OpenAI CEO, Sam Altman, expresses interest in South Korean AI startups following success of ChatGPT. He predicts country's future in AI could thrive by increasing semiconductor investments.
Oracle's strong earnings report has had a positive impact on AI-focused stocks like Palantir Technologies, C3.ai, Advanced Micro Devices, and Nvidia, with investors pleased to hear about the impact of AI on the company's cloud business. Mizuho Securities analysts have raised their price target on Oracle to $150, stating that investors are underestimating their growth potential. Adobe has also seen a rise of around 2%.
OpenAI CEO Sam Altman urges South Korea to invest in AI chips & memory chips while also collaborating with chipmakers like Samsung. He plans to expand their investment in Korean startups.
Tech companies like HP, Hewlett Packard Enterprise, and Ambarella have faced stock losses due to challenges in incorporating AI into their business models despite their dedication to AI technology.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?