The bank assigned overweight ratings to Cipher Mining and TeraWulf and a more cautious underweight rating to Marathon Digital.
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Shares of legal data service provider Thomson Reuters fell roughly 16% on Tuesday, while shares of LexisNexis parent company RELX fell 14%.
Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.
After launching in November 2024, the company had reached $100 million in annual recurring revenue in just eight months.
SpaceX’s potential monster IPO would come after what’s been a remarkable rebound year for public listings.
In memo this week, Altman promised the release of a new reasoning model next week that bests Google’s Gemini.
Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.
Nvidia faced “the tough task of meeting high earnings expectations and high skepticism around AI capex,” per analysts at Bank of America.
Sam Altman has begun floating the idea that the company could hit $100 billion in revenue by 2027, ahead of previous projections.
Microsoft wants to patent a system to improve how an LLM writes code in response to requests. One step is learning to recognize good code.
Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.
As model providers court government agencies, humans may present a major security threat.
In our increasingly artificial digital age, sometimes internet denizens desire an actual human touch. Enter Reddit.
While Apple has been able to produce a string of TV hits, making successful movies has proven a little more difficult.
“If you compromise that AI, you compromise everything that it’s connected to.”