Much has changed in the crypto landscape over the past year and a half. And with it, so may more investors’ minds about cryptocurrencies — especially bitcoin, the (very young) granddaddy of them all.
Crucially, crypto has gained greater acceptance among regulators and large institutional investors as an asset class that is likely here to stay.
Meta is discussing a multi-billion dollar investment in Scale AI, according to Bloomberg. In fact, the deal value could reportedly exceed $10 billion, making it the largest external AI investment by Facebook’s parent company and one of the largest funding events ever for a private company.
Scale AI (whose CEO Alexandr Wang is pictured above) provides data labeling services to companies such as Microsoft and OpenAI to help them train their AI models.
» Read more about: Meta reportedly in talks to invest billions of dollars in Scale AI »
The AI revolution is here. Over the next decade, many experts believe that the artificial intelligence market will grow from a few hundred billion dollars in value to nearly $5 trillion. Fortunes will be made throughout this growth journey, and one new ETF from popular analyst Dan Ives seeks to give investors a one-stop shop for investing in AI.
» Read more about: The Best ETF to Invest in the AI Boom Without Betting on Just One Stock »
MIAMI GARDENS, FLORIDA – MARCH 20: Sloane Stephens of the United States celebrates defeating … More
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Dividend investing offers predictable cash flow and potential for long-term wealth through high-yield and dividend growth strategies.
The AI revolution is here. Over the next decade, many experts believe that the artificial intelligence market will grow from a few hundred billion dollars in value to nearly $5 trillion.
» Read more about: The Best ETF to Invest in the AI Boom Without Betting on Just One Stock »
Digital bank Chase has launched a new bonus offer on its easy access savings account for new customers today. Customers who join Chase from June 9 and open a Chase Saver Boosted account within the first 31 days will benefit from an interest rate of 5% AER variable.
» Read more about: Bank launches new 5% interest savings deal with 'boosted' rate »
Robinhood shares sold off on Monday as the online brokerage was snubbed in the latest quarterly rebalance of the S&P 500 Index after months of speculation that it could earn a coveted spot in the benchmark.
Shares of Robinhood dropped nearly 5% in premarket trading. The stock has rallied 3.3% Friday to bring last week’s gain to over 13% before the S&P Dow Jones Indices said after the bell that the S&P 500 would remain unchanged.
The rally in May could be just the start of a bigger jump in stock prices.
The stock market has been on a roller coaster ride since the start of the year.
After a rocky January, when AI stocks got dinged by DeepSeek‘s news of a cheaper reasoning model,
Cristian Randieri is Professor at eCampus University. Kwaai EMEA Director, Intellisystem Technologies Founder, C3i official member.
Despite massive expectations, businesses have historically been disappointed in the actual returns from their digital transformation investments.
In fact, the Harvard Business Review’s 2022 analysis of various studies found that digital transformations failed to meet their original objectives between 70% and 95% of the time.
» Read more about: What AI Investments Can Learn From Past Digital Transformation Efforts »
