|
|
|
|
|
27.02.26 - 00:06
|
Flexport Rolls Out AI Agents to Aid with Tariff Refunds (Bloomberg)
|
|
|
Ryan Petersen, Founder and CEO of Flexport, discusses the implications of tariffs for businesses and the potential for refunds. He tells Romaine Bostick and Bailey Lipschultz on “The Close” that the company has developed an AI-powered tool to help businesses estimate expected tariff refunds and assist with filing the necessary paperwork. (Source: Bloomberg)...
|
|
|
27.02.26 - 00:06
|
Wiwynn′s AI products exceed 50% of sales in 2025, revenue and profit double (Digitimes)
|
|
|
US cloud service providers (CSP) continue to invest heavily in artificial intelligence (AI), with Nvidia's latest fourth-quarter fiscal 2026 earnings report showing record-high revenue, highlighting ongoing strong demand for AI infrastructure. Benefiting from the AI boom, Wiwynn reported consolidated revenue of NT$950.66 billion (US$30.46 billion) in 2025, up 163.7% year over year, with AI products accounting for more than half of sales....
|
|
|
|
|
|
|
|
|
27.02.26 - 00:01
|
CoStar CEO On Their AI Strategy, State Of Housing Market (Bloomberg)
|
|
|
Andy Florance, CEO of CoStar Group, discusses the company's new AI initiative in real estate, Home AI, a fully integrated native AI solution designed specifically for the sector, with Romaine Bostick and Bailey Lipschultz on “The Close.” (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26.02.26 - 23:18
|
Dorsey′s Block Fires Nearly Half Of The Company In ′Massive′ AI Bet, Sending Shares Soaring (ZeroHedge)
|
|
|
Dorsey's Block Fires Nearly Half Of The Company In 'Massive' AI Bet, Sending Shares Soaring
One week after WIRED reported that things were pretty dismal over at Jack Dorsey's payment processing company Block (formerly Square), the company announced that they are cutting 4,000 employees - nearly half of their headcount - in order to invest 'heavily' in artificial intelligence tools to run more efficiently, including its own called Goose, Bloomberg reports.
The news sent shares up over 30% in after hours trade.
"We are taking bold and decisive action here, but we're doing it from a position of strength," CFO Amrita Ahuja told Bloomberg, adding "We're doing it in a way that we believe positions us to move even faster for our customers."
The reduction in force, which was announced in a shareholder letter on Thursday, comes after rolling job eliminations that have often been tied to annual performance reviews.
...
In the shareholder letter, the company highlig...
|
|
|
26.02.26 - 23:12
|
Jack Dorsey′s Block Plans to Cut Nearly Half of Workforce in AI Bet (Bloomberg)
|
|
|
Jack Dorsey's Block aims to improve efficiency by reducing headcount and leveraging artificial intelligence tools. A key focus is on an internal AI tool called Goose, which the company plans to rely on heavily to streamline business processes and enhance productivity. Emily Mason reports on "Bloomberg The Close." (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
26.02.26 - 22:48
|
Nvidia Delivers Upbeat Forecast to AI-Wary Market | Bloomberg Tech 2/26/2026 (Bloomberg)
|
|
|
Bloomberg's Caroline Hyde and Ed Ludlow discuss Nvidia's latest sales forecast, which drew a lukewarm response from investors, with concerns over a potential bubble still weighing on the chipmaker. Plus, Paramount Skydance and Warner Bros. Discovery put out earnings amid renewed takeover talks. And, Snowflake CEO Sridhar Ramaswamy discusses the business' strong growth outlook. (Source: Bloomberg)...
|
|
|
|