The presidential election is continuing to sow divisions in Silicon Valley. Two giants of the tech industry are now coming out on opposite sides, after Ben Horowitz, co-founder of the VC firm Andreessen Horowitz back-pedaled on his support for Trump while Elon Musk hits the campaign trail. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 07, 2024•7 min
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Oct 04, 2024•19 min
Google recently released a new AI-generated podcast-making tool called NotebookLM – and it’s gone viral on X and in the tech world. We tested it out using CNBC and Wall Street’s favorite study tool: an analyst note. Powered by Google’s most advanced AI model, Gemini 1.5 Pro, could this be the next killer app for generative AI? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Oct 03, 2024•9 min
Nvidia and Accenture announced a partnership today, aiming to set the blueprint for how to begin integrating AI into the workplace and drive productivity gains. But it's not the first time Nvidia has signed a deal like this - and investors are still looking for those gains. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oct 02, 2024•7 min
A controversial AI safety bill died on California governor Gavin Newsom’s desk over the weekend -- a sweeping bill would have been one of the first moves toward real oversight of the nation’s dynamic new technology. But is it already too late for regulation to catch up? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sep 30, 2024•8 min
Google has filed a complaint in the EU against its rival Microsoft, accusing it of unfairly locking clients into using its cloud product. But the suit could be just the latest in recently renewed scrutiny against Microsoft after enjoying a more under-the-radar status relative to its big tech counterparts for the last two decades. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Sep 25, 2024•6 min
In a new threat to Google’s ad dominance, AI search startup Perplexity is in talks with major brands on a new advertising model for sponsored questions. We spoke with the CEO of AI search optimization startup Profound on why it represents a new pillar in marketing: AI visibility. Plus, Sam Altman could be on his way to becoming the biggest power player in Silicon Valley, with new reporting giving a glimpse into the web of tech titans he’s now tied to. Hosted by Simplecast, an AdsWizz company. Se...
Sep 23, 2024•7 min
Shares of Facebook parent company Meta are still hitting fresh all-time highs today. But one potential headwind could be a slowdown in growth at one of its biggest customers, Temu. The Chinese e-commerce app has seen new customer activations stall, according to new data, which could also put Alphabet under pressure. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Sep 20, 2024•5 min
23andMe could get delisted from the Nasdaq after all 7 members of its board resigned this week. CEO Anne Wojcicki is a big name in Silicon Valley but has struggled to find a sustainable business model and shares are 99% off its peak valuation post-SPAC merger. Wojcicki is now hoping to pivot and take the company private by buying back all outstanding shares in what could be seen as a “founders mode” leadership move. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information ab...
Sep 19, 2024•7 min
The AI boom is putting a big strain on America’s energy grid, as big tech companies scramble for more energy capacity by buying up nuclear-powered data centers or investing in renewable energy sources. White House officials convened the leaders of top AI companies to discuss how to move forward, including Nvidia’s CEO Jensen Huang who spoke exclusively to CNBC on the opportunity ahead for public and private collaboration. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informat...
Sep 12, 2024•8 min
The race to perfect the robotaxi is on. Tesla is prepping for its October 10 self-driving event as Waymo raises industry standards with a brand new safety dashboard, making the case that its vehicles are actually safety than human drivers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sep 11, 2024•7 min
Funding for AI startups is still white hot. The search startup Glean just announced a new funding round that would double its valuation in just six months, raising $260 million at a $4.6 billion valuation. Plus, shares of Oracle are hitting all-time highs today after posting an earnings beat along with a slew of data center announcements and cloud computing partnerships. Keeping the edge though, could prove difficult for its chaiman Larry Ellison. Hosted by Simplecast, an AdsWizz company. See pc...
Sep 10, 2024•7 min
Apple’s biggest competition in China, Huawei, is trying to upstage the company with a smartphone event showdown. Its triple-folding phone is unveiling tonight, just a few hours after Apple’s iPhone reveal, and has already racked up more than 3 million pre-orders. Plus, the trial for the Department of Justice’s new case against Google around its advertising technology kicked off today, with potentially big implications for how users browse the internet. Hosted by Simplecast, an AdsWizz company. S...
Sep 09, 2024•7 min
Shares of Tesla are sinking today, giving back its gains for the week but still outperforming the rest of the megacaps as investors bank on its proposition around full self-driving launches and AI. Plus, Apple is gearing up for its highly-anticipated “Glowtime” event on Monday, where it’s expected to unveil the iPhone 16 with AI features. But will it be enough to help the tech giant stake its place in the AI race? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information abou...
Sep 06, 2024•6 min
Valuations for AI startups are continuing to skyrocket. This time, OpenAI co-founder Ilya Sutskever raising a whopping $1 billion as a seed round for his AI startup Safe Superintelligence Inc, with just around 10 employees and nowhere close to having a product. It's the epitome of a growing trend of a breakneck gen AI race for top talent. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Sep 05, 2024•7 min
Antitrust pressure against Google is ramping up this week, with a joint filing today from Google and the DOJ outlining their timeline for remedies from the Search case, followed quickly by the beginning of an ad tech trial. Plus, the post Labor Day-period is typically a busy one for IPOs, but not the case this year. We discuss the outlook for IPOs, market trends, and big tech’s antitrust concerns with Notable Capital Managing Partner Jeff Richards. Hosted by Simplecast, an AdsWizz company. See p...
