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$Tesla(TSLA.US$ stock fell 5% as the electric vehicle (EV) maker launched another round of price cuts around the world.
Three models saw price cuts of up to $2,000. The company posted that, with federal tax credits, the cost of its best-selling Model Y sedan fell below $30,000.
Tesla also dropped the price of its Full Self-Driving (FSD) option by one-third, to levels last seen in 2020.
TSLA stock opened this morning at $140...
Three models saw price cuts of up to $2,000. The company posted that, with federal tax credits, the cost of its best-selling Model Y sedan fell below $30,000.
Tesla also dropped the price of its Full Self-Driving (FSD) option by one-third, to levels last seen in 2020.
TSLA stock opened this morning at $140...
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$Alphabet-C(GOOG.US$ $Alphabet-A(GOOGL.US$ So I was digging around and found out that Prabhakar Raghavan, the head of Google Search, used to be the head of search at Yahoo from 2005 to 2012. And let me tell you, it's not a pretty story. During his time at Yahoo, the company's search market share PLUMMETED from 30.4% to 13.4%. Yeah, you read that right - it was a FREE FALL. And it's not like he was just a bystander, he was in charge of res...
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As fast as the artificial intelligence (AI) sector is growing, it isn’t immune to layoffs. Today, C3.ai ( $C3.ai(AI.US$ ), a company that has seen tremendous growth this year, announced job cuts, citing “the need for cost savings.” Despite rising more than 150% year-to-date (YTD), AI stock has been struggling lately. Indeed, C3.ai’s recent performance supports the argument from some experts that shares are fundamentally overvalued. Now...
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OpenAI on Wednesday (Nov 22) said that it has reached an agreement for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor, Larry Summers, and Adam D'Angelo.
OpenAI on Monday named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft.
The company fired Altman in a surprise move last Friday. Before the weekend was over, OpenAI investor Microsoft hired him...
OpenAI on Monday named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft.
The company fired Altman in a surprise move last Friday. Before the weekend was over, OpenAI investor Microsoft hired him...
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$Apple(AAPL.US$ ’s iPhone debuts have historically been a sell-the-news event for the stock, but the weeks following often provide an even better opportunity to buy the dip.
Over the past five years, September has been the worst month of the year for Apple, with the shares averaging a decline of 4.5%, compared with a drop of 3.2% for the S&P 500. At the same time, October has been among the best, with an average gain for Apple of 3.8% over t...
Over the past five years, September has been the worst month of the year for Apple, with the shares averaging a decline of 4.5%, compared with a drop of 3.2% for the S&P 500. At the same time, October has been among the best, with an average gain for Apple of 3.8% over t...
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In an effort to close the gap with competitors like $Alphabet-A(GOOGL.US$ , $Microsoft(MSFT.US$ , and OpenAI, $Meta Platforms(META.US$ will begin training a new model next year, possibly open-sourcing it.
According to Microsoft sources familiar with the matter, the new AI model under development, which is benchmarked against the GPT-4 introduced by OpenAI, could help the company build services that can generat...
According to Microsoft sources familiar with the matter, the new AI model under development, which is benchmarked against the GPT-4 introduced by OpenAI, could help the company build services that can generat...
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