Tag Archives: AI energy

Energy IPOs surge as investors hunt for ways to play AI boom

Investor interest in these IPOs comes amid growing concerns over whether hyperscalers, whose shares have soared in recent years, will be able to convert their huge spending into profits. Many traders are instead starting to look at smaller companies or those in other sectors that are likely to benefit from this wave of investment. Fervo… Read More: Energy IPOs surge as investors hunt for ways to play… »

Google CEO: If an AI bubble pops, no one is getting out clean

Market concerns and Google’s position Alphabet’s recent market performance has been driven by investor confidence in the company’s ability to compete with OpenAI’s ChatGPT, as well as its development of specialized chips for AI that can compete with Nvidia’s. Nvidia recently reached a world-first $5 trillion valuation due to making GPUs that can accelerate the… Read More: Google CEO: If an AI bubble pops, no one is… »