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Top related persons:
Jonathan Adashek - 1 hasn't - 1 didn't - 1 Arvind Krishna - 1 James Kavanaugh - 1 Watson - 1 Krishna - 1 Rahul Narang - 1
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POLAND Morningstar India
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Microsoft - 2 IBM - 1 Artifical Intelligence - 1 CNBC - 1 Unity - 1 Google - 1 Health - 1 Francisco Partners - 1

Search resuls for: "Artifical Intelligence"


4 mentions found


☆ IBM is slashing jobs in marketing and communications
  + stars: | 2024-03-12 | by ( Hayden Field | ) www.cnbc.com   time to read: +2 min
POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background. IBM on Tuesday told employees in its marketing and communications division that it's slashing the size of its staff, according to a person with knowledge of the matter. IBM said on its earnings call in January of last year that it was cutting 3,900 positions. In May, IBM announced WatsonX, billed as a development studio for companies to "train, tune and deploy" machine-learning models. Nearly two years ago, IBM sold its Watson Health unit for an undisclosed amount to private equity firm Francisco Partners.
Persons: Jonathan Adashek, hasn't, didn't, Arvind Krishna, James Kavanaugh, Watson, Krishna Organizations: IBM, Artifical Intelligence, CNBC, Unity, Microsoft, Google, Health, Francisco Partners Locations: POLAND
☆ This tech fund manager has outperformed for 10 years using a unique 'value opportunity' strategy
  + stars: | 2023-08-02 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +4 min
Even in a year with a huge tech stock rally, Columbia Global Technology Growth Fund (CTYRX) stands out for its outsized gains. The final bucket in the portfolio is value opportunity names, or stocks that Narang and his team believe have valuations cheaper than the entire portfolio. He cited data from Alliance Bernstein showing that tech stocks in the most expensive and least expensive quintiles tend to outperform historically — suggesting the attraction of a balanced approach. "Returns seesaw between growth and value over various periods of time," he added, noting this year's growth-oriented tech rally after last year's drubbing. Global mandate Over the last 11 years managing the fund, Narang called its "global mandate" both the biggest challenge and opportunity for him.
Persons: Rahul Narang, Narang, we're, It's, Bernstein, Morningstar Organizations: Columbia Global Technology Growth, Nasdaq, Morningstar . Columbia Management, California Polytechnic State, JPMorgan, Microsoft, Nvidia, Broadcom, Columbia, chipmakers, NXP Semiconductors, Taiwan Semiconductor Manufacturing Co, Samsung Locations: Morningstar, India
☆ South Korean startup rival to Nvidia seeks $400 million valuation and plans new A.I. chip
  + stars: | 2023-03-01 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +1 min
Sapeon was spun off from South Korea's SK Telecom in 2022 and is raising outside investment. BARCELONA, Spain — Sapeon, a South Korean artificial intelligence chip startup headquartered in California, is raising a funding round that puts its valuation above $400 million, its CEO told CNBC. The startup is backed by massive South Korean firms SK Telecom, memory-chip maker SK Hynix and SK Square, an investment company spun off of SK Telecom. But a number of established players such as AMD and startups like Sapeon, are looking to challenge Nvidia. Analysts at Bernstein expect ChatGPT to be a multi-billion dollar boon for chipmakers looking to fuel these AI models.
☆ Apple is coming off a terrible year and Wall Street is torn on whether it's set for more pain or about to skyrocket.
  + stars: | 2023-01-05 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +5 min
While the meeting minutes don't tell us exactly what the Fed will do next month, generally they are worth paying attention to for hints into the thinking of central bankers. Shares fell further on Tuesday and Wednesday after a Nikkei report said demand for MacBooks, AirPods, and Apple Watches is weakening. But Loup Funds' Gene Munster said Apple stock should be worth double its current value, given that it's one of the world's greatest companies. What's your outlook for Apple stock this year? This hedge fund manager has returned 163% over the last year, and he's anticipating more pain to come for stocks.
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