Some investors have equated the AI threat to the much-hyped but slow-to-materialize disruption of self-driving cars. However, BofA draws a sharp distinction. While transitioning to autonomous vehicles will require trillions of dollars in infrastructure and take many years, deploying large language model chatbots is cheap, easy, and happening right now. As an example, the report points to Munich Re’s Next Insurance, which already offers an AI chatbot on its site where customers can purchase and bind commercial policies directly without a human agent.
The record-setting raise should translate into a never-before-witnessed take for Wall Street. In the IPO world, those dollars come in two forms. The first: the underwriting fees—or what’s known as the “gross spread”—that the banks receive for pre-selling shares to institutional investors before they start trading, and hence offered to the general public. Jay Ritter of the University of Florida, the leading academic expert on IPOs, reckons that on a deal this immense, the charge would be around 2%. At 2%, the fees for placing the newly-issued $50 billion in stock comes to $1 billion.。WPS下载最新地址对此有专业解读
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Officials continue to investigate Sunday shooting in Texas amid fears of further attacks following US airstrikes on Iran
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