Silicon Valley’s A.I. Lobbying Blitz Reaches a Fever Pitch
OpenAI and Anthropic are opening offices in Washington, hiring lobbyists and spending more than ever to win over federal lawmakers.
FT AI·
Japanese group books net income of $11.6bn in fourth quarter, vastly ahead of analyst expectations
Read full articleOpenAI and Anthropic are opening offices in Washington, hiring lobbyists and spending more than ever to win over federal lawmakers.
Recursive Superintelligence, founded by former Google, Meta and OpenAI researchers, is part of a growing effort to automate the creation of artificial intelligence.
EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but crypto trade volumes fell 32% in April.
OpenAI's secondary share sales highlight the growing trend of private companies leveraging employee equity to maintain talent and drive valuations. The post OpenAI employees sell up to $30M in shares amid AI boom appeared first on Crypto Briefing.
It feels like the world’s longest and most public divorce: In late April, Microsoft and OpenAI once again renegotiated the slow-motion breakup that has been playing out between the two over the last several years. At first glance, it looks like a win-win. In the broadest terms, OpenAI gets more freedom to set its own course — it can sell its models to Microsoft competitors such as Amazon and Google, for example — while Microsoft gets a better revenue deal and first rights to the newest OpenAI technologies into the next decade. But in truth, one company got a better deal than the other. Who came out ahead? To figure that out, we first need to look at the most important details of the new agreement. A new deal after a lot of rancor Keep in mind that this new agreement didn’t arise from thin air. It’s a direct result of Microsoft’s threats in March to sue OpenAI when inked a $50 billion deal with Amazon that makes the latter company the only third-party cloud provider for OpenAI’s ent
The lawsuit raises critical questions about AI liability, potentially influencing future regulations and ethical standards in AI deployment. The post Family of Florida mass shooting victim sues OpenAI in US court appeared first on Crypto Briefing.
OpenAI's proactive EU collaboration may set new cybersecurity standards, influencing AI's role in regulated sectors and investor sentiment. The post EU confirms OpenAI offers access to cybersecurity model, Anthropic lags behind appeared first on Crypto Briefing.
Google and its AI lab DeepMind are bearing down OpenAI and Anthropic