Author: Advanced AI Editor
A row of computers in a data center.Jason Marz/Getty Images President Donald Trump’s new budgetary package includes a tax incentive for semiconductor companies. The One Big Beautiful Bill Act includes a provision to compel chipmakers to start building quickly. This is likely to be a significant tailwind for companies that build chips on US soil or plan to. Wall Street’s favorite tech trade could be about to get a fresh boost. President Donald Trump signed the One, Big, Beautiful Bill Act into law on July 4, and there are some parts of the legislation that could unleash further gains for…
Mustafa Yalcin/Anadolu via Getty Images Nvidia’s surge has stunned investors since ChatGPT ignited the AI boom at the end of 2022. On Wednesday, the chipmaker became the first $4 trillion company. These three charts illustrate Nvidia’s rise to stock-market dominance. Nvidia’s rise since the debut of ChatGPT in November 2022 has been stunning. Shares of the chipmaker—known mostly for gaming hardware prior to the AI boom—embarked on a dizzying rally since AI burst into public consciousness and sparked a frenzy for the tech among Wall Street investors. The stock has risen more than eightfold over that timeframe, and on Wednesday,…
Wedbush Securities’ Dan Ives said Apple needs to acquire the $14 billion startup Perplexity in order to catch up and ultimately prevail in the AI race. While the company has an advantage because of the popularity of its iPhone and other iOS devices, it ultimately needs to look outside instead of building out an AI product in-house, Ives wrote in a Wednesday note. Apple is falling behind in the AI race, and the only way it can catch up is by buying the AI startup Perplexity, according to a top analyst. Dan Ives of Wedbush Securities said it’s clear Apple…
Advanced Micro Devices AMD’s next-gen AI chips, due for launch next year, have OpenAI as a client The performance of Advanced Micro Devices’ latest AI chips is on par with Nvidia’s current Blackwell chips, HSBC analysts said. In a note Thursday, HSBC analysts upgraded their rating on AMD to a “buy” from a “hold” and doubled their price target to $200. AMD shares are jumping Thursday, while those of Nvidia’s are little changed. The performance of Advanced Micro Devices’ (AMD) latest AI chips is on par with those from Silicon Valley rival Nvidia’s (NVDA), HSBC analysts said. In a note Thursday,…
CHONGQING, CHINA – MAY 19: In this photo illustration, the logo of Nvidia is displayed on a smartphone screen on May 19, 2025 in Chongqing, China. (Photo by Li Hongbo/VCG via Getty Images) | Image Credits:VCG / Contributor / Getty Images Nvidia seems determined to find a way to sell AI chips in China despite U.S. export restrictions. The semiconductor giant is planning to launch an AI chip specifically for the Chinese market as early as September, as originally reported by the Financial Times. This AI chip would be based on Nvidia’s Blackwell RTX Pro 6000 processor, which is already…
(Bloomberg) — Alphabet Inc.’s Google is adding the ability for paid users of its Gemini artificial intelligence assistant to turn their photos into short video clips, expanding access to a tool the tech giant launched earlier this year to a more limited audience. Most Read from Bloomberg People who subscribe to Google AI Ultra and Pro plans in select regions will be able to use the feature through the web version of Gemini starting Thursday, the company said in a statement. The tool will be rolled out on the Gemini mobile app throughout the week. The new feature lets users…
Bloomberg / Getty Images Meta has been building up its “Superintelligence” team to build artificial general intelligence (AGI) Meta Platforms reportedly offered a package worth more than $200 million to poach Apple’s top executive in charge of artificial intelligence models, as the Facebook parent builds up its new “Superintelligence” AI division. According to Bloomberg, citing people with knowledge of the matter, Apple didn’t attempt to match the offer. Meta shares are up by almost a quarter this year while those of Apple, which has struggled to catch up on the AI front, are down more than 15%. Meta Platforms (META)…
Nicolas Economou/NurPhoto via Getty Images Tech will keep driving the S&P 500 to all-time highs, according to Mary Ann Bartels. Tariffs and inflation concerns are overblown, Bartels believes. Bartels sees the S&P 500 reaching 7,000 by year-end. Don’t bet against the continued strength of Big Tech. Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, expects to see AI drive earnings growth and boost the S&P 500 to new all-time highs by the end of the year. Bartels, whose accurate bullish forecast earned her a spot in Business Insider’s Oracles of Wall Street last year, is predicting a 12% surge…
Image Credits:Kimberly White / Getty Images TechCrunch Disrupt 2025 is the epicenter where 10,000+ startup and VC leaders gather to explore the future of innovation — and this year, two AI Stages bring the intersection of design and machine learning into sharp focus. We’re thrilled to welcome Alejandro Matamala Ortiz, co-founder and chief design officer at Runway, to one of the AI Stages at Disrupt 2025, taking place October 27–29 in San Francisco. As part of a can’t-miss panel conversation, Ortiz will share how design principles are guiding the next generation of generative AI tools — and how his team…
Charly Triballeau / AFP via Getty Images Delta plans to expand its use of Fetcherr, an AI price-setting tool. Delta is using AI to set prices for 3% of domestic flights and plans to ramp this up to 20% by the end of the year, President Glen Hauenstein said Thursday. The tool, from the company Fetcherr, is designed to identify the maximum an individual would pay for a ticket. Fetcherr is helping Delta do a “full reeingineering” of how it prices, Hauenstein said at the company’s Investor Day in November. Struggling to snag the cheap Delta ticket everyone else on…