Change is the universal constant and even the Magnificent 7, being reshaped by AI upheaval, isn’t immune. Here’s what you should know.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
ChatGPT users are ghosting the OpenAI chatbot and sliding into the DM’s of Anthropic’s Claude after CEO Sam Altman’s Pentagon deal.
Backing from Nvidia and Amazon made it the latest circular deal, in which money-losing AI startups are being financed by their own customers.
Salesforce has tapped Anthropic’s Claude to boost Agentforce, its AI tool that surpassed $800 million in sales in the fourth quarter.
Transactions like these, where the interests of suppliers, customers and investors all seem to become one big loop, raise plenty of eyebrows.
A post from Citrini Research has drawn widespread attention for its imagining of a 2028 in which AI leads to unceasing white collar layoffs.
Anthropic is insisting that its AI shouldn’t be used for surveillance or the development of automated weapons.
Among the gainers in the software sector Wednesday was ServiceNow, whose shares rose 1.8% thanks to a vote of confidence from top insiders.
The bank assigned overweight ratings to Cipher Mining and TeraWulf and a more cautious underweight rating to Marathon Digital.
Shares of legal data service provider Thomson Reuters fell roughly 16% on Tuesday, while shares of LexisNexis parent company RELX fell 14%.
Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.
After launching in November 2024, the company had reached $100 million in annual recurring revenue in just eight months.
SpaceX’s potential monster IPO would come after what’s been a remarkable rebound year for public listings.
In memo this week, Altman promised the release of a new reasoning model next week that bests Google’s Gemini.