John Schulman’s decision to leave OpenAI and join Anthropic, an AI startup funded by Amazon, marks a significant shift in the landscape of artificial intelligence research. Schulman, who had been a key figure at OpenAI, cited his desire to deepen his focus on AI alignment and return to hands-on technical work as the primary reasons
Enterprise
Elon Musk has once again taken legal action against Sam Altman, accusing the Tesla CEO of being manipulated into co-founding OpenAI. Musk claims that Altman and current OpenAI President Greg Brockman deceived him into believing that the artificial intelligence firm was a non-profit organization. However, after investing millions of dollars, Musk alleges that he was
With U.S. markets opening to a grim start on Monday, tech’s megacap companies collectively lost approximately $1 trillion in market cap, adding to the downward spiral that pushed the Nasdaq into correction territory just last week. Nvidia alone saw a staggering $300 billion wiped out in market cap at the opening bell, although it managed
The decision by the U.K. government to cancel £1.3 billion in computing infrastructure projects has dealt a significant blow to the country’s aspirations to become a global leader in artificial intelligence. Two major taxpayer-funded commitments, totaling £500 million and £800 million, have been scrapped in order to prioritize other fiscal plans. These initiatives, which aimed
The U.S. Department of Justice has initiated an investigation into complaints regarding Nvidia’s alleged abuse of its market dominance in artificial intelligence chips. The probe includes reaching out to Nvidia’s competitors, such as AMD, to gather information about the complaints. One of the key areas being looked into is whether Nvidia charges higher prices to
Meta shares experienced a significant surge of 6% following the release of their second-quarter earnings report. The company managed to exceed the expectations set by Wall Street, leaving analysts pleasantly surprised. Meta disclosed that their revenue for the period had increased by 22%, reaching an impressive $39.07 billion, up from $32 billion in the previous
Microsoft’s connection with OpenAI has taken a new turn as the tech giant now views the artificial intelligence startup as a competitor. Although Microsoft has been a major investor in OpenAI, pouring billions into the company and offering exclusive cloud services, the latest annual report lists OpenAI alongside other tech giants like Amazon, Apple, Google,
In a groundbreaking announcement, Uber and BYD have unveiled a strategic partnership that could revolutionize the landscape of ride-hailing services. The collaboration will allow drivers on the Uber platform to access exclusive pricing and financing deals for BYD’s electric cars, marking a significant step towards a more sustainable and environmentally friendly transportation ecosystem. Despite the
Russia is on the brink of a significant change in its financial policies as it considers legalizing the use of cryptocurrency for international payments. The State Duma is set to discuss a new law that would enable international transactions using cryptocurrencies. This move comes in response to Western sanctions that have put immense pressure on
Apple made headlines recently when it announced that its artificial intelligence models in Apple Intelligence were pretrained on processors designed by Google. This move raised eyebrows in the tech industry as it signaled a shift away from Nvidia, a dominant player in the training of cutting-edge AI models. Apple’s decision to use Google’s Tensor Processing