Anthropic

Artificial Intelligence

Moonshot, Alibaba Train Spotlight on AI’s Affordability

Photo via LONG WEI/FEATURECHINA/Newscom

Both Chinese models were trained without the most expensive chips and are expected to be cheaper and more efficient to operate.

2 min read

Photo via Jens Schicke/picture alliance / SZ Photo/Newscom

Artificial Intelligence

Will Apple’s Lawsuit Crush OpenAI’s Smartphone Dreams?

Apple is accusing the ChatGPT developer of stealing trade secrets and hardware designs to bolster its development of an AI-fueled smartphone.

2 min read
Photo via Florian Gaertner/IMAGO/BMF/Newscom

Artificial Intelligence

OpenAI, Anthropic Speed Toward IPOs Amid Growing Scrutiny of Token Payments

Enterprise customers have begun to doubt the burdensome cost of pay-per-use token consumption and are looking to cheaper models.

2 min read
Photo via Christoph Schmidt/dpa/picture-alliance/Newscom

Big Tech

With Cheaper Smart Glasses, Meta’s Playing to Win in Wearable AI

Users can ask the glasses to live-translate more than 20 languages, provide turn-by-turn walking directions, take calls, play music and more.

2 min read

Big Tech

Google Gains Spot on Dow Jones While Losing Street Cred in AI

Photo via Kyodo/Newscom

Google shares have been hammered recently as two top artificial intelligence researchers spurned the company to join OpenAI and Anthropic.

2 min read

Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Photo via Charles Briggs/ZUMAPRESS/Newscom

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read

Artificial Intelligence

As Anthropic Files for IPO, AI Savings Disappoint America’s C-Suites

Photo via Ibanez-Picciarella/ZUMAPRESS/Newscom

40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less.

2 min read

Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Artificial Intelligence

Grads Get Rude Welcome from Job Market Battered by AI-Fueled Tech Layoffs

Meta, Oracle, Amazon, and Coinbase have all made major layoffs as tech-sector job cuts surge past 111,000 for the year, per Layoffs.fyi.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Hapabapa via iStock and Vincent Isore, Florian Gaertner, imageBROKER/Mojahid Mottakin, Andrej Sokolow, Wladimir Bulgar/Science Photo Library, and Kyodo via Newscom

Artificial Intelligence

In AI Chip Race, Nvidia’s Biggest Customers Become Competitors

The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.

4 min read
Photo via Vincent Isore/ZUMAPRESS/Newscom

Advisor Upside

Inside the Anthropic, OpenAI Deals That Are Reshaping Wall Street

The makers of Claude and ChatGPT announced deals with Goldman Sachs, Brookfield Asset Management and others this week.

2 min read

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