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The Latest Breaking News from AI

1 'Strong Buy' AI Penny Stock With Breakout Potential

Down 71% from all-time highs, Evolv Technologies is an AI penny stock that trades at a discount to consensus price target estimates.

Barchart

Why C3.ai Stock Is Sinking After Earnings

C3.ai stock is spiraling Thursday after the enterprise AI software company beat top and bottom-line estimates but fell short on subscription revenue.

Kiplinger

Fugees Rapper Pras Michel Not Entitled to New Trial Based on Lawyer's Use of AI to Help Craft Closing Argument

Among other things, "Michel does not explain how ... the [AI-generated] mistaken attribution of a Puff Daddy song in the closing argument" sufficiently undermined his case.

Reason

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AI Stock Comfort Systems Approaches New Buy Point As Profit Growth Accelerates

AI stock leader Comfort Systems is approaching a buy point, as the company's earnings growth accelerates for a third straight quarter.

Investors Business Daily

Should You Buy the Dip in Super Micro Computer Stock?

This AI server company has a stock split on the horizon, but accounting issues have stolen the spotlight, sending SMCI sharply lower this week.

Barchart

Asked about SAG-AFTRA's strike for better AI protections, Amazon Games Boss claims AI 'has nothing to do with taking work away' from actors because 'for games, we don't really have acting'

Acting out.

PC Gamer

AI Stock Powell Industries Eyes Early Entry As Profits Surge 149%

AI stock Powell Industries is approaching a new buy point Wednesday following the company's strong quarterly results in late July.

Investors Business Daily

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Sen. Warren Questions Tesla Board On Musk's Potential Conflicts Of Interest

Among the concerns Warren outlined in her letter are Musk's establishment of xAI, an artificial intelligence startup, and threats he made to work on AI outside Tesla unless he was granted greater voting control, among other issues.

International Business Times

Sound clashes are a thrilling reggae tradition. Will AI ruin them?

The use of fake AI vocals – including those of Donald Trump – is sending shockwaves through this historic scene. At a Montego Bay clash, performers debate their culture’s future

The Guardian - UK

Intel Shares Plunge 18% As It Plans Layoffs, Halts Dividends After Missing Q2 Estimates

Intel will deploy over a $10 billion cost-cutting plan to strengthen its balance sheet and accelerate plans for AI chips and the foundry business.

International Business Times UK

Sam Altman re-prioritizes safety processes at OpenAI after it seemingly took a backseat for 'shiny products'

OpenAI CEO Sam Altman highlighted new updates regarding the company's safety policies, including allocating 20% of its computing resources to safety processes across its tech stack.

Windows Central

3 Standout Stock Picks in AI Infrastructure to Consider Now

As AI technologies continue to advance, here are three standout stocks in AI infrastructure that are worth considering now.

Barchart

Singapore's AI ambitions: How the city-state is keeping up in an arms race dominated by the U.S. and China

Collaboration between government and industry has made Singapore a competitive player in AI—and a "digital Switzerland" in the superpower rivalry.

Fortune

Missed Out on Nvidia’s Rally? 2 Beaten-Down AI Chip Stocks To Buy Now

While Nvidia dominates the semiconductor market, there are numerous other promising stocks to consider - including these two underrated picks.

Barchart

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The Canberra Times

APS 'dependence' on foreign AI crowding out Canberra firms

Default opinion is good tech 'must come from Silicon Valley.'

Tom’s Hardware

Former Tesla AI Director reproduces GPT-2 in 24 hours for only $672 — GPT-4 costs $100 million to train

The project started as an educational video, but the developer got stuck on a few things, so 'raged-quit' and decided to rebuild GPT-2 from scratch.

Fortune

How we raised $100 million for my Silicon Valley startup in a down market

Entrepreneurs shouldn’t settle for good enough in any step of the fundraising process, says Alkira CEO Amir Khan.

Investors Business Daily

AI Stock ServiceNow Eyes New Buy Point After Clearing Trendline Entry

Among the best stocks to buy and watch right now, AI stock ServiceNow is near a new buy point after clearing a trendline entry.

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Investors Business Daily

Stock Market Enjoys AI-Powered Rally. Can It Continue?

Artificial intelligence continues to inflate the stock market. Just ask ChatGPT.

Investors Business Daily

AI Software Stock Nears Buy Point; Profits Expected To Jump 281%

This real estate management company's profits are expected to rise 281%. The stock is in a base and nearing a buy point.

Investors Business Daily

Nvidia Stock Plunges, Falls Below Critical Level; Is It Time To Buy Now?

Nvidia stock plummeted Wednesday and violated a major moving average in a widespread market sell-off.

Windows Central

ChatGPT claims more jobs, but writers are getting callbacks to polish 'shoddy' AI-generated content and add a human touch for less pay

An editor narrates how more than 60 writers and editors lost their jobs to ChatGPT to scale down on the company's costs. However, the AI strategy still needed a few writers to go over the work and make it feel more natural.

Investors Business Daily

Dow Jones Futures: Nvidia Rebounds; Warren Buffett's Berkshire Is A Buy

Dow Jones futures rose as AI plays like Nvidia tried to rebound from a sell-off. Warren Buffett's Berkshire Hathaway is in a buy area.

Investors Business Daily

AI Defense Stock In Buy Zone, Serves U.S. Military Branches

This military-defense focused AI stock is holding in a buy zone.

Investors Business Daily

Dow Jones Futures: Nvidia Skid Raises Questions; Three Stocks Near Buy Points

The stock market paused late in the week as Nvidia led AI chips lower. Micron earnings and the Fed's inflation gauge loom.

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