Tech stocks surged on Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 3.8% and the Philadelphia Semiconductor index jumping 6.5%.
Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI's data collection and usage, becoming the latest major government to take a closer look at the regulation of artificial intelligence (AI) tools.
For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around the world to draw up new rules governing the technology. On Wednesday, he threatened the ChatGPT maker may leave the EU if the bloc "overregulated".
CrowdStrike CRWD, a leading cloud-based cyber security company reports earnings Wednesday, May 31 after the market closes. CRWD currently boasts a Zacks Rank #2 (Buy) and has shown very strong momentum since the beginning of the y
Fintel reports that on May 25, 2023, Oppenheimer reiterated coverage of Microsoft (NASDAQ:MSFT) with a Outperform recommendation. Analyst Price Forecast Suggests 7.61% Upside
The tech-heavy Nasdaq rose more than 1% on Thursday as Nvidia shares soared on a blowout forecast that also lifted other AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 11,950,000 units were destroyed, or a 2.6% decrease week over week. Among the largest underlying components
It has been about a month since the last earnings report for Microsoft (MSFT). Shares have added about 6.3% in that time frame, outperforming the S&P 500.
Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content.
Europe's artificial intelligence (AI) rules are not for negotiation, EU industry chief Thierry Breton said on Thursday, as he criticised OpenAI CEO Sam Altman's threat to quit the continent if it cannot comply with the legislation.
Social media platform TikTok said on Thursday it is in the early stages of exploring a chatbot called "Tako" that can converse with users about short videos and help them discover content, and is conducting tests with select users in the Philippines.
The tech-heavy Nasdaq led Wall Street gains on Thursday as Nvidia shares soared on a blowout forecast that also lifted other AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks.
In early trading on Thursday, shares of Microsoft topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.2%. Year to date, Microsoft registers a 33.8% gain.
EU industry chief Thierry Breton on Thursday criticised OpenAI CEO Sam Altman's threat to leave Europe if it cannot comply with the bloc's artificial intelligence rules, saying the draft rules are not for negotiation.
Until the Google I/O event held on May 10, investor sentiment toward Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) about its prospects in artificial intelligence (AI) was generally negative, with many thinking the company was falling behind. This sentiment came quickly after OpenAI rel
A group of Chinese hackers who recently triggered a multi-nation alert have been conducting a cyberespionage campaign against military and government targets in the United States, researchers said on Thursday.
Nasdaq futures jumped more than 2% on Thursday as Nvidia shares soared on a blowout forecast from the chipmaker that also helped drive an AI rally, while progress in U.S. debt ceiling talks further boosted sentiment.
Social media platform TikTok is testing an artificial intelligence (AI) chatbot that can converse with users about short videos and help them discover content, an app intelligence firm said.
Microsoft President Brad Smith called on Thursday for the people behind artificial intelligence to be held accountable for shortcomings and urged lawmakers to ensure that safety brakes be put on AI used to control the electric grid, water supply and other critical infrastructure.