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☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, Meta, Tesla, Eli Lilly, Walmart, Microsoft, Oracle & more
▼ + stars: | 2024-07-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

TD Cowen reiterates Meta as buy TD Cowen raised its price target on Meta to $600 per share from $530. Bank of America downgrades Visa & Mastercard to neutral from buy Bank of America said it sees "limited upside" for the payment stocks. Bank of America downgrades WK Kellogg to underperform from neutral Bank of America said it sees weakening industry trends for WK Kellogg. "We're initiating coverage of Bausch + Lomb (BLCO) with an Outperform rating and $19 price target." Bank of America initiates Composecure as buy Bank of America said it's bullish on shares of the metal payment card manufacturer.

Persons: Bernstein, Iris, it's bullish, Argus, Teva, Piper Sandler downgrades, Piper, Jefferies, Redburn, Goldman Sachs, Tesla, Goldman, Eli Lilly, Morgan Stanley, Needham, BTIG, it's, TD Cowen, Meta, WK Kellogg, Cobra Kai, Truist, Nomura, Raymond James, Bausch Organizations: Iris Energy, Walmart, Fox Robotics, Spotify, Oracle, Barclays, Microsoft, Citi, Quest, Bank of America, MKS, Southwest Citi, Southwest Airlines, Amazon, YouTube, Meta, " Bank of America, Visa, Mastercard, of America, SNAP, Netflix, Apple, Nvidia Locations: Mounjaro, Alaska, Southwest, underperform

☆ The 'AI laggard' trade could be ready to work again, benefiting these stocks
▼ + stars: | 2024-07-09 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

We think so," Melius analyst Ben Reitzes said in a research report on Monday. We think infrastructure software may be harder to disrupt," the Melius analyst said. Apple, AMD and Intel should benefit from looming product cycles and an eventual easing of cloud capital expenditures spending, according to Reitzes. For Apple, the analyst believes consumers will favor its iPhone 16 out in September given its "Apple Intelligence" AI capabilities. His price targets on Intel and AMD suggest the stocks can advance some 16% and 22%, respectively, over the next year.

Persons: Ben Reitzes, Melius, Reitzes Organizations: Apple, AMD, Research, VanEck Semiconductor, Intel, IBM, Devices, Apple Intelligence Locations: Monday's, Turin

☆ RBC's top stock ideas for the rest of the year include First Solar
▼ + stars: | 2024-07-09 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

As the third quarter kicks off, RBC Capital Markets added a solar company and oil giant to its list of Top 30 Global Ideas for 2024. RBC's list includes the firm's highest-conviction stocks offering strong, long-term upside potential that its analysts view as "well-positioned in the current environment." For the third quarter, RBC added solar solutions provider First Solar , oil giant Shell and global logistics provider Brambles to its list. The bank also removed Mastercard and Alnylam Pharmaceuticals , which was its best-performing stock in the group last quarter. Digital payments stock PayPal is another RBC pick, with its price target suggesting 42% potential upside over the next year.

Persons: Graeme Pearson, CrowdStrike, Matthew Hedberg, Hedberg, Daniel Perlin, Brambles Organizations: RBC Capital Markets, RBC, Mastercard, Alnylam Pharmaceuticals, Big Tech, Pearson, PayPal, Shell, Australian, RBC . Locations: U.S

☆ Jim Cramer doesn't want Amazon broken up into smaller companies — here's why
▼ + stars: | 2024-07-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

"I don't want it broken up," Jim Cramer said Tuesday during the Club's Morning Meeting . The Jefferies analysts used their SOTP to justify raising their Amazon price target to $235 per share from $225. They think AWS accounts for $96 of the new PT, with advertising at $68. Amazon also gathers data from shipping logistics, Alexa requests, and even home security given its ownership of the Ring and Blink camera companies. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Jefferies, Jim Cramer's, Jim Organizations: Big Tech, Services, EV, Subscription, Jefferies, AWS, Investors, Amazon Music, Amazon, Foods, CNBC, Future Publishing Locations: Washington

☆ Here's why KeyBanc analysts see more than 40% upside for Nvidia stock
▼ + stars: | 2024-07-09 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. KeyBanc raised its price target on the Club chipmaker's stock to $180 per share from $130. New research indicated that tirzepatide, the active ingredient in Lilly's Mounjaro for diabetes and Zepbound for weight loss leads to more weight loss than Novo Nordisk's semaglutide. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Goldman Sachs, Piper Sandler, —, KeyBanc, Eli Lilly, Lilly, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Big Tech, Nvidia, Club, Blackwell, Novo Nordisk's semaglutide

☆ Startups are building robots that can perceive the human world. Here's why VC firms like Khosla and a16z say that spatial intelligence will be the next big thing in AI.
▼ + stars: | 2024-07-09 | by ( Samantha Stokes | Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.

