Rapid growth in AI industry lifts stock of historic landowner by 200%
AI boom propels stock of Wild-West-era landowner up 200% The newest addition to the S&P 500 may be a relic of the Wild West, but its skyrocketing valuation is a byproduct of the AI boom. Founded in 1888, the Texas Pacific Land Corporation is a company that has just 100 employees but a market capitalization […]
What Lies Ahead for Nuclear Stocks Amid Regulatory Challenges?
What’s next for nuclear stocks after regulatory pushback? Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to meet its growing power demand. They helped power the S&P 500’s Utilities index (XLU) to all-time highs — the index is on […]
ChatGPT debuts a new search engine, sparking a potential rivalry with Google in the AI-driven internet realm.
ChatGPT releases a search engine, an opening salvo in a brewing war with Google for dominance of the AI-powered internet ChatGPT has launched a search engine, breaking into the market that for decades has been dominated by—and synonymous with—Google. OpenAI, the company behind ChatGPT, announced “ChatGPT Search” on Thursday. This version of the popular chatbot […]
Director of Google DeepMind urges for clear and consistent regulations for AI
Google DeepMind director calls for clarity and consistency in AI regulations In the wake of California’s governor vetoing what would have been sweeping AI safety legislation, a Google DeepMind executive is calling for consensus on what constitutes safe, responsible, and human-centric artificial intelligence. “That’s my hope for the field, is that we can get to […]
Broadband surpasses Tesla in the Magnificent 7 ranking
Broadband knocks Tesla out of Magnificent 7 With hardly anyone noticing, a tech titan you’ve probably never heard of has booted Tesla out of the heavily-hyped Magnificent Seven. Can it stay there? The overlooked Magnificent Seventh is Broadcom, a tech company that produces both hardware and software. It’s well known in the infotech world but […]
Tom Siebel opposes California’s AI safety bill SB 1047
Tom Siebel is against California’s AI safety bill SB 1047 The landmark AI safety bill sitting on California Governor Gavin Newsom’s desk has another detractor in longtime Silicon Valley figure Tom Siebel. SB 1047, as the bill is known, is among the most comprehensive, and therefore polarizing, pieces of AI legislation. The main focus of […]