Oracle’s AI Hype Meets Reality Check in Earnings
Oracle reports earnings Wednesday amid a massive stock sell-off. The company faces questions about its huge AI deals and debt levels, even as analysts see potential for a rebound.
Category: AI
Inito raises $29M to use AI antibodies for at-home health tests
Inito, known for its fertility hormone monitor, just raised a $29 million Series B. The company plans to use AI to design synthetic antibodies, aiming to create a new generation of at-home tests for pregnancy, menopause, and more.
JPMorgan Bets Big on PepsiCo, Sees 13% Upside by 2026
JPMorgan has turned bullish on PepsiCo, upgrading the stock to Overweight from Neutral. The bank sees a 13% upside to a new $164 price target by December 2026, driven by aggressive productivity and innovation spending.
Apple’s App Store Hosted Dozens of Sanctioned Apps, Report Says
Apple’s App Store reportedly hosted dozens of apps linked to U.S.-sanctioned companies, including Russian banks and a Chinese entity accused of repression. The findings challenge Apple’s “safe and trusted” environment claim and could have legal repercussions due to a prior settlement.
SAP’s AI got a 95% score, until consultants knew it was AI
SAP ran an internal test where five teams reviewed over 1,000 business requirements completed by its AI, Joule. Teams told it was intern work rated it 95% accurate. The team told it was AI rejected almost everything, until forced to check.
Big Tech’s AI Agent Alliance is a Bet on the Future
Major AI players are trying to bring order to the chaotic world of AI agents. By forming the Agentic AI Foundation, they’re backing three key technologies as potential industry standards.
Intuit CEO’s Reality Check: Customers Don’t Care About AI
At the Fortune Brainstorm AI conference, Intuit CEO Sasan Goodarzi offered a blunt perspective. He argued that small businesses and consumers don’t care about AI itself; they just want help growing and managing their money.
CoreWeave’s $2 Billion Bet Tests the AI Boom’s Limits
AI infrastructure giant CoreWeave is proposing a new $2 billion convertible notes offering. This comes as the company’s interest payments have tripled and it plans to spend up to $14 billion this year alone, highlighting the massive capital burn behind the AI boom.
Microsoft, Providence release free AI to analyze tumors in minutes
Researchers from Microsoft, Providence, and the University of Washington have publicly released GigaTIME, an AI model that analyzes standard pathology slides to create virtual, detailed maps of the tumor microenvironment. The tool, trained on 40 million cells and applied to over 14,000 patients, is
Microsoft Bets $17.5 Billion on India’s AI Future
Microsoft is making its largest Asian investment ever, pledging $17.5 billion for India’s AI and cloud infrastructure. The move heats up the battle with Google and Amazon in a critical growth market. But significant infrastructure challenges remain.