Signet Jewelers just reported a strong third quarter and raised its year-end sales guidance. The key driver? Customers are increasingly choosing larger lab-grown diamond fashion jewelry, boosting average prices and sales at chains like Kay and Jared.
OpenAI is reportedly suppressing internal research that highlights AI’s potential harms, such as widespread job displacement. This alleged self-censorship has reportedly led to the departure of at least two employees, including a data scientist who accused the team of acting as an “advocacy arm.”
NVIDIA has reportedly gained approval to sell its H200 AI accelerator in China, but the victory is hollow. The US will take a 25% cut of sales, and Beijing is forcing companies to justify every purchase. It’s a brutal squeeze between two superpowers.
A new venture firm, U2V, is launching with a €60 million fund to invest in pre-Seed and Seed-stage DeepTech startups from European universities. Its goal is to bridge the gap between scientific research and commercial success by connecting founders with industry partners.
Japanese corporations are getting hammered by ransomware, and the recovery is taking far longer than anyone wants. It’s a stark lesson in why preparation, not panic, is the only real defense.
F.L.Putnam’s Ellen Hazen suggests investors look to chip manufacturer TSMC as a core AI holding. She sees a bubble forming but believes it’s different from past manias, and likes TSMC’s position as the indispensable foundry for everyone, including Nvidia’s potential rivals.
Joey Zwillinger, who stepped down as Allbirds CEO in 2024, is launching a women’s health startup called Biologica. He says the key to DTC success now is a product that drives frequent, recurring sales—something his famous wool sneakers couldn’t do.
Physicists have identified a bizarre new phase of matter that blurs the line between solid and liquid. In this “corralled supercooled liquid,” some atoms stay perfectly still while others flow freely, all within the same material.
In a stunning admission, Netflix’s leadership revealed they attributed no financial value to the WB Games division as part of their massive $82.7 billion acquisition deal. This comes even though the division produced 2023’s best-selling game, Hogwarts Legacy.
Accenture is on an AI partnership spree. After a deal with OpenAI, it’s now teaming up with Anthropic to train tens of thousands of employees on Claude. The consulting giants are in a full-blown arms race for AI dominance.
