Author: advancedainews
Bloomberg / Contributor / Getty Images Palantir CEO Alex Karp speaks during the AIPCon conference in Palo Alto, California on March 13, 2025 The S&P 500 gained 0.8% on Monday, April 14, 2025, after smartphones and other electronics were exempted from President Donald Trump’s “reciprocal” tariffs. Palantir Technologies shares pushed higher after NATO acquired the data analytic firm’s AI-enabled military system. Kidney dialysis treatment provider DaVita said it was the victim of a ransomware attack, and its shares fell. Major U.S. equities indexes ticked higher to start the new trading week after the Trump administration announced smartphones, computers, and other…
Unpacking Q4 Earnings: IBM (NYSE:IBM) In The Context Of Other IT Services & Consulting Stocks The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how IBM (NYSE:IBM) and the rest of the it services & consulting stocks fared in Q4. IT Services & Consulting companies stand to benefit from increasing enterprise demand for digital transformation, AI-driven automation, and cybersecurity resilience. Many enterprises can’t attack these topics alone and need IT services and consulting on everything from technical advice to…
Justin Sullivan / Getty Images Nvidia on Monday announced plans to build supercomputers entirely in the U.S., with the chipmaker and its partners set to invest up to $500 billion in American AI infrastructure. The company’s supercomputer manufacturing plants in Texas, being built in partnership with Foxconn and Wistron, are set to ramp production in the next 12 to 15 months. Nvidia said its Blackwell chips have already started production at TSMC’s Arizona factories. Nvidia (NVDA) on Monday announced plans to build supercomputers entirely in the U.S., with the chipmaker and its partners set to invest up to $500 billion…
LOS ANGELES (AP) — Nvidia announced Monday that it will produce its artificial intelligence super computers in the United States for the first time. The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips in Arizona and AI supercomputers in Texas — part of an investment the company said will produce up to half a trillion dollars of AI infrastructure in the next four years. “The engines of the world’s AI infrastructure are being built in the United States for the first time,” Nvidia founder Jensen…
We recently published a list of the 13 Best Technology Dividend Stocks to Invest in. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other best technology dividend stocks. There was a time when tech stocks drew investor interest purely for their growth potential. But more recently, they’ve been gaining attention for a different reason: dividends. This marks a major shift, given that tech companies have traditionally focused their resources on innovation and expansion. Today, a significant portion of the tech sector consists of established firms with solid business models,…
With the markets in freefall and few exits to be found, it seems impossible right now to scrounge together $2 billion. Unless, perhaps, you’re Mira Murati. Murati, the former CTO of OpenAI, started her Thinking Machines Lab shortly after leaving OpenAI last fall, and the fundraising process for the company has been followed with horse race intensity. The latest: Business Insider reported Murati’s AI startup is looking to raise a $2 billion seed round. If true, it’s a jarring number, representing what could be the largest seed round in tech history. Given the investor frenzy for AI — and for…
(Bloomberg) — Persistent concerns that Alphabet Inc. has fallen behind in the artificial intelligence supremacy race has weighed on the stock this year, and not even the cheapest earnings multiple in about two years, or limited risk from tariffs, has been enough to entice investors. Widely seen as one of the major players in AI, Google’s parent company nevertheless continues to be dogged by the perception that it could lose market share to rivals like ChatGPT. Though it retains a dominant share of Internet search, any loss could put additional pressure on the stock, especially as the company spends aggressively…
We recently published a list of 10 AI Stocks Investors Are Watching Today. In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against other AI stocks investors are watching today. Tech experts strongly believe that the new tariffs could potentially slow down the AI boom. “The AI Revolution trade would be significantly slowed down by these head scratching tariffs that NEED to be negotiated to realistic levels.” In particular, Ives has noted how “near-term pain” may extend longer due to the time required for manufacturing sites in the US to be…
LONDON (AP) — Ireland’s data privacy watchdog said Friday it’s investigating Elon Musk’s social media platform X over its use of personal data to train his artificial intelligence chatbot Grok. The Data Protection Commission said it has opened an inquiry into “the processing of personal data comprised in publicly-accessible posts” that European users posted on X. “The purpose of this inquiry is to determine whether this personal data was lawfully processed in order to train the Grok LLMs” under the bloc’s data privacy law, the commission said in a statement posted online. An LLM, or a large language model, is…
Good morning! AOC wants to ban Congress’s “insider trading,” Meta whistleblower testifies, and Canva’s latest tool would have benefitted its founder. – Learn to code. When Melanie Perkins cofounded Canva over a decade ago, she didn’t have a technical background. What she had was an idea—a vision for graphic design to be easier for people who weren’t literate in Photoshop, and an understanding that with the rise of social media, communication was becoming more visual. Her lack of a technical pedigree was a factor in more than 100 VCs’ decisions to pass as Perkins and cofounder (and now husband) Cliff…