boom
Mickey Lyons is holding off on booking her next vacation — at least until prices drop. Loading audio narration… “I can’t believe I’m saying this,” the 53-year-old Detroit resident said. “But I’m considering driving across the border to Windsor, Ontario, and taking a 12-hour train ride to Montreal rather than…
AI companies will get a reality check that slashes their valuations and curbs their spending, Bill Gurley says. Loading audio narration… “One day we’re going to have an AI reset, because waves create bubbles, because interlopers come in,” the legendary venture capitalist said during a Monday interview on CNBC.However, Gurley…
Dell is the latest company to get a massive windfall from the AI boom.The tech company reported record annual revenue of $113.5 billion on Thursday, up 19% in its financial year ending January 30.Jeff Clarke, Dell’s vice chairman and chief operating officer, said it had been “a defining year for…
