Investec’s contrarian AI bet: people over machines
South Africa’s banks are placing strikingly different bets on artificial intelligence. Investec is resisting the AI-first turn that competitors such as Discov…
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AI Stocks Are Becoming Wall Street’s New Defensive Trade As Inflation Fears Rise, Goldman Says – Alphabet
Investors Seek Safety In AI Stocks
According to a Monday report from Business Insider, investors are favoring hyperscalers and AI-focused stocks, which may now…
All eyes are on Google and Nvidia in a pivotal week for the AI trade
The AI trade has had a busy month or so.
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Magnificent 7 members Alphabet, Microsoft, Amazon, and Meta reported earnings in late Apri…
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“If your instinct is to use AI, you shouldn’t be a writer,” says Seth Rogen
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Hollywood and AI have what you might call an interesting relationship. Some AI lovers believe Hollywood will be destroyed by the technology. Some folks in H…
The AI Boom: What Investors Must Know Now
The AI boom is driving significant investment across the economy, unlike the dotcom era. This includes building data centers and increasing demand for util…
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South Africa leads rest of Africa in AI adoption – Microsoft
South Africa is the highest-ranked country on the African continent for adoption of generative AI, according to new data from Microsoft – though the figures a…
Anthropic to brief financial regulators on Mythos AI risk
AI start-up Anthropic is set to brief the Financial Stability Board (FSB) on cyber vulnerabilities in the global financial system identified by its latest model…
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High energy prices could derail Europe’s AI race with U.S. and China
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Europe wants to position itself as a leader in AI and compete with the U…
Global Market Today: Asian shares slip, oil prices pile pressure on bonds
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Asia shares slip, oil prices pile pressure on bonds
Asia share markets slipped on Monday as fresh drone attacks in the Gulf pushed up oil prices and bond yields, while the AI boom is set to be tested by earnin…