OpenAI CEO Sam Altman Wonders About Interest Rates When Capitalists Have ‘More And Better Ideas Than Ever Before’
"At what rate should you be willing to borrow money to build a data center if extremely powerful AI is close at hand?"
Artificial Intelligence ETF Holders Are 37% Richer: But Regulators See ‘Emerging Threat’ To Stability
Janet Yellen, calls AI an 'emerging threat'. Yet, AI is driving many Technology stocks to new highs, and AI ETFs are up 37-68% YTD.
OpenAI Takes On China: Company Files Trademarks For Future AI Models
OpenAI seeks entry into Chinese market after filing trademarks for two future models, GPT-6 and GPT-7.
ETFs Tracking Meme Stocks Experience A Resounding Surge As Investors Chase Year-End Equity Rally: ‘Animal Spirits Are Starting To Run Hot Again’
The meme stock wave that made headlines in 2021 is back in focus as the latest market rally pulls speculative bets back into the spotlight. Investors are showing renewed interest in these stocks as the end of the year approaches.
Generative AI Is As Transformative As The Telephone, Bank Of America Says: 10 Stock, ETF Trading Ideas
Artificial intelligence has been on the minds of companies and investors throughout 2023 as one of the top trending items.
Bank of America noted the impact artificial intelligence can have on several sectors going forward and made the claim it could be highly disruptive.
AI’s Legal Challenge – Jury to Unravel Thomson Reuters and Ross Intelligence Dispute
Thomson Reuters Corp (NYSE: TRI) will face Ross Intelligence in court, as a Delaware federal judge ruled that a jury should decide the lawsuit's outcome.
Ernst & Young’s Ambitious AI Agenda: $1.4B Investment, EY.ai EYQ, and Workforce Training
Consulting firm Ernst & Young disclosed a significant investment of $1.4 billion into artificial intelligence and the introduction of its proprietary large language model, EY.ai EYQ. EY also unveiled plans to provide AI training to its extensive workforce comprising 400,000 employees.
AI’s Growing Influence: Over 7,000 Mentions In Q2 Earnings Calls Boost Stocks
There’s no doubt that artificial intelligence is earning a spot in the list of groundbreaking technological revolutions, quickly…
Expect ‘Limited Reaction From China’ To Biden’s Quantum, Semiconductor Investment Order, Analyst Says
On Wednesday, President Joe Biden signed an executive order restricting certain U.S. investments in China’s key technology sectors.…
US Credit Rating Cut Triggers Surge In Treasury Yields: 7 ETFs Experience Wild Swings
U.S. Treasury yields experienced a significant surge on Wednesday, influenced by a combination of factors including elevated issuance…