Reported about 10 hours ago
The Goldman Sachs Communacopia + Technology conference brought together key figures in the tech industry, where discussions highlighted strong growth in AI revenue, with OpenAI projecting over $13 billion in earnings this year alone. CoreWeave's soaring demand for AI computing capacities was notable, alongside competitive tensions between Palantir and Salesforce for government contracts. However, concerns about the economy's health surfaced, with indications of potential rate cuts from the Federal Reserve due to labor market stresses.
Source: YAHOO