‘It’s End of Year Jitters’: Allspring’s Patel Not Worried About AI Stocks – bloomberg-technology

In the video, Allspring’s Patel expresses a calm outlook on AI and tech stocks despite recent market jitters. He acknowledges that while there are some short-term uncertainties and delayed revenue recognition, the long-term trends in the technology sector remain strong. Patel highlights Broadcom’s solid financial performance as an example and attributes recent market nervousness more […]

CEO Sam Altman is worried about AI’s rapid evolution

Generative AI has evolved beyond simple chatbots that can generate generic images and texts based on prompts to sophisticated productivity tools that can deliver real impact in society across medicine, education, computing, and more. However, these come at an incredible expense, especially considering the technology’s negative implications on the environment, with an exorbitant demand for […]