35 min listen
AI Gold Rush Slows, Plus Shares of AT&T Near 30-Year Lows 7/18/23
FromTechCheck
ratings:
Length:
7 minutes
Released:
Jul 18, 2023
Format:
Podcast episode
Description
The AI gold rush that has seen billions of dollars poured into startups might already be slowing down. Two AI chatbots are laying off workers, as the field for startups grows crowded, businesses begin to demonstrate they don’t all survive as standalone products, and investors grow impatient for impact on revenue. Plus, shares of AT&T are near their lowest in 30 years as analysts try to gauge potential financial liability following a report on toxic lead cables. It comes on top of repeated downward revisions for its wireless and fiber growth, and a slowdown in subscriber growth.
Released:
Jul 18, 2023
Format:
Podcast episode
Titles in the series (100)
Breaking Down Tech’s Volatile Q1, The Bear Case for Disney & IPOs Drop Off to Start 2022 4/1/22: We begin today’s show covering President Biden’s remarks on the March jobs report before our anchors bring in CNBC’s Mike Santoli to recap a volatile Q1. Next, MoffettNathanson Senior Managing Director Michael Nathanson discusses his bearish outlook on Disney, and CNBC’s Leslie Picker analyzes the drop-off in IPOs to start the year. Then, Former Andreessen Horowitz Partner Benedict Evans weighs in on tech regulations, and O’Shaughnessy Asset Management Co-CIO Chris Meredith shares insight on how investors should think about risk and tech positioning heading into the second quarter. Later, our Julia Boorstin reports on ad spending growth flattening out, and CNBC’s Kate Rooney looks at banks including Morgan Stanley and Goldman Sachs expanding their dedicated crypto teams. by TechCheck