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- AI’s energy demand: the biggest beneficiaries of Microsoft’s massive energy move
AI’s energy demand: the biggest beneficiaries of Microsoft’s massive energy move
The AI Investing Pulse
October 3rd, 2024
AI’s energy demand: the biggest beneficiaries of Microsoft’s massive energy move - MSN
Microsoft's aggressive push in the energy sector is reshaping its operational strategy and positioning the company as a dominant force in renewable energy. Key players in the industry stand to gain significantly from this major shift in power dynamics.
WEEKLY AI STOCK IDEAS
Constellation (CEG), Vistra (VST) - Benzinga
Utilities outpace the S&P500, fueled by AI. Both stocks are leading the charge
Soundhound (SOUN), Nvidia (NVDA) - The Motley Fool
Two generative AI stocks to watch, both have tripled over the last 12 months
Snowflake (SNOW) - Yahoo Finance
Is SNOW the top underrated AI stock for 2025?
THE MARKET
INDEX | TICKER | WEEKLY |
|---|---|---|
Nasdaq 100 | QQQ | -0.80% |
S&P 500 | SPY | -0.21% |
TOP AI STOCKS & ETFs
STOCKS & ETF | TICKER | WEEKLY |
|---|---|---|
Nano Labs | NA | 84.14% |
JD.com | JD | 34.90% |
Global X AI & Tech ETF | AIQ | 1.51% |
Roundhill Gen AI & Tech ETF | CHAT | 1.27% |
AI STOCKS & ETFs NEWS
Electrification-Themed ETFs are latest to join AI ‘Gold Rush’ - Yahoo Finance
It’s the latest trade in the buzzy world of thematic ETF investing: Energy companies that are riding the AI revolution.
Apple backs out of backing OpenAI - Ars Technica
Despite earlier expectations, Apple has decided against investing in OpenAI, focusing instead on its own AI developments.
Larry Ellison’s $100 Billion bet: nuclear power to drive Oracle’s AI revolution - Carbon Credits
Larry Ellison is investing heavily in nuclear power as a crucial element to support Oracle's AI initiatives. This $100 billion commitment aims to revolutionize energy consumption in the tech sector and enhance computational capabilities.
AI STARTUPS
AI chip startup Cerebras files for IPO - MarketWatch
Cerebras, an AI chip startup, has announced its intention to go public amid intense competition from industry giants like Nvidia.
Top 100 promising AI startups in 2024 - Analytics Insight
The list highlights companies that are expected to make significant impacts in the artificial intelligence landscape.
SoftBank reportedly set to invest $500m in AI startup OpenAI- Yahoo Finance
This investment is said to be part of a larger funding round that OpenAI is negotiating, which could total $6.5bn at a valuation of $150bn.
AI TRENDS
AI’s impact on innovation: key insights from the 2025 innovation barometer report - Unite
The 2025 Innovation Barometer Report reveals key insights into how organisations are adapting to and leveraging AI technologies for future growth and development.
AI accelerated servers fuel growth in data center spending - Data Centre Knowledge
Data center capital expenditures rose by nearly 50% in the second quarter of 2024, driven by growing demand for AI servers. The spending spree is expected to continue for the remainder of the year.
OTHER
The essential role of regulation in AI development - Autogpt
Regulatory frameworks are crucial for guiding the responsible development of artificial intelligence. They help mitigate risks while fostering innovation and public trust in AI technologies.
AI Chatbot to give stock-picking advice: how does AI perform in the markets? - Benzinga
An AI chatbot is set to provide stock picking recommendations, raising questions about its effectiveness in financial markets.