AppLovin gets new Street-high price target from BofA, as it’s “likely to become a required channel” for DTC e-commerce companies
After researching about 400 of its direct-to-consumer (DTC) e-commerce customers, Bank of America is convinced that is “likely to become a required channel in calendar year 2026.” Analyst Omar Dessou...
Apple reiterates plans to “partner with other generative AI chatbots” besides ChatGPT
is playing the field with AI and it wants you to know. In a filing to dismiss CEO Elon Musk’s lawsuit accusing the iPhone maker of favoring its partner OpenAI’s ChatGPT on the App Store, Apple said t...
Americans still have hang-ups about using AI as a shopping assistant
Chat, is this $30 handmade candle in the shape of a cutesy Highland cow actually worth it? Yesterday, Sam Altman’s OpenAI announced that ChatGPT Plus, Pro, and Free users can now buy Etsy products dir...
Shopify and Etsy pop as OpenAI brings instant checkout to ChatGPT
Shopping just got a little more futuristic. OpenAI said Monday that US ChatGPT Plus, Pro, and Free users can now buy directly from sellers without ever leaving the chat. OpenAI said the feature would...
Alibaba jumps as Macquarie and Jefferies up price targets on AI cloud demand
is up about 4% this morning after Macquarie analyst Ellie Jiang raised her price target on the stock to a Street high of $235.60, up from $177.90, and Jefferies analyst Thomas Chong upped his price ta...
Apple has built an app like ChatGPT to test AI Siri
Back in 2024, previewed a new AI Siri that the iPhone maker has since mostly failed to deliver, with the overhaul now slated for the spring of 2026. But Bloomberg’s Mark Gurman says Apple is making m...
Report: Meta has discussed using Google’s AI to help with ads
has a huge advertising business, and it wants it to get even bigger with the help of AI, with ambitions to create tools that will help businesses create, place, and track ads with just a quick convers...
Alibaba surges on AI spending hike, new model launch, and Nvidia partnership
jumped over 9% in early trading on Wednesday after the company announced greater investment in AI, a partnership with , and a new model. At Alibaba’s annual flagship technology conference, CEO Eddie W...
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SoundHound AI soars on deal to power Red Lobster phone orders
jumped Tuesday after announcing a partnership with Red Lobster for an AI-powered phone ordering agent for takeout that will roll out across all the seafood chain’s locations. The stock, which was a bi...
Tempus AI jumps on FDA clearance of RNA-based testing tech
Shares of , an AI-powered medical diagnostics company, jumped on news that the FDA has granted 501(k) clearance for its Tempus xR IVD device. The RNA sequencing tool allows doctors to tailor therapies...
CrowdStrike pops as Wall Street boosts price targets following analyst event to talk AI strategy, revenue outlook
Cybersecurity giant is climbing on Thursday after the company gave a beefy revenue outlook. Its shares are up more than 9% in early morning trading on Thursday. CFO Burt Podbere said the company expe...
What the heck is Palantir’s “Ontology”?
I’ll be honest. I often have no idea what CEO Alex Karp is talking about. On conference calls and elsewhere, the highly compensated, frazzle-haired executive can veer from victory laps on the company...
Amazon launches AI chatbot to help create and distribute ads and ad agency investors don’t care
has launched a “ creative partner ” AI chatbot to help small businesses create ads and distribute them. The tool, currently in beta, helps users create the ads themselves, including video, with text p...
Anthropic data: Businesses are using Claude to automate rather than collaborate
Fresh on the heels of a revealing ChatGPT usage research paper from OpenAI, rival AI startup Anthropic released its own detailed look at how consumers and businesses are using its Claude AI chatbot. W...
Here’s how people are actually using ChatGPT
OpenAI has released its largest report yet on how real people are actually using ChatGPT. The fascinating working research paper, published by the National Bureau of Economic Research, describes a wid...
Google faces its first big lawsuit for AI summaries, from one of many media companies it’s eclipsing
While Google just avoided a breakup in its federal monopoly case earlier this month, it’s not out of the woods yet. Now, the tech giant’s dominance is under scrutiny for how people are looking stuff u...
Tempus AI jumps on FDA clearance of AI-enabled tool to analyze cardiac MRIs
, a midcap medical diagnostics company that’s highlighted a push to incorporate AI technology into its products, surged on Thursday after announcing the FDA had issued a “510(k) clearance” of a new AI...
Census data shows drop in large companies using AI
Though more public companies than ever are talking about AI — a whopping 58% of the S&P 500 Index mentioned the technology in the most recent earnings season, per a report from Goldman Sachs Global In...
Report: Microsoft adds Anthropic alongside OpenAI in Office 365, citing better performance
In a move that could test its fraught $13 billion partnership, is moving away from relying solely on OpenAI to power its AI features in Office 365 and will now also include Anthropic’s Claude Sonnet ...
Apple’s latest phone is betting on looks, while Google looks inward
During iPhone 17 event September 9, the company is expected to release the first of three major hardware upgrades to its flagship device, starting with a skinny iPhone Air without many AI upgrades . ...