Bharath Kadaba, Chief Innovation Officer at Intuit, discusses the company's use of Amazon Web Service for the implementation of it artificial intelligence and machine learning products. He also discusses how the software company aimed at small businesses will handle tax reform should there be a rewrite of the tax code.
Kadaba discusses leveraging AWS infrastructure as the technology within its products, including TurboTax, Quickbooks and Mint, continues to grow. Recently, Intuit launched Quickbooks Assistant, which makes use of A.I. so that companies can more easily automate financial payments.
Kadaba notes that, as the U.S. government readies a rewrite of the tax code, the company is also planning a revamp of its software to change programs like TurboTax, if necessary.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
