Microsoft secures non-voting board seat at OpenAI

Sam Altman, chief executive officer (CEO) of OpenAI and inventor of the AI software ChatGPT, joins the Technical University of Munich (TUM) for a panel discussion.  Sven Hoppe | Picture Alliance | Getty Images Microsoft will have a non-voting board seat at OpenAI, the company announced on Wednesday. The move quells some of the remaining … Read more

Salesforce (CRM) Q3 earnings report 2024

Marc Benioff, CEO of Salesforce, participates in a conversation on AI and the Future at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 16, 2023.  Andrew Caballero-Reynolds | AFP | Getty Images Salesforce shares rose 7% in extended trading on Wednesday after the cloud software vendor reported fiscal third-quarter earnings … Read more

Amazon announces Q, an AI chatbot for businesses

Amazon Web Services CEO Adam Selipsky speaks at the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Images Amazon on Tuesday announced a new chatbot called Q for people to use at work. The product, announced at Amazon Web Services’ Reinvent conference in Las Vegas, represents … Read more

In OpenAI fallout, open source AI could be among the big tech winners

The Hugging Face website on a laptop arranged in New York, US, on Thursday, Aug. 17, 2023. Nvidia announced a partnership with Hugging Face, a popular developer of AI models and data sets, that will add a training service to its website that uses Nvidia DGX Cloud, allowing users to tap the chipmaker’s servers to … Read more

Sam Altman’s back. Here’s who’s on the new OpenAI board and who’s out

Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023. Jack Guez | Afp | Getty Images After a weekend of crisis and tumult, Sam Altman has … Read more

OpenAI brings Sam Altman back as CEO days after ouster

OpenAI CEO Sam Altman speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California.  Justin Sullivan | Getty Images Sam Altman will return as CEO of OpenAI, the startup said early Wednesday morning on X, formerly known as Twitter. The move follows immense pressure from employees and investors on the board … Read more

Microsoft announces new AI features for Outlook, PowerPoint, Teams

Satya Nadella, CEO of Microsoft CNBC Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. In the year since Microsoft-backed OpenAI introduced the popular ChatGPT virtual assistant, companies have expressed interest in how AI might make their workers more efficient, and several … Read more

Former Apple designers at Humane launch hands-free AI-powered pin

Humane, a five-year-old artificial intelligence startup founded by former Apple designers Imran Chaudhri and Bethany Bongiorno, announced its first product on Thursday — a $699 pin you wear on your lapel. The Humane AI Pin is designed to replace your smartphone, allowing the user to make calls, send texts and look up information through voice … Read more

Jamie Dimon’s trades show the benefit of tracking insider buying, selling

For the first time in nearly two decades running JPMorgan Chase, CEO Jamie Dimon will voluntarily sell stock in the bank. The disclosure, in a securities filing Friday, detailed next year’s planned sales — pressuring JPMorgan (JPM) shares and the Dow Jones Industrial Average and highlighting why tracking trades made by executives involving the companies … Read more

Amid AI buzz, big US tech giants add $2.4 trillion in market cap

CFOTO | Future Publishing via Getty Images U.S. tech giants added $2.4 trillion to their market capitalizations in a year defined by the hype around generative artificial intelligence, according to a new report from venture capital firm Accel. Accel, in its annual Euroscape report, said the share price values of big technology firms such as … Read more