Elon Musk has once again filed a lawsuit against Sam Altman, claiming that he was manipulated into co-founding OpenAI under false pretenses. Musk alleges that Altman and current OpenAI President Greg Brockman deceived him by presenting the organization as a non-profit when in reality, they were engaging in for-profit activities behind the scenes. The lawsuit
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The UK government recently made the decision to cancel £1.3 billion worth of computing infrastructure projects, dealing a significant setback to the country’s aspirations of becoming a global leader in artificial intelligence. These projects, which were aimed at bolstering the UK’s compute infrastructure, would have significantly enhanced the country’s ability to build high-performance infrastructure capable
The U.S. Department of Justice is currently looking into complaints regarding Nvidia’s alleged abuse of its market dominance in artificial intelligence chips. According to a report by The Information, the DOJ has been reaching out to Nvidia’s competitors, such as AMD, to gather information related to the complaints. One of the key concerns being investigated
Meta, formerly known as Facebook, saw its shares surge by 6% following the release of its second-quarter earnings report. The company exceeded Wall Street’s expectations, with revenue for the period increasing by an impressive 22% to $39.07 billion. This surpassed analysts’ estimates of $38.31 billion, showcasing Meta’s ability to generate significant revenue. Net income for
The relationship between Microsoft and OpenAI has taken an interesting turn recently. Microsoft, in its latest annual report, has now listed OpenAI as one of its competitors. This comes as a surprise to many considering that Microsoft has been a long-time partner and investor in OpenAI. The exclusive cloud provider relationship and the significant investment
In a groundbreaking announcement, Uber and BYD have unveiled a strategic partnership that aims to revolutionize urban mobility with electric vehicles. This partnership will not only provide drivers on the ride-hailing platform with pricing and financing deals for BYD’s electric cars but also pave the way for the development of autonomous-capable vehicles for Uber’s platform.
Russia is currently exploring the idea of legalizing the use of cryptocurrency for international payments, as a response to the financial pressure imposed by Western sanctions. The State Duma, which is the lower house of the Russian Parliament, is set to consider a law that would allow for international payments to be made using cryptocurrencies.
Apple made headlines recently when it announced that its artificial intelligence models for Apple Intelligence were pretrained on Google’s Tensor Processing Units (TPUs). This decision raised eyebrows in the tech world, as it indicated a shift away from Nvidia’s GPUs, which have long been the go-to choice for high-end AI training chips. The details of
As the final week of July began, cryptocurrencies experienced a surge in value as traders absorbed various political events that occurred over the weekend. Bitcoin saw a 2% increase, reaching $69,640.00, while Ether rose by 3% to $3,382.15. This uptick in prices comes after a week where Bitcoin gained 1% and Ether dropped by 7%.
During his keynote speech at the biggest bitcoin conference of the year in Nashville, former President Donald Trump hinted at the idea of establishing a U.S. bitcoin strategic reserve. This proposal raised eyebrows and sparked discussions within the cryptocurrency community. However, upon closer examination, Trump’s plan falls short of what some crypto enthusiasts were anticipating.