Michael Dell thinks his fellow technology founders need more tailored advice. BDT & MSD, the merchant bank whose advisory board he chairs, is expanding its business to help them get it.The firm is hiring Ryan Nolan,
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs note from Friday and seen by Reuters Monday showed. The data, from Goldman's prime brokerage desk, covered data from Jan 17 - 24. Bank prime brokerage desks lend to hedge funds and see their trading flows.
Investing.com - The emergence of Chinese start-up DeepSeek could have upside macroeconomic implications in the medium-term should its cost reductions help usher in a period of increased competition in the development of artificial intelligence platforms,
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
Microsoft (NASDAQ:MSFT) has lagged behind the NASDAQ over the past year but is off to a strong start in 2025, outperforming the broader market.
“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at their own plants if they want,” Trump said. “At the AI plant they will build energy generation and that will be incredible.” It’s unclear if building energy operations inside an AI data center is possible in practice.
Approximately $1 trillion is set to be spent globally on AI development in the coming years, according to estimates by Goldman Sachs. But DeepSeek developed its AI model for $6 million, according to Wedbush Securities analyst Dan Ives .
Last week, hedge funds fled their bets on tech stocks, a Goldman Sachs (GS.N), opens new tab ... U.S. AI infrastructure after the success of OpenAI's ChatGPT. "Competition from global players ...
Alibaba Group Holding Ltd (NYSE: BABA) is inching up this morning as investors continue to hail its launch of a new AI model that it claims is more powerful than OpenAI as well as DeepSeek. The artificial intelligence assistant the company is calling Qwen 2.
With new US firm Stargate announcing a half trillion-dollar investment in Artificial Intelligence, and China's DeepSeek shaking up the industry, what does it all mean for AI's environmental impact?
Donald Trump will be the first president to fully embrace digital currencies — and he’s already anointed his crypto princes