Finance news

Micron is about to be more profitable than any U.S. company except Nvidia and Google

Big Tech companies are willing to pay astronomical prices for AI memory components, helping spark a dramatic turnaround in Micron’s finances.

The more I follow Palantir Technologies, the less I think it's just an AI software company.

A few years ago I would've described Palantir as a defense contractor with great software. Now I'm not so sure. It feels like it's evolving into an operating system for organizations that need to make decisions from massive amounts of data. The government side is still a huge part of the story, and that's probably not changing anytime soon. Defense, intelligence, logistics, battlefield software... those businesses continue to grow. But what caught my attention recently is how much the commercial

AI in the workplace: “Mistral is an alternative for us”

K Krithivasan, head of the world's largest IT service provider TCS, believes the power of OpenAI and Anthropic is overestimated - and does not believe in a job apocalypse caused by AI.

Hong Kong’s AI push needs a broader vision and more realistic goals

Hong Kong cannot be faulted for not working hard enough to catch up in the global artificial intelligence (AI) race. Government funding is flowing generously towards projects focused on AI adoption. In recent years, the government has pumped billions into building the necessary infrastructure, including HK$2.84 billion (US$364 million) for a semiconductor centre, HK$3 billion for an AI subsidy scheme and another HK$1 billion allocated for an advanced AI R&D institute. In March, the government...

Did Elon intentionality poison the market to prevent OpenAI from an IPO?

Elon was taking OpenAI to court just months ago. It seemed like a way to trip them up from an IPO. Well, Musk lost, and OpenAI prevailed. Was the SPCX IPO price a way to further mess with OpenAI and even Anthropic IPO? Put a price out there that scews the market and buys time? Musk and his lawyers are cuntz and would surely know these effects. submitted by /u/Aggressive_Finish798 [link] [comments]

All dating apps stocks ($MTCH, $BMBL etc...) are about to drop to ZERO

I recently started watching videos on some AI services which can help men can generate incredibly realistic AI images of themselves so that they can show themselves in locations or social situations that are indicative of their status/wealth. Like photos of themselves eating at fancy restaurants in Paris or relaxing on yachts. I am not talking about some fuckass stereotypical-looking chatgpt images. They look so completely real, I think even to zoomers who have gotten very good at picking up on

The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century

You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure required to run it, and that’s where big capital is flowing now. And he’s betting on Bitzero (NASDAQ: AIBZ) to be one of the first to break AI’s biggest chokepoint: power. Bitzero was looking further ahead while most of the rest of the market was narrowly focused on AI software and semiconductors. As a result, on May 5th, Bitzero…

Is $DRAM the greatest ETF ever created objectively?

I think $DRAM has a legitimate case for being one of the most groundbreaking ETFs ever launched. I know it’s not guaranteed to outperform, but because it solved a problem investors couldn’t solve before. If you wanted AI memory exposure, your options were: Buy Micron and hope you picked the winner. Buy SMH/SOXX where memory is only a small allocation. Buy a South Korea ETF just to own SK Hynix and Samsung alongside dozens of unrelated companies. DRAM was the first ETF to offer targeted exposure

Are Semi-Conductors worth investing in at this point? Tech?

Semi-Conductors had a big build up with AI/Tech and are highly valued at this point. SOXX, SMH, SOXQ posted big losses the last week with all tech along with all tech companies. Do you semi-conductors and tech are worth investing in at this point? This is just a dip and the build up will continue to it is over? submitted by /u/Massive_Pain_6677 [link] [comments]

Your health insurer shouldn’t decide your treatment plan. That’s what your doctor — and possibly AI — should be doing.

With a digital health record, clinicians and AI-driven diagnostic tools would be able to see your full health history — and then make better decisions.

The AI trade cooled and oil sank. A closer look at Wall Street's volatile week

Micron finished the week in the red despite a blockbuster earnings report. But falling oil prices was good news for the fight against inflation.

IPOs = sign of impending bubble pop?

Would many ai companies going ipo be a sign of the ai bubble bursting, because the insiders are trying to exit and profit before the circus implodes, by leaving public normie retail investors as bagholders to take on all the subsequent risk? I remain overall bullish on the underlying technology from the AI boom over a long time horizon, but the current intense spending and ongoing political issues seem to indicate market fragility at least in the near term. submitted by /u/Ambitious_Fold_2874 [l

Why did GOOG stock fall so much?

