The Microsoft CEO sees an end of monopoly profits with the end of the search industry as it currently stands...
Continue ReadingAs Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high expense. The wildly popular chatbot from OpenAI, which can draft prose and answer search queries, has "eye-watering" computing costs of a couple or more cents per conversation, the startup's Chief Executive Sam Altman has said on Twitter...
Continue ReadingThe U.S. Supreme Court on Wednesday is set to hear for a second straight day a bid to hold internet companies accountable for contentious content posted by users, this time involving a lawsuit against Twitter Inc by the American relatives of a Jordanian man killed in a Istanbul nightclub massacre. The justices on Tuesday heard arguments in an appeal arising from a separate lawsuit against Google LLC-owned YouTube, part of Alphabet Inc, by the family of an American woman killed in a Paris attack by Islamist militants. Both lawsuits were brought under a U.S. law that enables Americans to recover damages related to "an act of international terrorism."...
Continue ReadingAs Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high expense. The wildly popular chatbot from OpenAI, which can draft prose and answer search queries, has "eye-watering" computing costs of a couple or more cents per conversation, the startup's Chief Executive Sam Altman has said on Twitter...
Continue ReadingAs Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost...
Continue ReadingGeorge Soros' net worth is close to $6.7 billion, according to Forbes. For years, he ran one of the most successful hedge funds in the world. Since 2011, though, Soros' investing activities have been done through his family office, Soros Fund Management...
Continue ReadingThe S&P 500 is dominated by 5 mega-cap growth stocks. Quant investing can outperform the S&P 500 top stocks. Click here for 5 Top quant stocks from the S&P 500...
Continue ReadingWallace Weitz's 13F portfolio value increased from $1.70B to $1.76B this quarter. Learn more about Weitz Investment Management's holdings and trades for Q4 2022...
Continue ReadingAs we exit the peak period of earnings season, we review the S&P 500 2022 Q4 earnings season in more detail, providing both aggregate and company level insights...
Continue ReadingThe sentient AI leak about Google's LaMDA last summer likely spurred Microsoft executives to explore investment options with OpenAI. See why we contend GOOG isn't behind...
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