Artificial Intelligence Industry News
A collection of Artificial Intelligence latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Opinion | Much Ado About Artificial Intelligence
When Stan Druckenmiller's op-ed arrived by email on Monday this week, my first reaction was—great. A legendary investor, a man who worked alongside Scott Bessent and Kevin Warsh, was making the case against the U.S. Treasury trying to…
Anthropic Stock's $30 Trillion And The Artificial Intelligence Bubble That Never Was (DIA)
AI market valuations, such as Anthropic's potential $2 trillion IPO, appear justified if the projected $30 trillion AI market materializes. I view the risk of an AI bubble as overstated; productivity gains, while mixed, are likely to accelerate as…
In a divided America, the left and right unite to oppose artificial intelligence data centers
In rural eastern Nebraska, a technology revolution could rise from fields of corn and soybean in the form of new data centers to power the artificial intelligence boom. But just like around many parts of the country, opposition has been building in…
Nvidia Stock Has a New $500 Billion Opportunity in the Artificial Intelligence (AI) Boom
Nvidia (NVDA +2.19%) has been a cornerstone of the artificial intelligence (AI) trade since OpenAI introduced ChatGPT in late 2022. Shares have advanced more than 1,300% since January 2023, and most Wall Street analysts still view the stock as…
Amazon service Bezos once called 'artificial artificial intelligence' is shutting down
Amazon announced it's shuttering Mechanical Turk, a platform that matches workers with small digital tasks, on Sept. 30. The platform launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for…
2 Artificial Intelligence (AI) Stocks That Can Skyrocket Up to 484%, According to Select Wall Street Analysts
No trend has captured the attention or capital of investors quite like the rise of artificial intelligence (AI). Empowering software and systems with the tools to make autonomous, split-second decisions is a technology that PwC analysts foresee…
Billionaire Bill Ackman Just Sold Alphabet and Bought These 2 Beaten-Down Artificial Intelligence (AI) Stocks
Bill Ackman, the billionaire founder of the hedge fund Pershing Square Capital Management, was a busy man during the second quarter. He and his team made some notable moves. For instance, the firm surprisingly closed its position in Alphabet (GOOG…
This Artificial Intelligence (AI) Stock Could Fall by 13%, According to Wall Street -- but Here's Why I Refuse to Sell
I bought Duolingo (DUOL -0.55%) stock shortly after it fell to its 52-week low of $90.03 in April, which marked a staggering 83% decline from last year's record high of $540.68. It has since recovered to around $146.84 as of the market close on…
In a divided America, the left and right unite to oppose artificial intelligence data centers
MURDOCK, Neb. (AP) — In rural eastern Nebraska, a technology revolution could rise from fields of corn and soybean in the form of new data centers to power the artificial intelligence boom. But just like around many parts of the country…
Artificial intelligence needs human imagination more than human labour
Every great consumer idea is born twice. First, in someone's imagination. Later, in the consumer's life. Between those two moments lie research, production, persuasion and purchase. Artificial intelligence is rapidly transforming almost every step…
Nvidia sales soar on rapid buildout of AI data centres
Chipmaker Nvidia has reported another huge jump in sales as the global push to build artificial intelligence (AI) systems continues at a rapid pace. The company said on Wednesday it brought in $96bn (£71bn) in revenue during the second…
Amazon is shutting down a go-to option for gig workers. It's the latest casualty of AI growth.
Amazon is closing a platform that became a staple for some gig workers. The company will shut down Mechanical Turk on September 30, according to a message posted on the crowdsourced work platform's website on Tuesday. 'We regularly evaluate our…
AI's hidden billionaires: How the infrastructure boom is creating a new class of wealth
Artificial intelligence is often discussed through the lens of software. Public attention focuses on large language models, generative AI applications, autonomous systems, and the technology giants developing them. Yet behind every AI system sits…
Nvidia sales soar on rapid buildout of AI data centres
Francisco Velasquez Business reporter, New York Chipmaker Nvidia has reported another huge jump in sales as the global push to build artificial intelligence (AI) systems continues at a rapid pace. The company said on Wednesday it brought in $96bn…
Decision Velocity: The New Competitive Advantage In The Age Of AI
Aninda Bhattacharyya is a Senior Director at FICO focused on AI-driven decision systems, financial risk and digital banking platforms. A few months ago, I wrote about how artificial intelligence is evolving from a decision-support tool into an…
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