Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As the primary beneficiary of the artificial intelligence boom, Nvidia has … Read more

How Ukraine War Has Turned Ex Google CEO Eric Schmidt Into Licensed Arms Dealer

How Ukraine War Has Turned Ex Google CEO Eric Schmidt Into Licensed Arms Dealer

Mr Schmidt said that he is now a licensed arms dealer “because of the way the system works” (File) Former Chief Executive Officer of Google, Eric Schmidt, has said that the Ukraine war has turned him into a licensed arms dealer, a career path he “doesn’t recommend”. Mr Schmidt’s new venture aims to  converge AI … Read more

‘You know what to do in the stock market’

‘You know what to do in the stock market’

Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently removed, that big … Read more

After ChatGPT and the rise of chatbots, investors pour into AI agents

After ChatGPT and the rise of chatbots, investors pour into AI agents

Rafael Henrique | Lightrocket | Getty Images Earlier this year, financial services company Klarna said its artificial intelligence agent, powered by OpenAI, had taken over two-thirds of customer chats and was doing work equivalent to that of 700 full-time agents. That was after just one month of use. Alexander Kvamme, CEO of customer engagement startup … Read more

Alphabet issues first ever dividend, $70 billion buyback

Alphabet issues first ever dividend,  billion buyback

Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the largest antitrust case since the 1990s. Drew Angerer | Getty Images News | Getty Images Alphabet’s board said Thursday the company would issue a 20 cent per share dividend, … Read more

Eric Schmidt Warned Against China’s AI Industry. Emails Show He Also Sought Connections to It

Eric Schmidt Warned Against China’s AI Industry. Emails Show He Also Sought Connections to It

In November 2019, the US government’s National Security Commission on Artificial Intelligence (NSCAI), an influential body chaired by former Google CEO and executive chairman Eric Schmidt, warned that China was using artificial intelligence to “advance an autocratic agenda.” Just two months earlier, Schmidt was also seeking potential personal connections to China’s AI industry on a … Read more