Open AI

Computer scientist Aleksander Madry is exiting ChatGPT’s parent company, OpenAI. "I want to share that I've decided to leave OpenAI. Needless to say, this was not an easy decision to make. I've spent almost three years at OpenAI and, let me tell you, it has been the experience of a lifetime...

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang used the company's Wednesday evening earnings call to deliver a clear message about the state of the AI boom: demand is not just strong, it has "gone parabolic." "This was an extraordinary quarter. Demand has gone parabolic," Huang said. "The reason is...

On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders...

Meta Platforms (NASDAQ:META) AI Chief, Alexandr Wang, has debunked rumors that the company’s SuperIntelligence Lab is staffed with top AI researchers who were poached from rival companies with lucrative pay packages. On the “Core Memory” podcast with tech...

Wall Street has spent months worrying that Oracle Corp (NYSE:ORCL) is borrowing too aggressively to fund its AI ambitions. Wedbush analyst Dan Ives thinks the market may be looking at the story backward. Ives raised his price target on Oracle to $275 from $225 this week, implying more than 40%...

Anthropic on Tuesday unveiled expanded legal tools for Claude Cowork, enabling law firms to connect existing software and automate complex legal tasks at scale. The release integrates platforms including Thomson Reuters‘ Westlaw, CourtListener, Definely, Courtroom5, Box and OpenAI-backed...

On Tuesday, OpenAI CEO Sam Altman took the stand in an Oakland federal courthouse in the Musk-Altman trial. Over more than three hours of questioning from both sides, Altman reportedly addressed the key allegations at the heart of the case. Elon Musk's lawsuit alleges that Altman and OpenAI...

OpenAI is acquiring a consulting firm to support a new private equity-backed joint venture aimed at helping companies deploy artificial intelligence at scale. The venture, majority-owned and supported by more than $4 billion in capital, will launch alongside the acquisition of AI consultancy Tomoro...

The AI chip trade is getting a new public-market name this week.  Cerebras Systems is expected to price its IPO on Wednesday, with shares potentially beginning to trade on Nasdaq under the ticker CBRS as early as Thursday, subject to final pricing and the registration statement becoming...

Daniel Newman, CEO of The Futurum Group, praised Nvidia Corp. (NASDAQ:NVDA) for its strategic investment approach, despite concerns about an AI bubble. Newman took to X on Sunday to laud the tech giant for using its free cash flow to invest in the ecosystem that will enable it to grow larger...

The U.S. Army's outgoing chief information officer Leonel Garciga said that the main obstacle to military modernization is not the technology itself, but getting soldiers and civilians to adapt to new tools, as the Army continues accelerating its adoption of AI. ‘Let’s Break Some Glass...

One of the hottest private companies is software giant Databricks, recently valued at $134 billion. The growth of the company's valuation could help explain why retail investors are rushing to new offerings that give them exposure to pre-IPO companies.   Robinhood Venture Fund Sees Huge Demand...

Shivon Zilis, partner of Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, shed light on her role on the board of OpenAI and the potential funneling of information to Musk. On Wednesday, Zilis was interrogated about her possible role in passing information to Musk while serving on OpenAI’s...

For years, Nvidia Corp‘s (NASDAQ:NVDA) dominance in artificial intelligence looked nearly untouchable. The company became the backbone of the global AI boom, powering everything from OpenAI models to hyperscale data centers. But China may now be attempting something much bigger than building...

OpenAI‘s exodus continues as two senior officials departed, including head of private equity Paul Zimmerman, who joined Alphabet Inc.‘s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) as Managing Director and Global Head of Private Equity after just over a year at the company, according to his...