Google has reportedly launched a new AI-focused venture capital program

Google has launched a new venture capital program focused on artificial intelligence, Axios is reporting. Google declined to comment on the report, which states that the initiative will be led by longtime Google VP of engineering Anna Patterson and involve a rotating cast of engineers instead of the venture investorswho work forAlphabet Inc.s corporate venture…

Credit Suisse Sees Rays of Earnings Light in S&P 500 Forecasts

For all the fretting about the recession in U.S. corporate profits, second-quarter results are providing at least one reason for optimism, according to Credit Suisse Group AG. Its the number of companies raising forecasts for coming quarters, a ratio that has jumped toward a 12-year high. Nearly 90 percent of companies in the S&P 500…