JPMorgan lifts S&P 500 target to 7,800 as blue sky scenario nears

Broadcom's ambitious AI revenue goals could reshape tech supply chains, influence crypto market dynamics, and challenge semiconductor competitors. The post Broadcom targets over $100B in AI semiconductor revenue by 2028 appeared first on Crypto Briefing.

Figma has unveiled some new design and coding product updates at its annual Config conference that aim to help creatives "push their ideas further" and automate tedious tasks with AI. Part of this is a reimagined canvas that's now optimized for full-stack development, according to Figma, bringing teams, AI agents, tools, and materials "together in one place." Notable callouts include coding layers that let you tweak the code of your projects without leaving the Figma Design canvas, and AI-generated motion graphics effects, which allow you to make animations and transition effects by simply describing them to Figma's chatbot interface. You c … Read the full story at The Verge.

Anthropic's leadership shift in AI talks may influence future regulatory frameworks, impacting market dynamics and compliance standards globally. The post Anthropic sidelines CEO Dario Amodei, sends cofounder Tom Brown to White House AI talks appeared first on Crypto Briefing.

Santander's AI-driven restructuring highlights the growing trend of automation reshaping workforce dynamics, impacting job security and cost efficiency. The post Santander plans up to 3,000 early retirements in Spain amid AI shift appeared first on Crypto Briefing.

Nvidia's current valuation could offer strategic investment opportunities, especially if AI-driven semiconductor growth meets future projections. The post Nvidia trades cheaper than semiconductor sector, says Tony Zhang appeared first on Crypto Briefing.

Fund manager Geoff Wilson says he did not watch full video and deleted it after ‘inappropriate associations were identified’ Get our breaking news email, free app or daily news podcast The fund manager Geoff Wilson, a prominent public critic of the government’s tax changes, has deleted an inflammatory AI-generated video he reposted from a rightwing nationalist account portraying Anthony Albanese and Jim Chalmers taking money from white Australians and giving it to recently arrived migrants wearing Islamic face coverings. Wilson said he had not watched the full video before sharing it or examined other accounts, some of whose content he reposted on Wednesday morning – which included content relating to the QAnon conspiracy theory – and deleted his posts after being contacted by Guardian Australia. Continue reading...

The AI investment boom has driven up valuations even as investors question the sustainability of the rally, with SoftBank's share price boosted by Son's all-in bet on OpenAI.

AI's transformative potential in medicine and science may drive significant economic shifts, despite current market volatility and hype. The post DeepMind’s Demis Hassabis warns AI may be overhyped short-term, underappreciated long-term appeared first on Crypto Briefing.