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OpenAI reaches Pentagon agreement as Trump orders Anthropic off federal systems
- Sam Altman says his company agreed to prohibitions on domestic surveillance and autonomous weapons OpenAI CEO Sam Altman announced Friday that his company reached an agreement with the Department of War to deploy its artificial intelligence models on its classified network, just hours after President Donald Trump ordered federal agencies to phase out rival Anthropic. Altman said in a post on X that he had been in ...

Source: foxbusiness.com
US   BUSINESS  
The brutal metric companies are using to show their AI bets are justified
- In response, some are offering a simple proof point: They need fewer workers to get the job done. The most recent example of a CEO cutting workers en masse while talking up AI's transformative power is Block cofounder and CEO Jack Dorsey. On Thursday, he announced plans to The cheapest way for a CEO to boost a company's stock price — and to signal readiness to capitalize on the AI boom — is to conduct a ...

Source: insider.com
DIGITAL   BUSINESS  
OpenAI gets $110 billon in funding from a trio of tech powerhouses, led by Amazon
- Getting your Trinity Audio player ready... By MICHELLE CHAPMAN, AP Business Writer ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder and CEO ...

Source: orlandosentinel.com