AI’s Open-Source Future

AI’s Open-Source Future

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hugging Face, a hub for advanced AI models, has quickly become one of tech’s hottest startups, thanks to growing enterprise interest in open-source AI platforms. With a $4.5B valuation, and marquee investors including Nvidia and Google, Hugging Face Co-Founder and CEO Clem … Read more

How to trade Friday’s job report

How to trade Friday’s job report

The best-case scenario for stocks is if Friday’s jobs report comes in slightly above consensus, according to JPMorgan. Investors will be closely scrutinizing the September labor market report, due for release on Friday morning. The numbers come at a precarious time for the economy, after Federal Reserve Chair Jerome Powell has emphasized the U.S. central … Read more

Tesla posts first quarterly increase in deliveries, but shares slump with investors hoping for more

Tesla posts first quarterly increase in deliveries, but shares slump with investors hoping for more

Low interest financing, sweet lease deals, price cuts and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker. The Austin, Texas, company said Wednesday that it delivered 462,890 vehicles from July through September, bolstered by loans as low as 1.99%, and $299 monthly leases … Read more

ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots

ChatGPT maker OpenAI raises .6 billion in fresh funding as it moves away from its nonprofit roots

OpenAI said Wednesday it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots. Led by venture capital firm Thrive Capital, the funding round was backed by tech giants Microsoft, Nvidia and SoftBank, according to a source familiar with the funding who … Read more

Trump election case judge unseals special counsel motion on immunity

Trump election case judge unseals special counsel motion on immunity

Republican presidential nominee and former U.S. President Donald Trump makes a campaign stop at manufacturer FALK Production in Walker, Michigan, U.S. September 27, 2024.  Brian Snyder | Reuters A federal judge on Wednesday unsealed a motion by Special Counsel Jack Smith detailing evidence against former President Donald Trump in his criminal election interference case in … Read more