Intuit and Anthropic have announced a partnership that will bring customizable artificial intelligence agents to Intuit’s platform and financial tools to Anthropic’s AI products.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logi ...

Advanced Micro Devices said Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms over five years in a deal that allows the Facebook owner to purchase as much as 10% of the chip firm.The agreement could potentially be worth more than $100 billion. AMD shares rose more than 7%, while market leader Nvidia, set to report results on Wednesday, were little changed.Surging demand for AI processors has deepened competition for Nvidia and niche players as the indus ...

Core Insights - Microsoft reported a significant increase in capital expenditures (CapEx) of $29.88 billion for Q2 FY2026, marking an 89% year-over-year increase from $15.80 billion, raising investor concerns about the pace and payoff of its AI infrastructure investments [1] - The total CapEx over the last four quarters reached $83.09 billion, exceeding the previously stated $80 billion commitment for AI infrastructure, indicating a structural shift in spending patterns [1] - Despite strong revenue growth of 17% year-over-year to $81.27 billion, and a notable increase in Azure and Microsoft Cloud services, the stock price fell 14.6% post-earnings announcement, reflecting investor skepticism about the sustainability of growth amid rising expenditures [1] Financial Performance - Microsoft’s operating cash flow surged 60% to $35.76 billion, but free cash flow decreased by 9.3% to $5.88 billion due to high CapEx consumption [1] - Non-GAAP EPS was reported at $4.14, surpassing the consensus estimate of $3.91, while the commercial remaining performance obligation increased by 110% to $625 billion, indicating strong future revenue potential [1] - The stock price declined from $452.04 to $385.83, significantly below its 200-day moving average of $486.88, highlighting market concerns about the effectiveness of the CapEx strategy [1] Market Reaction and Analyst Sentiment - Despite the strong earnings report, the market reacted negatively, with Microsoft shares experiencing a sharp decline, contrasting with the overall market performance [1] - Analyst sentiment remains largely positive, with 57 out of 58 analysts maintaining a Buy or Strong Buy rating, and a consensus target price of $596, although prediction markets suggest only a 7% probability of the stock closing above $405 by month-end [1] - The upcoming Q3 FY2026 earnings report will be critical for assessing whether Azure growth and revenue from AI-linked services can offset the drag on free cash flow caused by high CapEx [1]

The race to the top of the AI sector continues, with Advanced Micro Devices Inc (NASDAQ:AMD) unveiling an expanded partnership with Meta Platforms (META). The multi-year deal will include AI expansion via the deployment of as many as 6 gigawatts of graphic processing units (GPUs) for data centers, as well as early shipments of its MI450 GPU. This marks another major partnership milestone for the chipmaker, which also penned a deal with OpenAI back in October. AMD was last seen 7.5% higher to trade at $212.2 ...

要点 CEO and Co-Founder of Anthropic Dario Amodei 通过此次 Claude Cowork 更新，Anthropic 希望延续现有产品的增长势头，例如其 AI 编程工具 Claude Code，该工具过去一年在企业中得到广泛应用。 "工程师们已经把 Claude Code 当成不可或缺的工具，" 詹森说，"我们预计，每一位知识工作者未来都 会对 Cowork 产生同样的依赖。" Anthropic 为其面向知识工作者的工具 Claude Cowork 推出了一系列连接器与插件。 企业现在可将 Claude Cowork 与 谷歌云盘、Gmail、DocuSign、FactSet 对接。 今年以来，Anthropic 近期的产品发布已导致软件与网络安全股大幅下挫，因这些 AI 工具可能颠 覆相关商业模式。 上月曾震动华尔街的 Anthropic 旗下产品 Claude Cowork，现已迎来更大范围的正式发布。 这家人工智能初创企业于周二，为这款面向知识工作者的工具推出了一系列连接器与插件，企业可借此 大幅提升员工个人工作效能。 Anthropic 上月以研究性质推出了 ...

Nvidia (NVDA) turned plenty of heads last year when the company and OpenAI announced the framework of a multiyear deal worth potentially $100 billion. The deal would have seen OpenAI build up to 10 gigawatts of AI data centers using Nvidia technology, including its vaunted graphics processing units (GPUs). The deal, when announced, drew attention not only for its scope but also because it was seen as an example of Nvidia bolstering its own sales—essentially, providing OpenAI the funding it would need to ...

SAN FRANCISCO, Feb 24 (Reuters) - Artificial intelligence lab Anthropic on Tuesday unveiled 10 new ways for business customers to plug in its technology to key ‌areas of their work, weeks after other releases sparked an aggressive selloff ‌of traditional software company shares. The San Francisco-based startup said its plug-ins could now help with investment banking tasks ​like reviewing deals, wealth-management tasks such as portfolio analysis and human resource-related tasks such as making new-hire mate ...

