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First Trust Nasdaq Clean Edge Smart Grid Infrastructure Index Fund Newsroom
"The AI God" delivered a powerful speech: the era of "pre-training" dominated by computational power will end, the next generation belongs to "inference"; if machines have consciousness, then let them awaken!
Ilya Sutskever, former co-founder of OpenAI and founder of SSI, stated during his speech that the pre-training phase of AI model development is coming to an end. The future development of AI will focus on Asia Vets, synthetic data, and reasoning time computation. He elaborated on the immense potential of these three directions, for instance, synthetic data can overcome the limitations of real data volume, while reasoning time computation can enhance the efficiency and controllability of AI.
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Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
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U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
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