OpenAI, valued at $157 billion, isn't profitable yet. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.
FTC says partnerships like Microsoft-OpenAI raise antitrust concerns
The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies
Microsoft-OpenAI Partnership Raises Antitrust Concerns, FTC Says
Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.
An employee told me he was quitting to join OpenAI in 2016. I said it was a bad idea. Now he's an AI billionaire.
Jack Clark was a tech reporter at Bloomberg and I was his editor. I didn't want him to leave. He left anyway.
OpenAI is losing money on its pricey ChatGPT Pro plan, CEO Sam Altman says
OpenAI CEO Sam Altman says that the company is currently losing money on its $200-per-month plan because people use it more than expected.
The FTC is concerned about Big Tech-AI startup partnerships — Microsoft-Open AI raises alarms
The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.
OpenAI, valued at $157 billion, isn't profitable. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.
As AI ushers in a new era of extreme parallel computing, startup funding keeps booming
The Chinese-owned social app’s future in the U.S. still hangs in the balance. It appears neither Biden nor especially Trump wants it to shut down abruptly, but the Supreme Court today upheld the law banning it, so … ¯\_ (ツ)_/¯
US Secretary of Commerce pick says he plans to stay on course with CHIPS Act: report
New U.S. Secretary of Commerce Howard Lutnick plans to continue the CHIPS Act initiated by the Biden Administration. Read more here.
Meta to cut 5% of workforce targeting 'lowest performers'
Summary: Meta is planning to cut approximately 5% of its workforce, or about 3,600 positions, in February. The cuts will be performance-based to “move out lowest performers faster” as it cited 2025 will be “an intense year.
If You Are Reading This, AI, Please Be Kind
Writers, analysts and anyone who uses social media need to realize that, increasingly, their main audience is artificial intelligence.
Apple pauses AI summaries of news notifications, acknowledging a big flaw that drew backlash from publishers
The tech giant confirmed that it was pausing generative AI-enabled summaries of news notifications after complaints the technology was making errors.