Bloomberg Technology
Tech Selloff Deepens: Nasdaq 100 Faces Worst Drop Since 2022 | Bloomberg Technology
Bloomberg’s Ed Ludlow covers the Nasdaq 100’s worst drop since 2022 as tech leads a global market selloff. Plus, we look at Apple as Berkshire cuts its stake in the company by nearly 50%. And the future of AI startup Groq as it hits a $2.8 billion valuation. Chapters: 00:07:02 – Edward Jones Senior Strategist…
Bloomberg Technology
Brazil Top Court Fines Elon Musk’s X for Skirting Ban
Brazil’s Supreme Court ordered Elon Musk’s X to restore a block on its site in the country or face daily fines after the social media network managed to evade restrictions through a software update. Bloomberg’s Andrew Rosati joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…
Bloomberg Technology
Apple Gets EU Warning on Operating System
Apple has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies or eventually risk significant fines under its flagship digital antitrust rules. Bloomberg’s Gian Volpicelli joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…
Bloomberg Technology
Tech Outperforms After Jumbo Fed Rate Cut
Zachary Hill, head of portfolio management at Horizon Investments, joins Caroline Hyde and Ed Ludlow to discuss the impact of the Federal Reserve’s rate cut on tech markets and why the firm still believes in an AI play in the long term. He speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…
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Brazil Top Court Fines Elon Musk’s X for Skirting Ban
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@deniroulewah
August 5, 2024 at 3:42 pm
I would also go short on APPLE considering their late integration of AI on their gadgets, it was too late. Apart from that, HP and NVIDIA are introducing one of the best gadgets integrated with AI, so, Apple don’t have a chance in the future AI market
@basilihuoma5300
August 5, 2024 at 4:05 pm
Great point.
@microbe_rz37-rn1dk
August 5, 2024 at 5:32 pm
Apart from the immediate options play, I’d definitely say not too late considering latest news from the journal Nature about AI model collapse. Basically LLM’s feedback bad information back into themselves and deteriorate. I’ve noticed this first hand working with Meta AI Llama-3 recently.
@renereiche
August 5, 2024 at 6:14 pm
The DCLM 7b SLM (small language model) that Apple made public last week, which should be a better, larger version than what they will put on devices, was not bad but it was much weaker/dumber in the usual AI benchmarks than Meta’s LLAMA3 8b and Microsoft’s Phi3 mini model (which is only half the parameter count (3.8b) of Apple’s SML and yet much smarter). So I don’t have a lot of trust in Apple’s AI until they show real world results.