WASHINGTON, Oct 14 (Reuters) - The U.S. artificial intelligence investment boom may be followed by a dot-com-style bust, but it is less likely to be a systemic event that would crater the U.S. or ...
It seems nothing can hold back the bulls on Wall Street — not trade wars or interest rates or nagging concerns over the cost of living. Fueled by trillions in spending on artificial intelligence, U.S.
Two weeks ago, Nvidia Corp. agreed to invest as much as $100 billion in OpenAI to help the leading AI startup fund a data-center buildout so massive it could power a major city. OpenAI in turn ...
After a flurry of billion-dollar raises, hundreds of newly minted crypto firms are now fighting to justify their valuations and prove their treasury strategies amount to more than hype. In the span of ...
A'ja Wilson just finished one of the greatest seasons any athlete could have: Regular season MVP, Defensive Player of the Year, Finals MVP and a championship with the Las Vegas Aces, her third ring in ...
With power demand surging and fossil fuels back in fashion, it is a good time to be making turbines for gas-fired power plants. The question for the industrial companies that manufacture these ...
The job roles most at risk of being replaced by AI have been revealed in a new study by Microsoft. Assessing more than 200,000 interactions with its Copilot generative AI chatbot, the tech giant has ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Ed Ludlow reports on the financing that is helping fuel the AI boom.
Wall Street is growing louder with warnings that the artificial intelligence trade may be overheating. After months of record gains in AI-linked stocks and corporate spending, concerns are mounting ...
Analysts expect a record profit in the third quarter TSMC benefiting more than other chip foundries from AI boom TSMC has already reported market-forecast-beating rise in Q3 revenue Earnings call at ...