Wondering why it fell so much lately... I'm pondering whether it's going to go down again in case of a rate hike. It seemed lately that it had great results, and it seems like the most obvious player in the tech/ads/AI field since it's present absolutely everywhere and has high-quality output submitted by /u/oulipo [link] [comments]

Alphabet burnishes one of its best weapons in the battle for AI supremacy

The Google parent's homegrown silicon is a big advantage in the AI compute race.

AI turbocharged the stock market. Now it’s firing up the economy.

A modern-day gold rush is giving a big boost to U.S. GDP.

Big Tech is obsessed with smart glasses. Now it has to convince people to wear them.

Smart glasses could become the definitive hardware design of the AI era — if consumers buy in to the idea.

How GE Vernova builds the massive gas turbines powering the AI data center boom

GE Vernova turbines are powering Elon Musk's xAI Colossus 1 data center and Microsoft just bought seven to power its data center in Texas.

SpaceX’s new $11 billion ‘saving grace’ comes with a big catch

The company’s pivot toward offering hardware access to rivals could hamstring its own AI goals.

AI K-pop video pulled after anti-drug message backfires for Hong Kong prison service

Hong Kong’s prison service has withdrawn an anti-drug video featuring a beautiful AI-generated virtual K-pop girl group from social media and revised it after internet users said it resembled a promotion campaign for illegal substances. The Correctional Services Department uploaded the controversial video, titled “Obsession: The Sugar-Coated Trap”, to its social media platforms on Friday. In the video, four pretty AI-generated virtual K-pop idols in fancy clothes sing and dance. One, named...

Looking for great quality reads.

With so many AI generated slop out there regarding investing, I have been looking for great reads - could be recently published articles or publications. Anything out there that is your Top 2 picks? FYI, I have read every good quality investing book out there - some of them few times. and not looking for paid Michael burry type subs. Hopefully this post can also help others to try others’ recommendations as well. Thank you! submitted by /u/ExpensiveFizzyCrab [link] [comments]

Artificial Intelligence: US government restricts access to new AI from OpenAI

In the future, the American government will have a say in who gets access to powerful new AI models. One trigger is the fear of AI being misused for cyberattacks.

The AI cold war needs a nonaligned movement

As China’s tech firms adapt to AI era, workers worry they’ll be ‘optimised’ out of a job

When a friend checked in on a Meituan employee late last month to see if he had survived the latest round of corporate culling at the food delivery giant, he responded drily: “I don’t know whether it will be me next.” Anxieties were running high at the company then, after chat screenshots circulated on Chinese social media claiming Meituan planned to slash up to half of its product roles by the end of June, coupled with deep cuts to other departments. While Meituan quickly denied the rumours,...

US eases ban on AI model Mythos feared to aid cyberattacks

The US government has allowed Anthropic to release its powerful Claude Mythos 5 artificial intelligence model to some “trusted” US organisations, partially reversing an order two weeks ago to suspend access over national security risks. More than 100 companies and institutions will now have access to Mythos 5, including many Fortune 500 companies, according to a source familiar with the new directive, declining to be identified due to the sensitivity of the matter. Concern that powerful AI...

What’s the biggest mistake you have made, that has cost you the most?

I’m researching how traders think about the future with AI. I’ve noticed algorithmic trading and AI are getting exponentially better at finding patterns and predicting markets. I’m building tools to help humans stay relevant and make better decisions as AI gets better at trading. So I’m asking: How do YOU think about staying competitive when AI can do this better? What do you think is the human edge that machines don’t have? Would love to hear from people actually trading about what the future l

Trump admin allows Anthropic to release Mythos AI model to some companies, government agencies: Reports

Anthropic disabled access to its Fable 5 and Mythos 5 models to comply with a government export control directive citing "national security authorities."

Artificial Intelligence: US government restricts access to new AI from OpenAI

The American government now has a say in who gets access to powerful new AI models. One trigger is the fear of artificial intelligence being misused for cyberattacks.

China's Zhipu is closing in on top U.S. AI models with Anthropic and OpenAI held back

Zhipu's GLM 5.2 shows the AI fight is shifting to who delivers the most intelligence per dollar, making open source suddenly a real contender.

ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens

Oracle’s stock missed out on the broader software rally, as the company is tied to OpenAI’s success through its cloud-infrastructure business.

Young Americans feel more threatened by AI than young Chinese. Why?

My four-year-old son has become fascinated with his new friend, who has endless patience and an answer for everything. She is an artificial intelligence assistant on Doubao, one of China’s most popular AI applications. My son, obsessed with space, black holes and galaxies, keeps asking Doubao for related videos. When the video is of low quality or inaccurate, I would stop it and explain it may not be reliable. Despite my concerns about AI-generated information, I let him interact with AI within.