Investing.com - The sprawling tax-cuts and spending package signed into law by U.S. President Donald Trump last week includes provisions that would lead to deep cuts to a food-assistance program used by tens of millions of Americans. Particularly impacted by the bill will likely be the Supplemental Nutrition Assistance Program, or SNAP, with the scheme’s federal budget facing a cumulative c ...
Investing.com - Generative artificial intelligence is likely to have a "profound" impact on the entertainment industry, possibly sparking both cost savings and an uptick in the supply of content, according to analysts at Morgan Stanley. Hollywood has been wrestling to come to grips with AI as it has risen in prominence in recent years, with artists looking to protect the integrity of their wo ...
Investing.com -- Generative AI and diffusion model tools may represent the next major growth catalyst for YouTube and Meta Platforms (NASDAQ:META), according to Morgan Stanley. In a new report this week, the bank highlighted how both platforms are rapidly expanding their image and video creation capabilities, which could drive greater user engagement and advertising revenue. “Every 1% ...
By Che Pan and Mei Mei Chu BEIJING (Reuters) -Nvidia CEO Jensen Huang will hold a media briefing in Beijing on July 16, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the export of Nvidia’s most advanced chips to China, ci ...