US Dow Jones posts its worst day of the year after Federal Reserve holds interest rates
Kevin Warsh, who began his role as chairman of the Federal Reserve in May, said Wednesday officials have “no tolerance for persistently elevated inflation.”
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Xero executive quietly departs amid SaaSpocalypse slump
Xero’s chief people officer, charged with driving the company’s “performance-driven culture”, departed the ASX accounting giant earlier this month.
Anthropic, OpenAI, Google respond to Albanese’s AI announcement
Prime Minister Albanese was emphatic in today’s AI address that Australian writers, musicians, artists and journalists will retain copyright to their works. Here is how Anthropic and OpenAI responded.
IBM shares crashed 25% in worst day ever. Here’s why
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
How OpenAI plans to win over doctors, patients and hospitals
The AI juggernaut is all-in on the healthcare industry, launching three new products in the last six months. But it needs to make sure ChatGPT is accurate enough for the millions of people who already use it for health advice.
Investor demand for SpaceX IPO tops $250 billion, reports
The $75 billion SpaceX seeks to raise in its historic IPO would value the company at roughly $1.77 trillion.
OpenAI says it filed paperwork to go public
OpenAI said it has not decided exactly when the IPO would take place.
Google’s AI chief says we’re in the ‘foothills of the singularity’. Here’s why that matters
As machine capability shifts from passive responses to autonomous operation, the concept of singularity – coined in the academic realm and adopted by science fiction – is one every professional needs to know.
Michael Dell’s net worth surges up $35 billion, passing Zuckerberg as 6th richest
Analysts called Dell’s latest earnings “one of the most impressive quarters we’ve seen in our time covering hardware.”
Robinhood will allow users’ AI agents to trade stocks
Robinhood said Wednesday it would allow customers to bring their own agents to the platform.