The current excitement around artificial intelligence has drawn comparisons to the dot-com bubble that burst 25 years ago, but there are key differences, Bloomberg News reported on Sunday. Back then, ...
Torsten Sløk, chief economist at American asset company, Apollo Global Management, has warned that the AI companies and their stock prices are more over-inflated than the dot-com companies of the ...
Nvidia CEO Jensen Huang took on the popular question of whether his company is at the center of an AI bubble Wednesday and ...
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Dot, an AI companion app that aimed to be a friend and confidante, is shutting down, the company announced on Friday. On a message published on its website, the startup behind Dot, New Computer, said ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. At this point, even the concept of an “AI bubble” seems to be a bubble. (In ...
Mistral AI SAS today debuted Mistral Code, a tool that uses four of its artificial intelligence models to help developers write code faster. Paris-based Mistral AI raised $640 million last year at a ...
Tech stocks have surged amid growing excitement over artificial intelligence, but valuations have remained well below dot-com bubble era levels. Read more here.
It seems nothing can hold back the bulls on Wall Street — not trade wars or interest rates or nagging concerns over the cost of living. Fueled by trillions in spending on artificial intelligence, U.S.
No matter how much is said about the hundreds of billions of dollars hovering over the tech industry’s head like an anvil in the “AI bubble,” it just won’t pop. Not only is it refusing to budge, but ...
The rise of AI in software will reshape the role of software engineers, shifting their focus from traditional coding to AI oversight and integration. Google CEO Sundar Pichai made a significant ...
He says it's probably not like the "tulip mania" that took place in the Netherlands in the 1630s. It could be like the dot-com bubble, where some companies ended up overvalued. Are we in the midst of ...