Day: March 2, 2026

Intuit has lost more than 40% of its market cap since the beginning of the year. It’s not alone. Many established SaaS players have seen their stock prices fall in recent months, including Adobe and IBM — the latter experiencing its most significant one-day drop (roughly $40 billion) with Anthropic’s announcement that Claude could now…

Despite political turmoil in the U.S. AI sector, in China, the AI advances are continuing apace without a hitch. Earlier today, e-commerce giant Alibaba’s Qwen Team of AI researchers, focused primarily on developing and releasing to the world a growing family of powerful and capable Qwen open source language and multimodal AI models, unveiled its…