OpenAI CEO Sam Altman has relinquished direct oversight of the companyâs safety and security teams so he can focus on raising capital, supply chains and âbuilding datacenters at unprecedented scale,â he told staff on Tuesday. At the same time, he said the company had completed the initial development of its next major AI model, codenamed Spud, and would wind down the Sora AI video mobile app, which employees had complained... Read more âș
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Shares of multiple business software providers, including Salesforce, Atlassian and HubSpot, all saw significant declines after The Information reported that Amazon Web Services is developing AI that automates sales, business development and other internal functions. This is the latest sign ... Read more âș
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Meta Platforms and OpenAI said Tuesday they will purchase an AI server chip produced by Arm, which previously only helped other companies design such chips. SoftBank-owned Arm said later this year it will produce a central processing unit that can handle AI tasks more efficiently than graphics ... Read more âș
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Meta Platforms has tapped chief technology officer Andrew Bosworth to oversee its transition into an AI-first organization, according to a report by The Wall Street Journal. Bosworth will lead the companyâs AI for Work initiative, part of a broader push to improve Metaâs efficiency through the ... Read more âș
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Something curious is happening with AI coding agents. Developers have started telling me theyâre asking these coding agents to take on different personas so they behave like more of a team than an individual programmer.For instance, a developer creating a software product feature will first tell their AI coding productâwhether it be Gemini or Codexâto act as a âproduct managerâ that creates a document outlining what the feature is meant... Read more âș
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Amazon Web Services is developing AI to automate functions in its sales, business development and other groups where it recently laid off hundreds of employees or even more. For instance, AWS has been developing an AI agent that helps its sales employees provide customers with fast answers to technical questions, according to two people who have used it. The agent handles some of the work of thousands of AWS technical... Read more âș
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When invading a hostile territory or testing a new AI service, itâs best to move quietly and steal a march on your opponents. Google appears to have learned that lesson. Itâs now possible, if youâve got its latest Pixel or Samsung phones, to ask the Gemini app to order an Uber or a meal on DoorDash. I tried it today and it worked flawlessly, if slowly. (I ordered paper towels... Read more âș
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Leonid Radvinsky, who bought a majority stake in OnlyFans in 2018, died of cancer Monday. The 43-year old billionaire owned Fenix International, the London-based parent company of OnlyFans, a subscription site best known for hosting sexually explicit creators and content. Before his death, he ... Read more âș
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OpenAI CEO Sam Altman said Monday he would leave the board of fusion startup Helion Energy, a company he has backed since 2015. OpenAI is in talks to buy electricity from Helion Energy, according to Axios. âAs Helion and OpenAI start to explore working together at significant scale, it is ... Read more âș
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Meta Platforms has hired the founders and team behind artificial intelligence agent startup Dreamer. Dreamer co-founders Hugo Barra, David Singleton, and Nicholas Jitkoff will join Metaâs Superintelligence Labs group, Singleton announced in a post on X. As part of the move, Dreamer will license ... Read more âș
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U.S. senators are introducing bipartisan legislation to ban prediction markets from offering sports-related contracts, the first bill seeking to regulate fast-growing platforms like Kalshi and Polymarket US. Democratic Senator Adam Schiff of California and Republican Senator John Curtis of Utah ... Read more âș
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Nvidia faces growing competition in the AI chip market. But the chip designer has found a way to make money even from its rivalsâ chips. During its annual GTC developer conference last week, the company unveiled a new server rack designed to run chips made either by Nvidia or by its rivals. The new racks include networking technology that connects the chips on each rack, ensuring that they can communicate... Read more âș
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Software engineers embracing the AI coding revolution donât have much loyalty to any particular coding tool, especially when a new, better one comes out. In the latest example of that, hundreds of engineers at Notion, a maker of popular task-management software, are abandoning coding tool Cursor for Anthropicâs Claude Code and OpenAIâs Codex, according to a person involved in the change.The switch at Notion is part of a broader trend,... Read more âș
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OpenAI is hiring former Meta Platforms ad executive Dave Dugan as vice president in charge of global ad solutions, Dugan announced Monday on LinkedIn. Dugan had spent more than a decade as an ad sales executive at Meta. Duganâs hiring comes as OpenAI is trying to scale its ads business, which ... Read more âș
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OpenAIâs abrupt shopping pullback earlier this month didnât just raise questions about its decision-making. It also affected several commerce and payments firms, including PayPal and Etsy, that have put in work to help the ChatGPT maker expand the high-profile shopping venture and are now in limbo as it sorts out whatâs next. And in the case of PayPal, it had also announced spending money on OpenAIâs technology as part of... Read more âș
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Chinese robotics startup Unitree, one of the worldâs largest humanoid makers, has filed for an initial public offering in Shanghai, looking to raise 4.2 billion yuan ($610 million). In the filing submitted on Friday, Hangzhou-based Unitree disclosed that its operating revenue last year more than ... Read more âș
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Memo to software executives: Now is the time to radically reduce the amount of stock you give employees. That would win you some favor with investors, whoâve generally gone off your sector thanks to worries about the threat posed by AI. Even if those concerns are overblown, cutting costs in the face of a major disruption is a smart idea.Itâs no secret that software companies overdo stock compensation compared with... Read more âș
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Elon Musk said Tesla and SpaceX will build a âTerafabâ together in Austin that will design and manufacture semiconductors for both companies, though he did not provide a timeline for the project. The factory, located near Teslaâs current Austin headquarters, will eventually produce two series of ... Read more âș
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This year hasnât lived up to the high expectations of the bankers and lawyers that advise tech companies on acquisitions. One major culprit is fear of AI-driven irrelevance, which has paralyzed corporate CEOs, according to some bankers and lawyers gathered in New Orleans for the annual Tulane Corporate Law Institute conference. âI have a lot of clients who are not doing M&A right now because of all the uncertainty around... Read more âș
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As OpenAI prepares to open up ad sales to more marketers next month, it is trying to address what some advertisers say was lacking in the initial ad sales offering. Among other things, the ChatGPT creator is planning to streamline the process of ad buying, either in partnerships with ad tech firms or with its own ad management system. So far, advertisers that bought the first ad campaigns on ChatGPT... Read more âș
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06.05.2026 10:08
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