White House Economist Rejects AI Doomsday Fears
A White House economist said a report that warned of potential risks to the economy posed by artificial intelligence (AI) “violates some of the basic accounting in economics,” Bloomberg reported ...
Why OpenAI, Anthropic Missed Their Own Gross Margin Forecasts
OpenAI has become increasingly optimistic about the revenue it expects to generate from both consumers and businesses, pushing up its projections for the next five years. Clouding those forecasts, how...
Workday’s Stock Slide Worsens as Subscription Revenue Growth Slows
Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about ...
Workday’s Stock Slide Worsens as Subscription Revenue Growth Slows
Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about ...
$154B in Illicit Crypto Flows Raises Stablecoin Questions
There’s an unavoidable paradox at the heart of stablecoins’ growth story. The tokenized assets promise to modernize money by making dollars programmable, portable and instantaneous, yet their most...
OpenAI defeats xAI’s trade secrets lawsuit
OpenAI won a victory Tuesday in one of its legal battles with xAI, which involved allegations of poaching and theft of trade secrets.
The former company's motion to dismiss the lawsuit was gra...