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Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob

"Meme stocks, it is a charming name, but I think at the end of the day, momentum investing is nothing new," Reddit co-founder Alexis Ohanian told CNBC.Ohanian said technology will remain a force for retail investors whether it continues on the platform he helped create or another.Reddit co-founderAlexis Ohaniantold CNBC on Thursday that the meme stock frenzy — which traces its roots to the online forum website he helped create — is what happens when momentum investing is amplified by technology.

Google said in a paper in the journal Nature on Wednesday that a chip that would take humans months to design can be dreamed up by its new AI in less than six hours.The AI has already been used to develop the latest iteration of Google’s tensor processing unit chips.The tech giant’s engineers noted in the paper that the breakthrough could have “major implications” for the semiconductor sector.Googleclaims that it has developed artificial intelligence software that can design computer chips faste