Investors Pour 271 Billion into Ai Startups Defying A Downturn
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VentureBeat - Tech
Meet the startup using AI to slash healthcare’s trillion-dollar administrative burden
Anterior raises $20M to transform healthcare administration with AI, promising to slash costs and streamline prior authorizations for health insurers. -
Inc. - Business
As AI Rises, Startup Anthropic Wants Others to Invent Tools to Measure Whether It’s Safe or Threatening
To keep AIs safe, Anthropic is offering grants to third parties to develop benchmarks that will assess the effectiveness and potential threats from new AI models. -
Wired - Tech
Inside a16z’s Boot Camp for Crypto Startups
Andreessen Horowitz is betting the house on crypto. (Yes, really.) This spring, the VC firm schooled a new batch of founders that it hopes can prove the technology is good for more than scams and speculation.Crypto -
ABC News - World
NATO leaders will vow to pour weapons into Ukraine for another year
NATO leaders plan to pledge to keep pouring arms and ammunition into Ukraine at current levels for at least another yearUkraine -
Wired - Tech
A Chinese Space Startup Launched Its New Rocket by Accident
Space Pioneer blamed a “structural failure” for the unintended blastoff. -
The Guardian - World
England target breakdown as route to poll-defying win over All Blacks
Sir Keir Starmer’s elevation may be an omen for Borthwick’s squad who are finally in good shape to face New Zealand. The pre-game polls on big match days in New Zealand seldom fluctuate too wildly. Traditionally the public are given just one ... -
Financial Times - World
Biden rejects calls to quit presidential race as clamour grows for his exit
The president’s public appearances have failed to quell critics’ concerns about his fitnessJoe Biden -
The Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
The Wall Street Journal - World
Investor Group Raises Macy's Buyout Offer, Again
Arkhouse Management and Brigade Capital Management want to acquire Macy’s shares they don’t already own for $24.80 each, or roughly $6.9 billion. -
Financial Times - Business
Activist investor Cevian takes stake in Smith & Nephew
Shares in London-listed maker of medical devices jump as holdings disclosed -
Inc. - Business
Why Investors Keep Betting Big on the U.S. Economy
Political uncertainty and a mountain of debt don't change that the American economy and markets are the best-performing in the world. -
Financial Times - World
What Starmer’s clean energy strategy means for investors
Incoming UK government has made low-carbon growth an organising principle -
Financial Times - World
Smaller US companies are starved of investor attention
The Russell 2000 index struggles as megacaps dominate -
The Guardian - World
Stubborn, brave, brilliant: Cavendish defies age again to rewrite history | William Fotheringham
To win a Tour stage at 39 is a stunning feat of endurance in a sport where many careers last less than two years. In 2007, when Mark Cavendish made his Tour de France debut, there was plenty of expectation that the youth from the Isle of Man would ... -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
MarketWatch - Business
What Meta and Jackson Pollock have in common — and why that matters to investors
Meta’s big-spending ways may seem “akin to throwing a bunch of paint at a canvas,” but a Bernstein analyst sees a more positive perspective as well. -
MarketWatch - Business
4 things crypto investors should be watching the rest of this year
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets. -
Financial Times - World
Frontier emerging markets stocks soar as investors cheer reforms
Argentina’s Merval leads Latin America as heavily indebted nations chart path to growth -
The New York Times - Business
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year. -
MarketWatch - Business
What Nvidia investors can learn from the roaring 1920s and the radio bubble
Nvidia’s rise in the past two years shares some similarities with RCA’s in the bull run of late 1920s, representing an emerging hot technology, but one that also faced many questions. -
Financial Times - World
UK stands out for its stability after election landslide, say investors
Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in EuropeUnited Kingdom -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
Financial Times - Business
Investors welcome more ‘boring’ UK after landslide win
Market insouciance to electoral result is the greatest form of flattery for StarmerUnited Kingdom -
CNBC - Business
Young, wealthy investors turn to alternatives instead of traditional stock and bond investments
If you're a young, wealthy investor, traditional stocks and bonds are probably not at the top of your investment wish list, research finds. -
Financial Times - World
How investors should play the UK, French and US elections
Worry not if policies are discounted, they are sideshows versus fundamentalsFrance -
Wired - Tech
AI Is Rewriting Meme History
TikTok’s latest trend involves videos of people traveling back in time to interrupt the viral memes of yore. The results are uncanny.Artificial Intelligence -
VentureBeat - Tech
AI is upending search as we know it
Generative AI is changing how people search, and enterprises are taking notice of the newest way to bring information to people: RAG.Artificial Intelligence -
The Wall Street Journal - World
AI Drones Threaten U.S. Forces
Swarms of cheap versions of a technology we invented could overrun the American military.Artificial Intelligence -
The Wall Street Journal - Tech
For AI Giants, Smaller Is Sometimes Better
Tech companies and startups are slimming down AI software to make it cheaper, faster and more specialized. -
Yahoo News - World
Ukraine receives €2-billion boost in government funding from IMF
Ukraine -
CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
Yahoo News - World
Report: India Supports $33 Billion Investment in New Coal-Fired Generation
India -
The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
MarketWatch - Business
Retail investors have reached peak bullishness for Nvidia, these analyst say. Here’s where they may go next.
While Nvidia remains a top investment for many who believe the artificial intelligence story is here to stay, retail investors have likely hit “peak” bullishness. -
Inc. - Business
Google Searches Prefer AI Spam to Real Content
Search engine optimization is theholy grailboost trafficto websites--but in the AI era, even Google's much-scrutinized search algorithm shows a preference for ripped-off, AI-generatedmaterial over original content.Google -
MarketWatch - Business
Buy this retailer’s stock as an AI play, analyst says
D.A. Davidson’s Michael Baker points to one retailer that stands to get a big AI boost in the coming months. -
VentureBeat - Tech
How AI Agents are changing software development
From writing code snippets to designing full software, here is how large language models (LLMs) are changing software development.