Stocks have soared to record highs as investors continue to shrug off risks.NYSEInvestors are so detached from reality that they're living in their own universe, Erik Gordon says.The stock market "shrugs off" war, oil shocks, and job losses, the entrepreneurship professor said.Gordon called out Allbirds' pivot from sneakers to AI infrastructure.Stock investors are living in …
Tesla CEO Elon Musk said the company's expensive AI push would pay off "in a very big way."WEFElon Musk has a warning for Tesla investors: buckle up, things are about to get expensive.Tesla is hiking capex spending to $25 billion this year as it doubles down on AI and robotics.It's an unprecedented spending spree, and …
Disney employees aren't shying away from AI under CEO Josh D'Amaro.Thibault Camus / POOL / AFP via Getty Images; Samuel Boivin/NurPhoto via Getty ImagesDisney is letting some employees see who the AI power-users are.The company has an "AI Adoption Dashboard" showing who is using the most tokens.One Claude super-fan invoked the chatbot about 460,000 times …
Michael Truell's startup, Cursor, is partnering with Elon Musk's SpaceX.Isaac Wasserman/Big Event Media/Getty ImagesSpaceX said on Tuesday that it's partnering with Cursor, an AI coding startup.The deal gives Cursor access to SpaceX's computing resources.Here's what smart people in business and tech are saying about the multibillion-dollar deal.SpaceX's multibillion-dollar deal with AI coding startup Cursor marks …
Google CEO Sundar Pichai.Bloomberg/Getty ImagesGoogle is for the first time splitting its AI chips into two lines.The AI battleground is shifting from training to inference. Google's new TPUs are a response.It could help Google chip away at Nvidia's dominance.Google on Wednesday unveiled the latest generation of its AI chip, and for the first time, it's …
Learning app Duolingo has 17 million followers on TikTok, where its owl mascot plays a starring role. Duolingo is rethinking its TikTok strategy after seeing declines in organic reach.Isa Foltin/TikTok via Getty ImagesA version of this post appears in the CMO Insider newsletter.You can sign up for Business Insider's weekly marketing newsletter here.Duolingo's "unhinged" marketing …
OpenAI CEO Sam Altman talked about the brazen attack on his home.Anna Moneymaker/Getty ImagesOpenAI CEO Sam Altman discussed the recent attack on his San Francisco home.He said AI doomerism and other discourse may be factors."I think the way Anthropic talks about OpenAI doesn't help," he said.OpenAI CEO Sam Altman's intense rivalry with Anthropic has reached …
Elon Musk's space company SpaceX is partnering with Cursor, a coding startup co-founded by Michael Truell.Fabrice COFFRINI / AFP via Getty Images and Kimberly White/Getty Images for Fortune MediaSpaceX, which also owns xAI, announced a partnership with coding startup Cursor.The partnership gives Cursor access to SpaceX's computing power.The announcement comes as SpaceX preps for a …
Tim Cook is stepping down as CEO at Apple.David Paul Morris/Bloomberg/Getty ImagesTim Cook has been Apple's CEO since 2011.Apple's stock increased by over 2,000% under Cook, making it the first trillion-dollar company.Here's what smart people are saying about Cook's legacy at Apple.As Apple prepares to lose its CEO, people in the business and tech world …
Tim CookKevin Dietsch/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.The new Apple CEO doesn't fall far from the tree.(Sorry, I had to. Low-hanging fruit and all.)Tim Cook is stepping down as Apple's CEO this September, making way for longtime executive John Ternus. Apple's …
