Bank of America's sharp commentary on the AI boom: Just getting started, equivalent to the "early days of the internet in 1996"!
① Bank of America Merrill Lynch said that the AI boom is still in its early stages, much like the development of the internet in the 1990s. ② The bank said that the impact of AI will be felt earlier than previous technology booms.
Huang Renxun, Altman and other American AI experts gathered at the White House to discuss AI infrastructure layout with the Biden team.
Attendees include NVIDIA CEO Huang Renxun, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Google President Ruth Porat, and Microsoft President Brad Smith. The conference focused on how to integrate the public and private sectors, discussing the energy usage of AI, datacenter capacity, semiconductor manufacturing, and power grid capacity.
4 Big Data Stocks to Buy With Solid Short-Term Price Upside Potential
Buy Insurance and Sell Software – Oppenheimer Asset Management
BlackRock: It will take time for capital expenditures to fully translate into revenue. Patience is still needed for artificial intelligence.
Blackrock believes it may take some time to see the capital expenditure of ai fully converted into income.
Shares of Software Companies Are Trading Lower Amid Overall Market Weakness. Weakness May Be Due to August's ISM Manufacturing PMI Data Indicating an Economic Contraction.