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Whether inspired by science fiction or true technological progress, people have long feared that human workers will one day be replaced by robots or artificial intelligence (AI).  To some, that future may be generations away. But ever since ChatGPT’s debut in late 2022, AI has progressed at unfathomable speeds. And over the past few quarters,
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Editor’s note: “Apple Intelligence: The Next Frontier in AI Development” was previously published in July 2024. It has since been updated to include the most relevant information available. Right now, the world’s most powerful companies are in an all-out race to develop top-tier artificial intelligence. Titans like Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META),
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In this article PTLO Follow your favorite stocksCREATE FREE ACCOUNT Employees prepare food orders at a Portillo’s restaurant in Chicago, Illinois, on Tuesday, Sept. 27, 2022. Christopher Dilts | Bloomberg | Getty Images Company: Portillo’s (PTLO) Business: Portillo’s owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and
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Tom Yeung here with this week’s Sunday Digest… where each week I bring you the best stories and investment ideas from the analysts across InvestorPlace.  Over the past several weeks, you’ve heard me talk a lot about artificial general intelligence (AGI). That’s the moment when AI becomes smarter than humans in a broad variety of
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Algerina Perna | Baltimore Sun | MCT | Getty Images The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed. That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since
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Monica Muñoz, top, and Denise Denning place black encapsulation material on solar panels at Elin Energys solar panel manufacturing facility on Thursday, April 25, 2024 in Brookshire.  Brett Coomer | Hearst Newspapers | Getty Images The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment,
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It’s good to have friends in high places. That is certainly what Lucid Group (NASDAQ:LCID) thinks. The Saudi Arabian government’s sovereign wealth fund Public Investment Fund (PIF) just injected the luxury electric vehicle maker with another $1.5 billion in cash, which gives it enough money to survive through the fourth quarter of 2025. Yet, it’s
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We all know by now that compound interest is hard to visualize. As early as 1256 AD, storytellers began recording the wheat and chessboard problem. It’s a story where a king agrees to reward a subject with one grain of wheat on the first square of a board, two on the second square… and continues
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