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News
Obama voices caution on AI, urges Democrats to tackle it, NYT says
1+ hour, 49+ min ago (284+ words) Former U.S. President Barack Obama has warned that artificial intelligence could be “dangerous” if not properly managed, and urged Democrats to frame policy and governance agendas to tackle the issue, the New York Times said on Sunday. The remarks at a…...
Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
15+ hour, 36+ min ago (170+ words) Larry Ellison has canceled his plan to sell up to 50 million of his shares in Oracle, or $7.5 billion worth of stock at the current price. The reversal came just a day after a regulatory filing disclosed the Oracle founder's trading…...
Anthropic's Amodei proposes plan to 'slow the pace' of advancing AI capabilities
16+ hour, 25+ min ago (267+ words) Anthropic CEO Dario Amodei published an essay on Saturday urging artificial intelligence companies to pace how quickly they improve model capabilities, a move that comes as a growing chorus of researchers have called for a coordinated slowdown. Amodei proposed a…...
Why data centers could be the next big market for catastrophe bonds
1+ day, 3+ hour ago (775+ words) The rapid buildout of hyperscale data centers is creating tens of billions of dollars of concentrated physical assets — and an insurance challenge that traditional markets may struggle to handle on their own. The soaring value of data center assets, which…...
Oracle's Larry Ellison adopts trading plan to sell up to $7.5 billion worth of stock
1+ day, 7+ hour ago (214+ words) Oracle founder Larry Ellison has entered into a trading plan that would allow him to sell up to 50 million of his shares in the software company, or $7.5 billion worth of stock at the current price. It's an unusual move for…...
4 best crowdfunding platforms for small businesses
1+ day, 18+ hour ago (558+ words) If you need cash to get your business off the ground or to keep operations running, a loan or business credit card can be a solid way to get money but they aren't the only options out there. Crowdfunding platforms…...
Energy reliability is crucial for hyperscalers, says Barclay's Dave Anderson
1+ day, 11+ hour ago (37+ words) Dave Anderson, Barclay’s U.S. energy services & technology analyst, joins 'Closing Bell Overtime' to talk the state of energy, the impact of energy demand from the AI buildout,... Energy reliability is crucial for hyperscalers, says Barclay's Dave Anderson...
AI fears have hit this data stock. Investor Sarat Sethi sees a buying opportunity
1+ day, 16+ hour ago (28+ words) Verisk Analytics is a leading data and software provider to the insurance industry, with hard-to-replicate data and a recurring revenue model that make its business difficult to disrupt....
Meta has proven it can be competitive in the AI model space, says Intelligent Alpha's Doug Clinton
1+ day, 13+ hour ago (42+ words) Doug Clinton, Intelligent Alpha founder and CEO, joins 'Closing Bell' to discuss the latest action in tech stocks, Apple's latest product launch and much more. Meta has proven it can be competitive in the AI model space, says Intelligent Alpha's…...
Surging cloud revenue boosted Oracle’s quarterly results. Here’s what analysts are saying
1+ day, 16+ hour ago (21+ words) The software giant reported a surge in cloud infrastructure revenue during its latest quarter. Here's what Wall Street analysts are saying....