The U.K. government has pushed back against Elon Musk’s recent comments regarding the riots occurring in several towns and cities across the country. The billionaire’s statement about the inevitability of civil war in response to the unrest sparked outrage, with Prime Minister Keir Starmer firmly rejecting Musk’s viewpoint. It is clear that the government views
Enterprise
John Schulman recently announced his decision to leave OpenAI, a company he co-founded, to join Anthropic, an artificial intelligence startup backed by Amazon. Schulman had been working at OpenAI since receiving his Ph.D. in computer science in 2016 from the University of California, Berkeley. His departure comes less than three months after OpenAI disbanded its
Elon Musk has recently filed a lawsuit against Sam Altman in a federal court, resurrecting claims that he was manipulated into co-founding OpenAI. Musk alleges that Altman and current OpenAI President Greg Brockman deceived him into believing the organization was a non-profit, only to later establish for-profit affiliates and engage in self-dealing practices. The lawsuit
The U.S. markets experienced a significant hit on Monday as tech giant companies collectively lost about $1 trillion in market capitalization. Nvidia, Apple, and Amazon were among the key players to suffer losses, with Nvidia shedding over $300 billion, followed by Apple with a $224 billion decline and Amazon with a $109 billion drop. This
The U.S. Department of Justice (DOJ) has launched an investigation into complaints against Nvidia, a leading provider of artificial intelligence (AI) chips. The complaints suggest that Nvidia may have abused its market dominance in the AI chip sector. According to a report by The Information, the DOJ has been in touch with Nvidia’s competitors, including
The recent decision by the U.K. government to cancel £1.3 billion worth of computing infrastructure projects has dealt a major blow to the country’s aspirations of becoming a global leader in artificial intelligence (AI). This move signifies a significant setback in the U.K.’s efforts to establish itself as a powerhouse in advanced technology. The government
In a surprising turn of events, Meta shares surged by 6% following the announcement of their second-quarter earnings report. The company revealed that their revenue for the quarter had increased by 22% to $39.07 billion, surpassing Wall Street’s expectations. This significant growth was attributed to a substantial increase from the $32 billion reported the previous
The relationship between Microsoft and OpenAI has taken a complicated turn, with Microsoft now listing the artificial intelligence startup as a competitor in its latest annual report. Despite years of partnership and significant investment from Microsoft, the inclusion of OpenAI on the list of competitors suggests a shift in dynamics. While Microsoft has been the
In a groundbreaking announcement, Uber and BYD have revealed a strategic partnership that will revolutionize the ride-hailing industry. This partnership is set to bring pricing and financing deals for BYD’s electric cars to Uber drivers in Europe and Latin America. Additionally, the two companies are working on developing “autonomous-capable vehicles” for Uber’s platform, highlighting a
Russia is currently facing ongoing financial pressure from Western sanctions, and as a response to this, the country is considering legalizing the use of cryptocurrency for international payments. This move comes as a significant shift from the Russian central bank’s previous stance on the technology. The State Duma, the lower house of the Russian Parliament,