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Hedge funds are cutting exposure to the Magnificent Seven stocks
Buying proven winners like Microsoft and Nvidia was rewarded last year. But Goldman says a "violent…
Aruni Soni
PM Modi and Bill Gates discuss AI, climate change, millets and more
Gates praised India's technological advancements in Digital public infrastructure (DPI) and its …
Apple, Zuck, Elon, and the lesson of Microsoft Windows
Apple's EV and goggles. Meta's investment in AI and the metaverse. Tesla's price cuts. These are al…
Alistair Barr
Stocks selected by ChatGPT far outperform UK fund managers
A basket of stocks selected by ChatGPT, a chatbot powered by Artificial Intelligence (AI), has far …
Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…
Filip De Mott
Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia
Musk said in an X post that the AI startup's pre-money valuation was $18 billion.
Kwan Wei Kevin Tan
Microsoft and OpenAI plan to build a $100 billion supercomputer to power artificial intelligence: report
Microsoft and OpenAI are planning an unprecedented supercomputer that would use millions of special…
Erin Snodgrass
EV startup Magenta Mobility raises $40 million in equity and debt
Backed by Microsoft's global startup programme, the company closed $20 million in equity funding le…
A Microsoft-powered medical AI spotted cancer in 11 women where doctors didn't
A medical AI, made by a UK company and running on Microsoft's Azure cloud, helped doctors in Scotla…
Mikhaila Friel
Startups in 2024: Innovation can't override a profitable bottom line
In 1999, amidst the dot-com frenzy, Warren Buffett's prophetic words at the Allen-Sunny Valley Conf…
The 10 stocks most popular with hedge funds right now, according to Goldman Sachs
Goldman Sachs' VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's 5.1% return.
Matthew Fox
Fund manager outperforming 96% of peers bets big on AI with Nvidia and Microsoft but avoids Apple, Alphabet and Meta
The tech sector is still attractive overall, "But you have to look at it through different segments…
Filip De Mott
Microsoft and OpenAI are in talks to inject $500 million into humanoid robotics startup Figure AI, report says
The tech giants are considering putting up to $500 million into the startup Figure AI, Bloomberg re…
Jyoti Mann
Microsoft's $3 trillion market cap milestone is the latest in a string of wins for Big Tech's elder statesman
In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 …
Dan DeFrancesco
ChatGPT developer OpenAI fires Sam Altman as CEO
In a sudden development, Sam Altman has been fired as CEO of OpenAI, the developer of AI chatbot Ch…
Cathie Wood catches up with the ChatGPT craze as Ark's internet fund snaps up Microsoft stock for the 1st time
Microsoft has been closely tied to ChatGPT after it invested $10 billion into the chatbot's creator…
Zahra Tayeb
Tech stocks helped drive a record $213 billion gain at the world's biggest sovereign wealth fund in 2023
Norway's sovereign wealth fund saw a big boost from tech last year, its CEO said. The fund notched …
Yuheng Zhan
OpenAI doesn't plan to offer Microsoft or other outside investors a board seat: reports
Microsoft is OpenAI's largest backer, having invested over $10 billion in the company.
Kai Xiang Teo
10 Things in Tech: Low morale at Microsoft
In today's edition: Meet the new CEO of Alibaba, workers are hiding their AI productivity hacks fro…
Hallam Bullock
The world's largest sovereign wealth fund generated returns of $111 billion in the first half of 2021 as the stock market hit record highs
The Oslo-based $1.4 trillion sovereign wealth fund saw a 13.7% return on equities and a 2.0% slide …