artificial ingelligence

Michael Intrator, the CEO of AI startup CoreWeave, has seen his net worth double to a whopping $10 billion in a mere 12 days. This rapid wealth accumulation is unprecedented in the tech industry. What Happened: CoreWeave’s stock has skyrocketed by nearly 300% in the last two...

On Wednesday, major U.S. indices ended the day mixed, with the Nasdaq rising 0.3% to 19,973.55. The S&P 500 closed unchanged at 6,092.16, while the Dow Jones Industrial Average declined 0.25% to 42,982.43. These are the top stocks that gained the attention of retail traders and investors...

Global X Management is treading boldly into the future of fixed income investing with the introduction of the Global X Investment Grade Corporate Bond ETF (NYSE:GXIG). The new actively managed fund is not another passive take on corporate credit; it’s a wholesale adoption of AI and...

Apple Inc. (NASDAQ:AAPL) and Alibaba Group Holding Ltd – ADR (NYSE:BABA) are facing regulatory delays in launching their artificial intelligence partnership in China, as Beijing withholds approval amid complex U.S.-China trade dynamics.What Happened: The tech giants submitted multiple AI...

As the Worldwide Developers Conference (WWDC) looms, Apple Inc. (NASDAQ:AAPL) seems to be grappling to keep up with AI frontrunners such as OpenAI and Google, despite its best efforts. Bloomberg's Mark Gurman, in his latest weekly "Power On” revealed that Apple’s AI platform,...

Major U.S. indices ended the day mixed on Monday. The Dow Jones Industrial Average gained 0.3% to 40,227.59, while the S&P 500 rose 0.06% to 5,528.75, while the tech-heavy Nasdaq ended the day in the red, declining 0.1% to 17,366.13. These are the top stocks that gained the attention of retail...

Meta Platforms Inc. (NASDAQ:META) unveiled the first models of its latest open-source artificial intelligence (AI) software, Llama 4, on Saturday. What Happened:  The Mark Zuckerberg-led company announced that users can now experiment with two of the newly launched Llama 4 models,...

The artificial intelligence industry is largely fragmented between many firms jockeying to be on the cutting edge of the technology. Progress is often benchmarked against competitors, as in the case of Anthropic with its new Claude 3.7 Sonnet. A Step Forward: Anthropic, the AI startup backed by...

Meta Platforms Inc. (NASDAQ:META) decided not to comply with the European Union’s AI Code of Practice. Joel Kaplan, the new head of global affairs at Meta, made this announcement, escalating the company’s ongoing disputes with European regulators. What Happened: Kaplan voiced his stance...

 Jensen Huang, the CEO of Nvidia Inc. (NASDAQ:NVDA), has revealed that he uses AI chatbots to create initial drafts. What Happened: Huang, who leads a company known for producing high-performance computer chips that power AI large language models, uses a variety of chatbots,...

French telecom company Orange announced its partnership with OpenAI, backed by Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META), Facebook’s parent company. This collaboration aims to create custom artificial intelligence (AI) models tailored to understand African regional...

Advanced AI has evolved over decades through research in computer science, neuroscience and machine learning. Early AI was rule-based, but breakthroughs in data processing, neural networks and deep learning have enhanced its ability to recognize patterns and learn from experience. With advances in...

In a bid to tackle the challenge of overflowing inboxes, prominent business leaders, Mark Cuban and Tim Cook, have turned to artificial intelligence (AI) tools. What Happened: A recent study by Gartner has shown that 75% of CEOs have experimented with the AI tool, ChatGPT, and 44% are actively...

In a recent interview, OpenAI CEO Sam Altman dismissed the notion that artificial intelligence (AI) will lead to widespread unemployment, instead urging students to embrace and learn the technology. What Happened: Altman expressed his belief that while certain jobs may evolve, there will continue...

The Federal Trade Commission (FTC) is intensifying its efforts to combat deceptive practices linked to artificial intelligence through a new initiative called Operation AI Comply. The initiative targets companies that misuse AI to engage in misleading conduct that harms consumers. FTC Chair Lina M...