The iPhone Duo may already have its first killer app: a virtual Walkman
The app imitates how Walkmans used to function: You can open up the Duo to pick your music and “insert” your cassette tape, then close the device shut to start listening.
Meta launches enterprise AI platform, hires MongoDB CEO to lead new initiative
Meta says it will focus on bringing its full technology stack, including Muse, Meta Business Agent, Muse API, Muse Code, and more to businesses and developers.
Anthropic releases Sonnet 5.5, which it calls a significantly cheaper, faster work partner
Anthropic has released the newest version of its mid-range model, boasting faster response times and less token burn.
Google is killing off Gemini’s Gems in favor of ‘skills’
As all-in-one AI agents like Meta’s Muse and Instinct take off, Google is opting to end a feature which built task-specific agents.
OpenAI still doesn’t seem to have a handle on all of its rogue AI activity
On Friday, OpenAI published a new site devoted to “misalignment reports” and the breadth of the incidents is alarming.
Nvidia launches new platform for reining in rogue AI agents
As the debate rages over whether the recent spate of rogue AI agents is a step toward AGI or a more conventional engineering problem, Nvidia is offering its own answer to problem. Nvidia CEO Jensen Huang on Monday introduced a toolkit of software and hardware products that add independent security layers around AI agents to […]
Putnam Converts Focused U.S. Research Strategy to ETF Structure
More conversions to exchange-traded funds (ETFs) from mutual funds continue to underscore the preference of the ETF as the investment vehicle of choice. Last week, Putnam Investments completed the conversion of its mutual fund strategy into the Putnam Focused U.S. Research ETF (PFRX). This strategic shift reflects a broader industrywide trend as asset managers are […]
Navigating Rate Uncertainty: Why USFR Shines After the Fed’s September Meeting
Following the Federal Reserve’s highly anticipated September meeting, which saw the central bank raise rates by 25 basis points, fixed-income investors are once again reassessing their portfolios. The central bank is navigating a complex macroeconomic backdrop that features persistent inflation, rising government debt and mounting geopolitical tensions, among other issues. The crucial question of what […]
Why Choose Free Cash Flow Over Other Accounting Metrics?
When it comes to identifying value, typical fundamental metrics like price-to-earnings (P/E) or price-to-book (P/B) are often used. Both metrics rest on accounting outputs (reported earnings and book value), and accounting rules allow significant discretion in non-cash expenses, depreciation schedules and goodwill write-downs. In short, that discretion can mask deteriorating underlying health and produce misleading […]
Potential Diesel Export Curbs Manageable for Midstream
In recent days, energy discussions and headlines have been dominated by the potential for a U.S. diesel export ban. The U.S. is a major exporter of diesel, including to Europe, which has been hit hard by global diesel supply disruptions. Today’s note discusses some of the market dynamics surrounding U.S. diesel exports and why the […]
Insuretech Outmarket raises $34.5M just months after prior round
The startup uses AI to automate tedious paperwork for insurance agencies and brokers.
Modulate raises $25M for its voice models and analysis suite
Modulate deploys its models to detect deepfake, fraud and scam
