Investors are bullish on AI as Nvidia's stocks soar. However, wealth managers warn of risks, including a potential bubble and existential threats to society.
Artificial intelligence software developer, C3.ai beat Q4 expectations but fell short on revenue outlook causing shares to drop. Yahoo Finance suggests considering alternative AI-related companies like Marvell and Broadcom.
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.
OpenAI considers discontinuing EU business after new AI regulation adopted. AI regulation collisions could be catastrophic, and US-EU misalignment may lead to a fragmented regulatory landscape. CEO Sam Altman denies plans but stresses the need for continued dialogue on AI regulations. #AIregulation
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.
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?