OpenAI's recent text-to-video model Sora has fired a fresh warning shot to China about its gap with the world's top artificial intelligence (AI) technologies, triggering questions about why the country has no equivalent product in an echo of the kind of soul-searching local researchers and investors went through after the 2022 launch of ChatGPT. Just a few years ago, China had envisioned itself eventually dominating the global AI race by leveraging the country's vast troves of data to develop ma
This stock is arguably the most magnificent member of the "Magnificent Seven."
Nvidia exponential growth and positive financial forecasts have propelled its stock to yet another new high, making the S&P 500 ever more reliant on the fate of a single semiconductor manufacturer. After jumping 16% on Thursday, Nvidia edged up another 0.4% in Friday trading to close at $788.17 a share. The recent gains have pushed its year-to-date growth to 59%, lifting the chipmaker’s market capitalization by $747 billion.