STOCKHOLM - Cisco on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms.
Foundation AI models are built using huge volumes of data and can be applied across a wide range of use cases.After Microsoft-backed OpenAI started the AI frenzy in 2022 with the launch of ChatGPT, several tech companies such as Meta and Amazon have also invested in various AI startups. In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share.BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then
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