Persons: —, Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, –, Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei

A CNN investigation found that Airbnb consistently fails to protect its guests despite knowing hidden cameras are a persistent concern within its industry. Video Ad Feedback A woman describes the moment she realized her Airbnb host had placed a hidden camera in her room. And, while hotels can be held legally responsible for guests harmed on their property, Airbnb frequently is not. In January, CNN began reaching out to former Airbnb employees to ask about hidden camera concerns within the industry. “Less than a month for every victim,” said Wyzynajtys, the guest who found Allee’s hidden camera.

Persons: Airbnb, ”, Brian Chesky, Chloe LeBrument, “, LeBrument, … it’s, Bianca Zuniga, Goldwater, “ I’ve, Comfort , Texas David Wyzynajtys, Airbnb’s, Wyzynajtys, ” Wyzynajtys, David Wyzynajtys, Austin Steele, CNN Wyzynajtys, Jay Allee, Allee, –, Vrbo, CNN Allee, Butch Matjeka, ” Matjeka, Kim van Sparrentak, Murray Cox, Cox, Shannon Schott, “ They’re, They’re, ” Schott, Jan Schakowsky, Kyung, ’ Allee, didn’t, Airbnb superhost Peter Madden, Madden, he’d, “ I’m, ” Madden, undressed, Patricia DiCarlo, Matt Lait, Logan Whiteside, Yahya Abou, Ghazala Organizations: CNN, Social, ” CNN, Hyatt Hotels Corporation, Marriott International, Ontario Airbnb, Police, Sheriff’s, European Union, EU, Communications, Facebook, Illinois, Democratic, Airbnb’s San, Attorney, Westbrook Police, Vrbo Locations: Texas, San Francisco, London , Ontario, Ontario, Comfort , Texas, Jay Allee Kendall, Allee’s, California, Kendall, Allee, United States, New York, York, Florida, Airbnb’s, Airbnb’s San Francisco, Chesky, Melbourne, Australia, Maine, Cumberland County

☆ America must love Little Tech too if it wants to stay on top, say Marc Andreessen and Ben Horowitz
▼ + stars: | 2024-07-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Marc Andreessen and Ben Horowitz would like to think startups can play a key role in that process. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMarc Andreessen and Ben Horowitz have been fretting about 21st-century America. Simply, the agenda is about "Little Tech" startups, as opposed to Big Tech companies such as Apple, Google, and Meta. The opportunities that Little Tech presents — and the threats it faces — must be fully understood if America wants to stay on top, the investors argue.

Persons: Marc Andreessen, Ben Horowitz, —, A16z Organizations: Service, Tech, Big Tech, Apple, Google, Meta, Little Tech, Business

☆ Meet the AI-powered robots that Big Tech thinks can solve a global labor shortage
▼ + stars: | 2024-07-08 | by ( Kate Rooney | ) www.cnbc.com time to read: +1 min

If some industry experts are right, they could help solve a global labor shortage. Companies like Tesla, Amazon , Microsoft and Nvidia have plowed billions of dollars into what are known as "humanoid" robots. The market for humanoids is set to balloon to $38 billion in the next 20 years, according to an analysis by Goldman Sachs. The firm predicts these robots will be the next "must-have" device, not unlike smartphones or EVs. Goldman also say humanoids may be "vital for manufacturing and dangerous work, but they would also help with elderly care and fill in for labor shortages in factories."

Persons: Elon Musk, Musk, Goldman Sachs, Goldman Organizations: Microsoft, Nvidia, Robotics Locations: Silicon Valley

☆ AI stocks are in a costly bubble — and Nvidia may wither like a dot-com darling, markets guru says
▼ + stars: | 2024-07-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

A veteran analyst says AI is unproven, and stocks such as Nvidia are in a bubble and could wither. Ferguson sees shades of the dot-com bubble, warning Nvidia might lose its edge like Intel and Cisco did. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementArtificial intelligence is still just a pricey experiment, AI stocks are in a dangerous bubble, and Nvidia might wither like dot-com darlings Intel and Cisco, according to a markets guru. Ferguson recommended investors diversify their portfolios away from large-cap US growth stocks to limit their exposure if the tech bubble bursts.

