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Short bets against Nvidia currently stand at approximately $34 billion according to data from S3 Partners. This is nearly double the amount that has been bet against Apple and Tesla combined, with short bets of around $19 billion and $18 billion, respectively. However, short bets against Nvidia only comprise around 1% of the company's total stock market value. Demand for Nvidia's high-end AI processors has driven the stock up 143% in 2024. Some investors are betting that Nvidia's skyrocketing stock price will eventually fall back to earth.
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Dr Lyndon Walker
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Tech Advent
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Nvidia, NVDA, reached $3 trillion in market cap Wednesday, joining Apple and Microsoft as the third company to achieve the milestone. Nvidia is also the second-largest holding in the S&P 500.
⏲ 0:45 👁 850K
Daex
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Fix Windows Now
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Investors have poured money into startups developing AI agents that can complete tasks rather than answer questions like chatbots, after the success of ChatGPT. Companies like Klarna, Microsoft, Google, and OpenAI are working on AI assistants that can handle more complex multi-step tasks rather than single responses. Experts define AI agents as tools that can make decisions and complete work without constant human oversight, going beyond chatbots. Some argue the concept of a general-purpose AI assistant is overhyped, and widespread adoption of AI agents will take time as developers aim to improve the tools and build user trust significantly.
⏲ 0:43 👁 375K
Make Money Online With Google
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TSMC's May sales rose 30% year-over-year to $7.1 billion as strong demand for artificial intelligence chips and the recovery of some consumer electronics markets contributed to the sales growth. TSMC is the exclusive manufacturer of Nvidia's most advanced AI chips and also produces chips for Apple, AMD, and other companies. Smartphone sales emerged from a long slump in the first quarter of 2024, increasing expectations for strong orders of mobile chips. TSMC's chairman expects the overall semiconductor industry recovery to continue through 2024, driven by AI development.
⏲ 0:41 👁 350K
John Giannandrea, Apple's senior vice president of AI and machine learning, is pivotal in leading the company's AI strategy. New AI features for iPhone, iPad, and Mac are expected to be announced under his leadership at the upcoming WWDC conference on Monday. Giannandrea was a top executive at Google before joining Apple in 2018 to focus on boosting its work in AI and machine learning. Giannandrea is described as a humble and ahead-of-the-curve technologist who doesn't seek publicity like other tech executives. At Apple, his team's work has included AI features that enhance photos, accessibility, and Siri, though most have been behind-the-scenes until now. In addition to his tech career, Giannandrea also sits on the board of the SETI Institute, which focuses on searching for extraterrestrial life.
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Captcha a humanoid robot says they have no plans to take over the world but would rather just insult humans.
⏲ 0:52 👁 8.5M
“If you want to be a relevant, modern brand, you have to be able to sell across every surface area where consumers are spending their time,” says Shopify President.
⏲ 11:20 👁 3.7M
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