Top Insights
Klarna CEO and Sutter Hill take victory lap after Jony Ive’s OpenAI deal
Money Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued...
Hinge Health pops 17%, but joins growing ranks of down&round IPOs
Money Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at...
Anthropic CEO claims AI models hallucinate less than humans
Money Anthropic CEO Dario Amodei believes today’s AI models hallucinate, or make things up and present them as if they’re true, at a...
After Klarna, Zoom’s CEO also uses an AI avatar on quarterly call
LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...
The CEO of Southeast Asia’s largest bank knows even her job is at risk from AI
“If I can be replaced by AI, so can everything else!” Programmers, creatives, even management consultants are worried AI is going to put...
Silicon Valley’s elite descend on D.C. to celebrate Trump’s AI Action Plan in a surreal fusion of podcast and policy
David Sacks, Trump’s AI czar, shared the stage with his cohosts from the All-In podcast on Wednesday, walking through various elements of the...
Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings
Wall Street analysts had entered the earnings season with low expectations for Tesla. It underachieved. Tesla’s second quarter earnings signaled the company continues...
Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’
He said his ownership stake is “a major concern,” noting he hoped the Tesla board addresses the issue at its annual shareholder meeting...
Elon Musk says Tesla will start adding vehicles it doesn’t directly own into its robotaxi network next year
The Austin-based EV company is still working on taking safety drivers out of the passenger seats and expanding into new cities. Owners of...
Perplexity CEO shares the Elon Musk–inspired mantra that helped him build the $9 billion rival to OpenAI
Perplexity’s CEO, Aravind Srinivas, used the early days of Elon Musk and SpaceX—when the billionaire refused to give up even after rockets would...
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