Monthly Archives: May, 2023

Pear VC closes $432M seed fund, one of the largest recently by a non-multistage fund. They aim to focus on areas like AI and support female and student entrepreneurs.

C3.ai's stock price surge of over 20% ahead of their earnings report is attributed to their integration with Amazon and Alphabet's cloud divisions. As a pure play on the AI space, investors seek returns with tomorrow's earnings report being the market-matching driver or disappointment and volatility.

Nvidia's trillion-dollar market cap and impressive Q1 results have caused a surge in AI stocks, highlighting the growing importance of AI chips. As the only major player in the AI arms race, Nvidia's dominance signifies a bullish future for AI stocks.

Wall Street is showing increased interest in AI stocks with Nvidia's promising revenue guidance boosting market value by almost $200bn in a day. The top performers so far in 2023 are C3.ai, Nvidia, AMD, Marvell Technology, Cadence Design Systems, Synopsys, Broadcom, Alphabet, Microsoft, and Taiwan Semiconductor. C3.ai saw a gain of 260.8%, and Nvidia's CEO is respected for developing graphics processors and chips essential to AI and gaming. C3.ai uses machine learning to provide predictive analytics software solutions to businesses, and shares have risen considerably since the company went public in December 2020.

Discover ChatGPT, the AI chatbot used for customer service, content generation, and even legal research. A seasoned NY lawyer, Steven A. Schwartz, admitted to citing bogus cases in a legal brief after using ChatGPT for research. Learn more about his case and potential consequences now.