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The Latest Breaking News on AI

CoreWeave Is A 'Debt-Fueled GPU Rental Business,' Says Kerrisdale, Shorting CRWV Amid Criticisms Of Valuation-Boosting 'Circle Jerk' With Nvidia

Kerrisdale Capital has revealed a short position against CoreWeave Inc. (NASDAQ:CRWV), labeling the AI infrastructure firm a “debt fueled GPU rental business with no moat” and setting a price target that implies 90% downside from its current valuation.

Benzinga

UK pay growth stays high – but Britons are feeling the pinch

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

The Guardian - UK

Nvidia's Multi-Trillion Dollar AI Playground: McKinsey Quantifies 3.5x Surge In AI Data Center Demand, Presenting $6.2 Trillion Opportunity For NVDA

A new analysis by McKinsey Company projects a massive 3.5-fold increase in the global demand for AI-specific data center capacity by 2030, potentially creating a multi-trillion-dollar market opportunity for chipmaker Nvidia Corp. (NASDAQ:NVDA).

Benzinga

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Ahead Of Fed Rate Meeting, BlackRock Remains 'Risk-On' US Equities Despite Sticky Core Inflation

The BlackRock Investment Institute is maintaining its “risk-on” investment stance, remaining overweight in U.S. equities despite acknowledging that core inflation is proving sticky.

Benzinga

Top UK artists urge Starmer to protect their work on eve of Trump visit

Paul McCartney, Kate Bush and Elton John among creatives arguing that Labour’s AI proposals could result in ‘an artist’s life work to be stolen’

The Guardian - UK

Oscar Health Stock Is Trending, But Why Is It Down 3% After Hours Today?

Oscar Health Inc. (NYSE:OSCR) shares are trending on Tuesday.

Benzinga

Google to invest £5bn in UK over next two years

Chancellor Rachel Reeves said it is a ‘vote of confidence’ in the UK economy.

Evening Standard

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WEBTOON Entertainment Stock Pops 58% After-Hours On Disney Partnership Featuring Marvel, Star Wars

Webtoon Entertainment Inc. (NASDAQ:WBTN) shares surged more than 58% in after-hours trading on Monday after announcing a partnership with The Walt Disney Co. (NYSE:DIS) to build a digital comics platform that will bring together decades of Marvel, Star Wars, Pixar and Disney titles.

Benzinga

Dan Ives Says World Project Will be Key 'Proof Of Human' In The AI World — WLD Has Shot Up 50% Over Last Month

Wall Street tech analyst Dan Ives expressed confidence in World Network’s (WLD) role in the AI revolution on Monday, referring to it as a “core authentication layer.”

Benzinga

Health misinformation on social media could lead to a ‘sicker UK’, experts warn

Experts at The London School of Hygiene & Tropical Medicine are calling for universities, health organisations, charities to join a new network aimed at fighting misinformation

The Independent UK

Amazon gears up for the big reveal of its fresh devices later this month

Amazon is set to unveil its latest tech innovations on September 30 in New York City, with hints of enhanced Alexa capabilities, color e-ink Kindles, and potential updates to its Fire devices as it redefines its hardware approach.

Android Central

Cathie Wood, Dan Ives Align On These 11 AI Stock Picks — Some Might Surprise You

Two of the most well-known financial figures are betting on future growth from the artificial intelligence sector. Here's a look at the stocks that Dan Ives and Cathie Wood have in common across their ETFs.

Benzinga

From ChatGPT to cheating — AI is changing the way UK students learn, and universities aren't prepared

UK students are using AI to write essays, study for exams, and even complete homework. Teachers are scrambling to keep up.

Windows Central

YouTube video reveals new Meta smart glasses and wristband right before Meta Connect

A leaked YouTube video that looks like an ad for Meta reveals new smartglasses and the EMG wristband.

Tom’s Guide

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Benzinga

Oracle Stock Is Rising Monday: What's Going On?

Oracle Corp (NYSE:ORCL) shares were trading higher Monday, continuing a remarkable surge from last week. The stock is building on a five-day gain of nearly 25%, as investors cheered the company’s aggressive pivot towards artificial intelligence infrastructure.

Benzinga

Oracle 'Will Reshape Industries And Change The World': Gene Munster On What OpenAI Deal Means

Gene Munster says Oracle Corp‘s (NYSE:ORCL) $300 billion deal with OpenAI highlights just how early the company—and others—are in the AI race, sending shares soaring last week despite a quarterly report that missed Street estimates.

Benzinga

Small-Cap Comeback? IWM Tops SPY With Fed Cuts On The Horizon

ETF flows are telling a tale the market can’t avoid: investors are going for small caps. The iShares Russell 2000 ETF (NYSE:IWM) has surged more than 10% since the beginning of August, almost twice the SPDR SP 500 ETF Trust (NYSE:SPY) or Vanguard SP 500 ETF (NYSE:VOO) over that same…

Windows Central

So much for reaching net-zero — Google's proposed AI datacenter emissions are mind-boggling

Plans for an upcoming Google datacenter in the UK show a bleak look at the impact AI is having on the environment, with the same CO2 emissions as hundreds of flights to Europe every day.

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Tom’s Guide

I asked Google AI mode to recommend the best gaming laptop under $2,000 — you're wasting your money if you trust AI search

How effective is Google AI Mode in recommending gaming laptops? I put it to the test and spoiler alert: it's terrible.

Tom’s Hardware

ASRock's revamped AI Quickset WSL virtualization tool makes it easy to run Linux AI apps on Windows

ASRock has developed a new iteration of its AI Quickset tool that provides users with an automated method of deploying Linux-based AI models on Windows with the help of virtualization.

Benzinga

OpenAI Chairman Compares AI To Dot-Com Bubble: 'Some Companies Will Fail And Some Will Succeed'

OpenAI Chairman Bret Taylor believes the AI sector may be in a bubble similar to the dot-com era, but that's not deterring him from OpenAI or his other AI startup.

Tom’s Guide

I use these 5 ChatGPT prompts to future-proof my career in an AI-driven job market — here’s why they work

These five AI prompts can help you work smarter, stand out from the crowd and stay human — even as AI keeps advancing.

Benzinga

Google Parent Alphabet Just Hit $3 Trillion — Here's What Drove It Higher

Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) hit a $3 trillion market cap on Monday after its stock jumped over 4%, rubbing shoulders with rival Big Tech giants Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), and Apple (NASDAQ:AAPL). U.S. District Judge Amit Mehta‘s lighter-than-expected antitrust ruling, rejecting the United States Department of Justice’s (DOJ) push…

Tom’s Hardware

Expect HDD, SSD shortages as AI rewrites the rules of storage hierarchy — multiple companies announce price hikes, too

The computing market is absolutely ablaze with growth, and what's driving it is AI, of course. The most common headlines on this topic tend to revolve around GPUs, but the storage market is under heavy pressure as well — especially hard drive vendors who purportedly haven't done much to increase…

International Business Times UK

Who Wins If Nvidia Is Sidelined in China? The Hidden Suppliers That Could Rise

China's probe into Nvidia and US export bans could reshape the AI chip market, opening doors for domestic players like Cambricon, Biren, and Moore Threads, though big hurdles remain.

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