The world’s investment managers no longer see Chinese stocks as essential to their portfolios, according to Bloomberg’s analysis of 14 U.S. pension funds.
Author: admin (Kendrick Williams)
SPOTLIGHT TOP TREND 2023: OFFICE BUILDING BUST
Years of overbuilding and the transition to remote work has raised the U.S. national office vacancy rate to 19.6 percent, compared to 18.8 percent a year ago, Moody’s Analytics reported, the highest since at least 1979, the year Moody’s began tracking the data.
TOP TREND 2024 EV GO FU: HERTZ STUMBLES OVER EV HURDLES
Not so long ago, the Biden administration was heralding a major Hertz Rental Car investment in fleets of Electric Vehicles, as a cutting edge example of the EV transition.
“ELVIS” ON AI TOUR, AND “GEORGE CARLIN” DROPS A NEW COMEDY SPECIAL
In 1997, I wrote a play called Permanent Things, in which a character talking to her movie star father tells him what’s in the tea leaves for the future:
ALMOST THREE-QUARTERS OF WORKERS SAY AI HAS MADE THEM MORE PRODUCTIVE, BUT…
Seventy-two percent of workers using AI on the job say it makes them more productive, a CNBC survey found.
CAN BEZOS-BACKED “ANSWER ENGINE” CHALLENGE GOOGLE’S SEARCH DOMINANCE?
Perplexity, an AI start-up operating out of a San Francisco coworking space, is aiming for a piece of Google’s 90-percent ownership of the Internet search market.
INTEL LAUNCHES ITS OWN AI BUSINESS
Iconic chip maker Intel has announced it’s forming an independent generative AI company called Articul8 in partnership with DigitalBridge Group, an asset manager focused on digital technologies.
DISINFORMATION DRIVEN BY AI IS WORLD’S GREATEST THREAT, WEF SAYS
Lies and twisted facts supercharged by AI and designed to undermine democratic ideals and elections is the greatest immediate threat to the world economy, the World Economic Forum said in a report ahead of its annual convocation in Davos, Switzerland.
OPENAI OPENS ITS OWN APP STORE
OpenAI has launched The GPT Store, its own online department store where people can share their own customized adaptations of ChatGPT, the company’s market-leading chatbot.
AI IS GUARDING NATIONAL SECURITY AGAINST CYBERSPIES
National security agencies are using AI to detect subtle signs of probes and break-ins against sensitive databases that are hard to detect by conventional means, The Wall Street Journal reported.