Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.
Jeff Bezos launches Project Prometheus, a $6.2B AI start-up focused on engineering and physical-world innovation, marking his ...
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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