OpenAI is reportedly teaming up with Broadcom and TSMC to build custom AI chips, per Reuters. It would see OpenAI joining tech giants like Meta, Amazon, and Google in designing their own chips. OpenAI could have… Article Source https://www.businessinsider.com/openai-chip-design-tsmc-broadcom-big-tech-nvidia-2024-10
:max_bytes(150000):strip_icc()/GettyImages-1232270762-53acb3cadc2045a185a0fcf28e840b23.jpg?w=1500&resize=1500,998&ssl=1 "Amazon Adds to Big Tech’s Nuclear Push")
Key Takeaways Amazon said Wednesday that it is making a trio of investments in nuclear energy efforts. The investments are meant to help meet Amazon’s rising electricity demands, and support its transition to clean energy, the company said. The… Article Source https://www.investopedia.com/amazon-adds-to-big-tech-s-nuclear-push-8728830
Nvidia Will Dominate Big Tech’s Earnings Season Again The Wall Street Journal Article Source https://www.wsj.com/finance/investing/nvidia-will-dominate-big-techs-earnings-season-again-643582c6
Can You Turn Off Big Tech’s A.I. Tools? Sometimes, and Here’s How. The New York Times Article Source https://www.nytimes.com/2024/10/09/technology/personaltech/turn-off-ai-overviews-google-meta.html
In a recent interview with Quartz, Kevin Gordon, a senior investment strategist at Charles Schwab & Co., discussed the current market trends and potential signals for investors. Gordon highlighted the recent shift away from big tech stocks like Nvidia, noting that this movement could be a positive sign for the market overall. He explained that … Read more
Nvidia has become the most valuable public company in the U.S, surpassing Microsoft and Apple. With a market capitalization of over $3.3 trillion, the chipmaker’s success is largely attributed to its dominance in GPU technology, which powers various AI products. CEO Jensen Huang has seen his net worth soar to $121.4 billion, making him the … Read more
Big Tech companies have been using AI models and tools to revolutionize various aspects of their businesses. These AI models have been utilized in a wide range of applications, such as personalized recommendations, facial recognition, and natural language processing. However, there has been growing concerns about the potential biases and ethical implications of these AI … Read more
The S&P 500 index has reached an all-time high point for the 24th time this year, setting impressive records in the stock market. However, the continuous success of the S&P 500 seems to be heavily dependent on the performance of a select group of tech stocks known as the “Magnificent 7”. These seven tech companies … Read more