Welcome to Eye on AI. Beatrice Nolan here, filling in for AI reporter Sharon Goldman. In today’s issue: …
For the third auction in a row, the price of keeping the lights on across a 13-state swath of the country slammed straight into the ceiling. On July 14, PJM Interconnection — the largest …
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Intuit beat expectations across nearly every major metric in its third quarter. But the company also announced it …
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In the past few years, AI tools have entered the rank-and-file mainstream—and now, being skilled with the tech …
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Business
MacKenzie Scott gave away more than $7 billion last year—but her secretive style got her snubbed from a top donors list
Thanks to multiple historic donations last year and an eye-popping volume of philanthropic gifts, MacKenzie Scott has etched …
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A case in point is the recent 600% share price surge of Allbirds, after the once-trendy sustainable footwear …
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Business
‘We do not want humans to have the same fate as dinosaurs’: SpaceX IPO reads like Hollywood fantasy version of the future
Elon Musk announced plans Wednesday for one of the biggest stock sales ever by taking public a space …
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Hot off the back of another record-breaking earnings call from Nvidia, JPMorgan Private Bank’s Kriti Gupta and Nick Roberts …
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On some level, that’s expected: Elon Musk (the world’s richest person) and his businesses have long been their …
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Business
Europe is considering price caps to control inflation. CEOs are shaking their heads in despair
When the supply of toilet paper started running out back in 2013, the Venezuelan authorities came up with a novel explanation. “95% of …
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Megan Thee Stallion is more than a rapper, Broadway star and multi-brand entrepreneur: she’s a one-woman economic prognosticator. …
