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Yann LeCun, Meta Platforms Inc.'s AI chief, expressed skepticism about the potential of AGI and quantum computing, differing from Nvidia CEO's predictions. He emphasized the need for diverse data in AI and questioned the efficiency of quantum computing compared to classical computers. His views highlight the challenges and uncertainty in AI and quantum computing development, despite significant investments from tech giants.

Portfolio Pulse from Ananya Gairola

December 04, 2023 | 6:46 am

MSFT

Kyndryl, in partnership with Microsoft, has published the results of the Global Sustainability Barometer Study, which assesses the current state of sustainability efforts worldwide.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:28 am

DOGE-USD

TWTR

Elon Musk praised the Community Notes feature on his social media platform, X (formerly Twitter), as the 'best source of truth' after it flagged a post by President Joe Biden about inflation and the economy. The flagged post was shared by DogeDesigner, a graphic designer at Dogecoin. Musk has been a proponent of Community Notes as a tool against misinformation. The feature had previously come under scrutiny for erroneously flagging a video shared by Donald Trump Jr.

Portfolio Pulse from Ananya Gairola

December 04, 2023 | 4:48 am

BTCUSD

U.S. Space Force Major Jason Lowery has written to the U.S. Defense Innovation Board, suggesting that Bitcoin's proof-of-work technology could revolutionize cyber warfare. He believes Bitcoin can secure various forms of data and aligns with strategic offset concepts. Lowery recommends further investigation into Bitcoin protocols for their potential to impose physical constraints in cyberspace, akin to traditional security strategies in physical domains.

Portfolio Pulse from Shivdeep Dhaliwal

December 04, 2023 | 4:40 am

TSLA

Elon Musk, CEO of Tesla Inc, reacted to a CGI video featuring a gun-wielding Optimus robot, stating 'We could make it real, but that would be scary.' The video was not real and was created by the YouTube channel SoKrispyMedia. Musk had previously shown appreciation for the video but later expressed concerns about making such a robot. Updates on the actual Tesla Optimus bot were not provided during the last earnings call, but Musk had mentioned in July that the first Tesla-designed Optimus would be walking by November and could be useful in Tesla factories sometime next year.

Portfolio Pulse from Anan Ashraf

December 04, 2023 | 3:16 am

AAPL

Zoom Video Communications Inc. (ZM) has launched its video conferencing software on Apple Inc.'s (AAPL) Apple TV 4K. The app, 'Zoom for Home TV', allows users to host and join meetings using the Continuity Camera feature with an iPhone or iPad running on iOS 17. This integration requires a stand like the Belkin MagSafe Mount, as the Apple TV lacks a built-in camera. The move follows Zoom's strong Q3 financial results, with a 3.2% increase in revenue year-over-year and an 18th consecutive EPS beat.

Portfolio Pulse from Benzinga Neuro

December 04, 2023 | 1:15 am

MSFT

ChatGPT, OpenAI's AI-powered chatbot, celebrated its first anniversary, marking a year of significant growth and impact on the AI industry. Since its launch in November 2022, ChatGPT reached 100 million users in 64 days and had 1.7 billion visits globally by October. The latest GPT-4 version offers enhanced capabilities for a $20 monthly subscription. OpenAI's CEO Sam Altman was briefly ousted but has been reinstated, while Microsoft (NASDAQ:MSFT), holding a 49% stake in OpenAI and having invested over $10 billion, secured a non-voting observer seat on OpenAI's board.

Portfolio Pulse from Ananya Gairola

December 03, 2023 | 5:09 pm

TSLA

Tesla's Cybertruck has received mixed reviews, with Canaccord Genuity analyst George Gianarikas acknowledging its performance but noting polarized opinions. Rivian is highlighted as having an 'incredibly compelling' product. The Cybertruck's economics are uncertain, but it may become gross-margin positive over time. Tesla's stock fell after the Cybertruck's release, with concerns over its high pricing.

Portfolio Pulse from Shanthi Rexaline

December 03, 2023 | 3:51 pm

AAPL

Apple Inc. (AAPL) is reportedly ending its credit card partnership with Goldman Sachs Group (GS) within 12-15 months. Apple faced security issues with an Apple ID hack affecting iCloud access. The company is also developing a budget-friendly version of its Vision Pro headset, aiming to cut production costs by 50%. A YouTuber built a discount Vision Pro, challenging the value of Apple's version. Apple celebrated 'Artist of the Year' Taylor Swift with a free event in NYC.

Portfolio Pulse from Benzinga Neuro

December 03, 2023 | 10:44 am

ADA-USD

BNB-USD

BTC-USD

ETH-USD

SOL-USD

The article discusses various methods for valuing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and BNB Chain (BNB). It covers approaches like the total addressable market, stock-to-flow model, Metcalfe's law, cost of production, discounted cash flow, network effects, and tokenomics. It also touches on valuing decentralized applications (DeFi) using financial ratios similar to traditional finance.

Portfolio Pulse from Stjepan Kalinic

December 02, 2023 | 4:32 pm