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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…

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Nvidia stock has another 38% upside amid a 'generational opportunity' in AI, Bank of America says

Nvidia is well placed to provide the tech necessary to develop new AI models, and it's got an edge …

Kelly Cloonan   


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1 min read

The top 65 stocks and ETFs changing the world with AI out of 3,400 companies, according to Bank of America

The trajectory of gains is steep: in the past, disruptive technologies took 15 to 30 years to reach…

Laila Maidan   


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2 mins read

'We're only in '1996': Why the AI boom is still in its earliest days, according to Bank of America

Relative to the trajectory of the internet, which ushered in a new era of tech innovation, AI in th…

Kelly Cloonan   


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An under-the-radar industrial stock is a safe way to bet on the AI boom, Bank of America says

Johnson Controls will generate about $4 billion in revenue from data centers this year, which inclu…

Matthew Fox   


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Adobe collaborates with Coursera and others to help people develop AI skills, announces new AI-powered marketing tool

Adobe introduced new initiatives at Adobe MAX 2024 to empower learners and marketers through advanc…

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Average cost of data breach in India reached an all-time high of Rs 195 Million, says IBM Report

The report highlights that 70% of breached organizations globally reported disruption. In India, l…

ANI   


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3 mins read

Robert Downey Jr. says he would 'sue all future executives' if Marvel replicated his likeness. He's the second 'Avengers' star to speak out against AI.

Robert Downey Jr. says he'd sue Marvel if they use AI to replicate him, but he's "not worried about…

Eammon Jacobs   


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CHART: Big Tech is going wild on AI spending next year and beyond

Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond,…

Eugene Kim   


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Reddit skyrockets 42% on strong earnings beat and AI-driven growth

Reddit's stock surged Wednesday after posting a solid earnings beat and reporting strong revenue fr…

Kelly Cloonan   


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AMD still has a gap to close with Nvidia's AI chips

Shares for AMD dropped after its third quarter earnings call. CEO Lisa Su said that gaining trust i…

Helen Li   


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SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


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NVIDIA and Reliance Industries to build AI computing infrastructure in India

NVIDIA CEO Jensen Huan at the NVIDIA AI Summit India announced a partnership with Mukesh Ambani-led…

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4 mins read

Wall Street is trying to make AI search sexy

The world was introduced to near-perfect search from Google decades ago. So why are Wall Street gia…

Bianca Chan   


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5 mins read

OpenAI reportedly facing issues with its new AI model is a red flag for the entire industry

OpenAI's Orion AI model lacks the expected leap in progress, facing data shortages and energy issue…

Dan DeFrancesco   


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This staid software company is kicking butt in AI. The CEO explains how.

ServiceNow is succeeding where other sexier AI companies are struggling: Getting customers to pay up

Alistair Barr   


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3 mins read

Wall Street is bullish on Meta earnings as analysts eye an AI boost for the tech titan

Analysts are bullish on Meta earnings ahead of the Facebook parent's third-quarter report. BofA nam…

Jennifer Sor   


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2 mins read

$3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients

Sword Health is trying to use AI to get its physical therapists to treat more patients, according t…

Rebecca Torrence   


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4 reasons why Wall Street's anxiety over excessive AI spending boom is 'premature,' Bank of America says

Investors are "premature" to worry over the spending AI wave, as a few catalysts still lie ahead, B…

Filip De Mott   


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5 mins read

Customer service hubs: Entering the golden age with Gen-AI and tech-driven solutions

In an era where customer experience is a primary business differentiator, the role of service hubs …