Street
Anthropic’s new technique for nabbing customers: Partner with the companies that own them. Loading audio narration… The AI giant is rolling out a consulting business with the help of Goldman Sachs, Blackstone, and Hellman & Friedman. That group will serve as the founding partners, but investing giants like General Atlantic,…
Gen Z founders have launched into the business world with a bang, and legacy brands have been trying to keep up ever since. Just ask Eve Halimi.Halimi and Anam Lakhani created Alinea, an investment platform designed for the next generation of wealth-builders, in 2021. The pair began building Alinea after…
A business owned by Wall Street law firm Cleary Gottlieb has begun selling software that could help clients send less work to firms like its own. Loading audio narration… For years, law firms have worried that artificial intelligence will make lawyers faster and cut into billable hours. ClearyX, a Cleary…
Citi is eyeing the AI dealmaking frenzy as its moment to close the gap with Wall Street rivals. Loading audio narration… In late February, the bank established an AI Infrastructure group, noting in an internal memo that the build-out could require an estimated $3 trillion in capital by 2030 —…
Finance types can’t stop talking about Citrini Research’s “Analyst #3” and what the firm says was a wild trip to the Strait of Hormuz. Loading audio narration… Wall Street’s denizens and market watchers across the globe rushed to X to commend the intrepid analyst with memes, GIFs, and kudos-filled posts.It’s insane…
Jamie Dimon warned that companies could leave high-tax cities like New York — but so far, they aren’t. Loading audio narration… In his annual letter to shareholders, the JPMorgan CEO said New York City has “much going for it,” but it also has high corporate and individual income taxes that are…
When four “finance boys” went viral last week for their Loro Piana- and Hermés-studded photo shoot, they violated more than the sacrosanct rule of not outdressing your boss. They brought Wall Street banks into the memeosphere, attracting publicity that has clashed with the hush-hush world of high finance.Demarre Johnson, a…
