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Technology

OpenAI ex-employees worry about company’s control over their millions of dollars in shares

June 11, 2024 by Admin
OpenAI ex-employees worry about company’s control over their millions of dollars in shares

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images OpenAI plans to allow stakeholders to sell a portion of their shares every year, but the company, which has been valued at over …

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Here’s everything Apple just announced at WWDC24: Apple Intelligence, Siri with ChatGPT, iOS 18 and more

June 10, 2024 by Admin
Here’s everything Apple just announced at WWDC24: Apple Intelligence, Siri with ChatGPT, iOS 18 and more

Siri will tap into OpenAI’s ChatGPT and will be free ChatGPT integration with Apple iOS 18 announced for later this year during Apple’s WWDC2024 in Cupertino, California, on June 10, 2024. Source: Apple Inc. Apple announced that Siri can tap into OpenAI’s ChatGPT when needed. The company said it wanted …

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With EVs, Honda may be North America’s most committed automaker, for the moment

June 9, 2024 by Admin
With EVs, Honda may be North America’s most committed automaker, for the moment

The All-New, All-Electric Honda Prologue is on display at the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on November 24, 2023 in Los Angeles, California. While missing a host of brands, this year’s edition of the Los Angeles Auto Show debuted a range of new models.  …

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Best Buy and Microsoft score price-target hikes — plus, TJX plans to enter a new market

June 7, 2024 by Admin
Best Buy and Microsoft score price-target hikes — plus, TJX plans to enter a new market

Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. Here’s a closer look at the news and the implications for our investments. MSFT YTD …

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Apple faces pressure to show off AI following splashy events at OpenAI, Google and Microsoft

June 7, 2024 by Admin
Apple faces pressure to show off AI following splashy events at OpenAI, Google and Microsoft

Apple’s new Vision Pro virtual reality headset is displayed during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | Afp | Getty Images For years, Apple avoided using the acronym AI when talking about its products. Not anymore. The …

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Alphabet’s new CFO was in the middle of the GLP-1 boom. Now she’s onto generative AI

June 6, 2024 by Admin
Alphabet’s new CFO was in the middle of the GLP-1 boom. Now she’s onto generative AI

Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly Alphabet’s outgoing finance chief, Ruth Porat, spent the past year and a half trying to help her internet company navigate the generative artificial intelligence boom. The person who was just named her successor was knee-deep in …

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Top news app in U.S. has Chinese origins and ‘writes fiction’ with the help of AI

June 5, 2024 by Admin
Top news app in U.S. has Chinese origins and ‘writes fiction’ with the help of AI

Billing itself as “the go-to source for all things local,” Newsbreak says it has over 50 million monthly users. Carlos Barria Last Christmas Eve, NewsBreak, a free app with roots in China that is the most downloaded news app in the United States, published an alarming piece about a small town shooting. It was headlined “Christmas …

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Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI

June 4, 2024 by Admin
Elon Musk ordered Nvidia to ship thousands of AI chips reserved for Tesla to X and xAI

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. David Swanson | Reuters Elon Musk says he can grow Tesla into “a leader in AI & robotics,” an ambition that he’s said will …

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Nvidia dominates the AI chip market, but there’s more competition than ever

June 2, 2024 by Admin
Nvidia dominates the AI chip market, but there’s more competition than ever

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Tuesday, March 19, 2024.  David Paul Morris | Bloomberg | Getty Images Nvidia’s 27% rally in May pushed its market cap to $2.7 trillion, behind only Microsoft …

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Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

May 31, 2024 by Admin
Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market

One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder meeting in Omaha was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, …

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