Stop me if you’ve heard this before: An AI-linked company crushed earnings forecasts, but investors weren’t impressed and the stock sank anyway. It turns out that the market was more focused on the company’s extravagant spending plans. A tough shot, right? Well, it’s been happening with some regularity, including twice this month. Taiwanese chipmaker TSMC
Global stocks fell on Friday as investors soured on technology stocks and worried about a new surge in energy prices. AI companies have reported stellar profit growth in recent days, but they have also committed to spending hundreds of billions on building AI infrastructure, leading some investors to question whether they will ever see a
Garbage removal is, at its core, a simple business model with a relatively simple startup plan. When Kirk McKinney decided to start his own junk removal business as a teenager, he already had an idea of the industry. After discovering a landfill near his home in Massachusetts, he began collecting discarded speakers, electronics, weights and
The average life expectancy of a Russian soldier going into battle in Ukraine is 20 to 30 minutes, Central Intelligence Agency Director John Ratcliffe said Wednesday. Ratcliffe spoke at the Pennsylvania Defense and Innovation Summit, where he blamed the deadly conditions on Ukraine’s combat drones equipped with artificial intelligence. “What I would say is that
The creator of Claude Code addressed one of the biggest business questions of the moment: how companies can track the returns on their AI spending. Boris Cherny, the creator of Anthropic’s largest coding tool, outlined a four-step framework for enterprise AI adoption in a series of X posts on Thursday. In the third step, Cherny
Mick Jagger says that AI is another tool for making music, as long as it is used to create something original. In an interview with Billboard on Thursday, the Rolling Stones frontman shared his thoughts on AI in music and the changing role of technology in the studio. “Obviously, you don’t want the AI to
