OpenAI is reportedly losing $15 million daily on generative video projects, primarily through partnerships with Sora AI. Bill Gates cautioned Microsoft CEO Satya Nadella about excessive spending. This financial strain may impact OpenAI’s future developments and market positioning.
/PRNewswire/ — Area Cooperative Educational Services (ACES) has announced the launch of the ACES Center for Artificial Intelligence, a new initiative designed…
Fred Alger Management, an investment management company, released its “Alger Spectra Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets continued their upward trajectory in the third quarter, with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for […]
Fred Alger Management, an investment management company, released its “Alger Spectra Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets continued their upward trajectory in the third quarter, with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for […]
SoftBank sold its entire Nvidia position to fund major OpenAI investments, as rising AI valuations prompt caution among investors
The world has entered the most consequential tech race since the dawn of the nuclear age, but this time the weapons are algorithms instead of atoms.
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AI Demand Surges, CoreWeave Stock Falls as Expansion Hits Snags
Shares of Nebius (NBIS) rose about 1% premarket on Tuesday after the company announced a deal with Meta Platforms (META) along with its third quarter results.
