The Biden administration plans to impose restrictions on Chinese tech investments, targeting cutting-edge sectors such as semiconductor and AI. These restrictions are expected to take effect in 2024, aiming to protect US interests while potentially hindering collaboration and innovation. Find out more about the impact it may have on the global tech arena.
Investing in artificial intelligence (AI) stocks has resulted in impressive returns for the Baron Opportunity Fund, managed by Mike Lippert, with 33.6% year-to-date as compared to the S&P 500's 11.8%. Lippert believes AI will continue to drive returns for the next 3-5 years, and shares his top picks for companies delivering the biggest returns - Microsoft, Nvidia, and Amazon. These companies lead in incorporating AI into cybersecurity, integrated products, and improving customer shopping experiences. The Baron Opportunity Fund focuses on technology in electric vehicles, genetics-impacting medicine, and cloud computing, and AI themes that will continue driving returns.
YouTube introduces Erase Song, an AI tool to remove copyright claims and easily manage copyrighted music in videos. Simplify copyright issues with YouTube's new feature.
WhatsApp introduces a new AI feature, allowing users to easily generate images of themselves. Revolutionizing the way images are interacted with on the platform.