Google has reduced the monthly price of its AI subscription plan, Google AI Plus, from $7.99 to $4.99 while doubling the included storage from 200GB to 400GB. This move aims to attract more individual users and students by offering affordable AI features like video generation and AI research assistance. The price cut signals the start of a competitive pricing battle in the US AI market, following similar strategies in emerging markets like India. Experts predict this trend will commoditize AI infrastructure providers, potentially lowering margins for companies like OpenAI and Anthropic as price competition intensifies.
Kalshi, a prediction market platform, now mandates users to disclose their employers when placing bets on markets with potential insider trading risks. This policy aims to identify and block insiders with non-public information before trades occur. T...
Jim Cramer warns that tech stocks are losing key traits that fueled their dominance, such as limited share supply and strong buybacks. The surge in AI-related IPOs from companies like SpaceX and OpenAI, along with rising capital needs for AI infrastr...
Apple is running its new frontier AI model, FM Cloud Pro, on Nvidia GPUs hosted in Google Cloud, marking a shift from its usual in-house AI compute on M-series chips. This change is due to scaling limits in Apple's private AI infrastructure, which co...
The Invesco AI and Next Gen Software ETF (IGPT) has risen about 68% year to date, fueled by strong earnings from major tech companies like NVIDIA, Microsoft, Alphabet, Amazon, Meta, and Tesla, which dominate the fund's holdings. The key factor to wat...
Alex Sacerdote, founder of Whale Rock Capital, argues that AI-powered coding is the first major AI application showing clear real-world adoption and massive growth potential. He invested in Anthropic at a $180 billion valuation, highlighting rapid im...
