Multi-million dollar broadband project brings internet to Pueblo West

Multi-million dollar broadband project brings internet to Pueblo West

Pueblo West’s economic development portfolio just got stronger as businesses and homes are now able to access high-speed internet service in areas where internet connectivity did not previously exist. More than 6,000 Pueblo West homes and businesses now have access to fiber-based optic internet thanks to an agreement between Highline Broadband and the Pueblo West …

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Box posts first $1 billion fiscal year as AI sales pick up, sending stock flying

Box posts first  billion fiscal year as AI sales pick up, sending stock flying

Published: March 5, 2024 at 4:14 p.m. ET Box Inc.’s stock was up more than 13% after hours Tuesday after the software firm reported its first $1 billion fiscal year and announced a $100 million share-buyback program. “Customers in financial services are upgrading to Box AI,” Box Chief Executive Aaron Levie said in an interview, …

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Kansas consider regulating AI in campaigns; it’s already being used

Kansas consider regulating AI in campaigns; it’s already being used

A bill that would have prohibited deceptive artificial intelligence-generated campaign advertisements didn’t pass by the turnaround deadline in the Kansas House, but the rapidly evolving technology is already in use in campaigns in several different ways. Pat Proctor, R-Leavenworth, introduced House Bill 2559, along with House Minority Leader Vic Miller, D-Topeka. The bill wouldn’t ban …

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Opinion: Look out, Super Micro: Dell is cementing itself as an AI play too

Opinion: Look out, Super Micro: Dell is cementing itself as an AI play too

Look out, Super Micro investors, as Dell is starting to cement itself as a major player in artificial intelligence in the computer-server and storage market. The company’s shares surged 19% in after-hours trading, as Chief Operating Officer Jeff Clarke and Chief Financial Officer Yvonne McGill spent much of their time on the earnings call answering …

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Apple Pay Later to report data to Experian, a ‘positive first step’ for consumers

Apple Pay Later to report data to Experian, a ‘positive first step’ for consumers

Users of Apple’s AAPL, -0.66% buy-now-pay-later platform will soon have their payment history reported to one of the major credit bureaus, but it won’t affect their credit scores — at least not yet. The announcement marks the latest move by credit bureaus to gradually incorporate buy-now-pay-later data into their models as this type of debt …

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UBS raises 2024 forecast for S&P 500 after ‘surge in AI investment’

UBS raises 2024 forecast for S&P 500 after ‘surge in AI investment’

UBS Group’s global wealth management business has raised its year-end target for the S&P 500 index to 5,200, citing drivers such as surging investment in artificial intelligence and stronger-than-expected company earnings. The S&P 500, a gauge of large-cap stocks in the U.S., broke past 5,100 on Friday morning, after AI beneficiary Nvidia Corp. NVDA on …

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CEOs of Intel, OpenAI chat about future of AI and ‘mind-boggling’ need for chips

CEOs of Intel, OpenAI chat about future of AI and ‘mind-boggling’ need for chips

SAN JOSE, Calif. — Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for a brainstorming session Wednesday while the booming market’s early leader reported another quarter of eye-popping growth. Intel INTC , a Silicon Valley pioneer that has been struggling in recent years, laid out its plans …

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Opinion: OpenAI’s Sam Altman has plans for AI that could mean big money for Intel

Opinion: OpenAI’s Sam Altman has plans for AI that could mean big money for Intel

I’m bullish on Intel for three main reasons: the leadership of Chief Executive Pat Gelsinger, the company’s strong ecosystem and Intel’s INTC ambitious foundry business — which has perhaps found the perfect moment to become the most important driver of Intel’s future.  Open AI CEO Sam Altman drew widespread attention recently when he appealed for up …

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