This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Today’s Takeaway is by Julie Hyman, Anchor. “2023 was spent asking questions about AI; 2024 is about finding answers.” That was from Brent Thill of Jefferies in a note to investors last month.
HANOI (Reuters) – Vietnam’s top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia’s graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia’s support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data
Investors tied to Elon Musk are reportedly planning a $3 billion funding round for xAI. This round would value the artificial intelligence (AI) firm at $18 billion, The Wall Street Journal (WSJ) reported Friday (April 5), citing sources familiar with the matter. Sources told WSJ that venture capital company Gigafund and Steve Jurvetson, a prominent Musk backer
Nvidia (NASDAQ: NVDA) stock soared 82.5% in the first quarter of 2024. (The market’s quarter ended on Thursday, as U.S. financial markets were closed on Friday for the Good Friday holiday.) That performance made the artificial intelligence (AI) chip leader the second-best performer on the S&P 500 index, behind only Super Micro Computer, a server
Industry News AWS Completes Investment in Claude AI Maker Anthropic Amazon Web Services has completed its promised $4 billion investment in generative AI company Anthropic. Anthropic and AWS first inked the deal last September. As part of its terms, AWS would become a minority owner in Anthropic, maker of the Claude chatbot and family of
In this article, we discuss 10 best tech and disruptive ETFs to buy. If you want to skip our discussion on the tech landscape, head over to Investing in Innovation: 5 Best Tech and Disruptive ETFs. High inflation, rising interest rates, and global uncertainties, resulting in softer consumer spending, reduced product demand, market capitalization declines,
A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In health care, Roundhill Investments is getting ready to launch a fund that focuses on the companies behind GLP-1 drugs. Dave Mazza, the firm’s chief strategy officer, expects to have more information on the fund’s debut
Mike Thompson, Chief Analytics Officer at PG Forsta (Photo: Business Wire) CHICAGO, March 20, 2024–(BUSINESS WIRE)–PG Forsta, the leading provider of experience technology, data analytics, and insights that help companies better understand and serve their customers, employees, and stakeholders, has appointed Mike Thompson as its Chief Analytics Officer. Bringing over three decades of experience, Thompson
In this article, we will be taking a look at the 11 fastest growing AI stocks to invest in now. To skip our detailed analysis of the artificial intelligence sector, you can go directly to see the 5 Fastest Growing AI Stocks To Invest In Now. Tech: A High-Growth Sector If you’re looking for high
When ChatGPT burst into the public consciousness in early 2023, financial services firms initially reacted by banning their employees from using it. A year later, many executives are heralding generative AI as transformative for their business. AI as a key theme for 2024 may seem obvious. But what are the other trends that will affect