Artificial intelligence
Former Wall Street analyst building market AI on why stock pickers won’t go extinct
Wall Street isn’t immune from the plot line that has generative AI resulting in wholesale knowledge worker replacement. A new tool from AlphaSense, called Deep Research, won’t provide any comfort. The generative AI agent functions like a team of analysts operating at what AlphaSense calls “superhuman speed,” generating research and market insights, and building investment-grade […]
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2025 CNBC Disruptor 50: How we chose companies on this year’s list
The top five companies on the 2025 CNBC Disruptor 50 list — Anduril, OpenAI, Databricks, Anthropic and Canva — have a combined valuation of just under $500 billion. This is more than the combined total valuation of almost every past Disruptor 50 list of the last 12 years. OpenAI, the company that sparked a global […]
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Microsoft-backed AI lab Mistral is launching its first reasoning model in challenge to OpenAI
French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images French artificial intelligence firm Mistral is on Tuesday launching its first reasoning model to compete with rival options […]
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Huawei chips are one generation behind U.S. but firm finding workarounds, CEO says
Logo of Huawei at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Huawei Technologies’ chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and […]
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‘He’s like Iron Man’: Jensen Huang lit up London Tech Week — and we were in the room
Jensen Huang, co-founder and chief executive officer of Nvidia, at the London Tech Week exposition in London, UK, on Monday, June 9, 2025. Bloomberg | Bloomberg | Getty Images LONDON — Wherever Nvidia CEO Jensen Huang goes, excitement follows — this time, all the way to London Tech Week. The Nvidia boss — whom Wedbush […]
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Nvidia CEO says the UK is in a ‘Goldilocks’ moment: ‘I’m going to invest here’
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images LONDON — Nvidia CEO Jensen Huang poured praise on the U.K. on Monday, promising to boost investment in the country’s artificial intelligence sector with his multitrillion-dollar semiconductor company. “The […]
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Sam Altman brings his eye-scanning identity verification startup to the UK
Sam Altman’s identity verification venture World is launching its eye-scanning Orb product in the U.K. World LONDON — World, the biometric identity verification project co-founded by OpenAI CEO Sam Altman, is set to launch in the U.K. this week. The venture, which uses a spherical eye-scanning device called the Orb to scan people’s eyes, will […]
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New research busts 6 AI myths: Artificial intelligence makes workers ‘more valuable, not less’
Artificial intelligence makes people more valuable, according to PwC’s 2025 Global AI Jobs Barometer report. Pixdeluxe | E+ | Getty Images Despite widespread fears that artificial intelligence could automate jobs and cut employees’ wages, AI actually makes people “more valuable, not less,” new research by professional services firm PwC found. “What causes people to react […]
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Family office deals slow in May with bets on nuclear batteries and AI testers
Key Points Nuclear energy startups are gaining steam with private investment firms of the ultra-rich. Billionaire Barry Sternlicht’s family office invested in Zeno Power, a nuclear battery firm, in May. These deals are set to grow with family offices wanting to capitalize on the AI’s power demands and President Trump’s recent executive order to boost […]
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Amazon’s R&D lab forms new agentic AI group
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]
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