Historically, the Vanguard Information Technology ETF has averaged a total annual return of 13.7% since its inception 21 years ago. That figure implies the fund should beat out the S&P 500 again in 2025, but a deeper look suggests this year may not be typical for the ETF from a performance standpoint.
The Economic Survey 2024 highlights the potential and risks of integrating AI into the banking system, noting issues such as the black-box nature of AI, accountability, and cybersecurity threats. It stresses the need for robust regulations and oversight to ensure the ethical use of AI in banking.
As the artificial intelligence (AI) revolution enters its third year, certain Wall Street analysts expect Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT) to make history by becoming the first $4 trillion companies.
Japan's SoftBank is leading the investment round and is in talks to invest $15-25 billion in the deal that would make it the ChatGPT-maker's biggest financial backer. The reports came after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors,
SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.
Chinese tech champion Huawei has emerged as Nvidia’s primary competitor in China for inference chips. The Financial Times has previously reported that it has been working with AI companies, including DeepSeek, to adapt models trained on Nvidia GPUs to run inference on its Ascend chips.
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
Apple revealed quarterly results that slightly exceeded Wall Street expectations, SoftBank is in talks to invest as much as $25bn into OpenAI, and the European Central Bank cut interest rates as it warned about headwinds to the bloc’s economy.
Hedge fund billionaire Liang Wenfeng builds model on tight budget despite US attempt to halt China’s high-tech ambitions
Breakthrough suggests artificial intelligence’s appetite for energy may not be as insatiable as previously thought
Generative AI adoption is growing, but immediate returns remain elusive. A long-term strategy focused on implementation and value creation is key to unlocking its potential. Despite the early maturity of most organisations’ GenAI journey,
SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal that would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a huge new artificial intelligence infrastructure project.