business

The great boomer business handover comes to Stew Leonard’s

Stew Leonard Jr. is greeted like a celebrity as he makes his way through his family’s business. Known as Connecticut’s “Disneyland of grocery stores,” Leonard’s locations come complete with animatronics, petting zoos, and costumed mascots. Every few feet, a customer does a double-take and rushes over. Mostly, they want to…

Nvidia is playing many parts in the AI gold rush, a top business guru says

Nvidia is playing many positions on the AI pitch, a leading business professor says.”If AI is a modern-day gold rush, then Nvidia is not only selling the picks; they’re also shareholders in the mines themselves, and now they’re becoming the bank that’s lending to all the prospectors,” Rob Lalka told…

OpenAI finds a crack in Anthropic’s business AI lead

Although OpenAI still straggles behind Anthropic in a closely watched measure of AI adoption among businesses, there’s a spark of hope for CEO Sam Altman’s company.OpenAI has an advantage over its rival’s priciest and most advanced model, according to new data from Ramp’s AI Index. The data shows that Anthropic’s…

Cable TV is dying — and can still be a very good business.

What do you do if you’re a big media company that owns a bunch of cable TV networks?In many cases, you try to get rid of them. Just this week, Disney dumped its half-ownership of A&E and other networks for $1.2 billion,Versant CEO Mark Lazarus doesn’t have that option: The…