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AI bubble fears return as Wall Street falls back from short-lived rally

The Guardian

Fears of a growing bubble around the artificial intelligence frenzy resurfaced on Thursday as leading US stock markets fell, less than 24 hours after strong results from chipmaker Nvidia sparked a rally. Wall Street initially rose after Nvidia, the world's largest public company, reassured investors of strong demand for its advanced data center chips. But the relief dissipated, and technology stocks at the heart of the AI boom came under pressure. The benchmark S&P 500 closed down 1.6%, and the Dow Jones industrial average closed down 0.8% in New York. The tech-focused Nasdaq Composite closed down 2.2%.



Manifold-tiling Localized Receptive Fields are Optimal in Similarity-preserving Neural Networks

Neural Information Processing Systems

Many neurons in the brain, such as place cells in the rodent hippocampus, have localized receptive fields, i.e., they respond to a small neighborhood of stimulus space. What is the functional significance of such representations and how can they arise?