Anthropic lining up a new slate of investors, ruled out Saudi Arabia

Jakub Porzycki | Nurphoto | Getty Images Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: Saudi Arabia. As bankers line up a group of potential new Anthropic backers, the company has ruled out … Read more

First NASH liver disease drug is here, more coming

3D Illustration of a human liver organ. magicmine | iStock | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good morning! Millions of Americans with a common and potentially life-threatening form of liver disease will soon have access to the first-ever treatment for … Read more

Parker Harris prepared Salesforce for AI. Now he’s focused on Slack

Parker Harris, a co-founder of Salesforce, speaks during a keynote at the company’s Dreamforce conference in San Francisco on Sept. 12, 2023. Marlena Sloss | Bloomberg | Getty Images Each year, Salesforce updates its V2MOM, a planning document laying out vision, values, methods, obstacles and measures. CEO Marc Benioff has said it’s “been used to … Read more

Salesforce announces new AI tools for doctors

Salesforce headquarters in San Francisco, California, US, on Wednesday, Nov. 29, 2023. David Paul Morris | Bloomberg | Getty Images Salesforce on Thursday announced new data and artificial intelligence solutions for health-care workers that could help lessen their burdensome administrative workloads.   The first tool is called Einstein Copilot: Health Actions, and it will allow doctors … Read more

Jim Cramer names companies and sectors poised to rally on the AI wave

CNBC’s Jim Cramer on Wednesday said artificial intelligence is going to be essential to big market rallies over the next few years. “This technological revolution is crossing all barriers, even potentially becoming the heart of our national security apparatus, so we’d be like ostriches with our heads in the sand if we don’t address it,” … Read more

Salesforce, Palo Alto and Apple, Wynn

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) AI trade: Market gains accelerated since … Read more

Cohere says rivals are building Bugatti sports cars, ‘We make F150s’

Cohere president Martin Kon says a lot of the hot artificial intelligence startups on the market today are building the equivalent of fancy sports cars. His product, he says, is more like a heavy-duty truck. “If you’re looking for vehicles for your field technical service department, and I take you for a test drive in … Read more

Salesforce top AI ethics leader ‘optimistic’ on path to US regulation

There are several different pieces of legislation going through the U.S. Congress that focus on AI-related areas. But there is still no official regulation that focuses specifically on AI. Pol Cartie | Sopa Images | Lightrocket | Getty Images BARCELONA — A top executive at Salesforce says she is “optimistic” that U.S. Congress will make … Read more

Microsoft introduces Copilot AI chatbot for finance workers

Charles Lamanna, corporate vice president for business applications and platforms at Microsoft, speaks at a press event in San Francisco on Feb. 28, 2024. Jordan Novet | CNBC Microsoft on Thursday announced that it will release a Copilot chatbot that can perform key tasks for people working in finance. The software company will first offer … Read more

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. The Fed vs. Nvidia The week ahead will tell whether the Federal Reserve can damper investor enthusiasm. A rally fueled in large part by blowout Nvidia earnings pushed the S&P 500, Dow Jones Industrial Average and Nasdaq all to … Read more