tag: artificial intelligence – Charm

Nvidia-Supplier Foxconn Reportedly Bets Big On AI With Up To $3 Billion Annual Spend As Chairman Warns Of Shakeout In Brutal Chinese EV Market – NVIDIA (NASDAQ:NVDA), Hon Hai Precision (OTC:HNHAF)

Cs news2 months ago04 mins

Nvidia Corp (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), is reportedly shifting its financial firepower toward artificial intelligence. Foxconn Pours Billions Into AI As Business Mix Shifts Foxconn Chairman Young Liu said that the company will invest between $2 billion and $3 billion a year into AI…

All-In On US AI Stocks? Don’t Miss The China Trade: Alpine Macro – Invesco China Technology ETF (ARCA:CQQQ), ASML Holding (NASDAQ:ASML)

Cs news3 months ago05 mins

As the battle for AI supremacy intensifies between the world’s two largest economies, analysts say investors focused solely on U.S. tech stocks risk overlooking a critical hedge hiding in plain sight. In a recent research report, Henry Wu, chief quantitative strategist at Alpine Macro—a firm owned by Oxford Economics—said investors piling into U.S. AI giants…

Jeff Bezos Calls AI Boom A Bubble — But Says It’s A Good One – Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)

Cs news3 months ago3 months ago04 mins

Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos acknowledged that artificial intelligence is in “a kind of industrial bubble” but stressed that the technology is real and will deliver “gigantic” benefits to society. Bezos Calls AI Bubble Constructive At Italian Tech Week in Turin on Friday, Bezos described the current surge in AI investment as fitting the…

Jeff Bezos-Backed Perplexity AI Faces Lawsuit In Japan As Media Giants Nikkei, Asahi Claim AI Platform Illegally Stored, Misused Articles – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)

Cs news5 months ago5 months ago04 mins

Japanese media giants Nikkei and Asahi Shimbun have filed a lawsuit against Perplexity AI, which is backed by Amazon founder Jeff Bezos and Nvidia Corporation NVDA. They accused the AI search startup of copying and storing their content without permission. Nikkei And Asahi Seek $30 Million In Damages The lawsuit, filed Tuesday in Tokyo, alleges…

Bill Gates Once Said ChatGPT Would Impact Many Office Jobs — Fast Forward To Today, Have His Words Come True?

Cs news5 months ago5 months ago04 mins

In early 2023, Microsoft co-founder Bill Gates described OpenAI’s ChatGPT as revolutionary, comparing it to the invention of the internet. What Bill Gates Said About ChatGPT Back In 2023 Speaking to Handelsblatt at the time, Gates said the chatbot would make office work “more efficient by helping to write invoices or letters. This will change…

Bill Gates Is Betting Two-Thirds Of His Foundation’s Portfolio In These 3 Stocks – Microsoft (NASDAQ:MSFT), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ)

Cs news7 months ago7 months ago05 mins

The Gates Foundation Trust, founded by the billionaire Bill Gates, has a portfolio valued at $41.806 billion, which is concentrated in these three stocks as of the end of the first quarter of 2025. What Happened: The foundation has received donations from Gates and the Oracle of Omaha, Warren Buffett, since the year 2000 and…