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How much money can AI save a business? That’s a hugely important question for businesses nowadays—uncertainty about the answer is holding up wider adoption of various new AI products, as we described on several fronts this week. (See this piece on Salesforce’s struggles in selling its new AI agent tool, and these other two stories on the same theme). And on this point, a securities filing by the installment lender Klarna today for its planned initial public offering doesn’t exactly make the best case for AI
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"I feel betrayed. This is not what I wanted, to let everybody lose their job," said a two-time Trump voter who works for Veterans Affairs. Read more ›
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Mitchell Feldman bought his Tesla in 2022 and loved the car's safety features and high tech system. He didn't realize it would come with scrutiny. Read more ›
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Hundreds of older Americans told BI that ageism, tech changes, and economic shifts have affected their retirement plans. Read more ›
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The move is seen as connected to the launch of its generative AI-powered Alexa Plus, which is slated to be released later this month Read more ›
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Farah Sharghi is a former technical recruiter who is now a job search coach. She told BI many of her clients make the same mistake on their résumés. Read more ›
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I attended HumanX this week. Here are my top takeaways from the conference. Read more ›
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Donald Trump has issued three orders revoking the security clearance of employees in Big Law firms — each tied to his political opponents. Read more ›
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Delaware's reputation as a business-friendly state has taken a hit. Musk and other corporate leaders have left Delaware for other states. Read more ›
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About 1,300 journalists at Voice of America, a government-funded broadcaster, were put on leave following Trump's executive order, its director said. Read more ›
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Alien: Earth is arriving in mid-2025. Here's everything we know so far about the sci-fi franchise's first foray onto the small screen. Read more ›
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I've been to Disney World 20 times, and the last time we took our grandson with us. I discovered new rides and details seeing the park through his eyes. Read more ›
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Portugal said it was reconsidering purchasing the Lockheed Martin-made F-35 jet in the wake of Trump's recent policy shifts. Read more ›
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Sonos chief innovation officer Nick Millington says in an update published yesterday that he and his team are “100% focused” on understanding and addressing issues with the Sonos app. It’s the latest in a series of Millington’s posts sharing his team’s progress as it tries to restore features that were left out of the app’s […] Read more ›
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The application for student aid could be reassigned to another federal agency, experts say. What to do if you need help paying for college. Read more ›
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Court documents filed Friday in an ongoing lawsuit against the US Treasury Department reveal that a 25-year-old staffer for the Department of Government Efficiency (DOGE) violated Treasury policy by sending a spreadsheet that had personal information to two other members of the Trump administration, reports Bloomberg. The staffer, a former employee at Elon Musk’s X […] Read more ›
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The delayed mission has reached the space station, and soon, the two astronauts who've been "stuck" in space can return home. Read more ›
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This week, the Nothing Phone (3a) launches as a number of older and not-so-old devices see steep price drops. The Nothing Phone (3a) is a mid-ranger and is available in two configurations, both under €400. Nothing doesn’t do small phones, so this one is equipped with a 6.77” 1080p+ display (120Hz, 10-bit, HDR10+, 3,000 nits). Instead of a Dimensity chip, the company picked a Snapdragon 7s Gen 3 this time... Read more ›
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DeepSeek’s sudden rise to global stardom has earned the startup a status akin to national treasure in China. One result is restrictions on how the company operates. In recent weeks, company executives have forbidden some of DeepSeek’s employees involved in the research and development of artificial intelligence models from traveling abroad freely, according to three people familiar with the company. Meanwhile, the government of eastern China’s Zhejiang Province, where DeepSeek’s... Read more ›
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In early 2023, Nvidia was seeing near-endless demand for its artificial intelligence chips. Cloud computing giants such as Amazon Web Services, Microsoft Azure and Google Cloud were increasing their orders, sending Nvidia’s revenue to new heights. Developers were scrambling to access the chips, which were hard to come by. Then Nvidia made a curious move: It agreed to spend $1.3 billion over four years to rent its own chips from... Read more ›
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How much money can AI save a business? That’s a hugely important question for businesses nowadays—uncertainty about the answer is holding up wider adoption of various new AI products, as we described on several fronts this week. (See this piece on Salesforce’s struggles in selling its new AI agent tool, and these other two stories on the same theme). And on this point, a securities filing by the installment lender... Read more ›
16
Anthropic’s year is off to a good start. Its annualized revenue—a measure of the past month's revenue multiplied by 12—has grown from $1 billion at the end of last year to $1.4 billion as of earlier this month, according to a person who has seen the numbers. In other words, Anthropic is generating more than $115 million a month. That’s roughly the same revenue pace its rival OpenAI reached in... Read more ›
14
ServiceNow is buying AI startup Moveworks for $2.85 billion, the enterprise software firm announced first thing this morning, an effort by ServiceNow to get a jump on agent-powered services. We included Moveworks in our Generative AI Takeover List, which you can see here. And now on to the rest of the column…We’ve written a lot about how investors have warmed to AI applications businesses, in part because of how much... Read more ›
9
Uber and Lyft dominate ride-hailing in North America, a position that has helped them turn cash-burning operations into moneymakers. Now Bolt, an Uber rival in Europe and Africa, is trying to undercut the two ride-hailing companies in their home markets. Earlier this year, Bolt started offering ride-hailing services in Toronto and scooter rentals in Washington through the Hopp app. Bolt is using the same playbook that it uses for its... Read more ›
7
Manus, a new artificial intelligence agent that has gone viral on social media, announced that it is teaming up with Alibaba Group to offer its service to users in China. Manus, launched last week on an invitation-only basis, has attracted a lot of attention based on a demo video that impressed ... Read more ›
4
In this week’s episode: Waymo, Larry Page, TikTok and our first $1 million More or Less bet. YouTube Spotify Apple Podcasts Read more ›
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BNY, the nation’s oldest bank, is expanding the services it handles for stablecoin giant Circle, the latest sign that U.S. banking access for the crypto industry is easing under a friendlier regulatory environment. The bank will allow some clients to send money to and from Circle through BNY for purchase or sale of Circle’s stablecoins, people with knowledge of the development said. Previously, Circle’s clients had to use smaller banks... Read more ›
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Intel named former Cadence Design Systems chief Lip-Bu Tan as its new CEO, sending its stock up 12%. The appointment follows the departure of Pat Gelsinger as CEO in December as it struggled to compete in the market for artificial intelligence chips and its stock price tanked. Tan had stepped ... Read more ›
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16.03.2025 07:12
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