EPISODE · Oct 21, 2024 · 14 MIN

Weekly AI News Round Up

from Big Picture Investing with Kevin McCormick

We review the surging demand for artificial intelligence (AI) and its impact on several industries. We highlight the booming profits of chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) and its role in powering AI development. Multiple announcements cover the increasing investment in nuclear power by major tech companies, such as Google $GOOGL, Microsoft $MSFT, and Amazon $AMZN, as they seek to address the energy demands of AI. Additionally, we examine the race for AI adoption in the banking sector, with JPMorgan Chase leading the pack in AI talent and research, while other institutions like Morgan Stanley and HSBC are making strides to catch up.

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This episode is 14 minutes long.

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This episode was published on October 21, 2024.

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