Investors are pushing OpenAI to reinstate Sam Altman as CEO after he was ousted from the position by the company’s board of directors. The Verge first reported that Altman is in talks to return, but Business Insider has not been able to independently confirm this. It is reported that investors are pressuring the OpenAI’s board…
Last week, the BSE benchmark jumped 890.05 points or 1.37 per cent, leading to a combined market valuation increase of Rs 1,50,679.28 crore for seven of the top 10 valued firms. IT giants Tata Consultancy Services (TCS) and Infosys emerged as the biggest gainers in the overall optimistic trend in equities. The valuation of TCS…
India and Australia are set to face off in the ICC Men’s Cricket World Cup final at the Narendra Modi stadium on Sunday, with a host of records and milestones on the line. If India wins, it will be their third World Cup title, making them the first nation in the history of the Men’s…
Meta Disbands Responsible AI Team, Reassigns Members to Generative AI and AI Infrastructure Divisions The CEO of Meta, Mark Zuckerberg, attended a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C. on September 13, 2023. Meta has disbanded its Responsible AI division, a team dedicated to regulating the safety of…
New York Giants Rookie Tommy DeVito Chooses to Live at Home with Parents Despite the wealth and celebrity that comes with being a National Football League player, New York Giants quarterback Tommy DeVito has opted to live with his parents. “I don’t have to worry about laundry, what I’m eating for dinner, chicken cutlets, and…
OpenAI’s COO, Brad Lightcap addressed the sudden departure of CEO Sam Altman in a memo to employees, emphasizing that the decision was not related to any misconduct or financial issues. According to Lightcap, there was a “breakdown in communication” between Altman and the board, and discussions about the company’s future are ongoing. He assured employees…
In a tweet late Friday night, Elon Musk, the CTO of social media platform X, threatened to file a lawsuit against Media Matters and others for what he called a “fraudulent attack” on their company. This came after a report last week from Media Matters for America (MMFA) showed ads for mainstream brands on X…
Legendary value investor Jeremy Grantham has launched his firm’s first active ETF called the GMO U.S. Quality ETF. He has put GMO partner Tom Hancock in charge of it. According to Hancock, interest in active ETFs has increased in recent years, especially among institutional clients, due to tax advantages and ease of trading. The new…
Bridgewater Founder Ray Dalio Warns U.S. Debt Nearing ‘Inflection Point’ In a recent appearance on CNBC’s “Squawk Box,” Ray Dalio, the founder of Bridgewater Associates, issued a warning about the escalating U.S. government debt. Dalio emphasized that the mounting debt could lead to bigger economic, political, and social problems for the country. The U.S. currently…
Republican Rep. George Santos of New York is facing expulsion from Congress after a damning report found evidence of campaign fraud and theft. The House Ethics Committee chairman, Michael Guest, filed a resolution to expel Santos, stating that the evidence uncovered during the investigation is grounds for punishment in the form of expulsion. The resolution…
