Jeff Bezos Returns To An Operating Role As Co-CEO Of AI Startup Project Prometheus: Report Project Prometheus will focus on engineering and manufacturing in three sectors: computing, aerospace, and automobiles.
BofA Expert Warns AI Boom Needs 'More Land' Than Singapore,' More Energy' Than Japan,' As Growth Faces Massive Bottleneck A BofA expert warns the AI boom needs 'more land than Singapore' and 'more energy than Japan,' facing a massive infrastructure bottleneck.
La Rosa Holdings Pivots Hard Into AI With Billion-Dollar Backing, Triggering Sharp Stock Drop La Rosa Holdings Corp. secures $1.25 billion in funding for next-gen AI data centers. CEO outlines vision for tech-forward growth opportunities.
Schwab: Half Of US Investors May Ditch Other Assets For ETFs — 4 Funds To Watch Nearly half of ETF investors could go all-ETF within five years, Schwab says. Here's how they're building portfolios with funds like ITOT, BND, and XLK.
AI Hits The Court: NBA Reportedly Joins $40 Million Investment Round For Fastbreak AI According to a Bloomberg News report, the company’s funding round is led by sports venture capital firms Greycroft and GTMfund and also saw support from the National Hockey League.
Dan Ives Sees Nasdaq At 30,000 Points, Explaining Why AI Revolution Is Not Bubble: '2-3 Years Left' In Tech Bull Market Top analyst Dan Ives predicts Nasdaq 30,000, arguing the AI revolution is not a bubble and the tech bull market has "2-3 years left."
Dan Ives Says Wall Street Is ‘Underestimating’ Scale And Scope Of AI Revolution: ‘Bears Have Never Understood This…’ Ives expressed optimism despite AI valuation concerns, which have gained prominence after Wall Street CEOs warned of the possibility of a pullback in equities.
Mohamed El-Erian Warns Some AI Names Will 'End Up In Tears' But Supports Limited Winners In AI's 'Rational Bubble' Allianz's Mohamed El-Erian warns some AI names will "end in tears," calling the boom a "rational bubble" with limited winners.
El-Erian Says AI Is Like Electricity, Warns There Are Some Names That Will ‘End Up In Tears’: Report During an interview with CNBC, El-Erian explained that there are some AI stocks that have “reasonable” valuations, but added that there is some froth in the sector.
Why Is OBOOK Holdings Stock Soaring Friday? Blockchain company OWLS, listed on Nasdaq as OBOOK Holdings Inc, expands US regulatory footprint with new money transmitter licenses.
Jeff Bezos Touts Data Centers In Space As Samsung And OpenAI Plan Floating Data Centers In The Ocean As AI strains grids, Samsung & OpenAI plan floating ocean data centers. Tech leaders like Jeff Bezos say the future of compute is in space.
Justin Wolfers Warns Of 'Two Economies:' 'We're On The Cusp Of A Non-AI Recession' Economist Justin Wolfers warns of "two economies." An AI boom masks that the rest of the economy is "on the cusp of a non-AI recession."
