A mere six months ago today, OpenAI released ChatGPT. Since then, it’s been a dizzying AI ride: The “interactive, conversational model” became the talk of the AI community within days and a global cultural phenomenon within weeks. In a new, …
According to a recent survey conducted by automation software firm UiPath, a substantial majority of workers (approximately 60%) believe that AI-powered automation solutions can mitigate burnout and significantly improve job satisfaction. Moreover, 57% of the respondents expressed a more positive perception of employers that integrate business …
Microsoft CEO Satya Nadella said during a taped interview with CNBC’s Andrew Ross Sorkin that what scares him most about artificial intelligence is “the entire society” has to come together to “maximize the opportunity and mitigate the dangers” of the technology, “We …
No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot — trying to override its safeguards so it could blurt out something unhinged or obscene. But now its maker, OpenAI, and other major AI providers such …
It was in late March that Silicon Valley decided that it’s no longer shameful to accept massive investment dollars from Saudi Arabia. “The more I think about it, the more Saudi almost feels like a startup,” Adam Neumann, the WeWork …
Climate change is on the minds of consumers and businesses across the globe. It has become increasingly important for businesses to not only commit to environmental, social and governance (ESG) practices but to be able to quantify the impact of those commitments. …
Some venture capitalists are nurturing small upstarts amid the ongoing crypto winter. Zoom in: Rarely as of late is the venture capitalist making it rain on the crypto sector. Rather, investments are small and are going to smaller operations whose missions …
The job cuts in tech land are piling up, as companies that led the 10-year bull market adapt to a new reality. In January, Google announced plans to lay off 12,000 people from its workforce, while Microsoft said it’s letting go of 10,000 employees. Amazon also began a fresh …
Dan Primack, business editor at Axios, joins ‘Squawk Box’ to discuss how much venture capital money is ready to fund A.I. projects, the mindsets of venture capitalists towards their investments, and more.
Fundraising by venture-capital firms hit a nine-year low in the fourth quarter, as the macroeconomic pressures that already weighed on technology startups began to affect the investors who underpin the industry. Venture firms raised $20.6 billion in new funds in the fourth …
America’s safe harbor could be closing for “unicorn” companies, which currently aren’t required to provide investors with audited financial statements. Driving the news: SEC Commissioner Caroline Crenshaw, a Democrat nominated by former President Trump, said in a speech that regulators haven’t kept up …
Despite continuing talk about a possible recession, slumping tech stocks and a slowdown in the world of startup investing, the business of funding was positively humming last week. After slowing way down last spring, venture outfits disclosed a stunning $8 billion in new capital …