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Everyone hates frontier AI labs, says Palantir boss
Palantir CEO Alex Karp doesn’t think frontier AI labs prepping for IPOs really understand what their customers need, and that ignorance is making Palantir a success. Karp had a wide-ranging, often rambling and self-interrupting sit-down (coherent compared to some of his other interviews, to be fair) with CNBC’s Sara Eisen on Wednesday in which he said that every single enterprise customer Palantir has is unhappy with frontier AI labs like Anthropic and OpenAI. Those companies, says Karp, are...
xAI is looking more like a datacentre REIT than a frontier lab
xAI is looking more like a datacentre REIT than a frontier lab An unexpected development over the past few weeks is xAI's new partnerships with Anthropic and Google, providing them with a huge amount of capacity. It's worth remembering that xAI is now part of SpaceX, after the two merged back in February - so the revenue from these deals flows straight into the entity about to go public. While much has been made of the potential financial engineering given SpaceX's upcoming IPO, I think...
Palantir's Karp says businesses are 'unhappy' with the frontier AI labs
Palantir CEO Alex Karp said the artificial intelligence software company's enterprise customers are "unhappy" with how the frontier labs are operating. "It's not just the man and woman on the street that is unhappy with the frontier labs, it's in private every single enterprise we deal with," he told CNBC's Sara Eisen on Wednesday. Many customers, he said, believe these companies don't understand their businesses and only care about tokenmaxxing, or burning through AI tokens to signal...
MBABench: Evaluating LLM Agents on End-to-End Spreadsheet Tasks in Finance
arXiv:2605.22664v2 Announce Type: replace Abstract: LLM agents are increasingly expected to carry out end-to-end workflows, producing complete artifacts from high-level user instructions. To meet enterprise needs, frontier AI labs have developed agents that can construct entire spreadsheets from scratch. This is especially relevant in finance, where core workflows such as financial modeling, forecasting, and scenario analysis are commonly conducted through spreadsheets.
Does JD Vance have to choose between Pope Leo and Peter Thiel?
Pope Leo XIV has chosen a side in the AI battle gripping Washington: He’s Team Anthropic. No, Leo isn’t weighing in on the Trump administration’s ongoing battle with the frontier AI lab and no, he isn’t donating to its super PAC of choice. But on Monday when he unveiled Magnifica Humanitas, his first encyclical letter, on “safeguarding the human person in the time of artificial intelligence,” it was hard to miss that Anthropic co-founder Christopher Olah was there at the...
Model routing is a fix for AI overspending. That's a problem for OpenAI and Anthropic
A new spending discipline is taking hold inside corporate America, as chief financial officers and boards start cracking down on inefficient artificial intelligence spending. The change has the potential to reshape the AI trade. For the past two years, the playbook has been to default to the most powerful AI model and direct all queries through it, regardless of complexity.
Trump signs executive order establishing oversight of AI models
Trump signs executive order establishing oversight of AI models The order establishes a framework to vet advanced AI's national security risks up to a month before public release - Bookmark President Donald Trump signed an executive order on oversight of AI on Tuesday, less than two weeks after postponing a White House ceremony, fearing a similar policy might dull America’s tech edge. It establishes a framework to vet advanced AI's national security risks up to a month before public release....
We're upping our Palo Alto price target after strong earnings vanquish AI disruption fears
Palo Alto Networks reported a strong beat-and-raise quarter Tuesday night, putting to rest any lingering doubt that it will be disrupted by artificial intelligence. The stock was volatile in after-hours trading, but considering its blistering rally into earnings, it's not surprising to see this kind of reaction. Revenue for the company's fiscal 2026 third quarter increased 31% year over year to $3 billion, exceeding the Wall Street consensus estimate of $2.94 billion, according to LSEG.
R-AI-ging Bull: Backlash against Martin Scorsese after director endorses 'creatively freeing' AI
Martin Scorsese is at the heart of the ever-growing debate regarding the rise of AI in Hollywood. The director of 'Taxi Driver' and 'Wolf of Wall Street' has endorsed an AI tool which he has described as "creatively freeing" in the pre-production process. How can you be mad at Martin Scorsese?