Much of the growth of funding in cloud is being driven by excitement around AI. “AI is sucking the air out of the room” when it comes to cloud, @pbotteri
, partner at Accel, told me in an interview this week. “This is both visible on the public market and and the private market.”
ECONOMY
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AI Driving Cloud Funding Growth Across Markets
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European Chip Stocks Fall After ASML Sales Warning
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European chip stocks are dropping after ASML put out a big 2025 sales warning yesterday: – ASML down 5%
– ASMI down 2.3%
– BE Semionductor down 1.9%.
– STMicro down 1.2%
– Infineon down 1.1%
– Soitec down 0.9% -
States implement new wealth taxes amid economic policy debate
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The linked article by @doctorow is full of early results of various states' new taxes aimed at extremely wealthy individuals. Also, it reminds us that top tax rates in the US were 94% and 70%, during unprecedented economic expansion in the US.
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Impact of Artificial Intelligence on Decentralized Finance
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The Impact Of Artificial Intelligence On Decentralized Finance
#AI #AIio #BigData #ML #NLU #Futureofwork @CRudinschi @AntonioSelas @alexjc @RobotLaunch @karpathy @andyjankowski @bobgourley @CadeMetz http://
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Perplexity Finance: AI Tool for Stock Analysis and Research
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Perplexity for Finance:
— Perplexity (@perplexity_ai) 15 octobre 2024
Real-time stock quotes. Historical earning reports. Industry peer comparisons. Detailed analysis of company financials. All with delightful UI.
Have fun researching the market! pic.twitter.com/BDx6SLQ9ukPerplexity for Finance: Real-time stock quotes. Historical earning reports. Industry peer comparisons. Detailed analysis of company financials. All with delightful UI. Have fun researching the market!
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GenAI Adoption Surges in Insurance While Ethics Concerns Linger
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In a new SAS survey, 89% of insurance decision makers reported plans to invest in GenAI in 2025 — but are AI ethics getting left behind in the race to extract maximum value from this technology? http://
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CFO reveals major shift in China sales strategy below 50%
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Also, CFO says in a video – also released early – that China will account for 20% of its overall sales next. That's WELL below 49% currently.
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ASML Shares Plunge 15% on Revised 2025 Sales Forecast
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What a day… Dutch chip firm ASML released its Q3 earnings a day early – in a "technical error" – and they show it's forecasting 2025 net sales in the lower half of previous guidance… shares nosedived 15% today.
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Google Nuclear Energy, Microsoft OpenAI, Walmart LLM Launch Updates
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Envie d’embarquer pour le Futur ? Google va acheter de l’énergie nucléaire Le VP de la recherche de Microsoft rejoint OpenAI #IAGEN : Walmart lance ses LLM Aerleum transforme le CO2 en carburant pour les cargos @Stoik_app lève 25 M€
C’est parti pour le -
Financial Scam Tactics: Commission Fraud Unlocking Fake Earnings
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When Carly sent the money to the scammer in question, she was later told she had made a great deal of money — but that, to unlock the funds, she would have to pay a “commission.”