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Federal regulators have reportedly reached an agreement to investigate the dominant roles played by Microsoft, OpenAI, and Nvidia in the rapidly evolving AI industry.
The U.S. is opening antitrust investigations into two of the world’s most valuable companies, Microsoft Corp. and Nvidia Corp., over their dominance of the rapidly emerging field of artificial intelligence,
Consumer credit in the U.S. increased by much less than expected in the month of April, according to a report released by the Federal Reserve on Friday. The Fed said consumer credit climbed by $6.
Consumer credit in the U.S. increased by much less than expected in the month of April, according to a report released by the Federal Reserve on Friday. The Fed said consumer credit climbed by $6.
The stock market extended its bull market rally for another week, with fresh record highs for both the S&P 500 and the tech-heavy Nasdaq 100 indices. The tech sector – particularly the chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:SOXX), led broader market gains, driven by strong investor optimism toward artificial intelligence growth. Nvidia Corp.‘s (NASDAQ:NVDA) market valuation hit $3 trillion on Wednesday, briefly surpassing Apple Inc. (NASDAQ:AAPL) as the second most