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Technology

Technology

China’s Alibaba shakes up cloud unit management after scrapping the division’s IPO

The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba has begun an overhaul of its cloud computing unit,...

by admin November 24, 2023
China's Alibaba shakes up cloud unit management after scrapping the division's IPO
Technology

Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules

Nvidia is delaying a new artificial intelligence chip for China that has been designed to comply with U.S. export restrictions, according to Reuters. Nvidia...

by admin November 24, 2023
Nvidia shares close down on report it delays China AI chip designed to comply with U.S. export rules
Technology

$115 million stolen from two crypto firms linked to Justin Sun after hack

The logo of HTX, formerly known as Huobi, is seen on the screen of a mobile device in this photo. Nurphoto | Nurphoto |...

by admin November 23, 2023
5 million stolen from two crypto firms linked to Justin Sun after hack
Technology

How Meta could benefit from the OpenAI shakeup

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson...

by admin November 22, 2023
How Meta could benefit from the OpenAI shakeup
Technology

Sam Altman’s back. Here’s who’s on the new OpenAI board and who’s out

Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya...

by admin November 22, 2023
Sam Altman's back. Here's who's on the new OpenAI board and who's out
Technology

Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty

Binance cofounder and CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on Nov. 1, 2022. Ben Mcshane | Sportsfile |...

by admin November 22, 2023
Binance users pull more than  billion from the exchange after CEO leaves, pleads guilty
Technology

OpenAI brings Sam Altman back as CEO less than a week after he was fired by board

Sam Altman will return as CEO of OpenAI, the startup tweeted early Wednesday morning. The move follows immense pressure from employees and investors on...

by admin November 22, 2023
OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
Technology

Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers

A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California. Justin Sullivan | Getty Images The...

by admin November 21, 2023
Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers
Technology

Nvidia’s revenue triples as AI chip boom continues

Nvidia shares moved down 1% in extended trading on Tuesday after the chipmaker reported fiscal third-quarter results that surpassed Wall Street’s predictions. But the...

by admin November 21, 2023
Nvidia's revenue triples as AI chip boom continues
Technology

Binance CEO Changpeng Zhao pleads guilty to federal charges, steps down

Binance chief Changpeng Zhao pleaded guilty to criminal charges and has stepped down as the company’s CEO as part of a $4.3 billion settlement...

by admin November 21, 2023
Binance CEO Changpeng Zhao pleads guilty to federal charges, steps down
Technology

Jeff Bezos ‘aggressive’ again Tuesday selling more Amazon stock after unloading shares last week, sources say

Emma McIntyre | Getty Images Entertainment | Getty Images Jeff Bezos is expected to be “aggressive” in selling more shares of Amazon on Tuesday,...

by admin November 21, 2023
Jeff Bezos 'aggressive' again Tuesday selling more Amazon stock after unloading shares last week, sources say
Technology

Biden joins Meta’s Threads after White House rebukes Elon Musk for ‘anti-semitic rhetoric’ on X

U.S. President Joe Biden looks on, as he meets with Mexican President Andres Manuel Lopez Obrador (not pictured) on the sidelines of the Asia-Pacific...

by admin November 21, 2023
Biden joins Meta's Threads after White House rebukes Elon Musk for ‘anti-semitic rhetoric’ on X
Technology

Barry Silbert’s crypto empire continues to spiral as ex-NYSE president buys news site CoinDesk

Barry Silbert, Founder and CEO, Digital Currency Group  David A. Grogan | CNBC After months on the market, crypto news site CoinDesk has finally...

by admin November 21, 2023
Barry Silbert's crypto empire continues to spiral as ex-NYSE president buys news site CoinDesk
Technology

Nvidia stock closes at all-time high, a day before earnings

Shares of Nvidia closed up 2.3% at an all-time high, topping $504 on Monday. The record comes ahead of the company’s fiscal third-quarter results...

by admin November 20, 2023
Nvidia stock closes at all-time high, a day before earnings
Technology

Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns

Hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, have signed a letter demanding that either OpenAI’s remaining board members resign or...

by admin November 20, 2023
Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns
Technology

Former OpenAI CEO Sam Altman returns to headquarters for talks following his abrupt ouster

Sam Altman, CEO of OpenAI participates in the “Charting the Path Forward: The Future of Artificial Intelligence” at the Asia-Pacific Economic Cooperation (APEC) Leaders’...

by admin November 19, 2023
Former OpenAI CEO Sam Altman returns to headquarters for talks following his abrupt ouster
Technology

OpenAI shakeup has rocked Silicon Valley, leaving some techies concerned about future of AI

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Carlos Barria |...

by admin November 19, 2023
OpenAI shakeup has rocked Silicon Valley, leaving some techies concerned about future of AI
Technology

Facebook-parent Meta breaks up its Responsible AI team

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023....

by admin November 19, 2023
Facebook-parent Meta breaks up its Responsible AI team
Technology

OpenAI investors pushing to bring Altman back as CEO one day after he was ousted by board

OpenAI CEO Sam Altman speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California.  Justin Sullivan | Getty Images OpenAI...

by admin November 19, 2023
OpenAI investors pushing to bring Altman back as CEO one day after he was ousted by board
Technology

Sam Altman’s last days as OpenAI CEO gave no indication trouble was brewing

Sam Altman, Chief Executive Officer of OpenAI, and Mira Murati, Chief Technology Officer of OpenAI, speak during The Wall Street Journal’s WSJ Tech Live...

by admin November 18, 2023
Sam Altman's last days as OpenAI CEO gave no indication trouble was brewing
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