Big AI Dominates as Startups Bow Out of Race to Develop Massive Language Models
Big AI thins out the competition as startups quit the race to build large language models Hello and welcome to Eye on AI! In this edition…Big tech increasingly squeezes startups out of the generative AI market; an AI-discovered cancer drug begins clinical trials; another OpenAI cofounder joins Anthropic; and spend on LLMs booms (though still only […]
Nvidia Shares Surge as CEO Jensen Huang Highlights ‘Unprecedented’ Chip Demand
Nvidia (NVDA) stock jumped as much as 5% on Thursday as CEO Jensen Huang said demand for its next-generation Blackwell chips has been “insane.” In an interview with CNBC on Wednesday after the market close, Huang confirmed the chips are in “full production” despite recent design issues that caused some delays in customer rollouts. “Blackwell […]
RUA GOLD Aims for Major Epithermal Gold System in New Zealand’s Hauraki Goldfield – Rua Gold
RUA GOLD targets significant epithermal gold system in the Hauraki Goldfield, New Zealand – Rua Gold Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A4010V) (“RUA GOLD” or the “Company“) is pleased to provide an exploration update for its Glamorgan Project in the Hauraki Goldfield, on the North Island of New Zealand and situated 2.8km […]
3 Top ETFs for Volatile Market Conditions
Bryan Armour: Stocks have performed well since 2022′s lull. Much of that success has concentrated among a few, especially tech stocks on the cutting edge of artificial intelligence like Nvidia. But cracks have begun to form in the latest bull run, leading to a couple of drawdowns during the past few months. Investors […]
Sinomine Speaks Out Against Challenging Conditions in Zimbabwe Amidst Lithium Price Decline
Lithium, a critical component for electric vehicle (EV) batteries, has seen a significant drop in prices from its 2022 highs. This decline has triggered a complex array of challenges for lithium producers, particularly in Zimbabwe, where both economic conditions and regulatory frameworks pose obstacles to the industry’s growth. As the global demand for lithium continues […]
Cerebras poised to rejuvenate sluggish IPO market, despite looming risks
Cerebras could restart a stagnant IPO market, but clear risks abound You know the feeling. You turn the key, the engine hums, you’re about to hit the road…and then the car stops. That’s sort of what’s happened in 2024, as the scattered IPOs of companies like Reddit and Astera Labs inspired hope that IPOs were […]
Will a Port Strike Impact the Gas Industry? Insights from Experts and Federal Officials
Will port strike affect gas industry? Experts, feds weigh in Plenty of products may become hard to find amid the ongoing union dockworkers strike, but there is one crucial place that experts don’t anticipate consumers are likely to suffer: at the gas pump. On Tuesday, 45,000 union workers walked off the job when negotiations for […]
3 EV Charging Stocks Poised for Significant Growth: July Update
EV charging stocks surge as robust sales figures and strategic maintenance programs signal strong future profitability Thanks to government initiatives, increasing electric vehicle (EV) adoption and significant investments in charging infrastructure, EV charging stocks will continue to rank high in most portfolios. The worldwide number of EV charging stations is expected to increase to over […]
Aflac’s CIO approaches generative AI with caution, but is still embracing the technology in innovative ways.
Why Aflac’s CIO won’t ever be first to market with generative AI—but is still finding ways to adopt the technology Aflac is embracing generative artificial intelligence, though the insurance company isn’t using the technology externally. At least, not yet. “Alfac is taking a more conservative approach,” says Shelia Anderson, chief information officer at the insurance […]
Low Prices Pressure U.S. Oil and Gas Production
Low Prices Squeeze U.S. Oil and Gas Output By John Kemp, energy analyst U.S. oil production growth continues to slow in response to the fall in prices, as the initial shock from Russia’s invasion of Ukraine and the sanctions imposed in response more than two years ago fades. Crude and condensates output from the Lower […]