Scale AI, Meta and Alexandr Wang
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OpenAI CEO Sam Altman took to the stand in front of Congress, testifying on the future of AI regulation at Capitol Hill. During his hearing, he spelled out the truth about the limits of how far we can take AI: "The cost of AI will converge to the cost of energy."
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Having an AI agent write code while still being able to make quick changes directly as a developer is key, GitHub CEO Thomas Dohmke said.
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant.
Sibley said the company has been leveraging AI across "every single department" to become more efficient, from the newsroom to legal and HR. The push for cost savings comes as Time Inc. laid off around 30 staffers in January 2024 and another 22 last August. Sibley cited industry headwinds at the time for the cuts.
After Nvidia CEO Jensen Huang’s recent dismissal of apocalyptic job-loss predictions, Google DeepMind CEO Demis Hassabis has also dismissed the pessimistic predictions made by Anthropic CEO Dario Amodei.
The HashiCorp acquisition and focus on regulated industries strengthen IBM’s hybrid cloud offering. Read why IBM stock earns a Buy rating.
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising entrepreneurs, raising funding from blue-chip venture capital firms and achieving billionaire status in his 20s.
Cognizant CEO Ravi Kumar argues AI will lower expertise barriers, creating more entry-level opportunities for recent graduates.
The British telecom giants earlier said it planned to cut up to 55,000 jobs by 2030. The company has turned to AI to reinvent its customer service operations.
Time CEO Jessica Sibley is embracing AI even as it's triggering a massive upheaval in the publishing industry. For the longtime media exec, it just makes better business sense to do so. "We want to have a seat at the table and be with these top executives,