Gates warned Nadella he'd burn $1 billion on OpenAI bet Microsoft CEO Satya Nadella revealed that Bill Gates initially warned him the company would "burn this billion dollars" when he proposed investing in OpenAI in 2019, despite what has become one of tech's most profitable partnerships worth $135 billion today. Speaking on the tech-focused YouTube show TPBN this week, Nadella disclosed that securing board approval for the initial $1 billion OpenAI investment wasn't straightforward, even drawing skepticism from Microsoft's co-founder. "Remember this was a nonprofit, and I think Bill even said, 'Yeah, you're going to burn this billion dollars,'" Nadella recalled #MicrosoftOpenAI #OpenAI #AIpartnership #TechNews #artificialintelligence #AIRevolution #Azure #AzureOpenAI #AGI
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Hybrid machine learning models boost financial and medical forecasts Researchers across multiple institutions have unveiled breakthrough hybrid machine learning approaches that significantly improve prediction accuracy in both financial markets and medical diagnostics, with new studies published throughout 2025 demonstrating superior performance over traditional single-model methods. #Gold #Finance #Investing #Healthcare #MedicalResearch #AIinMedicine https://www.perplexity.ai/...

JPMorgan says AI stocks generated $5T in US wealth JPMorgan Chase analysts have revealed that a select group of 30 artificial intelligence-linked stocks generated approximately $5 trillion in wealth gains for US households over the past year, fundamentally reshaping American consumer spending patterns and economic dynamics. #AI #artificialintelligence #AIMarket #Fintech #Investing #stockmarket #AIStocks https://www.perplexity.ai/...

Cathie Wood invests $12.3M in Alibaba amid AI push ARK Invest CEO Cathie Wood executed a series of significant portfolio adjustments this week, with her most notable move being a $12.3 million investment in Alibaba stock on October 15, followed by strategic purchases in agricultural equipment giant Deere & Co and biotech firm ATAI Life Sciences on October 17 #CathieWood #ArkInvest #Alibaba #ChineseTech #Investing #ETFInvesting #DisruptiveInnovation #AI #TechStocks #Deere #Biotech https://www.perplexity.ai/...

Analyst raises Robinhood target to $170 on earnings optimism Citizens JMP analyst Devin Ryan raised Robinhood's price target to $170 from $130 while maintaining an Outperform rating, citing potential upside to third-quarter earnings estimates and continued momentum in the capital markets and fintech sectors #Robinhood #Fintech #stockmarket #Investing #AnalystUpgrade #CapitalMarkets #FinanceNews #Trading #TechStocks https://www.perplexity.ai/...

Bank of England warns AI valuations risk dot-com-style crash The Bank of England issued its starkest warning yet about artificial intelligence investments on Wednesday, cautioning that "stretched valuations" in AI-focused technology companies could trigger a "sharp market correction" reminiscent of the dot-com bubble. #Finance #technology #AI #stockmarket #Investing #Fintech https://www.perplexity.ai/...

China's AI-led stock rally is reshaping markets with tech giants Alibaba and Baidu at the forefront. Fueled by breakthroughs like DeepSeek and international investor interest, this surge highlights China's rise in AI innovation and market confidence amid global economic challenges. #AI #stockmarket #ChinaTech #Alibaba #Baidu #DeepSeek #innovation #Investing #TechRally #artificialintelligence https://finance.yahoo.com/...