In a move that solidifies Microsoft’s involvement with OpenAI, the tech company has announced that it will now have a non-voting board seat at the startup. This development comes after a period of uncertainty for OpenAI, which saw its CEO Sam Altman being fired and then re-hired by the non-profit board. Microsoft’s interest in OpenAI
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Meta, the company behind social networking platforms like Facebook and Instagram, recently announced its new policies on political ads. In an effort to address concerns regarding misinformation and misleading content, Meta will now require advertisers to disclose their use of artificial intelligence (AI) to alter images and videos in certain political ads. This move by
Amazon has announced that it experienced “record-breaking” sales leading up to Cyber Monday, as consumers sought discounts amidst rising inflation. The company declared that this year’s holiday shopping event, which took place from November 17th to Cyber Monday, marked its “biggest ever” compared to the same 11-day period in the previous year. While exact sales
Shares of iRobot took a sharp dive, dropping by up to 19%, following a warning from the European Union’s (EU) antitrust watchdog regarding Amazon’s proposed $1.7 billion acquisition of the robotic vacuum cleaner manufacturer. This cautious approach by the EU highlights potential competition issues arising from the deal. The European Commission initiated an in-depth investigation
In a year marked by high interest rates and persistent inflation, many investors have sought refuge in fixed income products. However, experts are now suggesting that it may be time to reconsider these popular allocation strategies. A recent cooler-than-expected CPI print in October has given hope that the Federal Reserve might be nearing the end
When Formula One made its grand entrance into Las Vegas, it not only brought glitz and glamor comparable to Monaco, but it also unintentionally sparked a significant transformation in the lives of hospitality workers. In the days leading up to the F1’s opening ceremony, the Culinary and Bartenders Union successfully negotiated five-year contracts with major
The recent executive saga at OpenAI has sparked intense debates about who emerged as the winners and losers in this high-profile drama. While some experts argue that Microsoft and its CEO, Satya Nadella, emerged victorious, others believe that the board members who initially fired Sam Altman, only to have him return later, were the ultimate
The White House recently entered the realm of social media by launching accounts on Meta’s Threads service for President Joe Biden, Vice President Kamala Harris, the first lady, the second gentleman, and the White House itself. This move not only expands the White House’s online presence but also demonstrates a strategic shift towards engaging with
In a recent announcement, Microsoft CEO Satya Nadella unveiled that former OpenAI CEO Sam Altman will be joining Microsoft to lead a new advanced AI research team. This move comes as Microsoft continues to strengthen its partnership with OpenAI and bolsters its commitment to advancing artificial intelligence technologies. Microsoft has been a key investor in
Meta, formerly known as Facebook, has made a significant decision to disband its Responsible AI (RAI) division, signaling a notable shift in the company’s approach to artificial intelligence. According to a spokesperson from Meta, the majority of the RAI team members have been reassigned to the Generative AI product division, while others will now contribute