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The Latest Breaking News from Artificial Intelligence

Options Corner: Upstart Bears Are Bailing But A Short Squeeze Might Come Anyways

While artificial intelligence and its disruptive capabilities have lifted several innovators, the effect has been extremely lumpy for financial technology (fintech) specialist Upstart Holdings Inc (NASDAQ:UPST). Though the business offers tremendous upside potential, an uncertain macro environment has imposed chaos on UPST stock, thus bringing out the skeptics. But with…

Benzinga

AI In An 'Industrial Bubble' But Will Benefit Society: Bezos

Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in Italy on Friday, but the benefits to society will be "immense".

International Business Times

AI has run out of training data, warns data chief

‘There might be a creative plateau,’ says Goldman Sachs’ chief data officer

The Independent UK

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Nvidia, Broadcom, Marvell Poised To Gain Big From $1.2 Trillion AI Spending Wave By 2030: Analyst

U.S. chipmakers including NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices Inc (NASDAQ:AMD), Marvell Technology Inc (NASDAQ:MRVL), and Credo Technology Holding Ltd. (NASDAQ:CRDO) are set to benefit from a massive wave of artificial intelligence infrastructure spending projected to top $1.2 trillion by 2030.

Benzinga

‘Impressive for a robot’: home care chatbots among AI tools being embraced by Australia’s health system

From GPs using the technology to record consultations to AI ‘detectives’ finding brain lesions on scans, experts say it’s only the beginning

The Guardian - AU

Amazon, Meta Beware: The AI Spending Boom Is Pushing Tech Firms Into A Debt Spiral

U.S. tech giants like Meta Platforms Inc. (NASDAQ:META), Amazon.com Inc. (NASDAQ:AMZN), Microsoft Corp. (NYSE:MSFT) and Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG) have plowed hundreds of billions into artificial intelligence over the past two years, initially using their hefty cash piles — but Goldman Sachs says that cushion is wearing thin, and debt is…

Benzinga

'Shark Tank' Star Kevin O'Leary Says Bitcoin Mining, AI Data Centers Are Locked In A 'Power Struggle' Amid Scarce Electricity In US

Renowned investor and "Shark Tank" personality Kevin O'Leary said Wednesday that artificial intelligence data centers and Bitcoin (CRYPTO: BTC) mining are “competing” for scarce electricity in North America.

Benzinga

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Nvidia And Fujitsu Team Up To Build AI Systems For The Future

Nvidia (NASDAQ:NVDA) is strengthening its alliance with Fujitsu to co-develop full-stack artificial intelligence infrastructure, a move aimed at accelerating enterprise adoption of AI across industries from healthcare to manufacturing and robotics.

Benzinga

Meet Mira Murati, the 36-year-old tech prodigy who shot to fame at OpenAI and now runs a startup that's a poaching target for Mark Zuckerberg

Murati enjoyed roles at Goldman Sachs and Tesla before making her name in artificial intelligence.

Fortune

Nvidia and Fujitsu agree to work together on AI robots and other technology

U.S. technology company Nvidia and Fujitsu, a Japanese telecommunications and computer maker, have agreed to work together on artificial intelligence to deliver smart robots and a variety of other innovations

The Independent UK

Dan Ives Reveals Buyout Watchlist Including C3.ai, SanDisk, Lyft, Qualys And More: 'M&A Floodgates Are Opening'

Prominent Wedbush tech analyst Dan Ives is forecasting an imminent surge of mergers and acquisitions across the technology sector, declaring that the artificial intelligence (AI) “MA floodgates are ready to be opened.”

Benzinga

Virtual Jesus? People Of Faith Divided As AI Enters Religion

Artificial intelligence, the technology upending nearly every corner of society, is creeping into religion, serving up virtual Jesus and automated sermons -- a change drawing mixed reviews from the faithful.

International Business Times

'Dude, Take Your Wife On Vacation'—AI Entrepreneur Mocked For Telling His Wife They Can't Afford A Trip Despite A $10M Net Worth

Kevin Xu, founder and CEO of artificial intelligence finance startup Alpha, went viral over the weekend for a post that many online called tone-deaf, cringeworthy, or outright depressing.

Benzinga

Why Is Broadcom Stock Surging Thursday?

Broadcom (NASDAQ:AVGO) capitalized on Wall Street’s artificial intelligence boom Thursday, fueled by billions in chip investments from Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), and other technology giants.

Benzinga

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International Business Times

Boom Or Bubble: How Long Can The AI Investment Craze Last?

The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the frontrunner in generative AI, build data centers.

Benzinga

Nvidia Becomes The $4.5 Trillion Giant Driving AI's Biggest Deals

Nvidia (NASDAQ:NVDA) is currently at the epicenter of Wall Street’s artificial intelligence frenzy, cementing its position as the cornerstone of Big Tech’s future ambitions as companies commit to unprecedented chip spending.

The Texas Tribune

Economic boom or environmental disaster? Rural Texas grapples with pros, cons of data centers

Local leaders see data centers, which help power the world’s shift to artificial intelligence, as a way to keep their towns open. Residents worry their way of life — and water — is at stake.

The Independent UK

Nearly a third of Americans have had a ‘romantic relationship’ with an AI bot, new survey says

More than half of those surveyed (54 percent) said that they had some sort of relationship with an artificial intelligence platform

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Benzinga

DigitalOcean Unveils AI Hub To Supercharge Developer Innovation

DigitalOcean Holdings Inc. (NYSE:DOCN) rolled out new artificial intelligence initiatives at its Deploy London conference, introducing the DigitalOcean AI Ecosystem and the DigitalOcean AI Partner Program.

The Independent UK

‘AI actor’ Tilly Norwood is an anti-art abomination – and a studio executive’s dream

STATE OF THE ARTS: A new digital ‘performer’ created by artificial intelligence is poised to take over Hollywood. Fiona Sturges looks at the dubious pros and dispiriting cons of the film industry’s new technological frontier

Barchart

Stocks Rise Before the Open on Fed Rate-Cut Hopes and AI Optimism

December S&P 500 E-Mini futures (ESZ25) are up +0.14%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.32% this morning, buoyed by hopes for Federal Reserve interest-rate cuts and optimism surrounding artificial intelligence.

AAP

How AI will be used to help neighbours find lost dogs

Internet-connected doorbell cameras will be loaded with artificial intelligence software and used to identify lost pets, with the owners' permission.

Benzinga

Plug Power Stock Is Surging Wednesday: What's Going On?

Shares of Plug Power Inc (NASDAQ:PLUG) continued their powerful rally Wednesday, fueled by ongoing excitement around artificial intelligence and an operational update. The hydrogen energy company’s stock has surged over 88% in the past month.

The Independent UK

Google AI Overview appears to block results on searches for ‘Trump cognitive decline’ but not for Biden

Google appears to have blocked certain artificial intelligence search results for queries about President Donald Trump’s mental acuity

Benzinga

OpenAI Taps Samsung And SK Hynix For Massive AI Data Push, Including New Korea Data Center

Samsung Electronics (OTC:SSNLF) and SK Hynix bagged initial deals on Wednesday to supply chips and equipment for Microsoft (NASDAQ:MSFT) backed OpenAI's Stargate project, reinforcing their dominance in advanced memory chips for artificial intelligence.

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