Wrapping Up August Markets, PCE Inflation Watch, Big Spotlight on AI 8/30/24
Squawk on the Street
Dynamics of Private Investment in the AI Sector
This chapter explores the ramifications of major private investments in the AI sector, particularly emphasizing Microsoft's recent investment and its competitive implications. It also examines the evolving partnerships in the industry, including the relationship between Apple and OpenAI, and the complexities of valuations influenced by key players like Nvidia.
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