Microsoft has invested billions in AI and plans to reopen a nuclear power plant in Pennsylvania to power the technology. Still, Marc Benioff, CEO of enterprise competitor Salesforce, says that Microsoft’s efforts aren’t enough and that Microsoft has actually done a “tremendous disservice” to the AI industry. “When you look at how Copilot has been...
Ryan Salame, a former FTX top executive who worked alongside Sam Bankman-Fried, is set to report to federal prison in Maryland on Friday. He pleaded guilty to campaign finance fraud in May and will serve a sentence of seven-and-a-half years. Salame, 31, announced the change in location and scenery by updating his LinkedIn Thursday with...
Leaders from Nvidia’s Jensen Huang to JPMorgan Chase’s Jamie Dimon have hailed AI as the technology driving the next industrial revolution. And while AI can lead to business impact and productivity gains, it can also be “unreal and dystopian,” one Apple Intelligence user discovered. On Thursday, Nick Spreen, an app developer based in New York,...
Tesla’s “We, Robot” event Thursday night showed that Elon Musk is steering the electric car maker towards a self-driving future — one without steering wheels. Musk arrived at the event, held at Warner Bros. studio in Burbank, California, in a “Cybercab,” a self-driving car without the standard controls: no pedals, plug to charge, or steering...
Nvidia CEO Jensen Huang rarely lays off employees and the people he hires seldom choose to leave the company, which is the second most valuable in the world. Though joining Nvidia’s 29,600-person workforce isn’t easy, Huang recently revealed how he approaches the hiring process — and it turns out that acing the interview isn’t the...
When the Tropicana opened in 1957, it was a stylish, opulent hotel that attracted Hollywood celebrities like the Rat Pack. It was also featured in various films, from Elvis movies to the 1971 James Bond flick, “Diamonds Are Forever.” Like many hotels from Sin City’s early days, however, as The Strip continued to modernize, the...
If you want to start a business, don’t try to follow in anyone else’s footsteps — not even Daniel Lubetzky’s. Lubetzky, who founded Kind Snacks in 2004 and sold it in 2020 to Mars for an estimated $5 billion, told Entrepreneur in a new interview that though his journey may inspire others, he doesn’t want...
JPMorgan Chase chairman and CEO Jamie Dimon says we shouldn’t deny that AI will create and eliminate jobs — but from his standpoint, the changes are inevitable and the bank, which is the biggest in the U.S. with $3.4 trillion in assets, will handle them as they come. “If [AI] changes jobs and operations elsewhere,...
Google is the most popular search engine in the world, but its dominance over search ad revenue—and Gen Z’s vernacular—is losing steam. According to a Wall Street Journal report, Google’s share of the $88.8 billion U.S. search advertising market is expected to fall to the lowest point in over a decade as a diverse set...
Two North America-based academics used physics to help pioneer advances in AI — and now they’re being rewarded for their contributions with the 2024 Nobel Prize in Physics. The Royal Swedish Academy of Sciences announced on Tuesday that Princeton emeritus professor John Hopfield and University of Toronto professor Geoffrey E. Hinton were the latest Physics...