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OpenAI says it needs ‘more capital than we’d imagined’ as it lays out for-profit plan

OpenAI says it needs ‘more capital than we’d imagined’ as it lays out for-profit plan

Technology News

Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023.  SeongJoon Cho | Bloomberg | Getty Images OpenAI said Friday that in moving toward a new for-profit structure in 2025, the company will create a public benefit corporation to oversee […]

OpenAI says it needs ‘more capital than we’d imagined’ as it lays out for-profit plan Read More »

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom

Technology News

Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained

Larry Ellison wraps up banner year as Oracle’s stock rallies most since dot-com boom Read More »

Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

Technology News

U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a

Silicon Valley’s White House influence grows as Trump taps tech execs for key roles Read More »

House Democrats say GOP caved to Musk in funding bill, protecting his China interests

House Democrats say GOP caved to Musk in funding bill, protecting his China interests

Technology News

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024.  Benoit Tessier | Reuters House Democrats Jim McGovern of Massachusetts and Rosa DeLauro of Connecticut say their Republican colleagues in Congress caved to the demands of Elon Musk, sinking a

House Democrats say GOP caved to Musk in funding bill, protecting his China interests Read More »

Tesla shares drop 5%, continuing to slide as post-election rally loses steam

Tesla shares drop 5%, continuing to slide as post-election rally loses steam

Technology News

Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant.  Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric car maker’s blistering post-U.S. election rally. As of around 6

Tesla shares drop 5%, continuing to slide as post-election rally loses steam Read More »

Health AI startup Suki expands partnership with Google Cloud to deliver more assistive tech for clinicians

Health AI startup Suki expands partnership with Google Cloud to deliver more assistive tech for clinicians

Technology News

Health-care artificial intelligence startup Suki on Wednesday announced a new collaboration with Google Cloud as part of its push to expand beyond clinical documentation.  Through the partnership, Suki is building patient summary and Q&A features using Google Cloud’s Vertex AI platform, which allows developers to train, tune and deploy different AI models and applications.  Suki’s

Health AI startup Suki expands partnership with Google Cloud to deliver more assistive tech for clinicians Read More »

UK kicks off review into training AI models on copyrighted content

UK kicks off review into training AI models on copyrighted content

Technology News

On Dec. 9, OpenAI made its artificial intelligence video generation model Sora publicly available in the U.S. and other countries. Cfoto | Future Publishing | Getty Images The U.K. is drawing up measures to regulate the use of copyrighted content by tech companies to train their artificial intelligence models. The British government on Tuesday kicked

UK kicks off review into training AI models on copyrighted content Read More »

PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

Technology News

Jaque Silva | Nurphoto | Getty Images Temu, the popular e-commerce app owned by China’s PDD Holdings, topped Apple’s list of the most downloaded free apps on its U.S. iOS store for the second year running, highlighting the massive success that Chinese apps are enjoying in the world’s largest consumer market. ByteDance’s TikTok came in

PDD’s Temu app tops U.S. iOS downloads for second year running amid greater scrutiny of China companies Read More »

Waymo to begin testing in Tokyo, its first international destination

Waymo to begin testing in Tokyo, its first international destination

Technology News

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Paresh Dave | Reuters Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company’s first step toward international expansion.  Waymo hasn’t committed to start commercial service in Tokyo yet,

Waymo to begin testing in Tokyo, its first international destination Read More »

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