Growing macro risks led to a sell-off in tech stocks in the first quarter, but fund manager Sid Choraria believes investors “must own” these three stocks.
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Fund manager names 3 ‘must own’ tech stocks — and explains why he is keeping an eye on Meta
Technology
Web giant Cloudflare to block AI bots from scraping content by default
Jaque Silva | Nurphoto | Getty Images Internet firm Cloudflare will start blocking artificial intelligence crawlers from accessing content without website owners’ permission or compensation by default, in a move that could significantly impact AI developers’ ability to train their models. Starting Tuesday, every new web domain that signs up to Cloudflare will be asked […]
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China’s Huawei open-sources AI models as it seeks adoption across the global AI market
In recent years, the company has transformed from a competent private sector telecommunications firm into a “muscular technology juggernaut straddling the entire AI hardware and software stack,” said Paul Triolo, partner and senior vice president for China at advisory firm DGA-Albright Stonebridge Group. Ramon Costa | SOPA Images | Lightrocket | Getty Images Huawei has […]
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Elon Musk’s xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched […]
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