Tag: NVIDIA

JPMorgan is developing AI-based IndexGPT tool for investing. It has features for financial data, investments tips and stock & security analysis to meet customers' needs. Similar AI-tools like ChatGPT have become popular driving stock prices higher. Get investments tips from JPMorgan to succeed!

Cathie Wood, ARK Investment Management Founder & prominent investor, sold 65,600 shares of Chipmaker NVIDIA Corporation (NASDAQ: NVDA) worth near $25 million. Wood's ARK Innovation ETF closed out its entire NVIDIA stake in Jan. Wood has an eye for disruptive technologies like AI, robotics & 3D printing. Thursday, ARK Investment Management Invested $72 million in UiPath Inc. (NYSE: PATH).

Be warned! Economists such as David Rosenberg have noticed a major price bubble forming in the AI stock market. His view on the current AI enthusiasm could signal a market crash similar to the Dot.com boom of the late 1990s. Invest cautiously and understand the risks before putting money in AI stocks.

Microsoft is a leading technology giant investing in AI & ML solutions especially with Azure Machine Learning. The company has made strides to provide innovative products & services while expanding their partnership with GPU provider Nvidia for enterprise-level ML applications. Managed network isolation & integration of Hugging Face Library of ML models are among their latest advancements on Azure ML. Tina Manghnani is the product manager for the cloud platform.

AI is revolutionizing how we interact with technology - as Appen has used human labor to teach computers to recognize images and speech, advances in AI are taking away some human jobs. It's important to be aware of the industry investments, as global companies like Microsoft, Google, and Amazon are all benefiting. Munro Partners' Nick Griffin suggests caution in investing in AI, and Appen provides an array of services for machine learning and annotation. Investors should consider a balanced approach.