Google has significantly updated its generative AI, launching the video model VEO 2 and the latest version Imagen 3.

Google's flagship AI research lab, Google DeepMind, significantly upgraded its AI-driven content generation tools on Monday, launching the Veo 2 video generation model and the enhanced Imagen 3 image model, challenging OpenAI's leading position in AI image and video generation. Google stated that these updates are expected to profoundly transform creative workflows, offering video and image creators a higher degree of realism and customization.

wallstreetcn07:42

Quantum Computing surged by 65% overnight! Has quantum computing ushered in the 'OpenAI moment'?

After Google announced the launch of the significant quantum chip Willow last week, Stocks related to quantum computing have received a lot of attention recently.

Zhitong Finance57minutes ago

Institutions: A "new approach" to evaluating the valuation of the US stock market.

Source: CICC Insights Authors: Liu Gang, Wang Zilin Last week, the Nasdaq Index first broke through the 0.02 million point barrier. Although concerns about high valuations and potential economic stagnation following Trump's inauguration remain, the U.S. stock market has continued to rally after the Fed's interest rate cut in September and especially after the November elections, with the three major indices repeatedly reaching new highs. Despite these concerns not reversing the upward trend of U.S. stocks, they have indeed increased alongside the market reaching new heights. So, at the current position, how high is the valuation of U.S. stocks? How high of a valuation level can the current growth and liquidity environment support? How should the valuation issue of U.S. stocks be viewed? In this regard, we take a longitudinal perspective.

CICC Insight.Dec 16 08:18

The CEO of Ozy Media has been sentenced to nearly 10 years for defrauding investors.

Carlos Watson, the CEO of Ozy Media, was sentenced to nearly 10 years in prison on Monday for lying to investors in his now-defunct digital Venture to attract big-name investors and falsely claiming to have the backing of giants like Goldman Sachs. In July of this year, the 55-year-old Watson and the company were found guilty of repeatedly misreporting Ozy's revenue to secure funding. The case gained notoriety after he instructed his co-founder to impersonate a YouTube executive during a conference call with Goldman Sachs bankers. The USA prosecutors had urged the judge to sentence Watson to 17 years in prison, citing his involvement.

Global Market Report08:03

Top 20 by transaction amount | Apple, Google, and Amazon have all reached historical highs! Broadcom continues its upward trend, rising over 11%.

On Monday, Micron, ranked 13th in US stock trading volume, rose by 5.62%, with a trading value of 4.631 billion USD; SoundHound AI, ranked 16th among AI software stocks, increased by 16.44%, with a trading volume of 3.184 billion USD; Super Micro Computer, ranked 20th, fell by 8.26%, with a trading value of 2.768 billion USD.

Global Market Broadcast07:17

Competing directly with Google (GOOGL.US)! OpenAI launches ChatGPT search functionality for all users.

OpenAI is launching a search product for all users of its chatbot ChatGPT starting Monday, intensifying its competition with Alphabet's (GOOGL.US) Google.

Zhitong Finance07:05