AI investment is booming. How much is hype? | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

It’s not just big-money private investors hoping to cash in on the AI boom: Flows into the world’s top five AI-focused exchange-traded funds have ballooned by an average of 35% since the start of the year

“It may seem like a very big number,” he told CNN, but the company has big, global ambitions and needs a lot of expensive computing power to see that through, he said. The blowout deal is just one example of the feverish excitement surrounding the potential of “generative” artificial intelligence — which can create original text, images and other content in response to prompts from users — to generate whopping returns for investors.

Its stock has soared by 207% since the start of the year. But Nvidia’s stock has also traded on a price-to-earnings ratio — a measure of whether a share is over- or undervalued — of 237 over the past 12 months. The higher the ratio, the more likely a stock is overvalued. For comparison, companies on the S&P 500 have traded on an average ratio of 24 over the same period. While Nvidia is profitable, C3.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 4. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

TSMC says skilled worker shortage delays start of Arizona chip production | CNN BusinessShares of Taiwan Semiconductor Manufacturing Co slumped more than 3% Friday after the world’s largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.
La source: cnni - 🏆 326. / 59 Lire la suite »

How much it costs to watch Messi's US debut on TV | CNN BusinessWatching Leo Messi’s expected US debut on TV won’t cost as much as seeing it in person, but it’s not free.
La source: CNN - 🏆 4. / 95 Lire la suite »

New Jersey sues over New York City's congestion pricing plan | CNN BusinessNew Jersey is suing to stop New York City’s landmark congestion price plan to charge drivers entering downtown Manhattan.
La source: CNN - 🏆 4. / 95 Lire la suite »

OpenAI's head of trust and safety is stepping down | CNN BusinessOpenAI’s head of trust and safety announced on Thursday plans to step down from the job.
La source: CNN - 🏆 4. / 95 Lire la suite »

Visa and Mastercard can now be used on China's biggest payment apps | CNN BusinessVisiting China just got a whole lot easier for international travelers.
La source: cnni - 🏆 326. / 59 Lire la suite »

Walkouts and strike threats: Europe's outdoor workers struggle under the blistering heat wave | CNN BusinessAs swaths of southern Europe continue to swelter under a deadly heat wave, for many outdoor workers, it’s turning into a brutal endurance test.
La source: cnni - 🏆 326. / 59 Lire la suite »