planned by 2050, per Bloomberg.
Intel has invested more than $20 billion in the new factory, which will churn out its chips in the US for the first time in nearly a decade.
OpenAI will put the chips to work in data centers that’ll power the staggering compute ChatGPT needs to remain everyone’s favorite therapist.
As AI platforms take the place of search engines, a move into shopping could further upend the established tech order.
Universal and Warner are said to be pushing AI startups to develop an attribution system that can track when an artists’ music is used.
And yet, last week, Tesla scored a couple key brownie points from Wall Street analysts. So why the optimism?
Unfortunately for Intel, the deal does not provide a direct lifeline to its floundering chipmaking foundry business.
Meta will likely soon face competition from Amazon, Alphabet, Snap and other tech firms with augmented-reality glasses in development.
Between 2000 and 2002, after the dot com bubble popped, the Nasdaq lost nearly 80% of its value, wiping out trillions of dollars in wealth.
Oracle said its remaining performance obligations is now sitting at $455 billion. That’s up 359% from where it stood just a year ago.
Mistral has been hailed by policymakers as key to Europe’s ambitions to compete with dominant US and Asian rivals.
So far, Tesla has launched limited rideshare services in Austin and the Bay area, and it’s looking to expand into Florida, Arizona and Nevada.