Author: Advanced AI Editor
Chesnot / Getty Images Nvidia CEO Jensen Huang speaks at VivaTech in Paris on June 11, 2025 Nvidia’s Jensen Huang said this week he believes “everybody’s jobs will be changed” by artificial intelligence. Also this week, OpenAI’s Sam Altman said there could be “whole classes of jobs going away,” due to AI, but that he expects people to find new solutions to address the shift. The comments come amid concerns over the extent to which AI could disrupt the labor market. Nvidia (NVDA) CEO Jensen Huang said at an event earlier this week that he believes “everybody’s jobs will be…
Many big tech companies, including startups, are foraying into the emerging field of quantum computing. Out of the 300 quantum computing patents issued in 2025, two companies have received the most. What Happened: International Business Machines Corp. and Alphabet Inc.‘s (NASDAQ:GOOGL) Google appear to have made significant investments in the quantum computing space on a year-to-date basis. Advertisement: High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. According to the data shared by Martin Shkreli, there was a steep drop-off in issued patents after IBM and Google, suggesting that other companies are either…
(Bloomberg) — Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off. Most Read from Bloomberg The stock is back near record territory after soaring more than 40% from its April low. Last week, Meta finalized a $14.3 billion investment in Scale AI, whose leader is joining a team being assembled by Chief Executive Officer Mark Zuckerberg to pursue artificial general intelligence. That came just after Meta raised its capital spending forecast for 2025 to as much as $72 billion. “The…
We recently published a list of Jim Cramer Discusses Quantum Computing Stocks Among These 12 Stocks. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other stocks that Jim Cramer discusses. International Business Machines Corporation (NYSE:IBM) is one of the largest enterprise computing firms in the world. It is also one of the oldest technology companies in the industry. International Business Machines Corporation (NYSE:IBM)’s scale and experience enable it to target some of the most important and fastest-growing sectors of the technology industry. Two such sectors are semiconductor fabrication and…
A customer tries a new Huawei phone in the company’s flagship store in Shanghai, China, this month. – NurPhoto/Getty Images Taiwan has added China’s tech titan Huawei and chip giant Semiconductor Manufacturing International Corporation (SMIC) to its export control list, stepping up efforts to align with Washington’s crackdown on companies driving Beijing’s artificial intelligence ambitions. Citing “concerns over weapons proliferation and national security,” Taiwan’s International Trade Administration updated its list of what it calls strategic high-tech commodities entities last week to include Huawei and SMIC, among hundreds of other entities in China, Myanmar, Russia, Iran and Pakistan. Under the restrictions,…
Adobe (NASDAQ:ADBE) on Monday announced at the Cannes Lions International Festival of Creativity the launch of Adobe LLM Optimizer, a new enterprise application designed to help businesses enhance brand relevance and visibility as consumers increasingly adopt generative AI-powered interfaces for brand engagement and discovery. The core function of the LLM Optimizer is to equip businesses with the tools to monitor, analyze, and enhance their presence within Large Language Model (LLM) powered environments. This will allow companies to track traffic originating from AI-driven sources and compare their brand’s visibility against competitors. Also Read: Adobe Stock Undervalued, Says Analyst As It Breaks From…
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel’s ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week. The stock market overreacts to news, and big price drops can…
Image Credits:TechCrunch / TechCrunch Instagram users have for weeks complained about a significant increase in accounts being mistakenly banned or suspended. Many suspect, without direct evidence, that the issues may have to do with the use of AI automation. Reached for comment, Meta has so far not offered an on-record statement. According to a growing number of social media posts, including on sites like Reddit and X, Instagram users report that their accounts were banned even though they had not violated the company’s terms of service or other policies. In addition, when they submitted an appeal to have their account…
International Business Machines Corporation (NYSE:IBM) is one of the 12 AI Stocks Every Investor Should Be Watching. On June 16, Evercore ISI analyst Amit Daryanani raised the stock price target to $315 from $275 and kept an “Outperform” rating on the shares. According to the firm, IBM can sustain mid to high single-digit sales growth and double-digit EPS and free cash flow growth over the next several years. This will enable the company to trend towards $16-$18 of EPS power over the next three years. The analyst cited recent market multiple expansion for its raised target on the shares. International Business…
(Bloomberg) — SoftBank Group Corp (SFTBY). raised around $4.8 billion through a sale of T-Mobile US Inc (TMUS). shares, a move that helps fund the Japanese company’s grandiose plans for artificial intelligence. Most Read from Bloomberg The Tokyo-based technology group sold 21.5 million T-Mobile shares for $224 each — pricing at the bottom of the $224 to $228 range — in an unregistered overnight block sale, according to the final terms of the deal seen by Bloomberg News. The offering, which Bloomberg reported earlier, represents a discount of 3% to T-Mobile US’s Monday closing price of $230.99 per share. SoftBank…