Wall Street’s Best Ideas: AI may make Micron’s business no longer a commodity Nvidia competitor Graphcore is bought out by SoftBank even as the news flow keeps getting better and better for Nvidia, while Micron Technology’s memory business is becoming less of a commodity, and
@tiernanraytech
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AI Trade Reckoning: Nvidia, Tesla, and Micron Analysis
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The TL Podcast for July 8th: Reckoning with the AI trade Worrying about Nvidia’s upside, questioning Tesla’s turnaround, debating Micron Technology’s spending, and picking software winners https://
thetechnologyletter.com/the-posts/the-
tl-podcast-for-july-8th-reckoning-with-the-ai-trade
… Or catch it on Apple Podcasts: http://
bit.ly/40HBLJg $NVDA -
Amazon Proposes New AI Benchmark to Measure RAG
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Amazon proposes a new AI benchmark to measure RAG Choosing the right algorithm for RAG could yield more AI improvements than scaling to larger and larger language models, say AWS researchers. https://
zdnet.com/article/amazon
-proposes-a-new-ai-benchmark-to-measure-rag/
… $AMZN -
Generative AI New Attack Vector Endangering Enterprises
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Generative AI is new attack vector endangering enterprises, says CrowdStrike CTO Gen AI opens up all kinds of opportunities to obtain sensitive data without even building malware. https://
zdnet.com/article/genera
tive-ai-is-new-attack-vector-endangering-enterprises-says-crowdstrike-cto/
… $CRWD -
ChatGPT and Copilot fail at simple image editing task
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AI can't edit: Why ChatGPT failed hilariously at my simple image task The chatbot started to talk very fast, reminiscent of the computer HAL 9000 trying to save itself in the movie 2001. Copilot didn't fare any better. https://
zdnet.com/article/ai-can
t-edit-why-chatgpt-failed-hilariously-at-my-simple-image-task/
… @OpenAI $MSFT -
What is Artificial General Intelligence and the Path to Human-Level AI
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What is artificial general intelligence? Everything you need to know about the path to creating an AI as smart as a human or even smarter. https://
zdnet.com/article/what-i
s-artificial-general-intelligence/
… @GaryMarcus @ylecun @leopoldasch -
Apple’s billion-subscriber AI services business opportunity
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How big could an Apple AI services business be? Apple could offer its billion-plus retail subscribers an AI service not unlike what OpenAI and Google offer, but with Apple’s guarantee of privacy and security. https://
fastcompany.com/91147804/apple
-ai-services-big-business
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Micron’s Major CapEx Spending Plan for AI Data Centers
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Micron sells off on intent to spend big in 2025 Micron expects to spend a lot more next fiscal year starting in September, which it justifies by DRAM growth in AI data centers. Investors will grumble at spending, but it’s probably the right move. https://
thetechnologyletter.com/the-posts/micr
on-sells-off-on-intent-to-spend-big-in-2025
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Wall Street’s Best Ideas: Rivian and Enovix breakthroughs
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Wall Street’s Best Ideas: Rivian’s lifeline, Enovix’s endorsement Rivian got a stamp of approval from Volkswagen for its electrical “architecture,” and a billion-dollar lifeline, and Enovix soars on news a big tech name is going to use its batteries in headsets.
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Technology Letter Portfolio Up 175% Since Inception Nvidia
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Through June 18th, The Technology Letter 20 group of stocks to consider is up 175% since inception in July of 2022, and up 78% this year. A good chunk of that is because of Nvidia, which most fund managers were not buying before its breakout forecast in May of last year. Nvidia