The world of technology and business is abuzz with exciting developments, from AI-driven innovations to massive investments in the field. In this news brief, we'll delve into the latest stories that are making waves in the industry.
Nvidia's Bear Case Ahead of Q4 Earnings
Nvidia, the semiconductor giant, is set to release its Q4 earnings results on February 26. However, not all experts are bullish on the company. David Bahnsen, CIO of The Bahnsen Group, presents a bearish case for Nvidia, citing its premium valuation and lack of monopoly status. Bahnsen argues that Nvidia's earnings multiple is at an incredible premium compared to other AI companies, and that the company's growth expectations are based on the assumption that it will never have competition.
AI to Spot Hidden Brain Issues in Epileptic Kids
A team of researchers from UCL and King's College London has developed an AI-powered tool that can detect 64% of brain abnormalities associated with epilepsy that were missed by human radiologists. The tool, known as MELD Graph, uses MRI data to identify subtle brain abnormalities that might otherwise go undetected. This breakthrough has the potential to speed up diagnosis times, get patients the surgical treatment they need quicker, and reduce costs to the NHS by up to £55,000 per patient.
AI Could Help Detect Epilepsy Before Radiologists
Artificial intelligence (AI) could help detect abnormalities in the brain linked to epilepsy and lead to an earlier diagnosis, researchers say. The software, known as Meld Graph, was developed by scientists at King’s College London and University College London (UCL) to be used in instances when abnormalities are missed by radiologists. It was trained to detect focal cortical dysplasia (FCD), malformations that happen when neurons do not develop properly in certain areas of the brain.
Each Second of Google’s Veo 2 AI Video Footage Will Cost 50 Cents
Google's Veo 2 model was announced, and now we have an idea of what using it will cost. According to its pricing, 50 cents per second of footage. Veo 2 is presently limited to two-minute clips in up to 4K resolution — a fair sight more than the 20-second, 1080p clips generated by ChatGPT's Sora model.
From LIBRA to AI Bots: How Crypto Scammers Keep Killing Automated Traders
In the fallout of the LIBRA launch, blockchain security firm CertiK revealed how a new breed of scammers is switching tactics to target automated trading bots instead. CertiK chief security officer Kang Li shared insights into how some smart contracts are being deliberately designed to target the snipers themselves.
Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges
Alibaba, the fourth largest cloud company in the world, has unveiled plans to invest $53 billion in AI infrastructure over the next three years. The company's stock has hit a three-year high, with its market capitalization currently at $342 billion. Alibaba aims to become a global powerhouse in providing AI infrastructure, with CEO Eddie Wu declaring that AI is now the company's primary objective.
Why Nvidia Stock Looks Super Cheap Compared to Other AI Names
We asked about one of the biggest mysteries surrounding Nvidia's stock, and you responded with insightful analysis. Why does the stock still look so cheap on a forward price-to-earnings (P/E) multiple basis? Nvidia isn't some struggling like Intel — it's an artificial intelligence juggernaut that is dominating its industry.
AI-Driven Talent Acquisition: Transforming How We Find And Screen Talent
AI is revolutionizing hiring by automating sourcing, screening, and onboarding—connecting companies with top talent faster, smarter, and more efficiently than ever. AI-driven talent acquisition platforms use AI algorithms to analyze vast talent pools and instantly surface the best fit for any role.
Nvidia Takes EU Antitrust Regulators to Court for Probing AI Startup Run:ai Bid
U.S. chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its acquisition of AI startup Run:ai, saying they had flouted an earlier court ruling restricting their merger powers on minor deals.
Microsoft Reiterates Plan to Invest $80 Billion in AI, But May ‘Adjust Our Infrastructure in Some Areas’
Microsoft said it might make some infrastructure adjustments but still plans to spend over $80 billion on capital expenditures this fiscal year, which ends in June. Analysts at TD Cowen circulated a note on Friday suggesting that the company has canceled data center leases.
Key Takeaways
- AI is revolutionizing various industries, from healthcare to finance, with applications in diagnosis, talent acquisition, and more.
- Nvidia's stock looks cheap compared to other AI names, but the company's growth expectations are based on the assumption that it will never have competition.
- Alibaba is investing heavily in AI infrastructure, aiming to become a global powerhouse in providing AI services.
- Microsoft is reiterating its plan to invest $80 billion in AI, but may adjust its infrastructure in some areas.
- AI is transforming the way we find and screen talent, with platforms using AI algorithms to analyze vast talent pools and instantly surface the best fit for any role.
- Nvidia is taking EU antitrust regulators to court for probing its acquisition of AI startup Run:ai, saying they had flouted an earlier court ruling restricting their merger powers on minor deals.
Sources
- The bear case for Nvidia ahead of its Q4 earnings
- AI to Spot Hidden Brain Issues in Epileptic Kids
- How AI could help detect epilepsy before radiologists
- Each second of Google’s Veo 2 AI video footage will cost 50 cents
- From LIBRA to AI Bots: How Crypto Scammers ‘Keep Killing’ Automated Traders
- Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges
- Why Nvidia stock looks super cheap compared to other AI names, according to Yahoo Finance readers
- AI-Driven Talent Acquisition: Transforming How We Find And Screen Talent
- Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid
- Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'