Enterprise

The British government has taken a significant step towards enhancing AI safety measures by expanding its AI Safety Institute to the United States. This move signifies the government’s commitment to tackling the risks associated with advanced AI models on a global scale. By opening a counterpart to its AI safety summit in San Francisco this
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Tesla, the electric-vehicle maker, recently announced that it would be cutting approximately 600 more employees at its manufacturing facilities and engineering offices across California. This decision is part of a larger restructuring effort by the company to streamline operations and improve efficiency amidst weakening demand for its electric vehicles and increased competition in the market.
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OpenAI co-founder Ilya Sutskever recently announced his departure from the Microsoft-backed startup in an X post. Sutskever expressed his excitement for the next chapter of his career, hinting at a project that holds personal significance. This news comes in the wake of a leadership crisis within OpenAI, involving co-founder and CEO Sam Altman. Following an
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SoftBank, a prominent tech investment company, recently reported a gain of 724.3 billion Japanese yen ($4.6 billion) in its Vision Fund for the fiscal year ended in March. This marks a significant turnaround for the flagship tech investment arm, as it has not been in the black since 2021. The Vision Fund segment posted a
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