AINewsnow

‘They are in a casino’: Broadcom is making billions off the AI boom, but CEO Hock Tan said many AI investors have ‘no clue’ what they’re investing in

Tan warned that investors are betting on AI companies that might not end up profitable, and that companies are “wasting money” on AI experimentation.

Read the full story at Fortune AI ↗

Timeline · 1 report

  1. 2026-10-15 15:30 · Fortune AI
    ‘They are in a casino’: Broadcom is making billions off the AI boom, but CEO Hock Tan said many AI investors have ‘no clue’ what they’re investing in

More stories

  1. NVIDIA releases Nemotron 3.5 Super VL and Bolt models for enterprise agents — NVIDIA Technical Blog
  2. Welcome Muse Spark Open: open-weight frontier multimodal mixture-of-experts model from Meta — Hugging Face Blog
  3. Be There for the Beginning: Celebrate the Launch of NVIDIA RTX Spark — NVIDIA Blog
  4. Black Forest Labs Releases Open-Weights FLUX 3 Image Klein Model — Hugging Face Blog
  5. Anthropic Reports $16.8 Billion Q3 Revenue Ahead of IPO — Bloomberg AI
  6. Google Launches Universal Cart Across Search and Gemini App — The Verge AI
  7. Employee arrested after listening device found in OpenAI conference room, FBI and the company say — ABC News Technology
  8. Amazon launches new Bee personal AI devices starting at $75 — TechCrunch AI

Get the daily brief of stories like this at 6:30 every morning →