Michael Burry Swaps AI Stock Shorts for Puts, Sees Bubble Bursting Sooner
Michael Burry has swapped several of his short positions on AI-linked stocks for put options, saying the move gives him…
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AMD to acquire Fei-Fei Li’s World Labs for $8.2 billion
AMD has agreed to buy World Labs, the AI start-up founded by Stanford researcher Fei-Fei Li, for about $8.2 billion…
Nvidia unveils AI agent security platform and $150bn buyback as Huang heads to White House
Nvidia unveiled a new AI agent security platform on Monday and expanded its stock buyback program by $150 billion, bringing…
PepsiCo plans to raise prices, and Wall Street analysts flag concern
PepsiCo will raise prices on chips, dips and sodas in the months ahead, reversing course after earlier cuts failed to…
GQG’s Rajiv Jain Reverses Skeptical Stance on AI Investments
Rajiv Jain, chairman and chief investment officer of GQG Partners, has reversed his long-held skepticism toward artificial intelligence investments. The…
