Artificial intelligence is sweeping across the economy. It’s showing up in the stock market with Nvidia’s meteoric rise, and the marketing blitz around AI is inescapable, whether from software providers peddling the promise of harnessed data to golf-club makers trumpeting an AI design. Narrow AI is now a real tool, and companies are figuring out how to deploy it.
Most people have seen robots in human form. The Hollywood version has starred in movies for decades. Now there are videos on the internet of real bipedal robots, whether it’s Elon Musk’s Optimus or the incredibly flexible two-legged robot from Boston Dynamics. Agility Robotics has one with legs that bend back at the knees like a flamingo.
Here’s a conversation starter ahead of Berkshire Hathaway Inc.’s annual meeting on Saturday: Warren Buffett should buy Boeing Co.
The artificial intelligence craze has driven Nvidia Corp. to a $2.3 trillion market value from about $360 billion at the beginning of last year, which means the chipmaker is trading at a price that’s 75 times higher than earnings. It is also taking some industrial companies along for the ride with a lot of room to run.
The US was awakened by the pandemic to the gaping holes in its supply chains for crucial medical supplies and electronics.
Manufacturers of fighter jets, battleships and missiles are usually one of investors’ best defensive havens when economies get shaky.
The driverless truck companies all contend their technology will make big rigs much safer for US highways.
It’s tough being caught in the middle, especially when it comes to inflation.
If reshoring doesn’t become a significant trend over the next decade, it never will.
For those who believe that the surge of interest in warehouse automation and robotics was just a pandemic fling that will fade as the labor market loosens, meet Malcolm Wilson.
American Airlines Group Inc. just agreed to purchase 20 supersonic jets from Boom Supersonic that are designed to carry as many as 80 passengers.
