Author: arthursheikin@gmail.com

[ad_1] There may be more upside ahead from AMD’s partnership with OpenAI, according to TD Cowen. Analyst Joshua Buchalter, who has a buy rating on the chipmaker, raised his price target on the stock to $270 from $195. That signals upside of more than 15% from Thursday’s close. AMD this week announced a deal with OpenAI in which the ChatGPT maker will buy billions of dollars worth of equipment to build out its AI capabilities. As part of the deal, OpenAI may also take a 10% stake in AMD . “While a formal partnership shouldn’t come as a total surprise…

[ad_1] Gen Z is looking for little luxuries. But those splurges look a little different compared to previous generations.For years, retail leaders and economists have talked about the “lipstick index,” which is the idea that consumers forgo large purchases in favor of small luxuries like lipstick during economic downturns. The phenomenon is generally attributed to Leonard Lauder, one of the billionaire heirs to the Estée Lauder cosmetics fortune.Gen Z has its own version of the lipstick index, according to a new PwC report that analyzed nearly a million customer transactions, including credit card and debit card transactions. Young consumers are…

[ad_1] Starbucks is all in on the protein trend, and the coffee giant is on to something with their new cold foam lineup.In late September, Starbucks launched its new variations of its popular cold foam add-on to top cold drinks. The $2 foams add 15 grams of protein and flavors like chocolate, vanilla, banana, and pumpkin to any iced drink — and they’re surprisingly tasty.I’m no stranger to protein shakes or snack bars, and the better-for-you category can be plagued by texture and taste issues, often struggling with a gritty texture or an unpleasant, lingering whey flavor on the back…

[ad_1] This is an as-told-to conversation with Grant Hill, a junior at Brigham Young University, majoring in music and economics. He will intern at Boston Consulting Group in the summer of 2026. This conversation has been condensed and edited for clarity.When I started college, I never thought I’d end up in consulting. I was a music major playing the cello at Brigham Young University, and consulting seemed like something only economics or finance students did.That changed when I got a message from someone in BYU’s Management Consulting Association, a group for students interested in consulting. At the time, I was…

[ad_1] This as-told-to essay is based on a conversation with Hayet Yasmine Chebbi, a 26-year-old content creator and podcaster based in Montreal. It’s been edited for length and clarity.I lived in New York City for the first 24 years of my life. It was all I’d ever known, and as a kid, I thought I’d never leave.When the pandemic hit, my college went remote, I got laid off from my contract fashion job at Chanel, and I felt like the US’s response to the pandemic was inconsistent. People dream of coming to New York, but I wanted to dream somewhere…

[ad_1] Having spent a week on Sora 2, I’ve been closely watching its main public feed. I’m sorry to report that I’m seeing some very bad signs on OpenAI’s new social video app.It’s not just the potential copyright violations or the misinformation, but something even more corrosive to a burgeoning social platform: Sora 2 seems to be overrun with teenage boys.One of the earliest things I noticed looking at the “Latest” feed of all new posts is that there were very, very few women. This is not good news for OpenAI. Generally speaking, if a social platform is a scary…

[ad_1] For Gen Z, the party has moved out of the nightclub and into picnics in the park and house parties — and they are drinking less.An August Gallup survey found that the number of 18 to 34-year-olds in the US — which includes young millennials — who reported that they drink alcohol dropped by 9% from 2023 to 2025.And Americans age 25 to 34 spent about 11% less on alcohol in 2023 than the same age group did in 2003, when adjusted for inflation, per Federal Reserve Economic Data.But a top executive at Suntory, the Japanese beverage company that…

[ad_1] Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system is a cluster of more than 4,600 Nvidia GB300 rack computers sporting the much-in-demand Blackwell Ultra GPU chip and connected via Nvidia’s super-fast networking tech called InfiniBand. (Besides AI chips, Nvidia CEO Jensen Huang also had the foresight to corner the market on InfiniBand…

[ad_1] Google’s bet on an AI startup to streamline employee benefits quickly turned into a privacy firestorm on Wednesday. The company told staff they’d have to hand over personal data to healthcare startup Nayya to use their health benefits — a move that Nayya’s CEO says is rare among its partners.Google’s initial data sharing requirements came from the Big Tech giant, not from the startup, Nayya’s CEO Sina Chehrazi shared with Business Insider. Nearly every other business Nayya works with allows its employees to opt in to sharing different pieces of their personal data as they see fit, he said.”We…

[ad_1] The AI startup founder Eugenia Kuyda is building something new.Kuyda is known for founding Replika, a Y Combinator-backed startup that lets users create AI-powered companions. She quietly stepped down as CEO at the start of the year and announced her new startup, Wabi, on Thursday.Wabi will enable users to create their own mini-apps without any coding.”It’s a platform to discover, remix, and share, create mini apps for daily life,” Kuyda said. “We’ll tell a little bit more when we launch publicly. Right now, it’s a very close private beta.”Wabi is a 10-person team, Kuyda said, and plans to launch…