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Citigroup strategists have upgraded U.S. Equities and Tech sector from 'Underweight' to 'Neutral' due to advances in AI. It suggests that AI stocks will continue to be strong due to the Federal Reserve's monetary policy rate-hiking cycle and debt-ceiling deal. Nvidia's stock, which skyrocketed, could now become a trillion-dollar company.
Dispersion Capital, a venture firm, recently launched a $40 million fund to invest foundational Web3 infrastructure. Companies backed by the fund aim to challenge existing industries with security, data, gaming, and finance solutions, and investments are already providing added value. Experienced web3 veteran Patrick Chang leads the firm with the intent to support developers in the Web3 space. Supported by notable web2 and web3 pioneers, Dispersion Capital works to bring blockchain technology to the world.
AI startups are leading the way with venture capital investments in artificial intelligence, data annotation, and machine learning - with global funding now reaching $276.14 billion in 2021. Check out OpenAI, Anthropic, and Scale AI, and take advantage of the thousand of job opportunities in AI and ML on the VentureBeat Job Board. Join the tech industry and make an impact!
This report offers an insight into the Machine Learning industry. It provides reliable, comprehensive data about the current trends, drivers, and opportunities to help businesses and investors make informed decisions. Use this report to maximize your returns and identify new markets, plans, and strategies to grow your business.
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?