Big techs

The past week saw some milestone events on the artificial intelligence front, with OpenAI unveiling the latest iteration of its GPT large language model and Baidu Inc. (NASDAQ: BIDU) announcing its Ernie chatbot. What Happened: Reviewing the development, Deepwater Asset Management’s...

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed. FAANG Loses Favor: The California Public Employees' Retirement System, aka CalPERS, sold shares in all...