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Entrepreneur Mark Cuban is utilizing Sora, OpenAI’s social media platform, to his advantage. He has permitted users to create AI videos featuring him, which in turn serve as free advertisements for his pharmaceutical company, Cost Plus Drugs.Cuban granted permission last Thursday for Sora users to generate AI videos featuring him. This unprecedented move by a […]
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Elon Musk has once again taken aim at OpenAI, an artificial intelligence research organization. Musk accuses the organization of dishonesty and misuse of charity funds.On Saturday, Musk retweeted a post by Helen Toner, a former OpenAI board member, who expressed mixed feelings about the company’s operations. Musk added his own commentary, stating, “OpenAI is built […]
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Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vladimir Tenev believes artificial intelligence will fundamentally reshape how Americans think about investing, predicting that putting money to work in the markets will become a “much bigger and more necessary part of individual lives’” within the next decade.Speaking on the “Iced Coffee Hour” podcast released on Aug. 24, Tenev outlined […]
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Anyone who denies the meteoric ascent of Palantir Technologies Inc. (NASDAQ:PLTR) is simply choosing to ignore the charts. Since making its public market debut in October 2020, the big-data analytics specialist — which serves multiple government and defense-related agencies — has made its mark. At the same time, PLTR stock isn’t invincible, losing more than […]
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Billionaire investor Bill Ackman has made a hefty investment in Amazon.com Inc. (NASDAQ:AMZN), pouring in more than $1.27 billion within a span of three months.What Happened: Ackman’s firm, Pershing Square Capital Management, accumulated 5,823,316 shares of Amazon, which accounts for nearly 10% of the firm’s $13.7 billion total assets under management, as revealed in the […]
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New On The BlockFrancisco Partners is reportedly testing the waters for a multibillion-dollar sale of BeyondTrust Software. This Georgia-based cybersecurity firm has about $500 million in annual recurring revenue and could command a price anywhere from five to 20 times sales. The sale process is still in its early days. Bloomberg expects strong interest from […]
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The use of generative AI in online shopping is on the rise, an Adobe Analytics survey found. The survey, which was released in March, says that retail traffic from generative AI sources has been doubling every two months since last September.While those numbers are still low when compared to other uses of generative AI, they’ve […]
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Concerned about your child’s career in an AI world? Governor Gavin Newsom is rolling out free, Big Tech–backed AI curricula across high schools, community colleges and the California State University system, in partnership with Alphabet Inc. (NASDAQ:GOOGL), Adobe Inc. (NASDAQ:ADBE), International Business Machines Corp. (NYSE:IBM) and Microsoft Corp. (NASDAQ:MSFT).On Aug. 7 in San Francisco, Newsom […]
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Cryptocurrency markets are trading lower on Wednesday despite equities making new highs.CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$118,357.63Ethereum(CRYPTO: ETH)$3,605.17Solana(CRYPTO: SOL)$189.97XRP(CRYPTO: XRP)$3.24Dogecoin(CRYPTO: DOGE)$0.2443Shiba Inu(CRYPTO: SHIB)$0.00001400Notable Statistics:IntoTheBlock data shows Bitcoin large transaction and daily active addresses increased by 121.9% and 14.7%, respectively. Transactions greater than $100,000 jumped from 7,583 to 10,609. Exchanges netflows surged by 225.7%.Coinglass data shows 207,011 traders were liquidated […]
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Legendary investor Warren Buffett and his conglomerate Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) have made more than 50 acquisitions since 1970. A new report suggests that an acquisition in the railroad sector could be on the horizon for Buffett and Berkshire.What Happened: One of the largest acquisitions ever made by Berkshire Hathaway was the company’s acquisition of […]
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