Artificial intelligence
‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Fast Money ‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs Published Mon, Mar 31 20256:54 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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OpenAI closes $40 billion funding round, largest private tech deal on record
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 OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record. The $40 billion financing values […]
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OpenAI funding round could be cut by $10 billion if for-profit conversion doesn’t occur by year-end
Sam Altman, CEO of OpenAI, at Station F, is seen through glass, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025. Aurelien Morissard | Via Reuters OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into […]
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AI’s vibe-coding era: How the shift to apps changed the race
Value within the artificial intelligence industry is slowly shifting, from the companies developing models to the apps building on top of them. Early in the AI race, critics viewed apps like Perplexity, Replit, Sesame and Abridge as second-rate middlemen, slapping an interface on someone else’s technology. They were disparagingly known as AI wrappers: companies with […]
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This old-school filmmaking technique is still kicking even as AI takes on a bigger role in movies
Foley artist Gary Hecker recreates sounds (in this case, galloping horses) on the Foley sound stage at Todd-AO Studios in Santa Monica, California, July 3, 2012. Don Kelsen | Los Angeles Times | Getty Images In a small studio tucked within the Sony Pictures lot, Gary Hecker makes art with sound. His canvases are some […]
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Alibaba has staged a quiet $100 billion rally — AI and Jack Ma’s return are at the heart of it
The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024. CFOTO | Future Publishing | Getty Images In November 2023, Jack Ma posted an internal memo at Alibaba, urging the e-commerce giant he helped create to “correct its course.” The message was as a rallying cry by one of China’s most prominent […]
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ChatGPT’s viral image-generation AI is ‘melting’ OpenAI’s GPUs
Sam Altman, co-founder and CEO of OpenAI, speaks during the New York Times annual DealBook Summit at Jazz at Lincoln Center in New York City on Dec. 4, 2024. Michael M. Santiago | Getty Images OpenAI CEO Sam Altman on Thursday announced that viral use of ChatGPT’s new image-generation AI, introduced earlier this week, is […]
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OpenAI expects revenue will triple to $12.7 billion this year, source says
OpenAI CEO Sam Altman speaks at a panel discussion on potentials, perspectives and challenges in the age of Artificial Intelligence (AI) at the Technical University (TU) in Berlin on February 7, 2025. John Macdougall | Afp | Getty Images OpenAI expects revenue will triple to $12.7 billion in 2025, CNBC has confirmed. Bloomberg was first […]
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Google quantum exec says tech is ‘5 years out from a real breakout’
A handout picture from October 2019 shows Sundar Pichai with one of Google’s Quantum Computers in the Santa Barbara lab, California, U.S. Picture taken in October 2019. Google/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. Handout . | Reuters One of Google’s top executives working on quantum computers said he believe […]
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How Japan’s largest AI unicorn is shaping the future of deep learning
Widely considered Japan’s leading artificial intelligence startup, Preferred Networks is on a mission to tackle “real-world” challenges through deep learning. CNBC’s Christine Tan sat down with the company’s founders in this episode of “Managing Asia.” Widely considered Japan’s leading artificial intelligence startup, Preferred Networks is on a mission to tackle “real-world” challenges through deep learning. […]
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