Warren Buffett, the billionaire investor and CEO of Berkshire Hathaway, recently sent a message to his fellow billionaires through a letter. In it, he subtly criticizes those who invest in companies that prioritize short-term profits over long-term sustainability. By doing so, Buffett is calling out some of the biggest names in business for their focus … Read more
Google has finally rolled out the long-awaited upgrades for its Gemini Live AI-powered chatbot. Introduced in August, these features are now available to users, addressing concerns about speed and enabling more immersive storytelling. Gemini Live now allows users to control conversation pace by saying “speed up” or “slow down.” This feature is marked as an … Read more
Renowned investor Michael Burry is warning that the hype around artificial intelligence (AI) could lead to significant earnings downfalls for top tech companies like Meta, Oracle, Microsoft, Amazon, and Google. Burry’s concerns are centered on the rapidly aging compute infrastructure in these mega-cap firms. According to Burry, the estimated depreciation of AI-related expenses could reach … Read more
Global asset management firm Barings predicts that private credit markets in Europe will continue to experience steady growth due to increasing investor interest in diversifying their portfolios beyond the US amid geopolitical tensions. The “attractive relative value” of Europe compared to the US is a key factor driving capital flows into the European private credit … Read more