Google DeepMind CEO and Nobel Prize-winner Demis Hassabis shortened his prediction for when the era of AGI would be upon us.
Source: Sherwood News.
Category: Business
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Meta jumps after announcing paid subscriptions for Instagram, WhatsApp, Facebook, and AI
Instagram Plus and Facebook Plus $3.99 a month.
Source: Sherwood News.
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Uber raises its stake in Delivery Hero to 37%
Earlier this week Bloomberg reported that Uber was considering a full takeover.
Source: Sherwood News.
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Anthropic’s revenue continues to surge, shooting past OpenAI
As Anthropic and OpenAI race toward their IPOs this year, the trickle of the companies’ financial data has turned into a flow.
Source: Sherwood News.
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Opendoor surges on news that it’s being re-added to Russell indexes
What a difference a year makes.
Source: Sherwood News.
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Bitcoin ETFs continue to suffer, with BlackRock’s IBIT seeing $1.29 billion exit in a dark pool transaction
This exodus comes on the heels of last week’s $1.26 billion in outflows.
Source: Sherwood News.
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Temu’s US web traffic quietly recovered from last year’s tariff blow
Temu’s parent company’s stock is still under pressure though, both this year and this morning.
Source: Sherwood News.
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Ferrari’s EV push is testing what makes a Ferrari a Ferrari
Investors and pundits are hating on the electric Luce that Ferrari just unveiled.
Source: Sherwood News.
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The US honey industry is in a bit of a sticky spot
Production is stalling as bee colony losses mount, per the USDA, but demand for honey just keeps on rising.
Source: Sherwood News.
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IREN rallies after securing GPUs to boost run-rate revenues to $4.4 billion
IREN’s making good on its deal with Nvidia.
Source: Sherwood News.
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Teens aren’t getting summer jobs like they used to — this year could be worse than ever
Teen summer hiring in the US might hit its lowest level since federal tracking began, new report finds.
Source: Sherwood News.
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US regulators reportedly appear likely to approve Paramount’s Warner Bros. acquisition
DOJ antitrust regulators appeared swayed by Paramount’s merger argument following a Tuesday meeting, according to Semafor reporting.
Source: Sherwood News.