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Alex Karp’s recent AI critique landed because the concern is real — especially at banks. Processing Content When the Palantir CEO appeared on CNBC’s Squawk Box on July 1, his central argument was not simply that OpenAI and Anthropic charge too much. It was that enterprises are paying a “wealth tax” by giving their proprietary data,…
Falling energy prices drove down inflation in June, offering Federal Reserve’s policymakers and would-be homebuyers a welcome reprieve after May’s dramatic surge. Beating economists’ expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month’s three-year-high of 4.2%, according to the U.S. Labor Department’s Consumer Price Index (CPI) data released Tuesday. Total…
Commercial real estate’s booming data center industry is suddenly not in an Empire State of mind. New York Gov. Kathy Hochul is slated to sign an executive order Tuesday morning enacting the nation’s first statewide moratorium on construction of the large-scale data center facilities that have been powering the country’s increased usage of AI. The…
Daniel MorrisHead of Investor Relations Hello, everyone, and welcome to the presentation of Ericsson’s Second Quarter 2026 Results. Joining us today, we have Börje Ekholm, our President and CEO; and Per Narvinger, Head of Networks, who will be assuming the CEO role in October. And a little later, Lars Sandstrom, our Chief Financial Officer, will…
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The specialist lender has launched a lower-rate proposition for buy-to-let (BTL) landlords seeking more than £1m of finance as landlords increasingly seek portfolio-level solutions. The proposition is available to portfolio landlords with two or more properties and offers rates lower than its standard BTL range. Together said landlords had faced rising rates, higher tax…
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If you’re an employer trying to reduce healthcare costs, Mark Cuban says your first port of call should be an AI chatbot. The billionaire entrepreneur says large language models like ChatGPT, Claude, and Gemini can analyze lengthy healthcare contracts and identify where companies are overpaying or being taken advantage of. “Run them all. Every healthcare…
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Skip to content Share this story, choose your platform! Guild Mortgage Co. is a nationally recognized retail mortgage lender with branches across 49 states and the District of Columbia. Since 1960, Guild has delivered the promise of home to neighborhoods nationwide through a team of local loan officers with expertise in Conventional and…