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Source: OpenAI's initial board and Sam Altman's camp have agreed to conduct an independent investigation into the ouster of Sam Altman and i
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2023-11-22 07:16:29
By: milo
OpenAI says it has reached a deal in principle for Sam Altman to return as CEO, with Bret Taylor as Chair, Larry Summers, and Adam D'Angelo on th
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2023-11-22 06:27:09
By: milo
OpenAI says that it has reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce president Bret Tayl
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2023-11-22 06:12:21
By: milo
Nvidia expects strong growth in most regions to offset a "significant" drop in sales to China because of recently tightened AI chip rules (M
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2023-11-21 23:26:28
By: milo
Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1,
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2023-11-21 22:58:12
By: milo
The US FTC approves a new resolution to streamline investigations of cases where AI is used to break the law (Reuters)
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2023-11-21 22:21:22
By: milo
DOJ Charges Binance With Vast Money-Laundering Scheme and Sanctions Violations
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2023-11-21 21:56:13
By: milo
HP reports Q4 revenue down 6.5% YoY to $13.8B, vs. $13.8B est., Personal Systems revenue down 8% YoY to $9.4B, and Printing revenue down 3% YoY to $4.
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2023-11-21 21:52:08
By: milo
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B
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2023-11-21 21:44:30
By: milo
DOJ Charges Binance With Vast Money Laundering Scheme and Sanctions Violations
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2023-11-21 20:58:17
By: milo
EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disn
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2023-11-21 20:25:36
By: milo
LucidLink, which helps teams work on files without having to download or sync them, raised a $75M Series C and says it has nearly 5x ARR growth over t
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2023-11-21 18:45:53
By: milo
Microsoft Azure Confidential VMs Will Roll Out This December
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2023-11-21 18:28:24
By: milo
Tel Aviv-based generative AI startup AI21 raised a $53M Series C extension from Intel, Comcast, and others, taking the round to $208M and total raised
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2023-11-21 17:12:13
By: milo
Sources: 97%+ of OpenAI staff have signed the letter threatening to quit in board standoff; investors explore legal measures to force board to reverse
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2023-11-21 16:00:32
By: milo
IVC: in October 2023, VCs invested $325M in Israel across 120 deals, down from $1B across 232 deals in September 2023; sources blame the Israel-Hamas
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2023-11-21 14:27:12
By: milo
Both the US and China see advanced chip packaging, once an afterthought, as a path to higher performance; Intel says the US has just 3% of global capa
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2023-11-21 12:31:20
By: milo
A profile of Sam Altman, the AI industry's de facto ambassador despite lacking a scientific background; a source says "his superpower is get
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2023-11-21 12:10:22
By: milo
Filings: Tether deposited $1B+ with Britannia Financial, founded by a Tory donor later charged by the US with bribery, a rare look at its banking rela
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2023-11-21 11:35:30
By: milo
Epic v. Google: Tim Sweeney says Android is a "fake open platform"; under cross-examination, Sweeney admitted to paying a 30% cut to Sony, X
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2023-11-21 11:14:28
By: milo
Baidu reports Q3 revenue up 6% YoY to $4.8B and a $940M net income, both above est., as its new AI tools shield the company from China's econom
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2023-11-21 10:46:11
By: milo
Lyon-based Indy, which offers freelancers an all-in-one platform for accounting, business creation, and more, raised a €40M Series C led by B
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2023-11-21 06:48:34
By: milo
Epic v. Google: a Google exec confirms that Spotify pays no commission when users buy subscriptions via Spotify's payment system and 4% when they
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2023-11-21 06:08:29
By: milo
Microsoft isn't a clear winner in OpenAI chaos, as its $11B investment is in danger, building AI systems has reputational risks, and talent migh
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2023-11-21 03:58:53
By: milo
In a lawsuit, the US SEC accuses Kraken of commingling customer and corporate funds while operating as an unregistered broker, clearing agency, and de
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2023-11-20 23:31:07
By: milo
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