AI-focused hedge funds have raised billions; source: ex-OpenAI researcher Leopold Aschenbrenner's Situational Awareness manages $1.5B+ as a “brain trust on AI”
In this issue: — Concentrate! —Investors have done well in the aggregate … Forums: r/mlscaling : Leopold Aschenbrenner's ‘situated awareness’ AI hedge fund now manages $1.5b in assets (+47% ROI afte...
IBM survey of 2,000 CEOs from 33 countries: 25% of AI initiatives have delivered the expected ROI over the past few years, and 16% have scaled enterprise wide
Just 1 in 4 bets paying off so far — Only a quarter of AI initiatives have delivered the expected return on investment, according to an IBM survey of 2,000 CEOs.
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits
China is pulling the same trick. — www.ft.com/content/747a... Mastodon: Brian Kung / @briankung@hachyderm.io : “There's a pretty delicious, or maybe disconcerting irony to this, given OpenAI's found...
Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs has lost $45B+ since 2020's end
It's burned $45 billion on the metaverse since the end of 2020. — https://www.cnbc.com/... #tech #meta #metaverse #vr X: Jason Kint / @jason_kint : So generous. This is very likely just more aggres...
Nvidia reports Q1 revenue up 46% YoY to $8.29B, including Data Center up 83% to $3.75B and Gaming up 31% to $3.62B, forecasts Q2 below estimates; stock down 5%+
Here's Why the Stock Could Be a Solid Buy Wallace Witkowski / MarketWatch : Nvidia stock drops as China COVID shutdowns weaken outlook Tweets: Mark Tepper / @marktepperswp : Another company is slowing...