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Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
OpenAI Foundation outlines $1 billion push, expands leadership teamOpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed...
OpenAI raises $110 billion from Amazon, Nvidia, Softbank at post-money valuation of $840 billionThis is the largest funding round for any AI startup to date. Led by Amazon, with participation from Nvidia and SoftBank, the deal undersco...
Bill Gates to skip AI Summit keynoteMicrosoft founder Bill Gates will not deliver his scheduled keynote address at the ongoing AI Impact Summit, organisers said on Thursday. T...
India can lead AI tech revolution with right playbook: Romesh WadhwaniIndia must accelerate its AI strategy across consumer, business, and government fronts to lead the AI revolution, says Romesh Wadhwani. He ...
Eric Schmidt, the 70-year-old former Google CEO, accused by 31-year-old ex-girlfriend Michelle Ritter for stalking, abuse. Here's all about the former Google CEO and billionaire’s ‘toxic’ love triangleA former partner of ex-Google CEO Eric Schmidt has filed a lawsuit. Michelle Ritter accuses the billionaire of stalking and abuse. Their fi...
CEO Anand Srinivasan credits Perplexity’s wide reach to MrBeast, reveals the vital marketing tactic YouTube star shared to connect with the massesPerplexity’s rise in the AI landscape owes much to an unlikely mentor; YouTube star MrBeast. In an interview with Semafor, CEO Anand Sriniv...
Apple Paper questions path to AGI, sparks division in GenAI groupApple's study reveals that current AI models mimic intelligence without true understanding. This has divided the AI community. Some experts...
OpenAI names members to its nonprofit commissionOpenAI, which last month said it would raise up to $40 billion in a new funding round valuing the company at $300 billion, named Daniel Zin...
Bill Gates would have been a trillionaire today if he hadn't done this; here's where his majority stock holdings areBill Gates is currently one of the biggest philanthropists in the world and his foundation is still thriving on some of the magnificent inv...
In the age of AI, how much is Silicon Valley prepared to give back?Silicon Valley's efforts to give to those in need has propelled the idea of a guaranteed income -- also known as cash transfers, unconditio...
Steve Ballmer is richer than Bill Gates, a first for Microsoft billionairesSteve Ballmer surpassed Bill Gates to become the sixth-richest person globally, as Microsoft shares hit a record high, gaining 21% this yea...
Warren Buffett donates record $5.3 bln Berkshire sharesWarren Buffett is donating another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charitie...
OpenAI's Sam Altman pledges to donate over half of his fortunesThe move comes after a tumultuous six months for Altman, the co-founder of the San Francisco-based company behind ChatGPT and a venture cap...
OpenAI partners with American Journalism Project to support local newsOpenAI is committing $5 million to the American Journalism Project (AJP) under a partnership that will look for ways to support local news ...
Inside the white-hot center of AI doomerismAt long cafeteria tables dotted with Spindrift cans and chessboards, harried-looking engineers are putting the finishing touches on Claude'...
VC investor Reid Hoffman is on a mission to show AI can improve humanityIn recent months, Hoffman has engaged in an aggressive thought-leadership regimen to extol the virtues of AI. He has done so in blog posts,...
ChatGPT finds a new admirer, Bill Gates in awe of chatbot's empathetic ability & intelligence quotientThe billionaire wants to use AI to transform philanthropy, health & education.
The AI arms race highlights the urgent need for responsible innovationThere is a persistent tension between financial valuation and moral values in the tech industry. Responsible innovation initiatives were es...
How the collapse of Sam Bankman-Fried's crypto empire has disrupted AIAfter FTX's sudden collapse, a leaked balance sheet showed that Bankman-Fried and his colleagues had fed at least $500 million into Anthrop...