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Software stocks in the State Street ETF lost $1.6T in combined market cap in 2026 due to AI fears; Microsoft, AppLovin, Intuit, and Salesforce each lost $50B+ (Wall Street Journal)

Wall Street Journal : Software stocks in the State Street ETF lost $1.6T in combined market cap in 2026 due to AI fears; Microsoft, AppLo...

30 September 2024

Sources: ByteDance plans to develop an AI model trained primarily with Huawei Ascend 910B chips, which it already uses for less intensive inference tasks (Reuters)

Reuters:
Sources: ByteDance plans to develop an AI model trained primarily with Huawei Ascend 910B chips, which it already uses for less intensive inference tasks  —  TikTok's Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compatriot Huawei Technologies (HWT.UL) …

Posted from: this blog via Microsoft Power Automate.

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