Our top 10 things to watch Tuesday, Sept. 23 — Matthew J. Belvedere wrote this morning’s newsletter with the help of Jeff Marks. 1. The S & P 500 was relatively flat Tuesday morning following a three-session winning streak. The index closed at a record high Monday, and so did the Nasdaq as tech stocks…
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute…
The Boring Co.’s lead architect has left the tunneling company founded by Elon Musk to join an autonomous transportation startup backed by investors including OpenAI co-founder Sam Altman. Stephen Skilbred, who since 2021 has worked at Boring, recently joined Glydways Inc., a representative for the South San Francisco-based developer of self-driving transit vehicles told Bloomberg…
Jakub Porzycki | Nurphoto | Getty Images OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending. Liberatore, who left xAI in July after just three months on the job, begins Tuesday, a company spokesperson told CNBC….
OpenAI and Nvidia, leading names in the tech industry, plan to announce substantial investments in UK data centers next week. This initiative, reported by Bloomberg News, coincides with a visit by U.S. President Donald Trump. The companies will collaborate with London-based Nscale Global Holdings, a notable player in the data center business, although Nvidia…
The Federal Trade Commission has started an inquiry into several social media and artificial intelligence companies, including OpenAI and Meta, about the potential harms to children and teenagers who use their chatbots as companions. On Thursday, the FTC said it has sent letters to Google parent Alphabet, Facebook and Instagram parent Meta Platforms, Snap, Character…
As artificial intelligence wipes out jobs and compounds the environmental issues faced on Earth, tech billionaires have been touting what they see as the jobs of the future: working in space. “In 2035, that graduating college student, if they still go to college at all, could very well be leaving on a mission to explore…
First it peddled the poison, and now it’s selling the cure. OpenAI announced that it’s launching a new AI-powered jobs platform next year that will use AI to match employers with potential candidates. Called the OpenAI Jobs Platform, the initiative will put it in direct competition with job juggernauts like LinkedIn, which has also been…
When asked to choose who he trusts more between Tesla CEO Elon Musk and OpenAI chief executive Sam Altman, AI “godfather” Geoffrey Hinton offered a different kind of answer. The choice seemed so difficult that Hinton didn’t use an analogy from science. Instead, he recalled a quote from Republican Senator Lindsey Graham, when asked to…
The scene opens confusingly. The camera zooms too close to the president’s face; the table at which the tech executives are seated seems far too long. Mark Zuckerberg is there, and Bill Gates and Tim Cook and Satya Nadella and Sam Altman and on and on, a baker’s dozen or so of Silicon Valley’s most…