OpenAI Chief Executive Sam Altman gave his staff a preview Wednesday of the devices he is developing to build with the former Apple designer Jony Ive, laying out plans to ship 100 million AI “companions” that he hopes will become a part of everyday life. Continue reading What Sam Altman Told OpenAI About the Secret Device He’s Making With Jony Ive
Interesting turn of events. Jony Ive takiing on design role at OpenAI having sold his design firm to OpenAI for $6.5 Bn. Former Apple Design Guru Jony Ive to Take Expansive Role at OpenAI OpenAI to buy Ive’s startup in $6.5 billion deal, as Ive and CEO Sam Altman work on new generation of devices and other AI products. They have been secretly collaborating on a project to ” move consumers beyond screens” in the future. Ive considers screen addiction to be toxic. Few would disagree. Here follows an interview wwith Karen Swisher on the topic. ~~~~~~ May 21, … Continue reading Apple Design Guru Jony Ive to Take Expansive Role at OpenAI
The sheer scale of this one of many AI factories of the near future tell us a lot about AI direction, and adds meat to the bones of Jensens speech in Taipei this week. Enjoy. ~~~~~~~~~~~~~~~~~~~~~~ Inside the First Stargate AI Data Center OpenAI, Oracle and SoftBank hope that the site in Texas is the first of many across the US. By Shirin Ghaffary, Brody Ford, and Emily Chang May 20, 2025 at 8:00 AM EDT The future home of the first Stargate site in Abilene, Texas. . Photographer: Bobby Scheidemann for Bloomberg Businessweek Trucks carrying concrete and electrical … Continue reading Inside the First Stargate AI Data Center
Google search is probably doomed as upstarts such as Perplexity dominate research particularly in younger demographics. The Google challenge revolves around proactive search and ad tools search which are related to shopping but drive Google revenue. The following reposrt summarises the current situation and reported in Barrons. ~~~~~~~ Google Holds I/O Event as Questions Swirl Around Search Alphabet shares have come under pressure as investors question the company’s staying power in the new world of search. Last Updated: May 20, 2025 at 6:27 AM EDT Google I/O 2025: What to Watch Today By Adam Levine When … Continue reading Google Holds I/O Event as Questions Swirl Around Search
This is a surprising move which is not good for the financial system, It increases risk and there is no pressure to move on this right now. US set to cut capital requirements for banks, FT reports By Reuters … Continue reading US set to cut capital requirements for banks, FT reports
May 15 (Reuters) – Nvidia-backed AI company Coreweave (CRWV) has signed an additional agreement with OpenAI under which the ChatGPT maker has committed to pay Coreweave up to $4 billion through April 2029, a regulatory filing showed on Thursday. Coreweave said on a post-earnings call on Wednesday it had signed a $4 billion expansion with an AI enterprise, but did not name the company. Continue reading OpenAI to pay Coreweave up to $4 billion through April 2029
Research: CoreWeave’s AI Infrastructure and Market Position They have particular differentiation in 3. Infrastructure Differentiation. it is designed explicitly to operate with GPU infrastructure, and seed investment from Nvidia cements this. They have been around for eight years(8) years but still have startup characteristics. Their debt profile is high and rates are astronomic. They are working with Bank of America to refinance $1.5Bn debt. Their efforts in Spain are spectacular and Spain in particular is in dire need of high tech support. The facility was inaugurated today by the Mayor of Barcelona, Jaume Collboni, and Albert Tort, Secretary of Telecommunications and … Continue reading Coreweave joins ‘hyperscaler’ group
(test of new WordPress Micropost) Some random notes just today. Each infers days of research. The areas of China, tariffs, Middle East peace, softer US inflation and re-emergence of a bull market are pointers of that shift in expectations. There is no guarantee of course, but for now the ducks are aligned. Global AI and Saudi Humain Coreweave and Spain Concept of Nvidia advanced data Center’s takes hold Perplexity pursuing funding to replace Google and predominant search Governments making AI a strategic priority (Carney in Canada) Customized data Center construction and architecture becoming norm Continue reading Lots of indications today of pent up energy for next gen AI investment
Some random notes just today. Each infers days of research. Continue reading So much going on today in world of AI
3. Natural Language Processing (NLP) for Sentiment Analysis – Natural language processing (NLP) is another AI technique that is rapidly gaining popularity in hedge funds. NLP allows algorithms to analyze textual data from various sources, such as news articles, social media posts, and financial reports, to gauge market sentiment. – Hedge funds use sentiment analysis to gain insights into market trends, corporate news, and geopolitical events. By understanding how market participants feel about a particular asset or company, AI-driven models can help hedge funds make more informed decisions, especially in volatile markets. Continue reading Hedge Funds Sentiment Analysis
Bankwatch 