Persons: MacroStrategy's James Ferguson, Ferguson, —, James Ferguson, Merryn, I'm, It's Organizations: Nvidia, Intel, Cisco, Service, MacroStrategy, Tech

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeet the AI-powered robots Big Tech is betting can solve the global labor crisisHumanoid robots are catching the attention, and billions of investment dollars, from Big Tech companies like Amazon, Google, Nvidia, Tesla and Microsoft. Powered by AI, these bots have seen quantum leaps in what they're capable of in just the past few years. CNBC's Kate Rooney speaks with Agility Robotics, Apptronik, Sanctuary AI and others to explore the rise of these AI-driven humanoids, if they're a cure-all for our global workforce problems, or if this is yet another tech bubble.

Persons: CNBC's Kate Rooney Organizations: Big Tech, Google, Nvidia, Tesla, Microsoft, Robotics

☆ Companies besides tech can reach megacap status, Jim Cramer says
▼ + stars: | 2024-07-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday suggested that it is not just Big Tech that has the capacity to lead the market. Cramer highlighted Eli Lilly , a pharmaceutical giant whose stock hit a new high during Monday's session and is currently valued at about $870 billion. "These companies maintain their status through invention," Cramer said of huge names such as Amazon , Meta , Apple , Microsoft , Alphabet and Nvidia . The question is why other companies aren't doing the same things that Eli Lilly's doing to get in the winner's circle." Eli Lilly did not immediately respond to CNBC's request for comment.

Persons: CNBC's Jim Cramer, Cramer, Eli Lilly, Eli Lilly's, Eli Lilly's Alzheimer's, — Organizations: Big Tech, U.S . Food, Drug Administration, Apple, Microsoft, Nvidia Locations: U.S

☆ ‘We don’t want to leave people behind’: AI is helping disabled people in surprising new ways
▼ + stars: | 2024-07-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

But advancements in AI technology are already beginning to remove the need for volunteer helpers on the other end. Applications for blind users are just one area where AI is helping to advance what’s known as “assistive technology,” tools designed to help people who are disabled or elderly. New generative AI tools are especially promising for accessibility applications because they’re designed to understand and produce information in various formats, including text, audio, photos and videos. The effort, called the Speech Accessibility Project, involves collecting recordings from volunteers with conditions such as Parkinsons, Down Syndrome, ALS and other disabilities that can affect speech. “We don’t want to leave people behind … technology in general has the ability to level the playing field,” Andersson said.

Persons: Matthew Sherwood, Sherwood, Chris, OpenAI, ” Sherwood, Eve Andersson, Google’s, ” Andersson, ”, Clarion Mendes, ” Mendes Organizations: New, New York CNN, Google, Apple, Tech, CNN, Big Tech, Microsoft, University of Illinois, Clarion Locations: New York, University of Illinois Urbana, Champaign

☆ This Gen Xer thought he was too old to work at Google. Then he landed a $320,000 job at the tech giant without applying.
▼ + stars: | 2024-07-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

But a few months ago, Boardman was working at Boston Consulting Group and had taken the tech giant on as a client. But he was also surprised by the offer, as he thought he was too old to be taken on by a company like Google. Related storiesBut it's still possible to get a Big Tech job at a later stage, as Boardman proves. Boardman suggests networking throughout your career and attending professional events to make connections and get to know the people at companies you're applying to. AdvertisementDon't get complacentBoardman didn't stumble into a job at Google — he's been working for this moment his whole career.

Persons: —, Mark Boardman, Boardman, he'd, it's, pigeonhole, who's, he's, That's Organizations: Service, Google, Business, Boston Consulting Group, —, Big Tech, US, Labour, Companies Locations: London

☆ Stop worrying and learn to love the triumph of Big Tech over everything
▼ + stars: | 2024-07-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We don't say they have a secular wind at their backs. We don't say: Apple's business is much better than we thought. They keep coming back to one main point: You can't have these companies dominate without something bad happening to the stock market. Let me present a different, factual manifesto: The companies with these amazing gains are companies that just don't stop inventing. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Joe Biden, Biden, Lilly, —, Tesla, Elon Musk, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Microsoft, Apple, Nvidia, Nasdaq, pharma, Novo Nordisk, National Football League, YouTube, Web Services, Costco, Walmart, Jim Cramer's Charitable, CNBC, Facebook, Google Locations: Lilly

☆ Tech workers look like the real winners of the AI talent war
▼ + stars: | 2024-07-07 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Big Tech firms such as Google and Microsoft are competing for top AI talent. But workers may be the real winners of the battle as they're securing bigger compensation packages. AdvertisementTech companies are embroiled in an intense war for top AI talent. "AI talent is in high demand, with companies offering impressive compensation. This competitive market is pushing up salaries and providing attractive financial incentives for tech workers," Srinivasan said.

