Cerebras poised to rejuvenate sluggish IPO market, despite looming risks
Cerebras could restart a stagnant IPO market, but clear risks abound You know the feeling. You turn the key, the engine hums, you’re about to hit the road…and then the car stops. That’s sort of what’s happened in 2024, as the scattered IPOs of companies like Reddit and Astera Labs inspired hope that IPOs were […]
Aflac’s CIO approaches generative AI with caution, but is still embracing the technology in innovative ways.
Why Aflac’s CIO won’t ever be first to market with generative AI—but is still finding ways to adopt the technology Aflac is embracing generative artificial intelligence, though the insurance company isn’t using the technology externally. At least, not yet. “Alfac is taking a more conservative approach,” says Shelia Anderson, chief information officer at the insurance […]
The Drama Surrounding Sam Altman’s Equity in OpenAI
Why Sam Altman owning equity in OpenAI is such a dramafest Will OpenAI CEO Sam Altman get a big stake in his company worth billions of dollars? If it were any other business, the answer would be a definite yes. Virtually every CEO, from day one, is awarded a large number of shares that could […]
Governor Newsom Vetoes Controversial AI Safety Bill in California
Controversial California AI safety bill vetoed by Gov. Newsom California legislation aiming to limit the most existential threats of artificial intelligence was vetoed by California Gov. Gavin Newsom today, following fierce debate within the tech community about whether its requirements would save human lives or crush AI advancement. The bill would have set a de […]
Mark Cuban cautions that U.S. must secure victory in AI race ‘or face dire consequences’
Mark Cuban warns U.S. must win AI race ‘or we lose everything’ Billionaire investor Mark Cuban warned the stakes couldn’t be higher for the U.S. in the global competition for leadership in artificial intelligence. In an interview on CNBC Thursday, he was asked if the federal government’s prioritization of certain investments as part of an […]
Sam Altman refutes claims of receiving equity in for-profit OpenAI
Sam Altman denies plan to give him equity in for-profit OpenAI OpenAI may be changing to a for-profit company, but according to CEO Sam Altman, that doesn’t mean he’s about to strike it rich. Altman told OpenAI employees in an all-hands meeting Thursday that there are no plans to give him a “giant equity stake” […]
There is only one person remaining in this iconic OpenAI photo
Only one person is left from this iconic OpenAI photo OpenAI is bleeding its top executives, and one picture shows just how stark the contrast has been in just over a year. Of the four OpenAI executives in the March 2023 photo featured above, two have left the company and one is on leave. CEO […]
ChatGPT maker’s CTO Mira Murati is departing from OpenAI
OpenAI CTO Mira Murati is leaving the ChatGPT maker OpenAI chief technology officer Mira Murati announced her resignation on Wednesday, a surprise change at the top of the influential AI company as it seeks to raise billions in new funding and undergoes a tumultuous transformation that has seen much of the old guard depart. Murati, […]
Interested in becoming a tech company? Start by prioritizing value
Want to be a tech company? Build with value in mind Listen in to any corporate conference call, whether the company is in retail or telecoms or finance, and there’s a good chance you will hear: “We need to be a tech company.” But what does that mean? For a start, here is what it […]
Salesforce CEO Marc Benioff compares Microsoft Copilot to the infamous ‘Clippy’
Salesforce CEO Marc Benioff says Microsoft Copilot is the next ‘Clippy’ During the PC boom of the 1990s, Microsoft introduced Clippy as a friendly face to help users hone their word-processing skills. An animated paper clip with round cartoon eyes and expressive eyebrows floating over a sheet of yellow legal paper, Clippy would frequently and […]