Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom. A mix of online hype, a tiny free float and India’s swelling base of retail investors locked the RRP Semiconductor stock at the upper circuit for 149 consecutive trading sessions. (AI Image) RRP Semiconductor Ltd., which […]
India is drawing fresh attention from global fund managers looking to diversify equity investments in the coming year as worries over an AI bubble mount. With the AI frenzy fading and India’s stock valuations falling back near their five-year average after sharply trailing peers this year, the consumption-driven economy is back in favour. (Reuters) Aberdeen […]
Nvidia Corp. delivered a surprisingly strong revenue forecast and pushed back on the idea of an AI bubble, easing concerns that had spread across the wider technology sector. “There’s been a lot of talk about an AI bubble,” Nvidia CEO Jensen Huang says. “From our vantage point, we see something very different.” (AFP) The world’s […]
Microsoft, Nvidia and Anthropic have formed an alliance, with Anthropic committing $30 billion to Azure for its Claude AI models. Dario Amodei, CEO and co-founder of Anthropic. (AP) The partnership details: 1. Anthropic to buy $30B of Azure compute capacity 2. Nvidia to invest $10 billion in Anthropic 3. Microsoft to invest $5 billion in […]
Bitcoin is in free fall—and traders are positioning for more pain. The Fed and AI bubble talk are two major headwinds for crypto and risk assets heading into the end of the year. (Reuters) The world’s largest cryptocurrency plunged below $91,500 Monday, deepening a selloff that’s erased all of its gains for the year. In […]
A hedge fund of Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”, has sold off all its holdings in Nvidia Corp., amid rising concerns of an AI bubble. Peter Thiel, the first outside investor in Facebook and leader of the “PayPal Mafia”. (Reuters) Thiel Macro LLC offloaded its entire […]
A hype makes a bubble: AI has been a magnet for heavy investments, which are now being feared as a function of unrealistic promises, creating the so-called ‘AI bubble.’ If AI fails to deliver, that bubble will be considered as having popped. Whether it really is a bubble is largely disputed among tech executives and […]
Sam Altman has pushed back at the idea that OpenAI Inc. would seek federal guarantees to reduce the risk of its AI infrastructure spending spree, one day after a top executive at the ChatGPT maker suggested there may be a role for the government to help finance the technology. OpenAI CEO Sam Altman says it […]
