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Search resuls for: "Big Tech titans"


5 mentions found


☆ The hollowing out of Vice and BuzzFeed marks the end of the digital media revolution
  + stars: | 2024-02-23 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +5 min
New York CNN —The digital media revolution is over. Its two leaders, Vice Media and BuzzFeed , are in a frenetic retreat, surrendering much of their online empires as they try to protect what remains of their core assets. The demise of Vice Media as we know it is a particularly hard pill to swallow. Ahead of the announcement, the mood inside Vice Media was grim. Dixon said in his note that Vice Media had determined it was “no longer cost-effective” for the company to distribute its digital content on its own.
Persons: “, ”, they’re, I’m, Bruce Dixon, Benjamin Mullin, Dixon, Shane Smith Organizations: New York CNN, Vice Media, Media, Big Tech titans, Fortress Investment, Sports Locations: New York
☆ The S&P 500 just hit an all-time high – but many other US stocks are still in a bear market
  + stars: | 2024-01-22 | by ( George Glover | ) www.businessinsider.com   time to read: +4 min
Read previewBlue-chip US stocks are trading at record levels – but small caps are still feeling the pain. That means the widely-followed gauge is technically still in a bear market, with high interest rates hammering lower-market-cap stocks even as AI powers the "Magnificent Seven" Big Tech titans to massive gains. "40% of Russell 2000 companies lose money, so these are companies that rely on credit to stay afloat." But the Russell 2000 is still in a bear market," he added. Economic bellwetherThe Russell 2000 isn't just a gauge of smaller-cap stock prices – it's also an economic bellwether.
Persons: —, Russell, they've, Ronald Temple, Lazard, Charles, Henry Monchau, That's, isn't, it's, JPMorgan Chase, Jamie Dimon, Steve Hanke, David Rosenberg, Hanke, Rosenberg, it'd Organizations: Service, Business, Big Tech titans, Federal Reserve, Facebook, Big Tech, Microsoft, Nvidia, Syz, LinkedIn, JPMorgan Locations: Swiss
☆ Don't worry — the machines won't be as smart as humans for a long time, because they've still got a lot to learn
  + stars: | 2024-01-20 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
Much of today's most popular AI models, such as OpenAI's GPT-4, are trained on what's publicly available on the internet. It's worth noting that AI models exist today that are pretty effective at generating images, but these are text-to-image models, like Midjourney and Stable Diffusion. Koller also sees issues with today's LLMs. This isn't the first time doubts have been raised about the capacity of today's AI models. Steve Jennings/Getty Images for TechCrunchThis is not to say today's LLMs are useless.
Persons: —, OpenAI's ChatGPT, Bill Gates, Daphne Koller, MacArthur, Koller, Neilson Barnard, chatbots, Yann LeCun, –, today's LLMs, LLMs, that's, Kai, Fu Lee, Steve Jennings Organizations: Economic, Service, Big Tech titans, Google, Microsoft, Getty, Meta Locations: Davos, Switzerland, today's, silico
☆ Stock futures edge higher on Sunday night as Wall Street awaits big tech earnings: Live updates
  + stars: | 2023-10-22 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Stock futures ticked higher on Sunday night as traders looked ahead to the release of corporate earnings from tech industry behemoths. S&P 500 futures and Nasdaq 100 futures climbed 0.23% and 0.15%, respectively. Earnings season ramps up this week, with a slew of big tech titans slated to report. Investors will anticipate results from Alphabet , Amazon , Meta and Microsoft to provide key information for the stock market.
Persons: Jerome Powell, Ryan Detrick Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Treasury, Federal, Economic, of New, Meta, Microsoft, Carson Group Locations: New York City, of New York
☆ Jim Cramer breaks down earnings results from Big Tech titans with new stock group: M.A.M.A.
  + stars: | 2023-05-01 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer breaks down earnings results from Big Tech titans with new stock group: M.A.M.A. 'Mad Money' host introduces 'M.A.M.A.' to group together earnings from Big Tech titans Microsoft, Alphabet, Meta, and Amazon.
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