Alibaba deepens AI push with new chip, bigger model; shares jump 5%
- Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip · reuters.com · about 11 hours ago
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Attempting to reconnectMarket-wide news desk: every wire on one tape, tellings of one story grouped under the newest, each story scored for tone. The rail keeps the last day legible -- an hourly AI desk brief, the tone split, a week of tone as a chart, and the most-covered tickers with their day moves.
JPMorgan CEO Jamie Dimon says AI spending across the hyperscaler ecosystem could reach $1 trillion next year as investment continues to surge.
Trump, facing low approval on the economy ahead of the midterm election, has an added incentive to emerge from the summit with China's Xi touting trade wins.
Jacob Coxon's post nearly two weeks ago that Anthropic and OpenAI were "gambling with our lives" set off a global debate about AI safety.
Shares of the social media giant surged 12% Monday.
Today reads warmer than 27 of the last 28 scored days. Click a bar to read that day's stories.