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The Debate About The Cost Of Ai Has Taken Centerstage. OpenAI is Cutting The Price Of Two Models
OpenAI is cutting prices for two of its models as the debate over the technology's costs takes centerstage.The company said the cost of the Terra model will be slashed...
South Korea Revives Its Crypto Tax Plan. Parliament Will Decide Whether It Survives
South Korea is once again preparing to tax cryptocurrency profits, setting up another political battle over investor protection, overseas trading and the future of digital asset regulation.The proposal would...
Samsung Says The AI Chip Boom Isn’t Slowing. It Expects Supply To Stay Tight Until 2028
Samsung Electronics says the artificial intelligence boom is far from reaching its peak, warning that tight supplies of advanced memory chips could persist until at least 2028 as technology...
The Dow Lost 1,000 Points In A Day On Thursday. Here’s How The Index Has Behaved After Throughout History
The Dow Jones Industrial Average suffered another dramatic selloff Wednesday, dropping more than 1,000 points after the Federal Reserve left interest rates unchanged while oil prices climbed toward $85...
Amazon’s Robotaxis Have Been Approved For Use. Zoox Will Now Begin Charging For Rides
Amazon's autonomous robotaxis can begin charging people for rides after gaining a series of approvals from the National Highway Traffic Safety Administration (NHTSA).The temporary exemptions granted by the NHTSA...
AI Star Leopold Aschenbrenner Built A $45 Billion Hedge Fund. Weeks Later It Has Been Forced To Unwind Bets
The hedge fund founded by former OpenAI researcher Leopold Aschenbrenner is rapidly unwinding many of its public stock positions after suffering steep losses tied to artificial intelligence investments and...
Chipmakers Are Soaring After a Days-Long Rout. Micron, Lam And Sandisk Jump
Chip stocks are soaring on Thursday as they rebound from a days-long rout, boosted by Microsoft's positive results.CNBC noted that Lam Research jumped 20% and is on track for...
Robinhood’s Prediction Market Had a Record Quarter. Its Stock Is Dropping Anyway After Its Earnings
Robinhood's stock is falling on Thursday even though the company reported rapid growth in its prediction market area.The company's shares are falling 2.67% at 10:53 a.m. ET. They have...
Microsoft’s Massive AI Spending Is Paying Off. Its Stock Is Soaring
Microsoft's massive investment in artificial intelligence infrastructure appears to be paying off, easing investor concerns that the tech giant was spending too aggressively without generating enough returns.The company reported...
Microsoft Soared After Its Earnings Appetite For Chipmakers Returned. Stocks Soared
Stocks are rebounding on Thursday, fueled by Microsoft's gains and renewed appetite for semiconductors.The tech-heavy Nasdaq Composite jumped 2.78%, while the S&P 500 gained 1.67%. The Dow Jones Industrial...
