Author: arthursheikin@gmail.com
[ad_1] Investors are clearly bullish about former Salesforce co-CEO Bret Taylor’s AI agent startup Sierra. Sierra, which helps enterprises build customer service AI agents, announced it raised a $350 million funding round on Thursday. The round, led by earlier investor Greenoaks Capital, values the startup at $10 billion, according to a company blog post that confirmed an earlier report from Axios on Wednesday. Sierra was founded in early 2024 by Taylor and longtime Google alum Clay Bavor. The company claims to have landed hundreds of customers, including SoFi, Ramp, and Brex, among others, in its 18 months of operation. Sierra…
[ad_1] Football fans can finally cut the cord this NFL season without missing games, but it won’t save them very much money.For the first time ever, NFL die-hards can watch every in-market game on their TVs without a pay-TV subscription, now that ESPN and Fox are available via their stand-alone apps.Some sports fans have waited years to watch their favorite teams without paying for cable or satellite TV. They may be disappointed to learn that streaming is much more expensive than it once was.Subscribing to every streamer that carries pro football would cost a pretty penny. In fact, NFL fans…
[ad_1] 2025-09-04T20:01:31Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Alex Karp, CEO of Palantir, said on “TBPN” that skilled tech workers will be increasingly valuable. With intense competition for AI talent, top workers are demanding higher pay. Even as Palantir’s revenue soared last quarter, Karp says it may adopt leaner teams. Alex Karp, the CEO of defense…
[ad_1] The luxury membership platform Vivrelle, which allows customers to rent high-end goods, announced Thursday the launch of an AI personal styling tool called Ella as part of its partnership with fashion retailers Revolve and FWRD. The launch is an example of how the fashion industry is leveraging AI technology to enhance customer experiences and is one of the first partnerships to see three retailers come together to offer a personalized AI experience. Revolve and FWRD let users shop designer clothing, while Revolve also has an option to shop pre-owned. The tool, Ella, provides recommendations to customers across the three…
[ad_1] Updated 2025-09-04T19:30:54Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Ellen Wilson, the wife of Woodrow Wilson, established the Rose Garden in 1913. It was redesigned under the Kennedy administration and has hosted many historic events. Donald Trump paved over the grass in the Rose Garden, turning it into a patio space. Before the White House had…
[ad_1] A resilient macroeconomic backdrop should help Visa ‘s stock continue to be a winner, according to EP Wealth Advisors director of portfolio strategy Adam Phillips. He joined CNBC’s “Power Check” on Thursday to discuss the credit card behemoth and another pick he’s bullish about for its defensive qualities. Visa Phillips said he has been a longtime advocate of Visa stock. Shares have advanced about 11% so far in 2025, just narrowly outpacing the S & P 500’s roughly 10% gain. “Visa is actually one of the stocks that we’ve held the longest in our equity strategy going back 15…
[ad_1] Investors should be more thoughtful in how they diversify their portfolios these days, according to BlackRock’s new fall outlook . Many portfolios relying on traditional constructions have become riskier, thanks to a heightened uncertainty and the shift in the relationship between stocks and bonds, said Gargi Chaudhuri, chief investment and portfolio strategist at BlackRock. The typical balanced portfolio consists of 60% stocks and 40% fixed income. It also tends to rely on U.S. assets, she noted. “Correlations that have been very prevalent in the marketplace for decades are not as reliable as they once might have been,” Chaudhuri said…
[ad_1] OpenAI says it’s developing an AI-powered hiring platform to connect businesses and employees, a service that would put the outfit in close competition with LinkedIn. The product is called the OpenAI Jobs Platform, and the company expects to launch the service by mid-2026, an OpenAI spokesperson told TechCrunch. OpenAI CEO of Applications Fidji Simo announced the new endeavor in a blog post Thursday, saying the company will “use AI to help find the perfect matches between what companies need and what workers can offer.” Simo said the service would offer a dedicated track for small businesses and local governments…
[ad_1] The August jobs report could be a market-moving event, with the data impacting how investors see the economy and the outlook for Federal Reserve rate cuts. Economists polled by Dow Jones expect a 75,000 job gain. Daniel Morris, chief market strategist of BNP Paribas, doesn’t see a big market reaction unless the number is approximately 15,000 more or less than expected. “If it is a much weaker figure then you would start worrying about recession,” said Morris. “Alternatively, if we get a strong number then the argument would be we don’t need that cut anymore.” Move away from AI…
[ad_1] In one of David Ellison’s first moves as chief of the new Paramount Skydance, he’s calling employees back to the office five days a week.The mandate comes as staff brace for big job cuts following the merger’s closing in August. Paramount Skydance is targeting $2 billion in cost savings. Before its merger with Skydance, Paramount cut 3.5% of its US workforce in June amid the decline of the linear TV business.”I believe that in-person collaboration is absolutely vital to building and strengthening our culture and driving the success of our business,” Ellison wrote in a memo seen by Business…