Memory makers flush with $90bn cash flow on AI gold rush
We haven't written up this one. Nikkei Asia has the full story — the link below goes straight to it.
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AI financial advice is surprisingly good, especially if you ask right questions
Article URL: https://mitsloan.mit.edu/ideas-made-to-matter/ai-financial-advice-surprisingly-good-especially-if-you-ask-right-questions Comments URL: https://news.ycombinator.com/item?id=49139102…
Quote of the day by investor Warren Buffett on AI capex: "That's real money... That kind of money wasn't even put in the railroad business" — outlining his bullish long-term thesis on AI
AI companies are depleting their cash reserves and pouring historic levels of money into the AI buildout
Deep Finance Capital launches as DIFC's first AI-native asset manager
UAE-based Deep Finance Capital has launched as the first AI-native asset management company in the Dubai International Financial Centre (DIFC), operating under the regulation of the Dubai Financial Services Authority (DFSA) and serving institutional and professional investors across real estate, private equity, commodities and special…
Kuadra raises funding to expand AI-powered construction management
Egyptian construction technology startup Kuadra has secured a funding round led by Edafa Venture Capital to support the launch of what it describes as Egypt's first unified AI-powered platform for managing the entire construction project lifecycle.