Generative AI
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose […]
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Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Key Points For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the presidential election’s outcome could result in stark differences in the rules they’ll face, the mergers they’ll be allowed to pursue, and the taxes they’ll pay. As president, Donald Trump slashed the corporate tax rate, imposed tariffs on Chinese […]
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Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images CoreWeave, an Nvidia-backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to […]
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OpenAI says bad actors are using its platform to disrupt elections, but with little ‘viral engagement’
Jaap Arriens | NurPhoto via Getty Images OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe. In a 54-page report published Wednesday, the ChatGPT creator said that it’s disrupted “more than 20 operations and deceptive networks from around the world that attempted to use our […]
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AI startup Writer, currently fundraising at a $1.9 billion valuation, launches new model to compete with OpenAI
CEO of writer.com May Habib attends the Harper’s Bazaar At Work Summit, in partnership with Porsche and One&Only One Za’abeel, at Raffles London at The OWO on November 21, 2023 in London, England. Dave Benett | Getty Images San Francisco-based AI startup Writer debuted a large artificial intelligence model on Wednesday to compete with enterprise […]
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OpenAI announces content deal with Hearst, including content from Cosmopolitan, Esquire and the San Francisco Chronicle
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters OpenAI announced a partnership with Hearst, the media conglomerate behind outlets like the Houston Chronicle, the San Francisco Chronicle, Esquire, Cosmopolitan, Elle and others. Under the partnership, OpenAI’s products, such as ChatGPT […]
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Former Humane execs secure $25 million valuation after departing AI hardware startup
Two former executives of Humane, the embattled AI hardware startup, are reemerging with a new artificial intelligence software venture that has raised $4 million at a $25 million valuation. Brooke Hartley Moy and Ken Kocienda, Humane’s former strategic partnerships lead and head of product engineering, respectively, are debuting Infactory, an AI fact-checking search engine. The […]
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Robotaxis are here but the public is reluctant to embrace them
Driverless cars are speeding onto America’s streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity, according to a Pew Research Center Survey. That’s because residents in cities that have yet to […]
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Ryan Serhant: AI will make real estate agents more personable in home buying and selling
Real estate agent and reality television star Ryan Serhant. Newspix Real estate has been historically slow to modernize, but AI is changing that. The integration of artificial intelligence is transforming how buyers and sellers interact with agents, fundamentally altering competitive dynamics in the industry. With AI reshaping daily operations of a real estate agent’s business […]
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OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news on Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big […]
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