AI stocks valuation, China October trade data
SHENZHEN, CHINA – AUGUST 26: An aerial view of the Shenzhen skyline on August 26, 2020 in Shenzhen,…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
AI Bubble Has Sucked in Legrand, Schneider, Siemens and ABB
If artificial intelligence is indeed a bubble, it’s been inflating a lot of companies in places well beyond…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Tencent Veteran Raises $50 Million, Plans to Launch Rival to OpenAI Sora
The scientist who oversaw development of Tencent Holdings Ltd.’s flagship AI model has raised $50 million with a…
Global Chip Selloff Erases $500 Billion in Value as Fears Mount
The global selloff in semiconductor stocks accelerated on concern over lofty valuations for some of the artificial intelligence…
Nvidia joins $2 billion India deep tech alliance to mentor AI startups
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture…
AMD’s Outlook Fails to Wow Investors After AI-Fueled Rally
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to…
AMD’s Best Month Since 2001 Brings Show-Me Pressure to Earnings
After its best month in the stock market in almost 25 years, Advanced Micro Devices Inc. needs to…
AI and the Fed: The Bank’s Wait-and-See Approach Can’t Last
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs…
Microsoft enters approximately $9.7B contract with IREN that gives it access to Nvidia chips
Microsoft has entered into a $9.7 billion cloud services contract with artificial intelligence cloud service provider IREN that…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…