Tag #Ai

forbes.com
🌐 85% Global Worthiness
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Broadcom Stock Plunges 17% on Rise of Efficient Open-Source AI

Broadcom's stock plummeted 17% on January 27, 2024, following the release of DeepSeek-R1, a cost-effective, high-performing open-source AI model that challenges the industry's reliance on expensive AI solutions, potentially impacting Broadcom's AI networking technology sales despite its $12.2 billio...

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Ingram Micro's AI-Driven Platform Transformation

Sanjib Sahoo, President of Ingram Micro's Global Platforms Group, is leading the company's transformation into a platform-driven organization using AI-powered platform XVantage, connecting over 1500 vendors with resellers across 16 countries to improve efficiency and create personalized experiences,...

Progress

8% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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DeepSeek AI's Market Entry Triggers Nasdaq Plunge, Vistra Stock Drops 30%

DeepSeek AI's market debut on Monday triggered a nearly 4% Nasdaq drop, impacting various sectors including semiconductors and power companies like Vistra (VST), whose stock fell 30% to around $137, coinciding with a short-term support level.

Progress

56% Bias Score

cnbc.com
🌐 85% Global Worthiness
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SAP Raises 2025 Profit Outlook on Cloud, AI Growth

SAP raised its 2025 operating profit forecast to 10.3-10.6 billion euros from 10.2 billion euros due to strong growth in cloud and AI, exceeding expectations with a 25% rise in adjusted operating profit to 8.15 billion euros in 2024 and viewing competition as beneficial for innovation.

Progress

56% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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DeepSeek Report Triggers Tech Stock Sell-Off, Nvidia Suffers Record Losses

A tech stock sell-off on Monday, driven by a Chinese startup's report questioning the cost-effectiveness of AI models, caused the S&P 500 to fall 1.5% and the Nasdaq Composite to drop over 3%, while Nvidia experienced a record single-day market cap loss of nearly $600 billion.

Progress

40% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
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Retail Investors Defy Nvidia's $600B Market Crash with Record Buy-In

On Monday, retail investors poured a record $562 million into Nvidia, defying a 17% stock plunge triggered by a Chinese AI model's superior performance and a resulting $600 billion market value loss. This contrasts with institutional investors' mass sell-off and mirrors past retail-driven market tre...

Progress

44% Bias Score

Reduced Inequality
apnews.com
🌐 85% Global Worthiness
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US Energy Firms Partner to Power AI Data Centers with Natural Gas

Chevron, Engine No. 1, and GE Vernova are partnering to build up to four gigawatts of natural gas-powered data centers across the US by 2027 to meet the rising electricity needs of AI development, using seven American-made GE Vernova turbines and initially bypassing the existing transmission grid.

Progress

48% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 85% Global Worthiness
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Microsoft's Stock Lags Despite AI Investments; Azure Growth Slows

Microsoft's stock lags behind other tech giants despite heavy AI investment; slower Azure growth and OpenAI's move away from exclusive Azure use raise investor concerns; the company expects 11% revenue growth to $68.8 billion, and earnings per share to increase to $3.11 from $2.93.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Nasdaq Plunges 3.1%, NVIDIA Down 17% on China's DeepSeek

Monday's Nasdaq decline of 3.1% (612 points) heavily impacted four of the seven MAGA7 stocks, with NVIDIA experiencing a 17% drop due to China's DeepSeek, while others like Amazon, Apple, and Meta saw gains. Six MAGA7 companies will release December quarter results in the next two weeks.

Progress

20% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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CNBC Investing Club Adjusts Portfolio Based on Market Volatility

On Tuesday, the CNBC Investing Club trimmed its positions in GE Healthcare and Danaher, citing overbought market conditions and concerns over future performance. They added to Starbucks and Nextracker before their earnings reports, while expressing caution about potential political impacts on altern...

Progress

52% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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DeepSeek Shakes US Tech, Raises Questions About $500 Billion AI Investment

President Trump calls China's new AI app DeepSeek a "wake-up call" for American tech after it achieved results comparable to OpenAI's o1 at a fraction of the cost, causing a record $600 million loss for Nvidia and raising questions about a recent $500 billion US infrastructure project.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
cnbc.com
🌐 85% Global Worthiness
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Grammarly's \$13 Billion Success Story: From Bootstrap to AI-Powered Writing Giant

Grammarly, a \$13 billion writing-assistance software company founded in 2009 by three Ukrainian developers, initially bootstrapped the business, nearly going broke multiple times before achieving significant success with a freemium model and leveraging AI advancements.

Progress

48% Bias Score

Decent Work and Economic Growth