Persons: —, Ram Srinivasan, JLL, Srinivasan Organizations: Big Tech, Google, Microsoft, Service, Tech, Meta, Business Locations: Levels.fyi

☆ Chinese millennials and Gen Zers have had enough of work, so they're embracing 'naked resignations'
▼ + stars: | 2024-07-06 | by ( Alexandra Bacon | Cheryl Teh | ) www.businessinsider.com time to read: +9 min

Advertisement'Naked resignation'One popular phrase on Chinese social media is "两点一线," which translates to "two points, one line." And discussion is rife on Chinese social media about 裸辞 — a term that translates, quite literally, to "naked resignation." Examples seen in BI's search of the keyword included "how much to save before naked resignation," "three things to consider before naked resignation," and "20 jobs to try after naked resignation." Advertisement"There are articles on Chinese social media criticizing gap years," she said, "arguing that it is a Western concept that does not adapt well to Chinese society." "There's a popular internet buzzword among Chinese young people, "Gai溜子," which can be roughly translated to "drifter" on the street," Lim added.

Persons: —, Jack Porteous, Tong, Porteous, aren't, Laurence Lim, Sally Maier, Yip, Qilai Shen, Lim, It's, Jack Ma, Qu Jing, Jenny Chan, Gen, Gai 溜 Organizations: Service, Business, Tong Global, Twitter, Publishing, Getty, Cherry, Consulting, Pictures, National Bureau of Statistics, Baidu, Hong Kong Polytechnic University Locations: China, Weibo, Xiaohongshu, Europe

☆ These are the top skills you need to help land a job in AI
▼ + stars: | 2024-07-05 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

AI skills are in high demand as companies aim to leverage AI for competitive products. AI expertise can lead to lucrative roles in Big Tech or startups and substantial pay raises. AdvertisementAI skills are in high demand in the job market as more companies seek to use the technology to compete with rivals and become more efficient. Having AI expertise could also land you a position at a Big Tech giant, startups — or even get you a pay bump. This story is available exclusively to Business Insider subscribers.

Persons: —, Nancy Xu Organizations: Big Tech, Service, Business

☆ 3 high-earners share when they knew it was time to quit their 6-figure jobs: 'It was literally driving me to the edge'
▼ + stars: | 2024-07-05 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

Business Insider spoke with three high-earners who left their six-figure jobs to save their mental health. It wasn't until his boss seriously questioned his work output that Yu made a pledge to himself to quit tech. Yu quit his job after brainstorming alternative income streams with his then-girlfriend (who became his fiancé), Wanda, and settling on house hacking. A year after quitting, he shared that his mental health improved, and he was ready to reenter the workforce. If you quit your job due to mental health concerns and would like to tell your story, email Tess Martinelli at tmartinelli@businessinsider.com.

Persons: —, Jean Kang, Kang, she'd, Eric Yu, Long, Yu, Wanda, He's, Tess Martinelli Organizations: Service, Business, Big, Big Tech, Facebook, Meta, McKinsey Locations: Big Tech, tmartinelli@businessinsider.com

☆ AI is amplifying social media disinformation — and making Big Tech civilly liable may be the key to stemming it
▼ + stars: | 2024-07-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

AI-generated so-called deepfakes are only exacerbating the problem and making it easier than ever to spread disinformation and misinformation via social media. Social media companies are protected from civil liability under a US lawSocial media has largely gone unregulated since its birth nearly three decades ago. So what's been the struggle for the government to address the issue of disinformation and misinformation on social media head-on? Related storiesMcQuade proposed amending Section 230 in order to hold social media companies accountable under certain circumstances. Major social media companies have their own misinformation policiesMany major social media companies, including Meta, TikTok and X, have their own policies when it comes to tackling misinformation and disinformation.

Persons: —, Barbara McQuade, McQuade, we've, what's, Gautaum Hans, Hans, there's, Donald Trump, Joe Biden, Biden, We've, abetted, Meta, Taylor Swift, Elon Musk Organizations: Service, United, Business, University of Michigan, US Department of Homeland Security, ABC News, Social, Communications, Big Tech, Cornell University, Republican, Democratic, US, Twitter, Google, Meta, Elon

☆ She interviewed for 15 AI roles before landing a Microsoft offer. It made her realize how the job market has changed.
▼ + stars: | 2024-07-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read preview29-year-old Supreet Kaur has interviewed at 15 companies over the last few months, and just received an offer from Microsoft. She said the job market for AI roles has changed drastically since she was on the hunt about two years ago. While Big Tech CEOs are fighting over AI talent, some candidates are fighting for a spot in the increasingly competitive job market. If you're looking for a job in AI, Kaur said these are the four key things you need to know. "The best way to look for a job is when you don't need a job," Kaur said.

