Unity Software unveils AI marketplace
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 28 June 2023
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Wednesday, June 28th, and I'm your host Julie Morgan. |
| 0:12.0 | Unity software surges on its new AI marketplace. |
| 0:16.0 | The Chips War is heating up between the US and China, |
| 0:19.0 | and Google says that's not true after a report says it's violating its video ad promises. |
| 0:27.0 | Here's what's making headlines today. |
| 0:29.0 | Unity software closed Tuesday up more than 15%. This happened as |
| 0:34.4 | Wells Fargo started coverage on the video game software company with an |
| 0:38.4 | outperform rating. The company also unveiled an AI marketplace. |
| 0:43.4 | Analysts Brian Fitzgerald also put a per share price target of $48 on Unity software. |
| 0:50.2 | Earlier this month, Apple unveiled the Vision Pro with Unity apps running on the device during the presentation. |
| 0:57.0 | Separately on Tuesday, Unity unveiled a dedicated place in the Unity Asset Store for AI-driven game development. |
| 1:05.0 | Invidia and advanced micro devices are down about 4% pre-market, |
| 1:11.0 | following a report that the U.S. is considering new restrictions on exports to China of |
| 1:16.4 | chips used for training artificial intelligence models. The report is from the Wall Street Journal |
| 1:22.4 | citing people with knowledge of the matter. |
| 1:25.0 | Invidia and AMD are the market leaders for chips important for developing generative |
| 1:30.4 | AI models such as ChatGPTPT which is developed by Microsoft backed open AI. |
| 1:36.6 | According to the report the US Department of Commerce could stop shipments of certain chips made by |
| 1:42.4 | NVIDIA and other chip companies to customers in China as early as July. |
| 1:49.2 | According to new research, Google is violating its own standards when it comes to placing video ads on other |
| 1:56.1 | websites. The research firm Adlytics told the Wall Street Journal that they studied campaigns |
... |
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