Apple, which has trailed tech rivals like Meta, Amazon and Alphabet in AI, is trying for a comeback with its latest product revamp.
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.
Nvidia’s performance underlines the key questions facing seemingly the entire stock market right now, both inside and outside the AI trade.
Transactions like these, where the interests of suppliers, customers and investors all seem to become one big loop, raise plenty of eyebrows.
Anthropic is insisting that its AI shouldn’t be used for surveillance or the development of automated weapons.
The delivery giant’s revenue in the winter quarter climbed 38% compared to the same time last year, for a total near $4 billion.
As the rest of Big Tech embark on one of the greatest capex ventures in human history, Apple is practically spending pennies by comparison.
Among the gainers in the software sector Wednesday was ServiceNow, whose shares rose 1.8% thanks to a vote of confidence from top insiders.
Alibaba, Baidu and Tencent are racing to win users over to their AI apps during the Lunar New Year, a time of high user acquisition in China.
Mark Zuckerberg is expected to take the stand tomorrow in a case born of concerns that social media use harms teens’ mental health.
All of the major players are vying for a major share of a ridehailing market estimated at $43 billion in the US and $150 billion worldwide.
The good times may not last as the dynamic between AI firms and utility companies draws bipartisan scrutiny.
Boosted by OpenAI returns, SoftBank swung to a $1.6 billion profit last quarter after losing $2.4 billion in the same quarter last year.