Prediction markets were skeptical that such a motion would pass...

One of Silicon Valley's leaders may be losing a key edge...

The fallout from General Motors ’ decision to move away from self-driving robotaxis is starting to spread. Microsoft said on Wednesday it would take an $800 million charge to write down its investment in Cruise—GM’s troubled robotaxi unit. Cruise lost its license to drive in California in October 2023 after a Cruise robotaxi dragged a pedestrian...

As Apple (AAPL) and Alphabet (GOOG, GOOGL) shares hit record highs on artificial intelligence (AI) announcements, Intelligent Alpha founder and CEO Doug Clinton joins Josh Lipton Asking for a Trend to discuss the competitive landscape between "[OpenAI CEO] Sam Altman is a formidable competitor. He's very hard to compete against, but I actually think the landscape has sort of changed over the last six months," Clinton says. "If you look at the landscape today, it's very competitive. OpenAI, to me, is still in the lead, but you've got Google very close behind. I think Anthropic with Claude has done a great job and, of course, as you mentioned, xAI." Clinton notes Intelligent Alpha is invested in xAI. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan...