Meta, OpenAI, SpaceXAI release new cost-efficient models, Bloomberg says

Over the past week, Meta (META), SpaceXAI (SPCX), and OpenAI have released new models, all promising to be more advanced while being more cost-effective, Lorelei Smillie and Rachel Metz of Bloomberg reports. This renewed focus on cost-effectiveness coincides with more business customers scrutinizing their spending on AI, with many companies recently imposing tighter limits on their AI spending.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.

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