OpenAI has long been the leader for paid usage by U.S. businesses, but Anthropic has closed the gap with tools like Claude Code and Cowork 🤖
This graphic explores the share of U.S. businesses paying for AI models from different providers, with the data from Ramp. Source: Visual Capitalist
OPENAI AND MICROSOFT $MSFT JUST ANNOUNCED AN AMENDED PARTNERSHIP AGREEMENT
Here's what changes: ➡️ Microsoft will no longer pay a revenue share to OpenAI ➡️OpenAI can now serve its products to customers across any cloud provider ➡️Microsoft continues to participate in OpenAI's growth as a major shareholder and retains a license to OpenAI IP through 2032 ➡️Revenue share payments to Microsoft continue through 2030 Source Reuters / Evan on X
Don't be Yahoo
Source: naiive
Dollar Use in Global Trade Rose to New Highs Amid War, Swift Says
Source: Bloomberg
Trump's message is simple: A deal happens on his terms, or it doesn't happen at all.
"A DEAL WILL ONLY BE MADE WHEN IT'S APPROPRIATE AND GOOD FOR THE UNITED STATES." "I am possibly the least pressured person ever. I have all the time in the World, but Iran doesn't. The clock is ticking!" Trump says "the clock is ticking" for Iran and he has "all the time in the world" to make a deal. Says Iran's navy is "at the bottom of the sea," air force is "demolished," leaders are "no longer with us," and the blockade is "airtight."
Japan's core inflation accelerated for the first time in five months, rising to 1.8% in March (versus +1.6% seen in February) as the Iran war fuels worries around energy prices.
The Core CPI number is matching forecasts and is staying below BOJ’s 2% target for a second month. Headline inflation came in at 1.5%, compared with 1.3% in February, staying below the central bank’s 2% target for a second straight month. The so-called “core-core” inflation rate, which strips out prices of both fresh food and energy, dipped to 2.4% from February’s 2.5%, marking its lowest level since October 2024. Rising oil prices have prompted government subsidies to cap gasoline costs, though these may be expensive to sustain. Analysts warn prolonged high energy prices could push core inflation toward 3%, while weakening household purchasing power. The Bank of Japan is expected to hold rates steady for now but maintain a bias toward future hikes as inflation expectations rise and economic risks persist. Source: CNBC
Meet the first clear casualty of AI disruption: Chegg.
Once a go-to platform for homework help and textbook rentals, it’s now in steep decline—its stock has collapsed nearly 99%, trading under $1 with a market cap around $100 million. Revenue has fallen dramatically from its 2022 peak, signaling a rapid unraveling of its core business. The shift is simple: tools like ChatGPT didn’t just compete with Chegg—they made it obsolete. When students can get instant, high-quality answers for free (or far less), the old model struggles to survive. This isn’t just one company’s story—it’s a turning point where AI disruption became real, fast, and unforgiving. So the real question is: who’s next?
Bitcoin Breaking – And Nobody Cares (Yet)
The BTC vs NDX gap is the widest we have seen in a very long time. Source: TME
