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Blackstone To Invest $13.3B In AI Data Center In UK, Projects 4,000 New Jobs
Thursday, September 26, 2024 - 10:22am | 352Blackstone Inc. (NYSE:BX) is investing 10 billion pounds ($13.3 billion) in England to establish what is expected to be one of Europe’s largest artificial intelligence data centers. The construction on the site is scheduled to begin next year. The center is projected to generate 4,000...
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As The AI Arms Race Wages On, Amazon Takes Shot At Rival Adobe With New Text-To-Video Product
Thursday, September 19, 2024 - 2:40pm | 367Large tech companies are racing to launch new artificial intelligence products and services to capture market share. Most recently, Amazon.com Inc (NADSAQ: AMZN) announced its beta software of a new video-generating tool powered by AI in a blog post on Thursday.The product allows advertisers to...
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Rezolve AI Set To Ride The AI Wave - What's Going On?
Thursday, September 19, 2024 - 11:13am | 496Rezolve AI Limited (NASDAQ:RZLV) shares are trading higher on Thursday after the company commended Microsoft Corporation (NASDAQ:MSFT) and BlackRock, Inc.’s (NYSE:BLK) $30 billion investment in AI infrastructure. Earlier this week, Microsoft partnered with investment company BlackRock...
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Palantir, Apple, Nvidia, Oracle, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, September 9, 2024 - 11:13pm | 559On Monday, U.S. indices closed in positive territory, with the Dow Jones Industrial Average rising 1.2% to finish at $40,829.59. The S&P 500 also gained nearly 1.2%, closing at 5,471.05, while the Nasdaq saw a similar 1.2% increase, ending at 16,884.60. Here are the top five trending stocks of...
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Nvidia, Affirm Holdings, CrowdStrike, Iris Energy, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, August 28, 2024 - 11:00pm | 604On Wednesday, major U.S. stock indices closed lower, with the Dow Jones Industrial Average dropping 0.4% to 41,091.42, and the S&P 500 falling 0.6% to 5,592.18. The Nasdaq saw a bigger decline, falling 1.1% to 17,556.03. These are the top stocks that gained the attention of retail traders and...
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Microsoft's Q4 Results 'Fine' But Not 'Blowout,' Says Top Analyst: Why Azure Slight Miss Has A 'Unique Sting?'
Wednesday, July 31, 2024 - 4:39am | 686Microsoft Corp. (NASDAQ:MSFT) shares fell late Tuesday after the software giant’s cloud revenue missed forecasts and forward guidance came in shy of estimates of some analysts. Market watchers and analysts apparently weren’t overly concerned by what was perceived as sore spot by...
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JPMorgan Unveils In-House Chatbot To Enhance Research Capabilities: Report
Friday, July 26, 2024 - 10:39am | 552JPMorgan Chase & Co. (NYSE:JPM) shares are trading higher today. The bank has reportedly started deploying its generative AI tool, informing employees that its proprietary version of OpenAI’s ChatGPT can perform the tasks of a research analyst. The U.S. bank has provided its asset...
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Nvidia, Ford, Chipotle, Viking Therapeutics, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, July 24, 2024 - 10:40pm | 601On Wednesday, major U.S. indices closed significantly lower. The Dow Jones Industrial Average fell 1.25% to 39,853.87, the S&P 500 dropped 2.3% to 5,427.13, and the Nasdaq declined 3.6% to 17,342.41. These are the top stocks that gained the attention of retail traders and investors throughout...
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Nvidia-Backed AI Startup Cohere's Valuation Soars To $5.5B: Report
Monday, July 22, 2024 - 1:40pm | 572Nvidia Corp (NASDAQ:NVDA) backed AI startup Cohere Inc., has reportedly emerged as one of the most valuable AI companies globally, with a valuation of $5.5 billion at a recent funding round, making it one of Canada’s largest startups. Unlike its Silicon Valley counterparts, Cohere...
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Why Is AI Robot Maker Richtech Robotics Stock Jumping Today?
Monday, July 22, 2024 - 10:47am | 370Richtech Robotics Inc. (NASDAQ:RR) shares are trading higher after the company installed its advanced robotic beverage system, ADAM, at Ghost Kitchens International Inc. in Dawsonville, Georgia. This installation marks the start of a partnership to transform the food and beverage industry with...
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Intel Invests In Israeli AI Construction Startup Buildots - What's On The Cards?
Thursday, July 11, 2024 - 12:06pm | 554Buildots, an Israel-based AI construction software company, has announced a $15 million investment led by Intel Inc’s (NASDAQ:INTC) Intel Capital, with participation from OG Tech Partners and previous investors. Lisa Cohen, Investment Director at Intel Capital, will join as a board observer....
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Nvidia, Koss Corp, Broadcom, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, July 3, 2024 - 10:19pm | 604On Wednesday, major U.S. indices showed mixed performance: the Dow Jones Industrial Average dipped slightly by 0.06% to 39,308, while the S&P 500 climbed 0.5% to 5,537.02, and the Nasdaq increased by 0.9% to 18,188.30. These are the top stocks that gained the attention of retail traders and...
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Goldman Sachs Casts Doubt On 'Exceptionally Expensive' AI Investments By Tech Companies
Sunday, June 30, 2024 - 1:14pm | 625A report from Goldman Sachs has raised doubts about the potential return on investments in artificial intelligence (AI) by tech companies. What Happened: According to the report, companies are projected to invest over $1 trillion in AI. However, Goldman Sachs’ report expresses apprehension...
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What's Happening With Baidu's Shares On Friday?
Friday, June 28, 2024 - 10:40am | 456Baidu Inc. (NASDAQ:BIDU) shares are trading higher in premarket today. The tech company unveiled an upgraded version of its AI model, Ernie 4.0 Turbo, on Friday as part of its strategy to stay competitive in China’s rapidly evolving AI market. The launch follows the release of Ernie 4 in...
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These AI-Related Cryptos Have Outperformed Bitcoin, Ethereum Over A Week: Nvidia Effect Or Something Else?
Thursday, June 27, 2024 - 6:32am | 644Artificial Intelligence (AI)-related cryptocurrencies were among the market's biggest weekly gainers, seemingly riding high on the rally of AI giant NVIDIA Corp. (NASDAQ:NVDA). What Happened: Fetch.ai (CRYPTO: FET), SingularityNET (CRYPTO: AGIX), and Ocean Protocol (CRYPTO: OCEAN) are up 8.24%, 8....