SoftBank CEO Masayoshi Son revealed that OpenAI's next AI model is being designed by an AI itself, signaling the arrival of artificial super intelligence sooner than expected. Son now predicts super intelligence, where AI surpasses human intelligence by a large margin, could emerge within two years, revising his earlier 10-year forecast. This development raises both excitement and caution, as AI firms like Anthropic warn about the risks of rapid AI advancement and call for slowing progress to manage potential dangers. The evolution of AI could profoundly impact industries and society, with SoftBank heavily invested in AI technologies.
Bank of America highlights a divergence in earnings outlooks for CPU makers AMD, Intel, and ARM amid a mixed market. While PC and smartphone sales are declining, AI server chip demand is surging, benefiting AMD with expected earnings beats and raised...
The REX AI Equity Premium Income ETF (AIPI) changed its distribution schedule from monthly to weekly payments while maintaining a similar annual yield near 35%. The fund generates income by selling call options on AI-focused stocks like Palantir and ...
