Expansion● Neutral for Indian equities
This new AI model could help America close a technological gap with China
The brief
- Nvidia-backed Reflection AI announced Beam, an ultra-efficient open model
- The model claims capabilities on par with Chinese models
- Jensen Huang's net worth crosses $200 billion, becomes world's 7th-richest person as Nvidia shares hit record
- Nvidia Hits First Record Since May As Value Nears $6 Trillion
- Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back
- Nvidia’s chip financing strategy faces Wall Street scrutiny
- Nvidia is touting a software tool to contain runaway AI. How would it work?