OpenAI

Artificial Intelligence

AI Drug Designer Isomorphic Details Lofty Plans for $2.1B in New Funding

Photo via Stephane Lemouton/SIPA/Newscom

Isomorphic previously raised $600 million in external funding last year, which was also led by NYC’s Thrive Capital.

1 min read

Photo via WLADIMIR BULGAR/SCIENCE PHOTO LIBRARY/Newscom

Semiconductors

Cerebras Challenges Nvidia’s Chip Dominance with Highly Hyped IPO

Cerebras says its chips can perform inference work faster than Nvidia’s GPUs, which are less specialized for inference work.

2 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
Photo via Joe Burbank/TNS/Newscom

Media & Entertainment

Wall Street Fetes D’Amaro Like a Disney Prince as Earnings Beat Buoys Stock Price

Revenue in the Entertainment division climbed 10% to $11.7 billion, with its streaming unit reporting an 88% leap in operating income.This was Josh D’Amaro’s first earnings report as CEO, and the market treated it as a coronation.Disney shares…

1 min read

Artificial Intelligence

Anthropic, OpenAI Team with Private Equity to Rev Up AI Adoption

Photo via Vincent Isore/ZUMAPRESS/Newscom

OpenAI’s joint venture with private equity giants will turn some 2,000 portfolio companies into potential AI adopters.

2 min read

Artificial Intelligence

OpenAI Touts Early Advertising Win After Buzzkill Cutbacks

Photo via Florian Gaertner/IMAGO//Newscom

The fledgling ChatGPT advertising network reached $100 million in annualized revenue in just two months since its launch.

1 min read

Technology

Will MANGO Inherit Magnificent 7’s Market Dominance?

Photo illustration by Connor Lin / The Daily Upside

Change is the universal constant and even the Magnificent 7, being reshaped by AI upheaval, isn’t immune. Here’s what you should know.

4 min read

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