Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised …
David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on Jan. 7, 2024 in Beverly Hills, California. Kevin Winter | The Hollywood Reporter | Getty Images David Ellison is making good on his promises. A little more than a month into his …
Five years after its splashy $1.3 billion acquisition of Zoox, Amazon has officially entered the U.S. robotaxi race, which to date has been dominated by Alphabet’s Waymo. Zoox’s first public launch kicks off Wednesday on the Las Vegas strip. The company is offering free rides from a few select locations, …
Meta CEO Mark Zuckerberg offered $100 million signing bonuses to top OpenAI employees. David Paul Morris | Bloomberg | Getty Images The artificial intelligence arms race is heating up, and as tech giants scramble to come out on top, they’re dangling millions of dollars in front of a small talent …
Salesforce on Wednesday reported better-than-expected second quarter results, but the stock sold off in extended trading due to concerns about soft third-quarter revenue guidance and lack of upside in the full-year outlook. Revenue in its fiscal 2026 second quarter rose 10% year over year to $10.24 billion, topping expectations of …
Brad Lightcap, Chief Operating Officer at OpenAI, attends a conference at the Cannes Lions International Festival of Creativity in Cannes, France, June 20, 2023. Eric Gaillard | Reuters Sam Altman needed someone to manage the finances. It was 2018, and OpenAI was still a nonprofit research outfit with 40 employees, …
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome …
Jaque Silva | Nurphoto | Getty Images Jeff Wang got a big promotion last month. There were lots of tears, but not the happy kind. The 39-year-old was unexpectedly named interim CEO of artificial intelligence coding startup Windsurf. The company had been in discussions with OpenAI about a potential acquisition …
Judy Faulkner, founder and chief executive officer of Epic Systems Corp., during the Forbes Healthcare Summit in New York, Dec. 5, 2023. Michael Nagle | Bloomberg | Getty Images Do not go public. Do not acquire or be acquired. Software must work. These are the first three of the 10 …
Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT. Now, three years later, he’s chasing where the real money is: Enterprise. Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying …
