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Interesting by Chartr showing that AI data centers could soon contribute more to CO2 emissions than aviation does now.
After boycotting flying, will climate activists make a push to start boycotting TikTok and YouTube with all the AI generated clips and stop using Google, Facebook and the like? Source: Chartr, Michel A.Arouet
Microsoft, $MSFT, has said that these are the 40 jobs most at risk by AI
Source: unusual whales
Buy-now-pay-later firm Klarna reported AI-driven sales growth for the second quarter, enabling the company to generate revenues of $1 million per employee.
👉 The Swedish company said it had 20% like-for-like sales growth in the second quarter, with total revenues coming in at $823 million for the period. 👉The firm also saw adjusted operating profits of $29 million, up significantly from the first quarter’s $3 million. “AI adoption continues to deliver significant, tangible results. As a result of this strategy, average revenue per employee reached $1.0m, up 46% [year on year in the second quarter],” the company said in its quarterly report. 👉Klarna has aggressively leveraged AI to boost productivity performance. It has shed two in five jobs over the past two years as a result. “This shift reflects the growing impact of AI and automation in eliminating manual, time-consuming work across Klarna,” the company had said in its first-quarter results.
The Goldman Sachs AI Leaders Basket
Consisting of the 9 leading AI stocks (semiconductors: Nvidia, TSMC), software/data center (Palantir, Oracle, Microsoft, Vertiv), and power/infrastructure (GE Vernova, Constellation, Vistra) has made 756% since ChatGPT launch in 2022, an avg of 122% per year! Source: Bloomberg, HolderZ
OpenAI might soon be worth $500bn – thanks to a potential stock sale for employees.
The company is reportedly in early discussions to allow current and former employees to sell their shares, which would value OpenAI at roughly $500bn. Source: HolgerZ, Bloomberg
Top AI companies by Market Cap
Source: Mark Roussin, CPA @Dividend_Dollar
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