(Bloomberg) — Fermi Inc. shares rose 55% in their debut after the energy real estate investment trust raised $682.5 million in its US listing, the latest sign of investors’ hunger for exposure to a boom in artificial intelligence. Most Read from Bloomberg Shares of the company closed at $32.53 versus an IPO price of $21….
On Tuesday, OpenAI released an AI video app called Sora. The platform is powered by OpenAI’s latest video generation model, Sora 2, and revolves around a TikTok-like For You page of user-generated clips. This is the first product release from OpenAI that adds AI-generated sounds to videos. For now, it’s available only on iOS and…
Elon Musk said Tuesday that his artificial intelligence firm xAI is building “Grokipedia” – an open-source digital encyclopedia to rival Wikipedia, which the tech tycoon has repeatedly accused of leftist bias. The Tesla founder boasted that the new encyclopedia – named after xAI’s chatbot Grok – “will be a massive improvement over Wikipedia.” “Join @xAI…
Seven years ago, He Yangyang left his university job in downtown Shanghai to return to his Songjiang district hometown – on the outskirts of the city – and begin exploring how digital technology could transform farming. Today, his Tushibao Agricultural Cooperative farm has made the hi-tech vision of agriculture a reality, using a central control…
PARIS — The Hong Kong government-backed digital fashion initiative FabriX returned to Paris Fashion Week for the third time with a lineup of designers for “Tomorrow Was: Fragments of Tomorrow, Told Through Fashion.” Featuring four designers showing in Paris — Kevin Germanier, Alainpaul, Caroline Hú and Didu — the activation is a four-part installation that’s aimed to…
AI-generated actor making waves and getting pushback in Hollywood – CBS News Watch CBS News An artificial intelligence generated actress named Tilly Norwood was unveiled over the weekend and is drawing buzz and pushback from Hollywood. Jo Ling Kent reports. Source link
NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 Most Profitable Blue Chip Stocks to Buy Right Now. NVIDIA Corporation (NVDA) Announces a $100 Billion Investment in OpenAI A $100 billion investment in OpenAI was announced by NVIDIA Corporation (NASDAQ:NVDA) on September 26, 2025. This was the company’s largest contribution to date and demonstrated its strategic position within…
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) ticked higher on Monday, closing up 1.7% at $181.11 after trading in a wide intraday range between $179.01 and $183.85. The move came as analysts doubled down on the company’s role at the center of the artificial intelligence boom. The stock has been riding strong momentum…
Elon Musk’s empire is losing senior talent, with veterans and new hires bailing over punishing hours, sudden pivots, and his MAGA-flavored politics, amid an ongoing war with OpenAI’s Sam Altman. The pace reflects Musk’s all-consuming race to catch rivals in AI after ChatGPT upended Silicon Valley’s pecking order, insiders told the Financial Times. Several current…
00:10 Speaker A Can China threaten the US dominance in AI? Well, the Shanghai composite, China’s mainland benchmark rose 3% in September alone. It’s longest monthly rally since 2017. Why? Well, Asian tech stocks have been on the rise. They’ve been benefiting from optimism around companies linked to AI developments. But is this optimism warranted?…