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News
Guggenheim's Walsh says accounting at GPI unit was 'appropriate"
2+ week, 6+ day ago (353+ words) Guggenheim Partners is working with regulators as they probe a business accounting issue at one of its subsidiaries, according to Anne Walsh, chief investment officer of the firm's asset-management business. "We have been very open with regulators and very cooperative…...
A little AI can go a long way
3+ mon, 1+ week ago (574+ words) Despite breathless pronouncements otherwise, artificial intelligence is not, in fact, the universal tool that can and should be applied to every single thing so that it can take care of everything without you having to think about anything, at least…...
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
3+ mon, 3+ week ago (460+ words) Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on which private AI giant will debut on the public markets first. Traders on Kalshi now see OpenAI as the…...
Silicon Valley's hottest AI financial metric is also its least trusted
5+ mon, 6+ day ago (564+ words) The co-founder of Cluely — an Andreessen Horowitz-backed startup with the motto, "Cheat on everything" — ignited a controversy earlier this month after confessing to lying to a reporter about his company's performance on a popular Silicon Valley metric: annual recurring revenue,…...
Lobster buffet: China’s tech firms feast on OpenClaw as companies race to deploy AI agents
6+ mon, 2+ day ago (1005+ words) China is rapidly embracing the popular artificial intelligence tool OpenClaw, with major tech companies and even local governments rushing to expand access to the lobster-themed, open-source AI agent in recent weeks. AI agents are digital assistants that can handle tasks…...
Enrico Palmerino explains Botkeeper's fall
6+ mon, 1+ week ago (830+ words) Enrico Palmerino, CEO of accounting automation and outsourced services provider Botkeeper — which abruptly shut down at the beginning of February before its tech assets were acquired by Xendoo a few weeks later — said that what brought the company down was…...
The 2025 Top 100 People: What would you change?
8+ mon, 5+ day ago (230+ words) It's a common question: If you could go back and change anything, would you? In the case of the 2025 Top 100 Most Influential People, we framed it in a professional context, asking: "If you could go back, what is one thing…...
Redefining human potential with AI
8+ mon, 4+ week ago (556+ words) The role of the CFO is undergoing a profound transformation. No longer confined to balancing the books and the monthly close, today's finance leaders are navigating talent shortages, evolving compliance demands and economic unpredictability. In fact, 82% of CFOs say their…...
Obamacare tax credit fraud risks persist
9+ mon, 1+ week ago (308+ words) Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance under the Affordable Care Act, according to a new report from the Government Accountability Office that comes at a time…...
OpenAI takes stake in Thrive Holdings, adding to circular deals
9+ mon, 1+ week ago (258+ words) OpenAI is taking an ownership stake in Thrive Holdings, an investment vehicle set up earlier this year by Thrive Capital, adding to a growing list of circular deals involving the ChatGPT maker and its backers. Thrive Capital, one of OpenAI's…...