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Michelle ChengInc.com |
Before leading OpenAI, Sam Altman was the president of Y Combinator, a startup accelerator that has launched companies including Airbnb, Instacart,...
When it comes to generative AI, the companies that come to mind are Google, Meta, and OpenAI. But don’t count Amazon out of the AI race.Read more...
After Taco Bell dropped its entire 2024 menu plan like it was a new iPhone release, you’d think the chain wouldn’t be too worried about being...
Warren Buffett’s holding company Berkshire Hathaway, which owns GEICO and Dairy Queen, sold off about 1% of its stake in Apple in the last quarter...
Amazon allegedly tricked users into buying more expensive products through the use of its “Buy Box,” according to a class action lawsuit filed...
It seems the stainless steel panels of the Tesla Cybertruck are not really stain “less,” and are turning out to be no less susceptible to stains...
Amazon executive chairman Jeff Bezos sold another 12 million shares of the e-commerce giant’s stock worth over $2 billion this past week, according...
OpenAI CEO Sam Altman wants to raise trillions of dollars to reshape the global semiconductor industry, The Wall Street Journal reported earlier this...
OpenAI made its big drop yesterday — releasing Sora, a text-to-video AI generator that can create realistic videos. Sora can generate both realistic...
As of today, Nvidia’s market capitalization—which stands at $1.88 trillion—has now surpassed both the market caps of Amazon ($1.75 trillion) and...
AI is indeed changing the labor market, see the flood of news articles on layoffs happening in part due to companies’ priorities shifting to AI. Now...
Nvidia has just overtaken Amazon for the first time in two decades as thefourth-most valuable US-listed company; now, it’s on track to surpass...
A lot of CEOs are highlighting AI initiatives on earnings calls with investors and analysts. Add Moody’s to the list.Read more...
Today (Feb. 13) OpenAI announced a new feature where ChatGPT users can now have the AI chatbot remember something specific from chats with it...
At the University of Pennsylvania, undergraduate students in its school of engineering will soon be able to study for a bachelor of science degree in...
ByteDance, SpaceX, and Shein—what do these companies have in common? They’re all “unicorns,” which refers to privately-backed companies with...
On Monday (Feb. 12), Nvidia — the AI chipmaker of choice for big tech and AI startups — sailed past Amazon in market value to become the fourth...
Just seven years after being founded, OpenAI’s annual run rate—a measure of one month’s revenue multiplied by 12—hit the $2 billion revenue...
In the slew of tech company earnings reports last week, companies such as Palantir and Arm pointed to how AI is increasing their revenue. And that...
OpenAI CEO Sam Altman wants to raise as much as $5 to $7 trillion on a new project that would boost the world’s chip-building capacity, the Wall...
With more than 2 billion voters expected to head to polls in 50 countries this year, the industry group Coalition for Content Provenance and...
A federal regulator said Thursday that the law banning unwanted calls made using artificial or prerecorded voices without the prior consent of the...
Arm, a UK-based chip designer whose technology can be found in smartphones and PCs, says AI demand is fueling revenue. “We are also seeing strong...
Google is coming for OpenAI. Read more...
Microsoft hasn’t had an ad in the Super Bowl since 2020. But this Sunday (Feb. 11), the company is buying a spot in front of the masses watching...
Uber has just reached its first annual profit since it IPO-ed in 2019, marking how the company is no longer pursuing growth at all costs over profits....
In the last three months of Dec. 2023, Palantir, a data management software company, which caters to military and intelligence agencies as well as...
Huawei, one of the biggest phone makers in the world, is reportedly prioritizing manufacturing AI chips, and slowing down production for the chips...
The one-time CEO of WeWork and capital providers, including Dan Loeb’s Third Point, have been exploring an offer to buy WeWork out of bankruptcy,...
Automation isn’t new—it’s been happening since the Industrial Revolution. But the latest version, generative AI, will probably impact highly...
Critics have been raising concerns about the energy consumption of the generative AI models that fuel chatbots like ChatGPT and Bard. But we’ve been...
After a piece of a Boeing 737 Max 9 jet tore off on Jan. 5, Boeing stock plunged nearly 10% that week. Then the shares sank again—more than...
It turns out weight-loss drugs are not just a US phenomenon.Read more...
A New York lawyer is facing possible disciplinary action for citing a fake case in court papers generated by AI, the latest hiccup for attorneys and...
In the last year, tech giants made massive cuts to their workforce, which didn’t just please investors — they led to sky-high profits. Meta, for...
We are one step closer to knowing what Apple is developing on the generative AI front.Read more...
Mark Zuckerberg is on a mission to make the metaverse happen. In the last three months ending Dec. 31, Meta’s Reality Labs division hit $1 billion...
OpenAI’s most advanced AI model, GPT-4, doesn’t pose a risk of helping people create biological threats, according to early research from the...
The last time the Federal Reserve cut interest rates was in March 2020, right before the global economy was turned upside down by a pandemic. And,...
More automakers want you to talk to your car.Read more...
Tech layoffs are happening—and Microsoft is no exception. But Microsoft’s bottom line is thriving. In the last three months ending Jan. 30, the...
United Parcel Services (UPS) plans to slash about 2%of its 500,000-person workforce. Most of the 12,000 job cuts will be full- and part-time...
Nvidia—which roughly translates to “envy” in Latin—has been having its AI moment. The chip maker’s stock is up almost 30% year-to-date,...
Last week, explicit AI-generated photos of Taylor Swift flooded X, marking the latest high-profile deepfakes and highlighting the challenge of...
When it comes to venture capital for computer chips, the gap between the US and China has never been wider.Read more...
Japan and Singapore enjoyed the shared distinction of having the most powerful passports in the world since 2019. But they’re not alone anymore....
There was a whole lot of excitement around the prospect of exchange-traded bitcoin funds a couple weeks ago, when the US Securities and Exchange...
Fears of robots taking over people’s jobs have been a recurring theme for centuries, and with recent advancements in AI, the anxiety has resurfaced....
Relationship chatbots are all the rage right now. Just look at the plethora of AI girlfriend bots that quickly flooded OpenAI’s GPT store after it...
It was only a matter of time before the US Federal Trade Commission (FTC), which regulates competition, decided to investigate big tech’s...
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