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The Latest Breaking News from Artificial Intelligence

Intel Bets Big On AI Revival With New 'Crescent Island' Chip Built To Optimize 'Performance Per Dollar'

Intel Corp. (NASDAQ:INTC) is making a renewed push into the artificial intelligence chip market with the launch of its new "Crescent Island" GPU, a data center processor set to debut next year.

Benzinga

OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping push

OpenAI is partnering with Walmart to allow shoppers to make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks to boost revenue

The Independent UK

Alphabet's New Search Updates Could Boost Revenue By Enhancing Ad Visibility And User Experience

Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is updating its Search ecosystem with Artificial Intelligence (AI) Overviews, AI Mode, and a redesigned ad experience that groups text ads under a single "Sponsored Results" label, allowing users to hide them with a single click.

Benzinga

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Broadcom's 10GW AI Deal With OpenAI Could Generate Up To $300 Billion Revenue, Analysts Highlight Growth From Custom Silicon And Networking Solutions

Broadcom (NASDAQ:AVGO) and OpenAI have launched a multi-year partnership to deploy 10 gigawatts of custom artificial intelligence silicon and rack-level systems, integrating compute Application-Specific Integrated Circuits (ASICs) along with Broadcom's Ethernet, Peripheral Component Interconnect Express (PCIe) and optical connectivity solutions. The deal expands beyond compute chips to networking silicon and…

Benzinga

Foundations want to curb AI developers' influence with $500 million aimed at centering human needs

Ten philanthropic foundations are committing $500 million across the next five years to place human interests at the forefront of artificial intelligence's rapid integration into daily life

The Independent UK

'A kid born in 2025 is unlikely to ever be as smart as artificial intelligence': Sam Altman thinks it's OK for AI to be smarter than us all - and I am sure we will be totally, totally fine

Sam Altman says humanity can still find happiness and purpose in an AI-driven age.

TechRadar

In defense of ‘surveillance pricing’: Why personalized prices could be an unexpected force for equity

Surveillance pricing has dominated headlines recently. Delta Air Lines’ announcement that it will use artificial intelligence to set individualized ticket prices has led to widespread concerns about companies using personal data to charge different prices for identical products. As The New York Times reported, this practice involves companies tracking everything…

The Conversation

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Broadcom CEO Sees AI Adding $10 Trillion A Year To Global GDP: 'We Feel Very Good About It...'

Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said artificial intelligence could become a much larger part of the global GDP, at a time when AI-related investments are ramping up across industries.

Benzinga

Inside Google's $15 Billion Gamble: Why India Is Becoming the Next Global AI Superpower

Google is investing $15 billion in a massive AI and data centre hub in Andhra Pradesh, India, marking its biggest project outside the US. Here's why the company believes India is the future of artificial intelligence.

International Business Times UK

Google To Invest $15 Bn In India, Build Largest AI Hub Outside US

Google said Tuesday it will invest $15 billion in India over the next five years, as it announced a giant data centre and artificial intelligence base in the country.

International Business Times

Google Sends Clear Message To Investors Ahead Of Earnings: AI Isn't Killing Search — It's Making It Stronger, Says Gene Munster

As fears swirl about artificial intelligence upending Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's dominance in search, Deepwater Asset Management's Gene Munster says the company is sending one message loud and clear — AI is boosting, not breaking, its core business.

Benzinga

Nobel Economist Warns Of AI Dangers

A winner of this year's Nobel prize in economics warned Monday that artificial intelligence offers "amazing possibilities" but should be regulated because of its job-destroying potential.

International Business Times

AI-Powered Data Centers Are Fueling A Historic Demand Spike: 15 Stocks To Watch

A wave of artificial intelligence infrastructure is sparking a massive U.S. power boom, with Goldman Sachs projecting electricity demand growth not seen since the 1990s — and it’s opening the door to new investment opportunities across the energy and tech supply chains.

Benzinga

Young Aussie workers fear AI but use it to get ahead

Australia's Generation Z workers are concerned artificial intelligence could shrink their career opportunities but many are still using it.

AAP

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International Business Times

California Enacts First US Law Requiring AI Chatbot Safety Measures

California governor Gavin Newsom on Monday signed into law a first-of-its-kind law regulating artificial intelligence chatbots, defying a push from the White House to leave such technology unchecked.

Benzinga

Nvidia, Broadcom Highlighted As Sector Leaders Drive AI Growth Despite Buildout Risks: Analyst

BofA Securities analyst Vivek Arya highlighted key considerations for the U.S. semiconductor sector amid the artificial intelligence frenzy and potential concerns about a bubble.

Benzinga

Why Is Salesforce Investing $15 Billion In San Francisco's AI Future?

Salesforce, Inc. (NYSE:CRM) announced on Monday that it will invest $15 billion in San Francisco over the next five years to strengthen the city’s position as a global hub for artificial intelligence.

Benzinga

Intel Faces CPU Market Share Losses And Limited AI Integration, Analyst Flags Challenges

Intel (NASDAQ:INTC) struggled to maintain its moat across its central processing unit (CPU) and artificial intelligence businesses. The chipmaker also grappled with market share losses to Advanced Micro Devices (NASDAQ:AMD) and Arm Holdings (NASDAQ:ARM) in both the PC and server markets, as well as limited integration with AI accelerators, despite…

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The Independent UK

Squawk Box co-host warns of similarities between today and Wall Street in 1929: ‘I can assure you, unfortunately, we will have a crash’

Financial journalist Andrew Ross Sorkin says he worries about an artificial intelligence bubble in the US

Benzinga

Direxion's AMUU, AMDD ETFs Facilitate Speculation In Advanced Micro Devices' Wild Ride

Although semiconductor giant Advanced Micro Devices Inc (NASDAQ:AMD) took the market by storm with a potentially landmark deal, the extreme enthusiasm toward artificial intelligence raises concerns about an unsustainable bubble. As such, last week saw AMD stock tumble into the red after what appeared to be an auspicious start to…

Benzinga

OpenAI's $500 Billion Chip Bet: Is Broadcom The Next AI Winner?

OpenAI is accelerating its push to dominate the artificial intelligence landscape with a staggering $500 billion chip initiative involving Broadcom Inc. (NASDAQ:AVGO).

Benzinga

Solidion Unveils Next-Gen AI Power Supply, Shares Jump 90%

Solidion Technology Inc. (NASDAQ:STI) shares skyrocketed after the company unveiled the PEAK Series, a next-generation uninterruptible power supply (UPS) designed for artificial intelligence data centers.

Benzinga

IREN, Nebius Emerge As Top 'AI Utility' Picks As Expert Says Next Wave Of AI Trade Is 'Industrial'

As the artificial intelligence (AI) boom continues to reshape industries, there has also been some attention on the companies that form the foundational infrastructure for powering AI, apart from the immediate buzz of AI chipmakers.

Benzinga

Alibaba's Stock Comeback Has More Room To Run, Say Analysts

Alibaba Group Holding Ltd. (NYSE:BABA) stock climbed on Monday as strong performance in its cloud business and advances in artificial intelligence models offset investor concerns over escalating U.S.-China tensions.

Benzinga

Taiwan Semiconductor Stock Rebounds As AI Hype Overpowers China Tensions

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) shares rebounded in premarket trading Monday, recovering from Friday's losses as renewed investor enthusiasm for artificial intelligence outweighed mounting geopolitical concerns between Washington and Beijing.

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