Close
Ken Griffin, the billionaire CEO of Citadel, has made significant moves in the stock market, selling off a large portion of his Nvidia shares while investing heavily in Palantir. Despite the prevailing optimism surrounding AI advancements, Griffin expresses skepticism about AI's ability to outperform human capabilities in many scenarios. He believes that certain tasks, particularly those requiring adaptability to unpredictable conditions, are not suitable for AI models.
Griffin's decision to reduce his Nvidia holdings by 80% comes as the company faces challenges, including delays in the launch of its new AI chip. In contrast, his investment in Palantir reflects confidence in its growth potential, especially with its recent success in the commercial sector and the launch of its AI Platform. Analysts have mixed views on both companies, with Nvidia still holding a Strong Buy consensus while Palantir's outlook remains more cautious.
• Griffin sells Nvidia shares while investing in Palantir amid AI skepticism.
• Nvidia faces challenges with AI chip delays, impacting investor confidence.
The article discusses concerns about generative AI's impact on job security and its efficiency compared to human work.
Palantir's AI Platform aims to streamline AI model deployment and has gained traction in the commercial sector.
Griffin highlights that certain scenarios are not suitable for machine learning applications.
Nvidia has established itself as a key player in the AI market, but faces challenges with recent product delays.
Palantir is expanding its reach into the commercial sector with its AI Platform, which has shown significant growth.
The Motley Fool on MSN.com 12month
The Motley Fool on MSN.com 16month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
