Market Chatter: Google Developing AI Software With Human-Like Ability to Reason
Netflix, Disney+, Amazon Hit By Philippine's New 12% Tax On Digital Providers
Big AI Spenders Meta and Alphabet Get a New Bull -- Barrons.com
Companies Heavily Investing in AI Have Low Quant Valuation Grades
Character.ai Leaves LLM Building Behind Due to Expense: Report
Google paid 2.7 billion dollars to poach star founders and elite teams, while Character.ai abandoned the development of large AI models.
The temporary CEO of the company stated that they will try to rejuvenate the company by improving consumer products. Analysts believe that the technology of AI startups is easily replicated by large technology companies with financial resources and extensive global coverage. It is even more challenging to maintain technological advantages if they lose their star founder. This situation has raised concerns among people about the dominance of large technology companies in the AI industry.
Kraks : Dunno... if it's the usual copycat of NVDA soon it will rise again
Capoo Kraks : it's only 1%, it's normal movement, not really dropping
pootpoot : stocks dont travel linear straight up to destination. bound to have some pullbacks and profit taking/more investors buying in at different stages.