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Microsoft loses status as OpenAI’s exclusive cloud provider
U.S. President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025 in Washington, DC. Trump is expected to announce investment in artificial intelligence (AI) infrastructure. Andrew Harnik | Getty Images News | Getty […]
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Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model
Think about the apps you use on your phone every day. Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday tasks. Now imagine if you could combine all of those programs into a single, standalone app. A one-stop shop to socialize with friends, order food, […]
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Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Key Points Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee, according to Chief Information Officer Marco Argenti. The bank has released a program called GS AI […]
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Apple, Google remove TikTok from stores as app halts service in U.S.
Apple and Google removed TikTok from their app stores Saturday night, complying with a law requiring China’s ByteDance to divest the social app or see it face an effective ban in the U.S. The Apple App Store and the Google Play store’s removal of TikTok means people in the U.S. can no longer download the […]
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GLP-1s and Brian Thompson’s killing loom large at top health-care conference
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty Images San Francisco, famed for its abundance of hoodie-clad tech workers, was overrun […]
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Sam Altman posts letter from senators concerned about OpenAI efforts to ‘cozy up’ to Trump
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images U.S. Senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with […]
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Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement appeal and scorching heat. But its growth into an innovation hub has been quietly playing out over several decades. Arizona’s largest city has, for a […]
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Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit
A Zoox robotaxi sits outside the company’s large office and warehouse in Las Vegas. Michael Wayland / CNBC LAS VEGAS — This year is expected to be a crucial one for Amazon’s autonomous vehicle unit Zoox, as the company plans to grow its operations and commercialize its robotaxi business. Zoox is aiming to begin offering […]
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Amazon lays off about 200 employees in its stores unit
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which […]
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Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Sam Ragsdale, Ryan Sproule, and Mason Hall have raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital. Sam Ragsdale Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the […]
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