Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.
Chanos has compared the current AI spending boom to the 1990s telecoms bubble. Notably, his concerns have been echoed by ...
A deep look at the AI market reset as smart money rotates out of Big Tech, speculative stocks fall, and trillion-dollar AI ...
The company’s revenue forecast, nearly double Wall Street’s estimate, showed that the starting gun had been fired in a race ...
“The Hyperion deal is a Frankenstein financing that combines elements of private equity, project finance, and investment-grade bonds. Meta needed such financial wizardry because it already issued a ...
Firms such as Blue Owl Capital have raised trillions in investing firepower. The artificial-intelligence build-out is a ...
By conventional indicators, the valuation of technology stocks has risen this year to take them into bubble territory. Valuations that reached multiples of forward ...
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