Author: Advanced AI Bot
Amazon Web Services isn’t betting on one large language model (LLM) winning the artificial intelligence race. Instead, it’s offering customers a buffet of models to choose from. AWS, the cloud computing arm of Amazon (AMZN), aims to become the go-to infrastructure layer for the AI economy, regardless of which model wins out. By making customer choice a defining principle, AWS hopes to win out against rivals that have aligned closely with specific LLM providers — notably Microsoft (MSFT), which partnered with ChatGPT creator OpenAI (OPAI.PVT). “We don’t think that there’s going to be one model to rule them all,” Dave…
Apple’s WWDC 2025 kicks off in Cupertino, Calif., on June 9, offering developers and users a look at the changes coming to the company’s software products throughout the next year. During last year’s WWDC, Apple (AAPL) unveiled its Apple Intelligence AI platform. And while the showcase made for some impressive tech demos, the company hasn’t been able to deliver on all of its high-flying promises. There’s still little sign of when Apple will begin rolling out its generative AI-powered Siri, and the AI capabilities it has pushed out aren’t exactly blowing minds on Wall Street, or anywhere else, for that…
Nvidia’s (NVDA) AI chips laid the groundwork for a massive wave of venture capital investments in AI startups. From the first quarter of 2023 — following the launch of ChatGPT in November 2022 — through the first quarter of this year, venture capitalists have invested $306.5 billion in global AI and machine learning startups and private companies, with $230 billion of that value going to US firms, according to PitchBook data. And over that time frame, AI and machine learning companies accounted for roughly 48% of the total venture capital investments in the US. “ChatGPT’s breakout showed that large language…
Nvidia (NVDA) has outperformed every stock in the S&P 500 (^GSPC) since the launch of ChatGPT in late November 2022. Shares in the chipmaker have risen nearly 700% since ChatGPT brought the power of artificial intelligence to the masses, far outpacing the S&P 500’s roughly 45% over the same time period. The next closest gain for an S&P 500 company in that time period is a 540% pop for Vistra Corp (VST). Nvidia has established itself as the key provider of chips needed to operate AI systems. Now at the epicenter of an AI arms race, Nvidia has established itself…
Nvidia (NVDA) rolled into this year’s Computex Taipei tech expo on Monday with several announcements, ranging from the development of humanoid robots to the opening up of its high-powered NVLink technology, which allows companies to build semi-custom AI servers with Nvidia’s infrastructure. The announcements come as Nvidia rides a recent hot streak after the US announced it was scrapping the Biden administration’s AI diffusion rules that would have put limits on which countries could buy the company’s AI chips. Nvidia was also a topic of President Trump’s visit to Saudi Arabia, where the company said it will supply several hundred…
Nvidia-backed AI cloud company CoreWeave (CRWV) stock has soared over 100% since its IPO in March as investors’ hopes for the AI boom outweigh concerns over what some analysts say is a risky business model. Over the same time frame, the S&P 500 gained a much more modest 7%. CoreWeave is one of the largest holders of Nvidia’s graphics processing units (GPUs) and rents its data center capacity to Big Tech firms such as Microsoft (MSFT) and Meta (META) as they scramble to power their AI ambitions. Nvidia (NVDA) holds a 7% stake in CoreWeave, according to the AI chipmaker’s…
Nvidia (NVDA) stock jumped 16% over the five trading sessions ending Friday. The reason: optimism for its overseas business, specifically deals announced to expand its business in Saudi Arabia and the United Arab Emirates. This comes ahead of its quarterly earnings report on May 28. On Tuesday, Nvidia unveiled a commitment with Saudi Arabia’s new AI venture Humain — which is owned by Saudi Arabia’s $925 billion Public Investment Fund — to supply it with several hundred thousand AI chips over the next five years. The news came amid a flurry of deals between Humain and US Big Tech firms…
Nvidia (NVDA) stock jumped 3.7% midday Wednesday, extending its gain from the prior day, when shares rose nearly 6% and the AI chipmaker’s market cap surpassed $3 trillion for the first time since February. The gains come as US chipmakers, including Nvidia, announced billions of dollars’ worth of deals with Saudi Arabia during an investment forum attended by President Trump on Tuesday. Nvidia said it will supply several hundred thousand of its AI chips to Saudi Arabia’s AI venture Humain over the next five years, beginning with the sale of one of its latest Grace Blackwell AI supercomputers using 18,000…
Alphabet (GOOGL, GOOG) investors would be better off breaking up most or all of Google’s business as it struggles to prove that its search engine can maintain dominance in the AI chatbot era, DA Davidson analyst Gil Luria told Yahoo Finance in an interview Tuesday. “ By not breaking up, the company management is dooming Google to trade at … an extraordinarily low earnings multiple for a growth company,” Luria said. Last August, US District Judge Amit Mehta found Google liable for illegally monopolizing the general search engine market and the market for general search engine text, Yahoo Finance’s Alexis…
Big Tech’s earnings season is in full swing. And while we’ve still got a few weeks left before Nvidia reports its results on May 28, one major pattern is emerging. AI and advertising are dodging the impact of President Trump’s tariffs, while consumer-focused companies like Apple take the hit. Google parent Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), and Microsoft (MSFT) all scored solid results. Alphabet raised its dividend and authorized an additional $70 billion in stock buybacks, Meta provided strong guidance for the current quarter, and Microsoft pointed to healthy cloud sales. Amazon offered a lighter-than-anticipated outlook on its…