Author: arthursheikin@gmail.com

[ad_1] Social network X has changed its developer agreement to prevent third parties from using the platform’s content to train large language models. In an update on Wednesday, the company added a line under “Reverse Engineering and other Restrictions,” a subsection of restrictions on use: “You shall not and you shall not attempt to (or allow others to) […] use the X API or X Content to fine-tune or train a foundation or frontier model,” it reads. This change comes after Elon Musk’s AI company xAI acquired X in March — understandably, xAI wouldn’t want to give its competitors free…

[ad_1] When Monik Pamecha co-founded AI voice startup Toma in early 2024, he hadn’t anticipated spending the summer months sweating in Bible Belt car dealerships. He and co-founder Anthony Krivonos were still focused on banking and healthcare customers when the dealers came knocking.  “They just called us up and said ‘we are drowning in phone calls,’” Pamecha described that initial contact in an interview with TechCrunch.  Seeing an opportunity to pivot into a far less-regulated space than banking or healthcare, Pamecha and Krivonos set up a test: They decided to have their voice agent call essentially every car dealership in…

[ad_1] Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition of Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have access to internal data. Collibra declined to comment on the terms of the deal. Raito previously raised $4 million in venture funding from investors, including Dawn Capital, Crane Venture Partners, and Collibra itself. Collibra founder and CEO Felix Van de Maele told TechCrunch…

[ad_1] Today’s the day! TechCrunch Sessions: AI is lighting up UC Berkeley’s Zellerbach Hall at 8 a.m. PT on the dot. The stage is set, the speakers are ready, and the AI community is gathering for one powerful day of insight, innovation, and momentum. Local to Berkeley and passionate about AI? There’s still time to join us — grab a pass and immerse yourself in the conversations driving the next wave of innovation, and make the connections to fuel your AI passion and success. Don’t miss a moment — secure your spot at the heart of today’s AI action. What’s…

[ad_1] (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors on Thursday are looking at alternative asset manager names as potential rebound plays, along with small-cap stocks. Another investor is looking at how to play the quantum computing space. Worldwide Exchange picks: Apollo Global and Blackstone Storm Uru of LionTrust Asset Management sees upside in alternative asset managers Apollo Global and Blackstone that are both more than 30% off their 52-week high. “The long term structural case for these companies is…

[ad_1] Here are the biggest calls on Wall Street on Thursday: Daiwa reiterates Nvidia as outperform Daiwa raised its price target on the stock to $165 per share from $115. “Since the Nvidia moment when they raised DC [data center] guidance to $10b from $4b in May 2023, we have seen many big rallies and then pauses. We are back in a rally phase given good quarterly growth and the same expectation for 2025.” Read more here. Bank of America reiterates Nvidia as a top pick Bank of America said the stock remains a top pick following a meeting with…

[ad_1] Globant, a large tech consulting firm, just ripped up its traditional billing strategy to more fully embrace AI use cases and projects.This is a trend I told you about back in April. The generative AI boom is pushing companies to adopt different pricing models, partly because the latest models have become so expensive to use.This is already taking hold in the SaaS industry. Now it is beginning to happen in consulting.Globant, an IT services specialist that competes with Accenture and other consulting firms, is rolling out AI Pods, a subscription for AI-powered offerings including software engineering, product definition, design,…

[ad_1] Dollar Tree’s steady growth could underpin a breakout for the stock, according to JPMorgan. The firm upgraded stock in the discount retailer to overweight from neutral on Thursday and raised its price target to $111 per share from $72. JPMorgan’s new forecast implies about 25% upside from Wednesday’s close. DLTR YTD mountain Dollar Tree stock in 2025. Analyst Matthew Boss pointed to the company’s strong-first quarter results as emblematic of future strength, highlighting its same-store sales and traffic increases. “Multi-year, we see DLTR returning to a double-digit EPS ‘compounder’ with top- and bottom-line drivers in place at the core…

[ad_1] Uncertain times are here to stay, according to the head of the Big Four firm EY.”Uncertainty is going to be the norm. It’s going to be there for some time,” Janet Truncale, EY’s global chair and CEO, told Bloomberg TV in an interview on Wednesday.Business leaders are facing change and tough decisions on all fronts, from quickfire tariff policies and stock market swings, to how to implement AI and handle generational shifts in the job market.Truncale said that “confidence has been up and down in the C-Suite for the last year” and that technology, AI, and tariffs are all…

[ad_1] Many corporate leaders praise innovation but are less vocal about failure. That’s not the case for the CEO of Ikea’s owner — he hands out “banana cards.”Jesper Brodin, boss of Ingka Group, said in a podcast interview with Norges Bank Investment Management CEO Nicolai Tangen that the idea came directly from employee feedback.”A big group of Ikea colleagues said openly that we feel sometimes afraid of daring to make mistakes. What would be the consequences?” Brodin said in the episode released on Wednesday.To ease those fears, he created a symbolic gesture: “I invented this card where I basically cosign in…