The buzz around AI ‘neoclouds’ is growing, but investors should tread carefully

[ad_1] Investors are raving about “neoclouds” and what their emergence means for the artificial intelligence boom. However, some warning signs are starting to flash. Neoclouds are companies specializing in AI cloud computing. Unlike traditional hyperscalers such as Amazon and Microsoft, these bespoke companies are viewed as attractive alternatives as they install and manage AI hardware and … Read more

As streaming services chase profitability, kids’ content is king

[ad_1] Cartoon characters from the children’s show “Bluey” are displayed during the Brand Licensing Europe event at ExCel, in London, Oct. 4, 2023. John Keeble | Getty Images News | Getty Images In the battle among streaming services to capture and keep subscribers, kids’ shows like “CoComelon” and “Bluey” are becoming powerful tools to help … Read more

These 10 U.S. states are best positioned with electricity to power AI data center boom

[ad_1] Cooling towers at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC If there is one thing the U.S. needs to lead the artificial intelligence revolution, it’s electricity. Insane amounts of it. A 2024 report commissioned by the U.S. Department of Energy found that data centers … Read more

The markets are telling you not to worry with steep drop in volatility. Should you listen?

[ad_1] As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment … Read more

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

[ad_1] Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen  Mike Segar | Reuters Apple had two major launches last month. They couldn’t have been more different. First, Apple revealed … Read more

AI virtual personality YouTubers, or ‘VTubers,’ are earning millions

[ad_1] One of the most popular gaming YouTubers is named Bloo, and has bright blue wavy hair and dark blue eyes. But he isn’t a human — he’s a fully virtual personality powered by artificial intelligence. “I’m here to keep my millions of viewers worldwide entertained and coming back for more,” said Bloo in an … Read more

The market is as hopeful as it’s been in ages. The winners and losers might surprise you

[ad_1] When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded … Read more

Tesla’s IPO was 15 years ago. The stock is up almost 300-fold since then

[ad_1] CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its … Read more

Quantum computing is having a moment. But the technology remains futuristic

[ad_1] Microsoft’s Majorana 1 quantum computing chip Microsoft It doesn’t quite have the buzz of artificial intelligence, but quantum computing is having a moment of its own. Some of the most powerful institutions in the world, including Google, Microsoft, Amazon, IBM and the U.S. government, are spending many millions of dollars in a race to … Read more

In race to attract data centers, states forfeit hundreds of millions of dollars in tax revenue to tech companies

[ad_1] In 2019, the Indiana legislature passed a bill that would offer eligible data centers significant sales tax exemptions. The legislation said facilities packed with state-of-the-art servers could avoid the state’s 7% tax when purchasing equipment and power.  The measure was a boon for large tech companies that have been rapidly building out data centers … Read more