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Bridgewater's Ray Dalio: As wealth turns into cash, the AI bubble will eventually burst

Bridgewater's Ray Dalio: As wealth turns into cash, the AI bubble will eventually burst

``` Billionaire Ray Dalio says the booming artificial intelligence market is already showing signs of a bubble, which will eventually burst. Dalio, founder of Bridgewater Associates, said in an interview on Wednesday: "All major technological revolutions give rise to bubbles. No one can perfectly time the cycle. Either you pour

Google launches the AI personalized story app Dreambeans, available only to Ultra subscription users.

Google launches the AI personalized story app Dreambeans, available only to Ultra subscription users.

``` Google Labs has launched an experimental application called Dreambeans, which uses artificial intelligence technology to integrate users’ Gmail, Calendar, Photos and other Google product data, generating personalized story content daily. Its goal is to help users break free from endless scrolling and focus on what truly matters—people and events.

Trump's "circle of friends" collectively getting rich? On the eve of the SpaceX IPO, White House officials exposed for holding tens of millions of dollars in shares

Trump's "circle of friends" collectively getting rich? On the eve of the SpaceX IPO, White House officials exposed for holding tens of millions of dollars in shares

As SpaceX approaches the largest IPO in history, multiple senior U.S. government officials have been revealed to hold shares in the company or its affiliates. This deeply intertwined web of interests is raising widespread concerns about potential conflicts of interest. According to Bloomberg, based on the latest publicly released

AI data center electricity surge sweeps the globe; IREN signs 800MW transmission agreement in Australia.

AI data center electricity surge sweeps the globe; IREN signs 800MW transmission agreement in Australia.

``` The expansion momentum of global artificial intelligence infrastructure continues to extend into the Asia-Pacific region. AI cloud service provider IREN announced that it has signed an 800MW transmission connection agreement in South Australia, marking the company’s official expansion of its data center business into the Asia-Pacific region. According to

Federal Reserve No. 3 Official Williams: Interest rate outlook is uncertain, current policy is appropriately positioned

Federal Reserve No. 3 Official Williams: Interest rate outlook is uncertain, current policy is appropriately positioned

``` John Williams, President of the Federal Reserve Bank of New York, said that the current U.S. monetary policy is appropriately positioned, but he believes there is no clear direction for future interest rate movements. Williams said in an interview with Yahoo Finance on Wednesday: "Monetary policy is in

No longer relying on the United States! The EU launches its strongest "technological sovereignty" plan, targeting chips, AI, and cloud computing.

No longer relying on the United States! The EU launches its strongest "technological sovereignty" plan, targeting chips, AI, and cloud computing.

``` The EU unveiled its most comprehensive technology sovereignty strategy to date on Wednesday, aiming to reduce reliance on US technology supply chains. According to reports, the strategy covers key areas such as semiconductors, artificial intelligence, and cloud computing. Core measures include the Cloud and AI Development Act (CADA) and Chip

Nvidia "boosts" another stock: Navitas Semiconductor soars 24% premarket, betting on the 800V AI power revolution

Nvidia "boosts" another stock: Navitas Semiconductor soars 24% premarket, betting on the 800V AI power revolution

Navitas Semiconductor’s stock price surged significantly in pre-market trading, becoming the latest beneficiary of the AI infrastructure investment boom. The company announced a collaboration with Nvidia’s MGX ecosystem to jointly advance the construction of 800 VDC AI infrastructure, boosting market sentiment. On May 29, the company participated in