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🎩 Loeb, Tepper & Jones Bet on Nvidia 🔍 Clone Voices with AI 📲 Discover Google's AI-Enhanced Search

August 16, 2023

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🤖 AI And The Markets

Tepper’s, Appaloosa, Places Big Bets On Apple and AI Chipmakers, While Dropping Tesla — MarketWatch

Appaloosa increased its stake in Amazon.com Inc. by 58% to 3.2 million shares and hiked its stake in Microsoft Corp. by more than 375% to 1.2 million shares, while dumping stakes in Salesforce Inc. and Tesla Inc. TSLA . Back in May, Tepper had reported a new position in Tesla and Nvidia. Appaloosa also shed its positions in Walt Disney Co. DIS and Match Group Inc. MTCH -More info in article.

Nvidia Is an AI ‘Kingmaker.’ Don’t Sell the Stock Yet, Analyst Says — Barron’s

Nvidia is on track to go from having around 6% of the total $250 billion data-center market in 2022 to a market share of around 25% next year, according to Arcuri. He expects the successor to Nvidia’s current Hopper chips—tentatively named ‘Blackwell’—to begin ramping up in the fourth quarter of next year with a 40% higher average selling price than the current top-end H100 chip.

Google's AI search experience adds AI-powered summaries, definitions and coding improvements | TechCrunch

Google today is rolling out a few new updates to its Search Generative Experience, the company's AI-powered conversational mode in Search.

techcrunch.com/2023/08/15/googles-ai-search-experience-adds-ai-powered-summaries-definitions-and-coding-improvements

Billionaire Investor Bill Ackman's Hedge Fund Boosts Alphabet Stake As AI Hype Rages On

Pershing Square scooped up about $1.3 million shares of Alphabet Class A shares during the second quarter, upping its total stake to $1.1 billion.

www.aol.com/billionaire-investor-bill-ackmans-hedge-102152962.html

Next Billion-Dollar Startups 2023: AI And Data Dominate This Year’s List

The market’s obsession with data science and artificial intelligence is reflected in this year’s list of 25 companies we think most likely to reach $1 billion valuation.

www.forbes.com/sites/amyfeldman/2023/08/15/next-billion-dollar-startups-2023-ai-and-data-dominate-this-years-list

Dan Loeb, David Tepper, and Paul Tudor Jones Piled Into Nvidia Stock Last Quarter - And Other Elite Investors Joined Them

Loeb's Third Point, Tepper's Appaloosa Management, and Jim Simons' RenTech owned a combined $1.4 billion of Nvidia stock at the end of June.

markets.businessinsider.com/news/stocks/nvidia-ai-stock-portfolio-q2-loeb-tepper-simons-soros-tudor-2023-8

Unstoppable AI Stocks To Buy Hand Over Fist | The Motley Fool

Think AI stocks have gotten too expensive? These companies still trade at big discounts.

www.fool.com/investing/2023/08/15/2-unstoppable-ai-stocks-down-80-and-91-to-buy-hand

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😇AI Links That Don't Suck

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AI's Insane Attempts At Words

NVIDIA FlexiCubes: The Future Of 3D Mesh Generation 🧵

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