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Chip Stocks Dive on Talk of AI Slowdown
The Wall Street Journal5d agoneutral
Chip Stocks Dive on Talk of AI Slowdown

Asian and European chip stocks tumbled Monday after leaders of the world’s biggest artificial intelligence companies called for the industry to slow development of the technology for safety reasons. Nvidia and Intel are down in premarket trading.

Korea Central Bank Sounds Alarm About AI Trading Frenzy
The Wall Street Journal9d agoneutral
Korea Central Bank Sounds Alarm About AI Trading Frenzy

The AI boom turned Korea's stock market into the world's craziest as investors piled into leveraged ETFs to bet on chip giants Samsung and SK Hynix. The volatility is worrying regulators. “Leveraged investment targeting domestic stocks expanded not only domestically but also in international financial markets, creating unexpected spillover effects,” the Bank of Korea said Thursday.

My First Impressions of the New Folding iPhone Duo
The Wall Street Journal9d agoneutral
My First Impressions of the New Folding iPhone Duo

WSJ’s Nicole Nguyen tried out the new foldable iPhone Duo following Apple’s keynote address. The $1,999 device is the biggest shake-up to Apple’s smartphone lineup in years. CUPERTINO, Calif.—As I watched a Netflix show on Apple’s first foldable, the iPhone Duo, I had two surprising thoughts.

Mistral AI Raises  3 Billion With Samsung Leading the Round
Bloomberg11d agoneutralVIDEO
Mistral AI Raises 3 Billion With Samsung Leading the Round

French artificial intelligence company Mistral AI is raising 3 billion ($3.49 billion) in a Series D funding round, with Samsung Electronics joining the round. Chief Executive Officer Arthur Mensch argues that the company is probably still undervalued and that macroeconomic reasons are starting to show that open source models will win. He speaks with Bloomberg's Tom Mackenzie.