Top Banker Warns of AI Bubble Burst, Predicts Losses
JP Morgan's CEO warns that the AI market is overheated and a crash could lead to significant losses.
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JP Morgan's CEO warns that the AI market is overheated and a crash could lead to significant losses.
Intel is actively seeking further investment as it enters discussions with AMD over a potential foundry deal, crucial for its future in semiconductor manufacturing.
Intel is reportedly in talks with Apple to secure investment as part of its efforts to regain market relevance, following CEO Tim Cook's positive comments about seeing Intel return.
Nvidia's latest initiative to invest $100 billion in OpenAI aims to significantly bolster AI infrastructure and technology development.
Softbank's significant investment coincides with reports of the US government considering taking a stake in Intel.
OpenAI's CEO Sam Altman expresses concerns about the unsustainable funding trends in artificial intelligence, predicting significant losses for some investors.
OpenAI has announced the successful closure of a remarkable funding round that has elevated its valuation to an astonishing $300 billion.
Amazon's commitment to AI-driven TV shows raises questions about their actual appeal to audiences.
A mysterious trader profited immensely from a $54,000 bitcoin investment made in 2011, selling it for a staggering $9.6 billion this week.
Amazon has announced a massive investment to enhance its infrastructure in the UK, which is expected to create thousands of jobs and improve delivery services.
An AI-driven shopping app that attracted substantial investment was found to be utilizing human workers instead of the promised automation.
OpenAI is moving towards a for-profit structure to secure a substantial new round of funding, valued at $300 billion.
Discord is reportedly exploring options for an initial public offering (IPO) amidst its evolving presence in the digital communication space.
Sega announces a strategy shift focusing on fewer game releases while directing more resources into its key franchises.
Significant investment in chip manufacturing aims to bolster the American semiconductor industry, though its implementation remains uncertain.
A consortium of investors led by Elon Musk intends to retract their bid to acquire OpenAI unless it continues to operate as a non-profit entity.
Elon Musk's handling of X (formerly Twitter) raises alarm among banks over questionable investment returns.
Tech giants announce a massive investment to create state-of-the-art AI infrastructure across the United States.
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