Super Micro Computer shares plunged on Friday as investors peeled back
The world's first beauty pageant exclusively for AI-generated women has been announced, with competitors facing off in tests of beauty, technology and social-media clout.
AI, Gold, & Nuclear War Authored by James Rickards via DailyReckoning.com, So-called artificial intelligence (AI) is taking the world by storm. Meanwhile, gold has shot up like a rocket over the past couple of months. In mid-February, gold was trading at $1,990. Two months later, gold is trading above $2,400 — a $410 gain in just two months. So here’s a question: Is there a connection between AI and gold? It seems like an odd question. But as it turns out, the answer is yes....
A new report from Stanford's Institute for Human-Centered Artificial Intelligence (HAI) found that global investment in AI fell for the second year in a row in 2023. © 2024 TechCrunch. All rights reserved. For personal use only.
On this week's episode of The MacRumors Show, we discuss the latest AI consumer technology and Apple's rumored plans to bring major AI-focused hardware enhancements to the Mac later this year. Subscribe to The MacRumors Show YouTube channel for more videos We talk through the response to Humane's AI Pin and its widely acknowledged deficiencies, such as its limited utility, subpar camera performance, and steep price point. We also take a look at the Rabbit R1, another AI device that prompts...
While buzzy AI startups like OpenAI and Stable Diffusion have caught marketers’ attention, many lesser-known gen AI startups have secured investments and contracts with major brands such as L'Oréal, ESPN, Pepsi, and Garnier. AI funding in the U.S. grew by 14% year-over-year in 2023, (OpenAI released ChatGPT in Nov. 2022), raising $42.5 billion across 2,500 equity rounds, per CB Insights. There is a ballooning number of gen AI startups—Dealroom counts some 1,200—which are solving problems...
Shares of Super Micro Computer (SMCI) fell sharply Friday after the company opted not to pre-announce its first-quarter results. This development comes as the semiconductor sector undergoes a sector-wide correction. Bernstein Managing Director and Senior Analyst Stacy Rasgon joins Market Domination to provide insights into this situation. Rasgon acknowledges that while the chip sector is undergoing a correction, "outside of AI" the industry has not been performing well. He notes that other...
Advanced Micro Devices unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday as the chip designer looks to expand its share of the lucrative AI PC market. These chips are expected to be available in platforms from HP and Lenovo starting in the second quarter of 2024, AMD said in a press release. AI-enabled PCs are capable of running large-language models and apps powered by the technology directly on the device, instead of the...
Despite the fact that Hollywood’s actors and writers went on strike in part because of the encroachment of AI just this past summer, we’ve already seen the technology pop up more during the past few months. In January, disappointed True Detective: Night Country fans spotted and called out a clearly AI-generated poster in the background of an episode. Last month, indie horror film Late Night With The Devil endured a similar blowback after using computer-generated images during a few transitions...
Meta this week announced a significant leap in its artificial intelligence (AI) infrastructure. The next generation of its custom-designed Meta Training and Inference Accelerator (MTIA) chip promises to revolutionize the company's AI capabilities across its platforms.
After Meta’s stock meltdown late Wednesday afternoon and Thursday, the tech sector is roaring back in after-hours trading on the strength of strong earnings reports from Alphabet, Microsoft, and Snap. Snap shares were up more than 30% after its earnings release, and Alphabet was up 13%. Microsoft shares, meanwhile, jumped 5.5%. There were numerous reasons for the surges. Alphabet announced its first-ever dividend (of 20 cents per share) and a $70 billion stock buyback. And Snap gave...
Meta said that it would be spending billions of dollars more on its AI efforts, raising expenditure forecasts in this area from $30 - 37 billion to $34 - 40 billion for the year. It cited heavy investment in AI infrastructure such as data centers, chip designs, and research andRead Entire Article