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category: News
AI
Jim Cramer Predicts ‘Electric Power Gating’ and OpenAI’s Finances Will Curb Hyperscaler AI Spending – Insights on First Trust DJ Internet Index Fund (ARCA:FDN)...
CNBC host Jim Cramer has highlighted a J.P. Morgan report emphasizing that physical and financial constraints will limit tech giants' spending on artificial intelligence...
AI
Alibaba Supports MiniMax, OpenAI’s Chinese Competitor, in Upcoming IPO
Global investor interest in Chinese artificial intelligence (AI) companies is surging, with MiniMax positioning itself for a Hong Kong IPO in 2026. The AI...
AI
Meta Intensifies AI Commitment with Manus Acquisition, Doubling Efforts Following Scale AI Deal Amid Heightened Competition with OpenAI – Meta Platforms (NASDAQ:META), Tencent Holdings...
Meta Platforms Inc. (NASDAQ:META), led by Mark Zuckerberg, is intensifying its artificial intelligence strategy by acquiring Manus AI, a burgeoning Chinese startup specializing in...
AI
Gene Munster Claims OpenAI Remains ‘Undervalued’ at $830 Billion Amidst Growing Losses and Big Tech Investments: The Astonishing Reality of AI’s Potential – Featuring...
Deepwater Asset Management's Gene Munster argues that OpenAI's rumored $830 billion valuation may still underestimate its long-term potential due to its explosive growth and...
AI
SoftBank Seeks $22.5 Billion for OpenAI by Year-End, Considering Arm Stake to Support Debt Amid Rising AI Investment Demands: Report – ARM Holdings (NASDAQ:ARM),...
SoftBank Group is aggressively pursuing $22.5 billion in funding for OpenAI by year-end, driven by the rising costs in artificial intelligence (AI). The company...
AI
Alibaba Restructures for AI ‘Super App’ Development, Pursues Nvidia’s Advanced Chip Technology – Alibaba Group Holdings (NYSE:BABA)
Alibaba Group Holding Limited (NYSE:BABA) has announced a strategic reorganization to enhance its Qwen family of AI models for consumers. The new Qwen Consumer...
AI
How TikTok’s Owner’s AI Phone is Shaking Up China’s App Landscape: Insights on Alibaba (NYSE:BABA) and SoftBank Group (OTC:SFTBF)
ByteDance Ltd, the parent company of TikTok, has launched its AI-powered smartphone, the Nubia M153, stirring both excitement and concern. Competitors like Tencent and...
AI
Sam Altman Asks Elon Musk: “How Can I Become the Next Elon Musk?” — Here’s Musk’s Insightful Response
In a compelling 2016 discussion, Sam Altman sought advice from Elon Musk on becoming a successful entrepreneur like him. Musk emphasized the importance of...