Artificial intelligence is losing hype

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AI

𝙵𝚘𝚛 𝚜𝚘𝚖𝚎, 𝚝𝚑𝚊𝚝 𝚒𝚜 𝚙𝚛𝚘𝚘𝚏 𝚝𝚑𝚎 𝚝𝚎𝚌𝚑 𝚠𝚒𝚕𝚕 𝚒𝚗 𝚝𝚒𝚖𝚎 𝚜𝚞𝚌𝚌𝚎𝚎𝚍. 𝙰𝚛𝚎 𝚝𝚑𝚎𝚢 𝚛𝚒𝚐𝚑𝚝? Silicon Valley’s tech bros are having a difficult few weeks. A growing number of investors worry that artificial intelligence (AI) will not deliver the vast profits they seek. Since peaking last month the share prices of Western firms driving the ai […]

Apple used Google’s chips to train its AI — Where does that leave Nvidia?

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AI

𝘕𝘷𝘪𝘥𝘪𝘢’𝘴 𝘴𝘩𝘳𝘪𝘯𝘬𝘪𝘯𝘨 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘤𝘰𝘶𝘭𝘥 𝘴𝘪𝘨𝘯𝘢𝘭 𝘢 𝘴𝘩𝘪𝘧𝘵 𝘪𝘯 𝘵𝘩𝘦 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘪𝘷𝘦 𝘈𝘐 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘦𝘳’𝘴 𝘮𝘢𝘳𝘬𝘦𝘵. Apple had the same choices as any other technology company with money to burn when it came to training its artificial intelligence models. It could have used its own chips, conducted training via a cloud infrastructure, or gone the popular route […]

Memecoins and AI are pushing Gamefi out of the spotlight

Categories
AI, Crypto

𝘐𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘧𝘪𝘨𝘶𝘳𝘦𝘴 𝘥𝘪𝘴𝘢𝘨𝘳𝘦𝘦 𝘰𝘯 𝘸𝘩𝘦𝘵𝘩𝘦𝘳 𝘎𝘢𝘮𝘦𝘍𝘪 𝘪𝘴 𝘩𝘢𝘷𝘪𝘯𝘨 𝘢 𝘨𝘰𝘰𝘥 𝘺𝘦𝘢𝘳 𝘢𝘴 𝘰𝘵𝘩𝘦𝘳 𝘢𝘴𝘱𝘦𝘤𝘵𝘴 𝘰𝘧 𝘞𝘦𝘣3 𝘩𝘰𝘨 𝘵𝘩𝘦 𝘴𝘱𝘰𝘵𝘭𝘪𝘨𝘩𝘵. Gaming’s intersection with finance and crypto — also known as Gamefi — has been a bit of a mixed bag in 2024. Voices from across the industry have spoken to Cointelegraph to deliver their verdicts on […]

Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?

Categories
AI, Business

Powerful New Chips and Investor Skepticism When Jensen Huang addressed Nvidia’s annual general meeting, he didn’t mention the recent slide in Nvidia’s share price. Despite reaching a peak market value of $3.4 trillion on June 18, Nvidia saw a significant drop, shedding about $550 billion as tech investors combined profit-taking with doubts about sustaining such […]

Franklin Templeton Expands ETF to Include AI and Blockchain Exposure

Categories
AI, Crypto

𝘍𝘳𝘢𝘯𝘬𝘭𝘪𝘯 𝘛𝘦𝘮𝘱𝘭𝘦𝘵𝘰𝘯 𝘪𝘴 𝘴𝘦𝘵 𝘵𝘰 𝘦𝘹𝘱𝘢𝘯𝘥 𝘪𝘵𝘴 𝘮𝘦𝘵𝘢𝘷𝘦𝘳𝘴𝘦 𝘌𝘛𝘍 𝘵𝘰 𝘦𝘯𝘤𝘰𝘮𝘱𝘢𝘴𝘴 𝘢𝘳𝘵𝘪𝘧𝘪𝘤𝘪𝘢𝘭 𝘪𝘯𝘵𝘦𝘭𝘭𝘪𝘨𝘦𝘯𝘤𝘦 𝘢𝘯𝘥 𝘣𝘭𝘰𝘤𝘬𝘤𝘩𝘢𝘪𝘯, 𝘳𝘦𝘧𝘭𝘦𝘤𝘵𝘪𝘯𝘨 𝘢 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘮𝘰𝘷𝘦 𝘵𝘰 𝘣𝘳𝘰𝘢𝘥𝘦𝘯 𝘪𝘵𝘴 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺 𝘦𝘹𝘱𝘰𝘴𝘶𝘳𝘦. This expansion will lead to a rebranding of the Franklin Metaverse UCITS ETF (METU) to the Franklin AI, Metaverse and Blockchain UCITS ETF. The fund will now track the Solactive Global […]

The AI Pin Controversy: Gimmick or Genius?

Categories
AI

It’s showtime in tech town, and the curtain’s been yanked off Humane’s AI Pin — a device that’s either the next iPhone or a forgettable footnote in tech’s relentless march. Critics are torn, skeptics are vocal, and the believers are doubling down. Is this the breakthrough that will redefine computing or just a pricey badge […]