3 days ago · DeepSeek is also catching investors off guard because of the low development costs for its AI app, which Wedbush Securities analyst Dan Ives pegged at only $6 million. By comparison, OpenAI,...

3 days ago · The tech sell-off caused by the release of China's DeepSeek's R1 large language model is likely to be a buying opportunity, Wedbush Securities said. Read for more.

13 hours ago · The general outlines of how OpenAI's o1 works have been known for quite a while—even before it was released—so it's not all that surprising that it can be roughly replicated.

Dec 18, 2024 · Dan Ives, a managing director and senior analyst at Wedbush Securities, recently published his top 10 predictions for the tech sector in 2025. While it's clear that Ives is bullish on the...

Oct 10, 2024 · OpenAI’s $6.6 billion funding round could be a Pyrrhic victory for the company whose technology has become synonymous with generative artificial intelligence — one that could ultimately serve as a warning for the burgeoning GenAI industry at large.

Oct 4, 2024 · Microsoft and Nvidia were also among the investors as well, Wedbush Securities analysts wrote in a Thursday note. As a result of the funding round, OpenAI CFO Sarah Friar told employees on...

Jan 24, 2025 · Wedbush raised the firm’s price target on Palantir . The firm says growing confidence in the company’s artificial intelligence strategy “is key to the bull thesis” on Palantir for 2025. Wedbush believes Palantir has a path to “become the next Oracle or …

Nov 22, 2023 · Microsoft reportedly owns 49% of OpenAI after investing more than $13 billion in the venture. "For Microsoft, this all ends up like a Cinderella ending as OpenAI will be stronger from an innovation...

Dec 28, 2023 · Dan Ives, Wedbush Securities analyst, joins 'Closing Bell' to discuss the new price target for Microsoft, the NYT's lawsuit against Microsoft and OpenAI, and more.

3 days ago · DeepSeek, a Hangzhou-based startup founded in 2023, shot to the top of Apple’s App Store free app chart after releasing a new open-source AI model it says rivals OpenAI's work. Its website was ...