Nvidia shares are declining after reaching a market high, but analyst Hans Mosesmann believes there's no cause for concern. He has a positive view on the stock and has issued the highest price target for Nvidia on Wall Street. Mosesmann sees Nvidia as the best way to invest in AI for the next decade, stating that it is no longer just a semiconductor company but a platform encompassing all things AI.
He also mentions that while Nvidia may lose market share, it can still capture value by monetizing the entire AI stack. Mosesmann's analysis suggests that Nvidia's recent volatility should not overshadow its long-term potential in the AI market.
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IBM has announced a major acquisition of Confluent, proposing $31 per share, which represents a 34% premium over the previous trading day's closing price.
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Dec 3 (Reuters) - On Wednesday, Microsoft denied a report from The Information claiming that multiple divisions within the company reduced sales growth targets for certain artificial intelligence products after several sales staff failed to meet their goals in the fiscal year ending June.
HeyGen, a leading innovator in artificial intelligence technology, has launched its new National News Video Maker, an advanced platform poised to transform the production of national news videos and breaking news segments.
TwinTone is transforming influencer marketing and social commerce through its AI-powered creator twins platform, enabling brands to instantly scale content production and engagement.
Anthropic, a prominent artificial intelligence company, has announced that it currently has no immediate plans to pursue an initial public offering (IPO).
On Wednesday, Microsoft disputed a report claiming the company had lowered growth targets for its artificial intelligence software sales after many salespeople failed to meet those goals in the previous fiscal year.
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