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Recent News

Artificial Intelligence

Oracle’s AI-Powered Sales Growth Threatens Elon Musk’s Reign as World’s Richest Man

Photo via Jay Hirano / SOPA Images/Sipa USA/Newscom

Oracle said its remaining performance obligations is now sitting at $455 billion. That’s up 359% from where it stood just a year ago.

2 min read

Photo via U.S. Patent and Trademark Office

Cloud Computing

IBM Patent Could Rein In Power-Hungry Data Centers

As AI development eats up a whole lot of power, tech firms could be looking for solutions.

1 min read
Photo via Mu Yu / Xinhua News Agency/Newscom

Healthcare

China’s Multibillion-Dollar US Pharma Pipeline Draws Scrutiny in Washington

China’s pharmaceutical sector, a minor player just years ago, has revved up into a global juggernaut faster than a Fuxing high speed train.

2 min read
Photo by Getty Images via Unsplash

Advisor Upside

Global Family Offices Unfettered by Military Conflicts, Recession Fears

Allocations today have a striking resemblance to where they stood in 2023, according to new Goldman Sachs data.

2 min read
Photo via Cfoto/ZUMAPRESS/Newscom

Artificial Intelligence

The Dutch Connection: French AI Leader Gets Backing from European Tech Giant ASML

Mistral has been hailed by policymakers as key to Europe’s ambitions to compete with dominant US and Asian rivals.

2 min read
Photo by Jornada Produtora via Unsplash

Advisor Upside

How Advisors Cope When Clients’ Heirs Head for the Exit

Some look at it as a teachable moment, while others choose not to sweat it.

1 min read
Photo by Michael Förtsch via Unsplash

Electric Vehicles

A Culling Looms for China’s Crowded EV Industry

In an interview with the Financial Times, BYD’s executive vice president Stella Li said just a handful of China’s 130 EV-makers will survive.

1 min read

Indicators

Dismal Jobs Numbers May Not Mean What You Think

Photo via Nicolas J Leclercq

Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.

2 min read

Patent Drop

Glimpse into the future of technology.

Photo via U.S. Patent and Trademark Office

Google Patent Highlights AI and Quantum’s Symbiotic Relationship
Photo via U.S. Patent and Trademark Office

The Time and Place for AI Code Generators
Photo via U.S. Patent and Trademark Office

Into the Future: The Patent Drop Highlight Reel
Photo via U.S. Patent and Trademark Office

Amazon Tries to Help Alexa Get Personal

Advisor Upside

How to Win the Coveted Ultra-High-Net-Worth Client

Photo by Getty Images via Unsplash

RIAs need to cultivate a higher level of trust and personalization to attract the wealthiest clients.

2 min read

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