Buffett’s Alphabet Blessing Puts Valuation Paradox Back in Focus

A recent report reveals that popular AI chatbots are directing users seeking advice on reversing an abortion to a hotline that advocates for an unproven and potentially harmful treatment. This practice raises concerns about the reliability and safety of information provided by AI technologies.

Physical Intelligence, a robotics startup focused on developing AI software for robots, has secured $600 million in funding, raising its valuation to $5.6 billion. The funding round was led by CapitalG, Alphabet Inc.'s independent growth fund, with participation from existing investors including Lux Capital, Thrive Capital, and Jeff Bezos.

Nvidia's recent earnings report has alleviated concerns regarding a potential AI bubble, indicating strong demand for its products. Despite this positive outcome, the company still faces challenges in meeting global demand for AI technology. Analysts continue to monitor Nvidia's performance closely as it plays a pivotal role in the AI sector.

Twenty's technology is assisting US military hackers in developing strategies to penetrate various targets effectively. This collaboration highlights the increasing reliance on innovative cyber solutions to enhance military capabilities.

Google is addressing the issue of spelling errors in images generated by artificial intelligence models. Despite the confidence displayed by AI assistants in chat responses, generating images with text often results in typos or distorted fonts. This development highlights the ongoing challenges in AI text recognition and generation.

A recent gathering in New York's financial district highlighted the growing intersection of traditional finance and cryptocurrency, as a prominent Wall Street figure met with a young crypto entrepreneur. This event underscores the increasing interest in prediction markets, which are gaining traction among major financial players.

A Chinese investment firm has acquired a block of shares in ByteDance Ltd. at a valuation of $480 billion, significantly higher than recent valuations. This acquisition reflects strong investor interest in ByteDance, the parent company of the popular video platform TikTok.

Xiaomi Corp. has raised its electric vehicle delivery target for 2025 to over 400,000 units, following a quicker-than-expected path to profitability in its EV business. This marks a significant milestone for the company as it continues to expand its presence in the competitive electric vehicle market.