Ai Upstart Uipath S Stock Is Down on Soft Revenue Guidance
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Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Cohere releases toolkit to accelerate generative AI app development in the enterprise
Cohere's new developer toolkit is an open-source repository to build retrieval-augmented generation AI apps, reducing time to market to days.VentureBeat - Tech -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
Ford keeps EV losses in check, stock rises 3%
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
BHP proposes takeover of Anglo-American in mining mega-deal
Combination would bring together two of the leading players in the industryFinancial Times - Business -
Cisco Systems joins Microsoft, IBM in Vatican pledge to ensure ethical use and development of AI
Tech giant Cisco Systems has joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethicallyABC News - World -
Amplifier emerges from stealth to orchestrate AI-driven ‘self-healing’ security for enterprises
Amplifier's approach can easily enable companies to maximize the value of their existing security stack and amplify their security posture and culture to levels not achievable in the past.VentureBeat - Tech -
Tupac’s estate threatens to sue Drake over dis track using what appears to be late rapper’s AI-generated voice
Tupac Shakur’s estate is threatening to sue Drake over his recent Kendrick Lamar dis track, calling what appears to be the use of an artificial intelligence-generated version of the late rapper’s voice a “blatant abuse” of his legacy.NBC News - Top stories -
Snorkel Flow update makes it easier to use enterprise data with Llama 3, Gemini AI
Snorkel Flow now supports on-premise and air-gapped access to foundation models, allowing for greater compliance and data security.VentureBeat - Tech -
Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit
The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.CNBC - Business -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business