Sep 04, 2024•12 min
Megacaps including Microsoft, Google and Amazon have been getting creative with how they’re poaching talent from top AI startups. Google with Character.ai, Microsoft with Inflection and Amazon’s faux-acquisition of Adept. They hire away prominent founders and talent and cut a deal to license technology… without actually buying the startups. It’s a playbook that skirts the regulatory crackdown on big tech dominance, provides an exit for AI startups struggling to make money and allows megacaps to ...
Aug 30, 2024•9 min
Salesforce earnings tonight a major test of AI's impact on the software winter, especially after the CEO of Buy Now Pay Later giant Klarna said he aims to use AI to cut his workforce in half, and that he's shutting down a lot of SaaS providers, including Salesforce and Workday. Plus, Box shares are jumping after beating on the top and bottom lines and hiking their revenue outlook. We speak to CEO Aaron Levie on its partnership with Nvidia, AI strategy around utilizing data, the debate around reg...
Aug 28, 2024•14 min
Elon Musk has now come out in support of a California bill to regulate AI safety, in stark contrast to big names including Google, Meta, OpenaAI and Andreessen Horowitz, which are all opposed. It represents a larger divide within big tech, which is split on whether AI should be regulated and who should be the ones doing it. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Aug 27, 2024•6 min
Telegram CEO Arrest Sparks Free Speech Debate Description: The founder of the Dubai-based app Telegram was arrested in France this weekend as part of an investigation into criminal activity on the encrypted messaging platform. It has broader implications for U.S. social apps as they gear up for an unprecedented election, the first with easily-accessible AI-generated content, and it's sparked a debate in tech circles over free speech. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com ...
Aug 26, 2024•8 min
There were more headwinds today for China’s already-slumping consumer and e-commerce demand, after Walmart announced it was completely offloading its stake in JD.com and bargain retail giant Shein hit Temu with a lawsuit. Plus, the AI startup darling Anthropic is now facing a new class-action lawsuit, accusing it of copyright infringement and stealing the work of hundreds of thousands of books. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and...
Aug 21, 2024•7 min
Some of the world’s biggest banks loaned Elon Musk $13 billion to secure the social platform Twitter, now X. But according to new data from Pitchbook, the Twitter takeover now represents the worst buyout for banks since the Great Financial Crisis, as the platform struggles to retain advertisers and has been marked down by more than 70% from one of the acquisition financers, Fidelity. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of per...
Aug 20, 2024•7 min
20 years ago today, Google debuted on the Nasdaq with a $23 billion market cap as a mere search engine company. Today, it’s now ballooned to a $2 trillion megcap with its hands in cloud, chips, AI and more. It also used an unconventional listing method: a Dutch auction, which let employees and retail investors participate more in the IPO. We spoke to Michael Grimes, the investment banker known as the Silicon Valley IPO whisperer and led the listing, on the anniversary. Hosted by Simplecast, an A...
Aug 19, 2024•7 min
After losing a landmark antitrust case over its dominance in the search market, Google is now facing the real threat of a court-mandated breakup of the search giant. But on the heels of a flashy ‘Made by Google’ event showcasing new phones and AI features, Google is now more deeply integrated than ever – an ecosystem within search, cloud, streaming, hardware… and generative artificial intelligence is the thread tying it tightly together. It all means a potential breakup would be nearly impossibl...
Aug 16, 2024•7 min
Waymo’s self-driving cars are all over San Francisco roads. But at night, they park themselves and recently have been honking and keeping one neighborhood’s residents up at night. Waymo tells us they’ve fixed the issue through a software update, but the rollout over the last few years has been bumpy, with safety concerns and backlash. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising....
Aug 15, 2024•7 min
Google’s hardware event, Made by Google, kicked off today where the megacap unveiled new AI-focused features including Gemini Live, a conversational voice chatbot that will be integrated into all its devices. As investors try to balance the growing concern of surging AI spending and little actual revenue and profits, the event is a key moment for Google to try to justify its AI investments. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use...
Aug 13, 2024•7 min
As election campaigning heats up, tech has been playing an outsized role in the elections. For Vice President Harris, who has deep roots to San Francisco, tech donors are front and center, especially after she made a campaign stop in the Bay Area this weekend and raised more than $12 million. Meanwhile, the Trump campaign is dealing with a different sort of tech issue – disclosing that it was the victim of an email cyberattack by an Iranian group. Hosted by Simplecast, an AdsWizz company. See pc...
Aug 12, 2024•7 min
GenAI startup darlings are dropping like flies. Some of the most promising are increasingly being swallowed up by megacaps as they struggle to find viable business models and big tech firms look to skirt the regulatory scrutiny of outright acquisitions. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Aug 07, 2024•6 min
The extent of the tech sell-off today has been staggering, with billions of dollars wiped out from the Magnificent 7 alone in just the first two hours of trading, and trillions over the last week. Part of the reason is a fundamental story investors have been worried about – just when will the high costs of AI begin to pay off? Valuations have also re-rated since the Nasdaq hit all-time highs just a few weeks ago. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about...
Aug 05, 2024•6 min
Shares of Intel are on pace for their worst day in 50 years after a tough second-quarter result. The chipmaker also announced a massive, $10 billion cost-savings program that will include thousands of layoffs and a half on dividend payments. CNBC’s Jon Fortt spoke to Intel CEO Pat Gelsinger on the turnaround plan, modest CPU demand and areas to be impacted by the layoffs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data f...
Aug 02, 2024•11 min
