Bloomberg Tech Intel Soars on Potential Deals, Musk says Grok-3 is "Smartest AI"
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Feb 18, 2025 Dana Dioria, Group President at InvestNet Solutions, shares insight into investment strategies focused on the MAG7 stocks amidst changing market dynamics. Joelle Emerson, Co-founder and CEO of Paradigm, discusses how the evolution of diversity, equity, and inclusion programs in tech can lead to meaningful business outcomes. The conversation dives into Intel's stock surge linked to potential deals with TSMC and Broadcom, while Elon Musk promotes his new Grok-3 AI model, stirring discussions on the ethics and future of AI technologies.
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AI Investment Strategies
- Active managers seek opportunities within the tech sector beyond the MAG-7 to capitalize on AI growth.
- This approach helps maintain diversification while still participating in the AI investment theme.
Musk's Grok 3
- Elon Musk's XAI introduced the Grok 3 model, challenging OpenAI.
- This follows Musk's unsuccessful bid to buy OpenAI.
AI Safety Startup Funding
- OpenAI co-founder Ilya Sutskiver seeks to raise $1 billion for his AI safety startup, Safe Superintelligence.
- The deal could value the company at over $30 billion.