Artificial intelligence

Artificial Intelligence

Anthropic’s $6 Billion Deal Talks With Decart Show Focus on Cost Efficiency

Photo via Vincent Isore/ZUMAPRESS/Newscom

Anthropic is in talks to acquire startup Decart, which makes software that helps reduce the cost of training and running AI.

2 min read

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Artificial Intelligence

Nvidia Underscores Support for Open-Source AI, a Boon for Hardware Spending

Back in March, CEO Jensen Huang spent Nvidia’s developers conference saying its chips are the perfect infrastructure for open source tools.

2 min read
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Industrials

Can a Manufacturing Rebound Turn Fluor’s Fortunes Around?

2 min read
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Industrials

Caterpillar’s Surging Growth, Fueled by AI, Faces Risks From Data-Center Pushback

Despite Caterpillar’s latest earnings beat, some analysts say the equipment giant faces mounting risks from data-center opposition.

2 min read

Markets

S&P Hits Record High as 86% of Members Blow Past Wall Street Forecasts

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About 86% of reporting S&P 500 companies exceeded consensus earnings-per-share estimates in Q2, but plenty of pitfalls may stymie performance.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Roberto Bucci via iStock

Artificial Intelligence

From iPads to XBoxes, Device Prices Soar as AI Hoards Memory Chips

A shortage of memory chips is one of the biggest challenges facing the AI buildout, fueling both selloffs and rallies in the past week alone.

6 min read
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Big Tech

Booming AWS Revenue Shields Amazon From Meta-Sized Backlash

CEO Andy Jassy hiked the company’s capex guidance about 10% to $220 billion, but investors loved a booming AWS business.

2 min read
Photo by Zulfugar Karimov via Unsplash

Advisor Upside

AI May Not Replace Advisors, But It Is Raising Expectations

Clients are having more complex conversations with advisors after doing independent research, according to a study from Edward Jones.

2 min read

Artificial Intelligence

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

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

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

Advisor Upside

Robinhood’s New AI Trader Is Raising Red Flags for Advisors

Photo via Richard B. Levine/Newscom

2 min read

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