OpenAI co-founder Ilya Sutskever resigns from the firm
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Microsoft (MSFT) PT Raised to $500 at RBC Capital
May 17, 2024 5:01 AM EDTRBC Capital analyst Kash Rangan raised the price target on Microsoft (NASDAQ: MSFT) to $500.00 (from $450.00) while maintaining a Outperform rating.
The analyst comments "AI remains one of the most important drivers for Microsoft Microsoft continues to invest aggressively in AI, given the market... More
Google I/O: 6 analyst takeaways from annual developer conference
May 15, 2024 9:20 AM EDT(Updated - May 15, 2024 11:29 AM EDT)
On Tuesday, Alphabet (NASDAQ: GOOGL) hosted its annual I/O developer conference, presenting the next step forward in the race for consumer and enterprise AI. Here's how analysts reacted:
Oppenheimer stated: "Relative to OpenAI's limited product demo the day before, we believe GOOG demonstrated its strong competitive position, driven by an essentially unlimited R&D budget, access to the largest user and... More
