Finance news

Investing for my family's future.

Hello, I am a 34 years old, and thinking of my family's future after we gave birth of my son, I didn't know I need this until I saw my son and for our future.. I looked up onto AI for answers, and suggested starting with trade republic or Scalable. buying vanguard etf monthly, Is it really okay to follow AI suggestions? is it true enough? I don't know where to start. I live in Germany and I don't want to rely on our Pension. Thanks to those who understand submitted by /u/Any_Swing2033 [link] [co

Hong Kong to open first convenience store operated by humanoid robot in AI push

Hong Kong will soon open its first convenience store operated by a humanoid robot as part of the city’s push to integrate AI into everyday life and deepen residents’ understanding of the technology, the finance chief has said. Financial Secretary Paul Chan Mo-po also revealed on Sunday that a high-level government committee dedicated to AI development in Hong Kong had been formed and would hold its first meeting this month. The 24-hour convenience store was located on the waterfront in Hung Hom.

Artificial intelligence: OpenAI wants to convert ChatGPT into a “super app”.

According to a media report, the software company wants to supplement its chatbot with programming tools and AI agents. In this way, the company wants to attract more corporate customers.

Artificial intelligence: OpenAI is apparently planning a massive conversion of ChatGPT into a “super app”

According to a newspaper report, the AI ​​group OpenAI wants to comprehensively restructure ChatGPT. New tools, partner services and a focus on business customers are intended to secure growth.

KI: OpenAI is probably planning a massive conversion of ChatGPT into a “super app”

In order to boost sales before a possible IPO, OpenAI wants to expand ChatGPT, according to a media report. In this way, OpenAI also wants to keep up better with its competitor Anthropic.

Trump to meet AI leaders to discuss US investment in their companies

US President Donald Trump is planning to meet the bosses of some of the country's most notable artificial intelligence (AI) companies to discuss the government taking a financial stake in their future. Speaking on Air Force One, Trump said the goal of the US government investing in AI companies was to "create almost a partnership with the American public". He expects to meet leaders of major AI companies at the White House - likely next week. Although the president did not name specific companie

Frontier AI shock: Japan's analog layer offers a resilience lesson

Trump AI policy adviser Sriram Krishnan to leave position

A top White House artificial intelligence policy adviser on Saturday said he will leave his position at the end of June, marking the exit of a leading ‌figure helping craft policies for frontier technologies. “This journey has been the privilege of a lifetime,” the adviser, Sriram Krishnan, posted on social media. Krishnan did not give a reason for leaving, but wrote in the post he intends to help “tackle some of the large challenges facing America” related to AI. Krishnan has been involved in..

AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants

The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a California export terminal that has been blocked for nearly two decades. The centerpiece is $425 million distributed under the Defense Production Act to 13 existing coal plants across West Virginia, Kentucky, North Carolina, Indiana, Tennessee, Arkansas, Arizona, Oklahoma

What are your thoughts on AI bubble, is it real or not?

- What is your opinion on the AI bubble? - If AI is really a bubble, why hasn't it burst already, especially after many of the industry's challenges and limitations became widely known? - Why does the market continue to invest so heavily in it? -:Do you think these massive investments will ultimately be justified? - For example, data centers may remain useful for many years, but what about the hardware and equipment inside them? - Will they generate enough profit before they need to be replaced

Abel goes his own way with new Berkshire investments, including billions for AI

Warren Buffett tells CNBC's Becky Quick new Berkshire Hathaway CEO Greg Abel has "launched" with his first major deal.

Apple’s WWDC will be a make-or-break moment for the company’s fledgling AI strategy

At Monday’s keynote, Apple will get a second chance to show users it can make Siri smarter and more contextually aware.

S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

submitted by /u/kw0lf [link] [comments]

What does Washington’s latest AI chip guidance mean for Chinese tech firms?

China’s Ministry of Commerce has lashed out at Washington’s latest guidance on advanced artificial intelligence chip exports, accusing the United States of abusing export controls and disrupting the global semiconductor supply chain. But trade lawyers and industry insiders said the actual fallout over the new document could be far more limited than the geopolitical fireworks suggest. The US Bureau of Industry and Security (BIS) issued guidance on May 31, stating licences would be required to...

France to test its own AI-powered battlefield command in June NATO exercise

The French Army has developed its own large-language model for staff officers, called Berthier, named after Napoleon’s chief of staff.

I went through the AVGO transcript line by line. Here's what I actually found.

AVGO dropped 15% this week on an earnings "miss." I want to walk through what the transcript actually says because the market reaction and the business reality are completely disconnected. Hock Tan confirmed orders are visible to 2028 right now. Not 2026. Not 2027. 2028. A 1 gigawatt XPU plus networking order has already been received. OpenAI goes into production on custom silicon late 2026. META's custom AI program ramps H2 2027. Management said on the call: "demand for networking is simply ins

Targeting US$610 billion longevity market, biotech firms race to reverse ageing

For Beijing-based METiS TechBio CEO Lai Tsai-ta, ageing is comparable to bugs building up in a complex software system – it happens once errors begin to accumulate in the genetic code of human cells, such as their DNA sequences. “Those errors can be reprogrammed. It becomes possible to use AI to read, rewrite and reverse cells, or at least slow the ageing process,” Lai said in an interview with the South China Morning Post. The process could begin by fixing “immune cells, such as T cells, as...

AstraZeneca CEO says AI is reshaping drug development — and helping boost the odds of success

AstraZeneca CEO Pascal Soriot said AI is helping the company develop medicines faster and make smarter decisions throughout the research process.

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application o

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes.

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.

Stock investors may not love it — but bond investors already heavily engaged in funding the AI buildout are pleased.

World Cup tests Lenovo’s ambitions to challenge AI champions

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.

Google to pay SpaceX $920 million a month for compute capacity at xAI data centers

Ahead of a planned IPO, SpaceX has inked a deal to rent compute capacity to Google at $920 million per month for 32 months. SpaceX announced a similar arrangement with Anthropic in May. https://www.cnbc.com/amp/2026/06/05/google-to-pay-spacex-920-million-a-month-for-xai-compute-capacity.html submitted by /u/TheSource777 [link] [comments]

Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Mythos gave the cybersecurity sector a boost, but upbeat earnings weren't enough for investors in search of an AI payoff.

Meta's stock sinks on report company could raise tens of billions of dollars to fund AI push

Meta shares dropped after the Financial Times reported the company could potentially raise tens of billions of dollars in a stock offering to help its AI push.

Trump administration, OpenAI discussing possible government stake in the AI startup

OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.

We invest in AI but oppose its impacts

My father always taught me to invest in companies offering services or products I believe in. Aside from the obvious upside of increasing valuations, how do we justify our personal investments in tech companies, chip ETFs, etc.? Communities across the country are protesting the installation of data centers. Most Americans are petrified of losing their jobs to AI. Environmental impacts from AI are ever-increasing. SpaceX’s IPO document asserts its AI-driven revenue will reach $28.5 trillion, roug

Nearly half of workers 55 and older don’t plan on using AI in their jobs. How to make it work for you.

Workers can learn more about applying AI to their jobs even on social-media platforms, such as YouTube and TikTok, one career coach said.

Okay so all these talks off bubbles

I am not much into chart reading but all the hoohaa about AI being a bubble just makes me think its not a bubble. But seing the price of Gold the chart looks eerily similar to the wall street crash before the 1929. Gold looks like a bubble to me. And I am a gold bug btw hey I am into the Austrian School of Economics, although I am not a fanatic about it. I mean the gold option is the doom and gloom. ..ahhh goverments are printing so much money, we are gonna have hyperinflation etc.... I mean gov