证券研究报告 2026.02.11 人工智能十年展望（二十七）：越过"遗忘" 的边界，模型记忆的三层架构与产业机遇 SAC 执证编号：S0080518070011 SFC CE Ref：BOP246 于钟海 分析员 韩蕊 分析员 王之昊 分析员 SAC 执证编号：S0080523070010 SFC CE Ref：BXD683 rui.han@cicc.com.cn SAC 执证编号：S0080522050001 SFC CE Ref：BSS168 zhihao3.wang@cicc.com.cn 纵轴：相对值（%） 88 100 112 124 136 148 2025-02 2025-05 2025-08 2025-10 2026-01 沪深300 中金软件及服务 投资建议 大模型的演进史，本质上是一部与"遗忘"抗争的历史。当我们惊 叹于模型的推理能力时，往往忽视了一个重要短板：在缺乏记忆留 存的架构下，模型每一次对历史信息的处理，本质上都是一次昂贵 的"重复计算"。这种以高昂算力对抗遗忘的粗放模式，正面临着显 存墙与上下文窗口的物理极限。我们认为，2026 年及之后的AI Infra主战场将增加"模型记 ...

徐强 国泰海通分析师: 好的，各位投资者大家下午好，欢迎参加我们国泰海通电新团队春节不打烊的系列电话会 议。我是国泰海通的环保电新首席徐翔，今天我和我们孙潇浩孙老师一起给各位领导做去 做一些 AIDC 方面的汇报。明天就是这个第一个交易日了，那在此，我们国泰海通电新团 队祝大家开市大吉，业绩长虹。这个假期期间，我们围绕了 AIDC、太空算力、太阳翼、 锂电供应链，然后开展了一系列的这个电话会议和专家的这个交流。那这今天下午的电话 会议主要是汇报 A I D C 硬件端的这些投资机会。 然后同时，今天晚上我们还安排了这个卫星载荷的专家，然后来交流一下太空算力以及太 阳翼的这一方面的一个，这个投资内容。今晚 8 点，也欢迎大家这个就是按时接入。首先 我们一直从这个去年开始吧，去去年，24 年底，前年开始，就一直在推荐 AIGC 的这些投 资机会。市场，其实对于 IPC 的这些投资的持续性，持，一直是存，一直在质疑当中，这 个不断的这个提升预期的。那包括像现在。大家对于这个北美地区，像 Oracle 他们的一 个投资的持续性，以及北美这些算力是否存在泡沫，一直有比较大的一个争议。 但是，近期我们在在使用，包括像 O ...

Summary of Key Points from Conference Call Industry Overview - The conference call primarily discusses advancements in the AI industry, focusing on major companies such as Google, OpenTropic, Alibaba, and XAI, along with their product releases and market performance. Key Company Insights Google - **Gemini 3.1 Pro**: Achieved a historic high score of 77 in AICAGI ratings, doubling the capabilities of the previous GPT-3 model. It includes innovations like generating complex maps, simulating city operations, and enhanced programming capabilities, allowing literary works to be converted into code. The model's hallucination rate decreased from 88% to 50% [1][2][3]. - **Pricing Strategy**: The pricing for Gemini 3.1 Pro remains unchanged, reflecting Google's strategy of increasing value without raising prices, potentially accelerating future iterations [3]. OpenTropic - **Sunnet 4.6**: Launched as a cost-effective general-purpose model with performance comparable to high-end models. It supports management of million-token contexts and has shown significant improvements in code generation and tool usage capabilities. The model's score improved from 15 to 60 over two years [4]. - **Revenue Growth**: Expected to quadruple revenue in 2026 compared to 2025, indicating strong market demand [4]. Alibaba - **Qianwen 3.5 Plus**: Open-sourced with 397 billion total parameters and 17 billion active parameters. Its API pricing is approximately 1/18 of Gemini 3 Pro, with a reasoning speed 19 times faster. Since 2023, Alibaba has released over 400 models, achieving over 1 billion downloads [9]. - **Market Performance**: During the Spring Festival, Alibaba's promotional activities led to significant user engagement, with 1.3 billion shopping transactions completed [9]. XAI - **Grok 4.20**: Introduced a parallel agent mechanism that enhances accuracy and logic through discussions among models. It was the only profitable model in a simulated stock trading competition, achieving an average return rate of 10% and a maximum of 47% [6]. Zhiyun Technology - **Market Valuation**: The company's market value surpassed 300 billion RMB, with revenue expectations reaching 200 times the price-to-sales ratio. Following the release of GLM 5, domestic and international versions saw price increases of 30% and 100%, respectively [10][11]. Other Notable Developments - **Doubao**: Achieved significant user engagement during the Spring Festival, with 1.7 billion interactions and 500 million generated avatars. It has become a national-level application with strong marketing capabilities [7][8]. - **Market Competition**: Companies are actively engaging in advertising and promotional activities to capture a wider customer base, reflecting the competitive nature of the current market [13]. Conclusion - The AI industry is witnessing rapid advancements and competitive dynamics, with major players releasing innovative models and achieving significant user engagement. The focus on cost-effective solutions and enhanced capabilities is driving growth and market interest.