Friday, October 4

Technology

OpenAI soars: the artificial intelligence startup raises large amounts of funding and is valued at $157 billion
Technology

OpenAI soars: the artificial intelligence startup raises large amounts of funding and is valued at $157 billion

More news - Recent news OpenAI, a leading artificial intelligence (AI) startup, has secured a staggering $6.6 billion in funding, nearly doubling its valuation in just nine months. This massive investment round pushes OpenAI's value to as much as $157 billion, according to sources close to the deal. Thrive Capital led the funding round, with notable investors such as Microsoft, Nvidia, SoftBank and the UAE's MGX joining the table. This significant financial support highlights the technology sector's continued enthusiasm for the development of artificial intelligence, despite concerns about its long-term viability and potential risks. OpenAI's success could be a positive sign for small AI companies. At the start of the year, investment in AI startups saw a decline, with...
Elon Musk’s intensive week: analyzing the impact of misinformation on
Technology

Elon Musk’s intensive week: analyzing the impact of misinformation on

Related media - Recent news Elon Musk, with nearly 200 million followers on social platform X, is a central figure in the dissemination of information. In the span of just one week, Musk was particularly active, sharing numerous posts on topics ranging from illegal immigration to election integrity, even as he targeted Democratic Party figures. His posts, often lacking crucial context or even misleading, have reached an audience of more than 800 million people. Since acquiring X (formerly known as Twitter) in 2022, Musk has used the platform to promote conservative political views, most notably endorsing Donald J. Trump's presidential campaign. About a third of Musk's posts from the week analyzed contained inaccuracies, including incorrect claims about legal changes affectin...
Caroline Ellison sentenced to 2 years in prison for fraud against FTX
Technology

Caroline Ellison sentenced to 2 years in prison for fraud against FTX

More news - Latest news As recently as Tuesday in U.S. District Court in Manhattan, Caroline Ellison, a former key advisor to cryptocurrency tycoon Sam Bankman-Fried, was sentenced to two years in prison. His conviction is linked to his involvement in the infamous $8 billion fraud scandal that brought down the once-thriving cryptocurrency exchange FTX. Chief Judge Lewis A. Kaplan acknowledged Ellison's evident remorse and noted his significant cooperation with federal authorities. However, he said the severity of the fraud does not allow for a lighter sentence. Ellison will begin his sentence at a minimum-security facility near Boston by November 7, marking nearly two years since FTX's dramatic fall. Ellison previously admitted guilt to conspiracy charges along with Bankman-...
The exodus of OpenAI leaders continues amid the shift to the for-profit model
Technology

The exodus of OpenAI leaders continues amid the shift to the for-profit model

More news - Recent news Significant leadership changes are underway at leading artificial intelligence company OpenAI as several key executives announce their departures. CTO Mira Murati, Chief Research Officer Bob McGrew and Vice President of Research Barret Zoph have all revealed their intentions to leave the company. These departures come as OpenAI, currently overseen by a nonprofit board, is reportedly going through a transition to a traditional for-profit structure. Ms. Murati, a leading figure at OpenAI for more than six years, stated her desire for personal exploration as the reason for her departure. Mr. McGrew and Mr. Zoph cited similar desires for new opportunities and a break from work. CEO Sam Altman expressed gratitude for Murati's contributions and promised mor...
Brazilian Supreme Court Sets Deadline for Verification of Platform X’s Legal Representative
Technology

Brazilian Supreme Court Sets Deadline for Verification of Platform X’s Legal Representative

More news - Recent news Brazil’s Supreme Court recently issued a directive to Elon Musk-owned social media company X to provide valid documentation for its new legal representative within a specified time frame. The decision underscores the court’s commitment to enforcing compliance with local legal standards by international companies operating in Brazil. The court granted X a five-day window to comply with the documentation requirements, emphasizing the need for transparency and adherence to Brazilian law. The move is part of a broader effort by Brazilian authorities to ensure that foreign entities are properly represented and accountable under the nation’s regulatory framework. The requirement for X to validate its legal representative is seen as a critical step to uphold the rul...