InnoTech Forum: Hong Kong has potential to become an AI applications development hub

InnoTech Forum: Hong Kong has potential to become an AI applications development hub

Hong Kong has the potential to transform itself into an artificial intelligence (AI) applications development hub, on the back of the government’s forward-looking policy initiatives and as part of the broader information technology ecosystem in the Greater Bay Area, according to a panel discussion at InnoTech Forum 2024. “It’s almost essential for Hong Kong to…

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Wall Street Says Buy One and Sell the Other

Wall Street Says Buy One and Sell the Other

Consultancy PwC estimates artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. Investors hoping to benefit are piling into AI stocks, and Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR) have been two of the most popular choices. In the last two years, Nvidia shares surged 728%, and Palantir…

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Down 2% Since June, History Says the AI Stock Will Do This Next

Down 2% Since June, History Says the AI Stock Will Do This Next

For many investors, Nvidia (NASDAQ: NVDA) has emerged as the quintessential artificial intelligence (AI) stock. That’s because the company’s graphics processing units (GPUs) are the industry standard in accelerating complex data center tasks, such as training machine learning models and running AI applications. Nvidia shares have surged 780% since the generative AI application ChatGPT went…

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