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09.08.26 - 11:00
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China′s AI models spooked Wall Street. But they may turbocharge industry growth (SCMP)
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Breakthroughs in cheap Chinese open-weight artificial intelligence models have spooked US investors, but analysts argue plummeting model costs will benefit the AI industry in the long run by supercharging global demand for AI systems.
Companies across the AI industry have slashed prices in recent weeks, with large-language model (LLM) inference prices per million tokens falling from above US$2 at the start of June to just US$1.2 this week, according to research firm Silicon Data's LLM Token......
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08.08.26 - 14:54
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AI Buildout Keeps Quinlan Bullish on US Stocks (Bloomberg)
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Merrill & Bank of America Head of Market Strategy Joe Quinlan is on Bloomberg This Weekend to give his reaction to the July jobs report. Quinlan explains to hosts David Gura and Christina Ruffini that the US economy remains resilient despite the weak July jobs data, pointing to continued hiring in construction and health care and investment tied to AI. (Source: Bloomberg)...
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