In a bold move last month, Scale AI CEO Alexandr Wang took out a full-page ad in the Washington Post, telling President Trump that “America must win the AI war.” The statement sparked mixed reactions, as seen during Wang’s appearance Sunday during the opening night of Web Summit Qatar. When Wang’s interviewer Axios’s Felix Salmon […]
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Given the market-shaping potential of Nvidia’s upcoming Q4 report on Wednesday and the arrival of SoundHound’s own Q4 report the next day, shares are seemingly poised for more big moves this week. With a market capitalization of roughly $3.7 billion, SoundHound AI is now trading at approximately 22.4 times this year’s expected sales. With its last quarterly report, SoundHound raised its full-year sales target for 2024 to between $82 million and $85 million.
Anthropic’s next funding round is reportedly growing larger. Anthropic, which makes the AI chatbot Claude, is finalizing a $3.5 billion fundraising round that values the company at $61.5 billion, according to The Wall Street Journal. Anthropic initially set out to raise $2 billion, but investors have now agreed to a larger tranche, per the WSJ. […]
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AI is leaping out of our computer terminals and into our world.
MongoDB’s acquisition of Voyage AI, specializing in anti-hallucination technology and embedding models, is poised to enhance performance in data handling across various applications. The $220 million deal highlights the growing investment in AI technologies aimed at improving outputs for companies globally.
STORY: Stocks closed mostly lower Monday with the Dow eking out a slight gain, the S&P 500 dropping half of one percent, and the Nasdaq ending the session down one-point-two percent.Investors worried about demand for technology supporting artificial intelligence while they waited for results from market heavyweight Nvidia due out Wednesday. Shares of the chipmaker ended 3% lower.Investor concerns remain over hefty spending on the technology since low-cost AI models from China’s DeepSeek rattled the industry in January.Shares of AI chipmaker Broadcom also fell sharply on Monday, while another popular AI stock, Palantir Technologies, was the tech sector’s biggest percentage decliner.Meanwhile, concerns remain about tariffs and inflation, as well as economic growth after last week’s batch of weak economic data and a disappointing forecast from Walmart.F/m investments Senior Portfolio Manager Don Nesbitt has one word to sum it all up.“I think the underlying theme is uncertainty, right? You know we’ve we’ve got uncertainty out of Washington. We have uncertainty about the state of the consumer and the market’s been trading at very high valuation, you know? So when you when you got this combination of high valuation and uncertainty. Investors get a little bit skittish, so you’ve seen that kind of the pullbacks here.”Other stocks on the move included Warren Buffet’s Berkshire Hathaway which rose 4% and hit an all-time high during the trading session after posting its highest-ever quarterly profit, driven by improvement in insurance operations.And shares of Nike climbed 5% after Jefferies raised its rating for the stock to “buy” from “hold.”
Scientists have developed an AI-powered tool that detects 64% of brain abnormalities linked to epilepsy that human radiologists miss.
Artificial Intelligence is the latest tool helping local doctors care for their patients.
As we grapple with online dangers such as cyberbullying, pornography addiction, harassment, and scams, a new and deeply unsettling threat has emerged – deepfake technology and digital child abuse. Read more at Monash Lens.
The facilities can spur regional economic growth but increase electricity bills as well as carbon emissions.
