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Alex Karp rings the alarm for salespeople, saying Palantir’s teams crushed earnings with a ‘miniscule and shrinking’ head count
Palantir CEO Alex Karp took a victory lap over the company’s explosive growth, saying it managed to boost its commercial business using a “miniscule and shrinking” sales team. In the shareholder letter accompanying Monday’s second-quarter results, Karp said it was another case of Palantir ignoring…
9 Generic Products You Should Be Buying at Costco
There’s a lot to love about Costco. The one-stop bulk shop has a generous return policy and hands out plenty of yummy samples at its warehouse stores. Followers also love Costco’s generic label, Kirkland Signature, but many will point out that you’ve got to know when to choose the Kirkland label…
It looks like ‘Big Short’ investor Michael Burry nailed his bet against AI chip stocks
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks. The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too. The exchange-traded…
When a partner said he wanted kids soon, it made me question my desire to stay child-free. I stuck to it, and we broke up.
When I was 6 years old, and tensions were high, my mom told me, “One day, your kids will be your future karma.” I immediately yelled back, “Well, I won’t have any kids then!” Feeling smug, I thought I’d outsmarted my mom and found a loophole to avoid future punishment. Little did I know that
OpenAI hits back at Apple’s lawsuit — and says it has receipts
OpenAI says Apple got some of its facts wrong — and says it has the receipts to back it up. In a Tuesday blog post, OpenAI called Apple’s July complaint accusing the ChatGPT maker of stealing trade secrets a “careless, aggressive and oddly personal lawsuit.” OpenAI said Apple had made mistakes when…
Don’t outsource the best parts of parenting to AI
There are a lot of things about parenting that are unpleasant drudgery. There’s the obvious ones: diapers, cleaning bottle parts, picking up Legos, listening to “Wheels on the Bus” over and over. As kids get older, you’ll also discover so many more annoying things: The constant sorting of too-small…
The next step in AI cost saving: treating frontier models like expensive consultants
Getting good returns on AI spending is the hottest enterprise topic of the day, and AI consultants have a neat cost-saving hack. Business Insider has reported extensively about how users should route their tasks to the right AI models to get the best bang for their buck. But AI consultants are…
Japan turned a 118-year-old prison into a luxury hotel where guests sleep in converted cells
A Japanese resort company has turned an iconic former prison into a 48-room luxury hotel. The former Nara Prison, built in 1908 and designated a cultural property in Japan in 2017, reopened in June as Hoshinoya Nara Prison Hotel, a luxury hotel operated by Hoshino Resorts. The complex features a…
Kalshi CEO says lawsuits are the price of being a disruptor
Kalshi’s CEO says the scrutiny his company is facing is just part of a cycle that most disruptive startups must go through. Tarek Mansour, the prediction market’s cofounder, spoke on CNBC on Monday about the lawsuits Kalshi is facing from multiple states. “I think the more interesting thing that’s…
15 attorneys general have instructed OpenAI to preserve all materials related to the Hugging Face hack
OpenAI is facing intense legal scrutiny over the July hacking incident on Hugging Face. In a letter to OpenAI CEO Sam Altman on Monday, the attorneys general of 15 states wrote that the Hugging Face hack showed that OpenAI is unable or unwilling to ensure the safety of its products. They said this…