Jeff Bezos' investment firm Bezos Expeditions joined a $450 million funding round for British startup CuspAI, which uses AI to discover new materials for semiconductors, clean energy, and advanced manufacturing. Valued at $2.6 billion, CuspAI recently partnered with Nvidia and other industry leaders to create an "AI Materials Foundry," combining computing power and scientific expertise to accelerate materials discovery. This effort reflects a growing trend of applying AI to solve physical world challenges, potentially enabling breakthroughs in technology and sustainability.
The Technology Select Sector SPDR Fund (XLK) offers low headline fees but carries significant hidden risks due to heavy concentration in just a few tech giants like NVIDIA, Apple, and Microsoft, which together make up 40% of the fund. Investors who a...
A low-cost AI model from China, Moonshot AI's Kimi K3, has sparked renewed discussion about spending on memory and compute power. Despite concerns that cheaper AI could reduce demand for expensive hardware, analysts suggest that U.S. chip makers like...
Jim Cramer warns that the AI stock trade has become too unpredictable and suggests investors should temporarily move their money into high-quality companies outside the technology sector, such as Goldman Sachs, Wells Fargo, FedEx, Honeywell, and Boei...
The KraneShares Public-Private AI & Technology ETF (AGIX) provides diversified exposure across AI hardware, infrastructure, and applications, including both public and private companies like Anthropic. It is positioned to benefit from the shift towar...
Infinity, an AI infrastructure startup, raised $15 million at a $100 million valuation to develop software that enables AI models to run efficiently on various chips beyond Nvidia's GPUs. Their technology aims to create a CUDA-like universal inferenc...