Persons: —, Supreet Kaur, Morgan Stanley, Kaur, Google's, BNY Mellon Organizations: Service, Microsoft, Business, Big Tech, Summit New Locations: Summit New York, York

☆ Noplace is the hottest new app on the charts. Its founder spills on how it went viral and plans to skirt becoming a 'fad.'
▼ + stars: | 2024-07-04 | by ( Sydney Bradley | Alexandra Bacon | ) www.businessinsider.com time to read: +6 min

The social media app is the brainchild of 27-year-old serial founder and investor Tiffany "TZ" Zhong, whose tech career took off in her late-teens. Instead of stressing over carefully curated posts, the app encourages users to share their stream-of-consciousness thoughts directly to the feed. According to its App Store description, it aims to harken back to the social media era before "algos and ads" took over. She particularly follows the behavior of Noplace's "power users," some of whom even spend between eight and 10 hours on the app, Zhong said. And at a time when social media platforms are prioritizing entertainment over social interactions, Noplace feels timely.

Persons: —, Tiffany, Zhong, you've, It's, Noplace, Nospace, …, Alexis Ohanian, it's, There's Organizations: Service, Twitter, Apple, Business, Noplace's, Big Locations: Noplace, Reddit

☆ Apple and Microsoft seem to be playing very different games with their OpenAI deals
▼ + stars: | 2024-07-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

In the 1990s, Apple watched as Bill Gates took Windows global, giving Microsoft absolute dominance over the nascent PC market. Apple's OpenAI dealWhen Apple revealed a partnership with OpenAI at its Worldwide Developers Conference (WWDC) in June, questions swirled about the terms of the long-rumored tie-up. AdvertisementApple's new suite of AI features revealed at WWDC, dubbed Apple Intelligence, hardly relies on OpenAI's technology. ChatGPT is more of an add-on that Apple users can choose to give, or refuse, permission to respond to queries. The success of Apple's OpenAI tie-up could come down to how many people are willing to buy new iPhones.

Persons: —, Apple, Bill Gates, Steve Ballmer, Steve Jobs, Gates, Phil Schiller, Sam Altman's, Apple's, Apple isn't, OpenAI, Satya Nadella, Nadella, Yann LeCun, it's Organizations: Service, Microsoft, Business, Bloomberg, Apple, Big Tech, OpenAI, Worldwide Developers, Google . Apple Intelligence, Google, Apple Intelligence Locations: OpenAI

☆ Move over, Nvidia: A portfolio manager at $204 billion TCW Group shares a cloud computing competitor and 3 other underrated AI trades
▼ + stars: | 2024-07-03 | by ( Christine Ji | ) www.businessinsider.com time to read: +3 min

In a recent interview with Business Insider, Evan Feagans, a portfolio manager at TCW Group, shared four under-the-radar investments in the AI space he likes — including an Nvidia competitor that nobody is talking about. No Nvidia monopolyWith Big Tech — Nvidia in particular — generating massive amounts of buzz around AI, it's easy to think that the current industry leaders will continue to reign supreme. You still need data to train it on." AdvertisementThe top underrated AI picksFeagans shared his top picks for under-the-radar AI investments that he believes have been overlooked amid the Big Tech rally of the last year. These investments encompass all parts of the AI value chain, including core technologies, commercial use cases, and auxiliary products.

Persons: —, Evan Feagans, Banks, Ulrike Hoffman, UBS's, Feagans, that's Organizations: Service, Business, TCW Group, Nvidia, Big Tech, UBS, Micron, Samsung, Intelligence, TCW Locations: what's

☆ Tech giants like Google and Meta are admitting AI could actually hurt their businesses
▼ + stars: | 2024-07-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

SEC filings reveal that Meta, Microsoft, and more are concerned about the issues AI might present. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the years since then, companies like Google, Meta, Microsoft, and others have invested heavily in their AI efforts. This story is available exclusively to Business Insider subscribers.

Persons: —, OpenAI Organizations: Big Tech, SEC, Microsoft, Service, Google, Meta, Business

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