The updated image generation model features improved text rendering and translation and “advanced world knowledge.”
Source: Sherwood News.
Category: Business
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The threat of AI disruption has dawned on the bond market
22V Research economist Peter Williams noted that medium-term rate expectations have disconnected from recent encouraging labor market data.Source: Sherwood News.
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Ethereum struggles to hold market gains
After rallying above the $2,100 mark, ethereum dipped below $2,000, a round psychological price level.Source: Sherwood News.
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Michael Burry flags “troubling” jump in Nvidia’s supply commitments
The famed investor warns that noncancelable AI chip orders and $117 billion in total obligations could amplify the damage if demand cools.Source: Sherwood News.
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Tesla’s ride-hailing service is looking a lot more like Uber’s than Waymo’s
Tesla did nothing to secure driverless robotaxi approval in California last year.Source: Sherwood News.
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Bitcoin’s brief bounce doesn’t signal the bottom, analysts warn
With only two days to go in February, the asset is on track to notch its fifth straight month of losses.Source: Sherwood News.
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OpenAI may need to IPO or achieve AGI to get all of Amazon’s $50 billion investment
As part of OpenAI’s $100 billion fundraising round, a large part of Amazon’s investment could depend on the company achieving one of two difficult goals.Source: Sherwood News.
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Salesforce gets more direct about rivals and more vocal about customers
CEO Marc Benioff likened competitors ServiceNow and Veeva to “purgatory” and named specific customers Salesforce says it’s taken from them.Source: Sherwood News.
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As Nvidia’s gaming results underwhelm, the company sees “very tight” quarters ahead
The company’s former golden goose gaming division booked $3.7 billion in revenue in the fourth quarter, 8% below Wall Street’s expectations.Source: Sherwood News.
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Vistra beats Q4 earnings expectations for adjusted EBITDA, but dips on income decline
Here’s how Q4 numbers look for this mainstay of the AI energy trade.Source: Sherwood News.
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Why Nvidia’s terrific quarter is getting a tepid reaction
Nvidia’s CEO gave a deeply unsatisfying answer about his biggest customers’ ability to generate cash. But they might be investing more in AI GPUs in 2027 anyway.Source: Sherwood News.
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Sandisk rises on partnership with SK Hynix to standardize memory chip architecture tailored for AI data centers
HBF technology lies in between ultra-fast memory HBMs and high capacity SSDs — allowing both capacity expansion and power efficiency that is considered vital for AI inferencing.Source: Sherwood News.