It’s usually not by eagerly scooping up shares of a company before it has met the standards of inclusion for key indices like the S&P 500.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Anthropic is in talks to acquire startup Decart, which makes software that helps reduce the cost of training and running AI.
Portfolio managers expect both big waves and ongoing ripples as indexes, passive strategies and active investors adjust to blockbuster tech IPOs.
Back in March, CEO Jensen Huang spent Nvidia’s developers conference saying its chips are the perfect infrastructure for open source tools.
In an essay, the Meta CEO asks AI companies to open their gates so the tech’s top secrets won’t be restricted to a handful of institutions
Users who encounter an AI summary click on an actual link to a third-party site just 8% of the time, according to a recent Pew Research study.
Palantir saw its revenue jump 85% year-over-year in the first quarter to $1.6 billion. Its stock is still down 31% so far this year.
CEO Andy Jassy hiked the company’s capex guidance about 10% to $220 billion, but investors loved a booming AWS business.
Faster, cheaper models from DeepSeek, Moonshot and other Chinese firms let users prioritize AI cost-effectiveness, undercutting US giants.
In the meantime, its sales rose 24% in the second quarter as search revenue climbed 17% and its AI-boosted cloud biz jumped more than 80%.
Bloomberg reported that the mega AI startup is set to announce that its two agentic tools are now serving around 10 million users.
Both Chinese models were trained without the most expensive chips and are expected to be cheaper and more efficient to operate.
Apple is accusing the ChatGPT developer of stealing trade secrets and hardware designs to bolster its development of an AI-fueled smartphone.
Enterprise customers have begun to doubt the burdensome cost of pay-per-use token consumption and are looking to cheaper models.
Users can ask the glasses to live-translate more than 20 languages, provide turn-by-turn walking directions, take calls, play music and more.