The e-commerce behemoth has a long history of ruthlessly focusing on efficiency.
OpenAI completes conversion to for-profit business after lengthy legal saga
Restructuring paves way for ChatGPT maker to more easily raise capital and profit off its AI technology
UNC Chancellor Lee Roberts on pushing his university into the AI age
This week on StrictlyVC Download, Connie Loizos sits down with Lee Roberts, chancellor of the University of North Carolina at Chapel Hill, to discuss his ambitious plan to make AI the university’s North Star amid a tumultuous year. Roberts walks through his decision to merge UNC’s School of Data Science and Society with its School […]
Amazon lays off thousands of corporate workers as it spends big on AI
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will cut 14,000 jobs, citing a goal of “reducing bureaucracy, removing layers.”
Artificial Intelligence, America, and the New Nobility
Unless honest government acts, AI will serve a New Nobility of monopolists and dark money, turning democracy into pay to play and the rest of us into serfs.
OpenAI says CEO Altman will not get a stake in newly restructured firm
OpenAI co-founder and CEO Sam Altman is not getting a stake in the newly restructured company, the ChatGPT maker said on Tuesday.
Fleets Balance Concerns with AI's Transformative Results
Learn how fleet leaders are using AI to reduce incident rates, automate compliance documents, and scale driver coaching, turning data into bottom-line results.
Microsoft, OpenAI agree to new for-profit deal. Windows maker gets 27% stake.
Microsoft and OpenAI on Tuesday said they have reached a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for-profit public benefit corporation.
OpenAI completes its for-profit recapitalization
OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation.
Microsoft and OpenAI agree to a new for-profit deal. Windows maker gets 27% stake
Microsoft and OpenAI on Tuesday said they have come to terms for a new agreement that lets the ChatGPT developer move forward with its plans to transform into a for profit public benefit corporation.