The firm is ‘unconvinced’ Amazon’s core businesses in online stores and third party services will recover growth after stalling at the end of last year.
Source
Amazon gets rare neutral rating from Rosenblatt, which says inflation will hurt retail sales
Technology
Michael Dell says ‘at some point there’ll be too many’ AI data centers, but not yet
Dell Technologies CEO Michael Dell said Tuesday that while demand for computing power is “tremendous,” the production of artificial intelligence data centers will eventually top out. “I’m sure at some point there’ll be too many of these things built, but we don’t see any signs of that,” Dell said on “Closing Bell: Overtime.” The hardware […]
Read More
Technology
OpenAI’s Sora 2 must stop allowing copyright infringement, Motion Picture Association says
Cfoto | Future Publishing | Getty Images The Motion Picture Association on Monday urged OpenAI to “take immediate and decisive action” against its new video creation model Sora 2, which is being used to produce content that it says is infringing on copyrighted media. Following the Sora app’s rollout last week, users have been swarming […]
Read More
Technology
Billionaire tech investor Orlando Bravo says ‘valuations in AI are at a bubble’
Thoma Bravo co-founder Orlando Bravo said that valuations for artificial intelligence companies are “at a bubble,” comparing it to the dotcom era. But one key difference in the market now, he said, is that large companies with “healthy balance sheets” are financing AI businesses. Bravo’s private equity firm boasts more than $181 billion in assets […]
Read More