Would you believe me if I told you that debt investors will not change their viewpoint of a company who over the next few years is expected to increase revenue by 240%, debt by 410%, and barely generate a positive cash profit? Would you feel more confident if I told you this company is changing
US lawmakers may have only about a year to put meaningful guardrails around artificial intelligence before AI advances to the point where it could become “out of control,” warned the “Godfather of AI.” Speaking after a briefing with members of Congress on Wednesday, Geoffrey Hinton said the window for regulating advanced AI has narrowed dramatically
Investors have worried that higher yields would drive foreign buyers out of the US corporate bond market. So far, that hasn’t happened. Despite a sharp rise in Treasury yields this year, foreign demand for US corporate bonds has remained robust, according to Goldman Sachs. Through the end of June, net foreign purchases of US corporate
For months, Wall Street debated whether AI spending had become too much, too fast. Now, after calls by some of the industry’s biggest names to slow frontier AI development, investors are asking whether AI spending could slow, too. “Does a “pacing slowdown” necessarily imply a spending slowdown? We don’t think so,” Bernstein analysts wrote Monday,
Correction: An earlier version of this piece identified the phone Jensen Huang used to take President Trump’s call as Apple’s iPhone Duo. That was incorrect — the device appears to be a Samsung Galaxy Fold 8. The piece has been updated to remove references to the iPhone Duo and the conclusions that were based on
Hi Carol. We Are So Happy To See You Win an Emmy. We Just Want You To Be Happy. The “Pluribus” hivemind is collectively cheering the news: Rhea Seehorn has won the outstanding drama Emmy for playing novelist Carol Sturka — one of the last independent-thinking humans on Earth — on the Apple TV series.
