The FinTech Hub
Source: Live Mint From streaming your favourite show to powering AI breakthroughs and enabling cloud computing giants, these ordinary-looking facilities form the backbone of our hyper-connected world. Yet, while tech titans like Amazon and Microsoft dominate headlines, a group of undervalued data center stocks hidden in plain sight are poised to ride this wave of…
Source: Live Mint PWC, a professional-services firm, reckons that AI could add almost $16trn to global economic output by around 2030 (compared with 2017). McKinsey, a consulting firm, separately arrived at a similar figure, but now reckons this could rise by another 15-40% because of newer forms of AI such as large language models. Yet…
Source: Live Mint Silicon Valley’s tech bros are having a difficult few weeks. A growing number of investors worry that artificial intelligence (AI) will not deliver the vast profits they seek. Since peaking last month the share prices of Western firms driving the AI revolution have dropped by 15%. A growing number of observers now…
