Business
from24/7 Wall St.
1 hour agoInvestors Chasing AI Hardware Gains May Want to Rethink ARTY Before Adding More Exposure
The iShares Future AI & Tech ETF (ARTY) has not reflected the explosive earnings growth in the semiconductor sector.
Four terabytes of data have reportedly been stolen, including database records and source code. Allegedly stolen data has been published on a leak site, containing Slack information, internal ticketing data, and videos of conversations between Mercor's AI systems and contractors.
Mistral AI has raised 723 million euros through debt financing from seven banks, including BNP Paribas and Bpifrance, to build a new data center near Paris. This facility will be equipped with 13,800 Nvidia GB300 chips, marking a significant step in establishing European AI infrastructure.
Empirical Ventures has secured a £10 million commitment from the British Business Bank through its Regional Angels Programme, bringing the Bank's total support for the firm to £15 million. This funding will allow Empirical to write larger cheques to early-stage science-led founders across the UK, particularly outside London.