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NVDA

Nvidia Corp. is indirectly competing with Microsoft, Alphabet, and Amazon in the AI sector by supplying AI accelerators to CoreWeave, a crypto mining company turned GPU-focused cloud service provider. CoreWeave recently secured $2.3 billion in debt financing to expand its infrastructure, primarily AI accelerators from Nvidia. Nvidia is also an early strategic investor in CoreWeave.

Portfolio Pulse from Shanthi Rexaline

August 08, 2023 | 7:41 am

META

TSLA

Tesla Inc.’s CEO Elon Musk has expressed uncertainty about his Chinese lookalike, Yilong Ma, being real or AI-generated. This comes after a video of Ma engaging in a mock boxing match with a printout of Meta Platforms Inc.’s CEO Mark Zuckerberg’s face surfaced on social media. Musk has previously expressed interest in meeting Ma, but has also voiced concerns about the prevalent use of deepfake technology.

Portfolio Pulse from Ananya Gairola

August 08, 2023 | 7:34 am

BPTS

Biophytis has received a positive opinion from Belgian authorities for its SARA-31 Phase 3 study. This approval is a significant step forward for the company's clinical trial.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 6:16 am

PLTR

Palantir Technologies (PLTR) reported Q2 results in line with expectations and issued upbeat guidance. The company's AI platform, AIP, launched 10 weeks ago, was a highlight of the quarterly results. The company's customer count rose about 38% YoY. The revenue beat was due to strength in its government business, and the commercial segment was also gaining traction. The company raised the mid-point of full-year revenue guidance to over $2.212 billion. The company is engaging with 300+ enterprises to deploy AIP.

Portfolio Pulse from Shanthi Rexaline

August 08, 2023 | 5:39 am

LCID

Lucid Motors (NASDAQ:LCID) plans to start production of its limited-production Air Sapphire in September and begin customer deliveries in October. The company also plans to unveil its Gravity SUV in November. The company ended the quarter with total liquidity of approximately $6.25 billion, which is expected to cover the production of Gravity and into 2025.

Portfolio Pulse from Anan Ashraf

August 08, 2023 | 5:06 am

TSLA

Elon Musk, CEO of Tesla and SpaceX, reacted to Tucker Carlson's interview with Tristan Tate on Twitter, now rebranded as 'X'. Carlson's show is hosted on Musk's social media platform. The Tate brothers, who were recently released from house arrest in Romania, were under investigation for allegations of abuse from seven women.

Portfolio Pulse from Ananya Gairola

August 08, 2023 | 4:05 am

TSLA

Elon Musk, CEO of Tesla, stated that the company's vehicles have a 'mind' of their own, indicating progress in artificial general intelligence. Musk's comments were in response to a fan's post about driving around San Francisco with Tesla's full self-driving (FSD) feature enabled. Musk has been promising self-driving capabilities since 2016 and recently hinted that FSD version 12 would no longer be in beta mode.

Portfolio Pulse from Anan Ashraf

August 08, 2023 | 3:05 am

RIVN

TSLA

A recent photo of Tesla's Cybertruck parked next to Rivian's R1T offers new insights into the size of the vehicles. The R1T appears larger due to camera angles, and its width, confirmed to be 6.5 feet, seems broader than the Cybertruck. Tesla has not yet released the finalized specifications for the Cybertruck, but it is expected to be the first sub-19 ft pickup truck with four doors and a bed over six feet.

Portfolio Pulse from Benzinga Neuro

August 08, 2023 | 2:30 am

DOGEUSD

Elon Musk's rebranded Twitter, now known as 'X', has started rolling out payouts for creator ad revenue sharing. The company had previously announced that it would make payments during the week of July 31, but due to higher-than-expected interest, the process was delayed. The payments have now begun, with creators including Dogecoin co-creator Billy Markus expressing their satisfaction on the platform.

Portfolio Pulse from Ananya Gairola

August 08, 2023 | 2:13 am

AAPL

Apple Inc. has started testing its next-generation laptop processor, the M3 Max chip, which includes 16 main processing cores and 40 graphics cores. This development sets the stage for the release of its most powerful MacBook Pro ever in the coming year.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 10:18 pm