The tech world has been buzzing with exciting developments this week, from Stanford University’s groundbreaking AR glasses to Palantir’s impressive earnings report. Stanford researchers have unveiled a new prototype of AR glasses that are slim and light, revolutionizing the way we interact with augmented reality. These glasses feature AI-assisted holographic imaging technology that projects realistic, full-color, moving 3D images at varying depths.
On the financial front, Palantir Technologies has caught the attention of bullish analyst Daniel Ives of Wedbush. Despite a pullback after Q1 earnings, Palantir’s performance exceeded revenue expectations for the second quarter, leading Ives to see this as a golden buying opportunity. This news comes amidst growing concerns about AI’s impact on jobs and the economy, with OpenAI CEO Sam Altman emphasizing the need for serious discussions on this topic.
Wedbush analyst Dan Ives has also highlighted the ongoing fourth industrial revolution, led by NVIDIA Corporation’s CEO Jensen Huang, known as the ‘Godfather of AI’. Ives believes that AI investment is accelerating under Huang’s leadership, positioning NVIDIA as the de facto AI standard for the foreseeable future. Goldman Sachs has revised its 12-month price target for Nvidia Corporation, citing sustained demand for AI servers and an improving supply chain landscape.
Overall, it’s been an eventful week in the tech and finance sectors, with exciting advancements and opportunities on the horizon. Stay tuned for more updates on these developing stories.