IBM shares closed down 13.15% after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization
International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …
Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …
Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.
Thinking Machines Lab co-founder Andrew Tulloch has left to join Meta; he reportedly declined Zuckerberg's offer of a $1.5B+ package in August
Andrew Tulloch is the latest big-name AI researcher to join the social-media giant — A co-founder of Mira Murati's Thinking Machines Lab …
American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M
American Exceptionalism Acquisition Corp. A 25,000,000 Class A Ordinary Shares … Steve Goldstein / MarketWatch : Chamath Palihapitiya warns ‘no crying in the casino’ as he launches...
a16z hires former Marine Daniel Penny, who in December a New York jury acquitted in a controversial subway chokehold case, to work on its American Dynamism team
“Daniel acted with courage in a tough situation,” said partner David Ulevitch in a statement explaining the hire.
Trump says David Sacks will be the “White House AI and crypto czar” to “work on a legal framework so the crypto industry has the clarity it has been asking for”
- New post will help Trump put imprint on developing industries — Venture capitalist Sacks helped Trump make inroads with tech
ASML's stock falls the most since 1998 after projecting sluggish 2025 sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall
- Magnitude of ASML's forecast cut was a surprise, Citi says — Peer Tokyo Electron among worst hit stocks in Asia, down 10%
Zoom plans to launch a feature in 2025 that lets users create an AI-animated, photorealistic avatar with a head and arms from a video they record of themselves
Skipping Boring Remote Meetings Finally A Reality? Noor Bazmi / Cryptopolitan : Zoom's upcoming feature of AI avatars to talk in meetings may also have a possibilty deep fakes Emma...
An interview with Airbnb CEO Brian Chesky on affordable prices, reliability, proper customer support, using AI for quality control, a loyalty program, and more
“We never fully built the foundation,” Brian Chesky says in a revelatory interview. “It had four pillars when we needed to have 10.”