The bungled rollout of Google’s new artificial intelligence tool Gemini could end up being either a curse or a blessing for the Alphabet-owned tech giant, according to an analyst who owns the stock. Seeking Alpha analyst Steven Fiorillo wrote in an assessment published Wednesday that Gemini will either be Google’s “destruction or its resurrection” after a series of public failures by the model led the company to pull the plug on some features and vow to fix it. Google’s reputation is at stake… Source link
Read More »Why the August jobs report will be make-or-break for the Fed
The Federal Reserve has telegraphed that it will soon take the first steps in paring back its extraordinary monetary stimulus to the economy, but Fed officials are split on exactly when to start that process. For many of the 18 policymakers on the central bank’s Federal Open Market Committee, it could all come down to a single point of data due this week. “A non-committal Fed puts the focus squarely on Friday’s jobs report,” ING Economics wrote Tuesday. The August jobs report, to be… Source link
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