After an almost 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way ahead of itself.
Morgan Stanley is expanding the use of OpenAI-powered, generative artificial intelligence tools to its vaunted investment banking and trading division, CNBC has learned.
These 2 Artificial Intelligence (AI) Giants Are Trading at Record Highs. Wall Street Says Only 1 Is a Buy.
Nvidia (NVDA) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November.
Jeff Bezos-backed Perplexity AI has begun fundraising talks in which it is looking to more than double its valuation to $8 billion or more, the Wall Street Journal reported on Sunday.
Apple on Wednesday released its next set of artificial intelligence (AI) features for beta-testing by developers, with some new AI features set to be released publicly in the iOS 18.1 update next week.
Artificial intelligence search company Perplexity AI has started fundraising talks in which it aims to more than double its valuation to $8 billion or more, the Wall Street Journal reported Sunday.
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.
OpenAI introduced its conversational intelligence application ChatGPT in November 2022. Since then, artificial intelligence (AI) has become one of the hottest investment themes on Wall Street, and AI stocks Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) have been the best-performing members of the S&P 500 (SNPINDEX: ^GSPC).
Wall Street Journal and New York Post have sued Perplexity AI for using their articles to train its large language model.
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