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CNBC Daily Open: Musk's AI start-up raises $6 billion - TL;DR CNBC

CNBC Daily Open: Musk's AI start-up raises $6 billion

Publishing timestamp: 2024-05-27 21:21:54


Summary

Nasdaq Composite reached new record high fueled by Nvidia's exceptional earnings report. Nvidia CEO's net worth soars. Glass Lewis advises Tesla shareholders to reject Elon Musk's pay package. Google's AI Overview feature faces criticism. Eli Lilly invests $5.3 billion in weight-loss plant. Wall Street bullish on Nvidia, but some investors may be overexposed. Elon Musk's xAI secures $6 billion in funding. OpenAI deals with News Corp and Reddit raise ethical concerns in AI development.


Sentiment: MIXED

Tickers: GME.STOXXNVDATSLA

Keywords: stoxx 600pricesbreaking news: technologynvidia corptesla incmarketsbusiness newsworld marketstechnologybreaking news: marketsunited statesgamestop corp

Source: https://www.cnbc.com/2024/05/28/cnbc-daily-open-musks-ai-start-up-raises-6-billion.html


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