OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) announcing separate , but similar deals to go after artificial intelligence services is an attempt to expand their respective distribution points as soon as possible, Jefferies said. “We see the creation of these JVs as an attempt to expand distribution as fast as possible, with the bigger more complex project work eventually being handed off to the large...
OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) announcing separate , but similar deals to go after artificial intelligence services is an attempt to expand their respective distribution points as soon as possible, Jefferies said. “We see the creation of these JVs as an attempt to expand distribution as fast as possible, with the bigger more complex project work eventually being handed off to the larger IT Services firms with proven track records,” Jefferies analyst Surinder Thind wrote in a note to clients. “The direct competitive threat at scale should be modest because the JVs will be incentivized to implement the models of its owners, which removes some of the value proposition of the leading IT Services firms as being vendor and technology agnostic. We see these JVs as much more akin to how Oracle and SAP have their own consulting practices. We also note it is more likely than not these services JVs will be built through acquisitions, which could be a positive catalyst for IT Services valuations, which remain depressed.” More on OpenAI and Anthropic Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan Wall Street Lunch: OpenAI Loosens Exclusivity In Revised Microsoft Pact Anthropic Is Taking Over Enterprise Rivals turn partners as Anthropic inks deal to secure computing power from xAI's Colossus 1 Could mega IPOs end the 'equity shrinkage' era?
Most dividend ETFs make you pick a lane. You can chase yield with funds packed full of utilities, telecoms, and tobacco names that throw off cash but barely grow, or you can buy dividend growth funds that pay you almost nothing today on the promise of bigger checks a decade out. JPMorgan Dividend Leaders ETF ... This New Dividend Fund Is Chasing Yield And Growth At The Same Time
Most dividend ETFs make you pick a lane. You can chase yield with funds packed full of utilities, telecoms, and tobacco names that throw off cash but barely grow, or you can buy dividend growth funds that pay you almost nothing today on the promise of bigger checks a decade out. JPMorgan Dividend Leaders ETF ... This New Dividend Fund Is Chasing Yield And Growth At The Same Time
AeroVironment ( AVAV ) on Wednesday said it conducted a counter-unmanned aircraft system laser test in early March at White Sands Missile Range in New Mexico, working with the U.S. Department of War and the Federal Aviation Administration. The test, led by Joint Interagency Task Force 401, evaluated the company’s LOCUST high-energy laser system in scenarios designed to reflect operations in U.S. a...
AeroVironment ( AVAV ) on Wednesday said it conducted a counter-unmanned aircraft system laser test in early March at White Sands Missile Range in New Mexico, working with the U.S. Department of War and the Federal Aviation Administration. The test, led by Joint Interagency Task Force 401, evaluated the company’s LOCUST high-energy laser system in scenarios designed to reflect operations in U.S. airspace. Safety measures, airspace integration evaluated According to the company, the system demonstrated automated safety shut-off functions that restrict engagement to confirmed targets. Testing also indicated no adverse effects on civilian aircraft under controlled conditions and relied on identification protocols before engagement. The exercise supported a subsequent agreement between the Department of War and the FAA regarding the system’s use in domestic airspace. FAA Administrator Bryan Bedford said in a statement that the agency’s review found the systems “do not present an increased risk to the flying public,” following a safety assessment. Target engagement capabilities The company said the laser system successfully engaged both stationary and airborne targets during the test. The demonstration was intended to assess accuracy and operational performance in counter-drone scenarios. U.S. Army Brig. Gen. Matt Ross, director of Joint Interagency Task Force 401, said the test shows progress in counter-drone tools “to defend the homeland,” adding that interagency coordination was central to the effort. Part of broader counter-drone efforts The demonstration comes as U.S. agencies and contractors expand efforts to address drone activity in domestic airspace. AeroVironment ( AVAV ) said its LOCUST system is part of a broader defense architecture that integrates sensors and tracking systems with countermeasures. John Garrity, the company’s vice president for directed energy systems, said the test indicates the system can operate “safely and effectively” in complex airspac...
Alberta’s planned oil pipeline to the west coast requires Canada to shift away from stricter climate policies and toward promoting greater oil production from new projects, Cenovus Energy Inc. ’s chief executive officer said. The government of Alberta wants to build a new oil-export pipeline capable of carrying 1 million barrels a day of crude to global markets. That will require “greenfield” oil ...
Alberta’s planned oil pipeline to the west coast requires Canada to shift away from stricter climate policies and toward promoting greater oil production from new projects, Cenovus Energy Inc. ’s chief executive officer said. The government of Alberta wants to build a new oil-export pipeline capable of carrying 1 million barrels a day of crude to global markets. That will require “greenfield” oil sands developments as opposed to the simple expansions of existing sites that the industry has been doing for more than a decade, Jon McKenzie said in call with analysts Wednesday. The higher costs of new oil sands projects mean that in order for the economics to work, they require less stringent environmental rules, he said — including a rethink of the industrial carbon tax. “We have to be pretty thoughtful about a set of policy environments that really do allow us to grow and fill a pipeline,” he said. “We have to have a competitive market that allows for greenfield development.” The comments come as the governments of Prime Minister Mark Carney and Alberta Premier Danielle Smith negotiate the details of a higher carbon tax for industrial emissions and a carbon storage project to reduce the environmental impact of the oil sands. The two politicians agreed last year to a memorandum of understanding that supports a pipeline along with other policies such as a carbon tax of C$130 ($95) per metric ton of emissions. Bloomberg News reported on Monday that the two governments are negotiating on several matters, including how quickly the tax would ramp up to C$130. The longer it takes, the lower the financial burden on oil producers. But McKenzie wants the tax gone. “The industrial carbon tax is unique to Canada,” he said, giving oil companies a stronger incentive “to invest outside of Canada.” “It does the country no service to negligibly reduce the impact of climate change over the next century if we materially erode our social benefit network over the next 15 years.”