April 18, 2026 – SACRAMENTO, CA – Joseph Allen Davis, 20, of Sacramento, was sentenced on Friday by U.S. District Judge Troy L. Nunley to 30 months in prison for being a felon in possession of a ...
High valuations of AI-related firms are usually read in binary terms: either they reflect fundamentals or they are a bubble. This paper develops a third possibility: an optimistic valuation can have a ...