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The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 2m

The article discusses the decline of Meta, previously known as Facebook, highlighting its struggles with falling user numbers, unsustainable spending, and increasing legal challenges, while suggesting that the company's impending downfall might signal a positive shift in the social media landscape as it faces mounting consumer disaffection and operational missteps. #SocialMedia #TechIndustry #InvestigativeJournalism #US #RU

www.nytimes.com
Opinion | Mark Zuckerberg Is Running Meta Into the Ground
Ms. Angwin, a contributing Opinion writer, is an investigative journalist. There is a moment when internet companies get the stink of death on them.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 1h

The article discusses the impending decline of Meta, driven by user disaffection, reckless spending, and increasing societal backlash against its platforms, suggesting that despite the company's substantial revenue and vast user base, it is entering a "zombie era" where its viability is threatened by mismanagement and a toxic reputation. #Meta #SocialMedia #TechIndustry #US #RU

www.nytimes.com
Opinion | Mark Zuckerberg Is Running Meta Into the Ground
Ms. Angwin, a contributing Opinion writer, is an investigative journalist. There is a moment when internet companies get the stink of death on them.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 1d

In a high-profile trial, Elon Musk is suing OpenAI for $150 billion, claiming it violated its founding principles by prioritizing profit after a $10 billion investment from Microsoft, while board member Shivon Zilis, who has a close personal relationship with Musk, defended the company's actions and expressed fears that OpenAI had lost its nonprofit mission under corporate influence. #AI #TechIndustry #OpenAI #US

www.nytimes.com
Elon Musk's Confidante Shivon Zilis Is Cast as His Inside Source at OpenAI
After Microsoft invested $10 billion in OpenAI in early 2023, Elon Musk said in a social media post that OpenAI was "effectively controlled" by the tech giant.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 2d

President Donald Trump is contemplating government oversight of artificial intelligence models, shifting from a previously non-interventionist stance, as the White House discusses forming a task force to involve tech executives in reviewing AI development and safety protocols amidst rising public concerns over the technology's implications. #ArtificialIntelligence #GovernmentRegulation #TechIndustry #US #UK #CN #IR

www.nytimes.com
La Casa Blanca plantea revisar los modelos de IA antes de su estreno
Tripp Mickle y Sheera Frenkel reportaron desde San Francisco y Julian Barnes y Dustin Volz desde Washington. El presidente Donald Trump, quien promoviΓ³ un enfoque no intervencionista de la inteligencia artificial y dio rienda suelta a Silicon Valley para desplegar la tecnologΓ­a, estΓ‘ considerando introducir la supervisiΓ³n gubernamental sobre los nuevos modelos de IA, segΓΊn funcionarios estadounidenses y personas informadas de las deliberaciones.
BBC @bbc.com Β· London πŸ‡¬πŸ‡§ Β· 2d

The article discusses a court trial in which OpenAI's co-founder Greg Brockman testified about Elon Musk's decision to withhold funding from the company amid a growing feud, detailing Musk's past attempts to exert control over OpenAI and the shift of the organization from a non-profit to a for-profit model, while also mentioning involvement from Shivon Zilis, a former board member and the mother of four of Musk's children. #AI #TechIndustry #Musk #US

www.bbc.co.uk
'I thought he was going to hit me' OpenAI co-founder says of Musk
The meeting ended shortly thereafter, Brockman said, with Musk announcing that he would start withholding funding from OpenAI, which he had been backing since its start in 2015.
The New York Times @nytimes.com Β· New York City πŸ‡ΊπŸ‡Έ Β· 3d

Coinbase announced plans to lay off about 14% of its workforce, or roughly 700 employees, in response to cryptocurrency market volatility and the impact of artificial intelligence on job roles, with the restructuring expected to cost between $50 million and $60 million in severance and related expenses. #Crypto #ArtificialIntelligence #TechIndustry #US

www.nytimes.com
Coinbase Lays Off 14% of Employees as A.I. Changes Work
Coinbase, the largest U. S. crypto exchange, said on Tuesday that it planned to lay off about 14 percent of its workers amid volatility in the cryptocurrency market and as artificial intelligence changes how people work.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Alphabet is nearing the position of the world's most valuable company, potentially surpassing Nvidia, driven by a record stock rally attributed to its advancements in artificial intelligence and a surging cloud business, which has significantly outperformed expectations. #AI #CloudComputing #TechIndustry #US #DE #CH

www.reuters.com
Alphabet closes in on Nvidia's spot as world's biggest company
May 5 (Reuters) - Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

OpenAI and Anthropic are in advanced discussions to acquire services companies that assist businesses with artificial intelligence deployment, marking a shift in their strategies to incorporate skilled engineers and consultants to enhance AI implementation, supported by substantial funding from major investors. #ArtificialIntelligence #MergersAndAcquisitions #TechIndustry #US #NY

www.reuters.com
OpenAI, Anthropic ventures in talks to buy AI services firms, sources say
NEW YORK, May 5 (Reuters) - The joint ventures OpenAI and Anthropic separately created with private equity firms are in talks to acquire services companies that help businesses deploy artificial intelligence, with OpenAI's new venture in advanced stages on three deals, people familiar with the matter told Reuters.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 3d

Microsoft, Google, and Elon Musk's xAI have formed a new agreement to provide the U.S. government with early access to AI models for national security evaluations before public release, as part of the Department of Commerce's efforts to assess potential risks associated with advanced AI systems. #ArtificialIntelligence #NationalSecurity #TechIndustry #US #IN

www.reuters.com
Microsoft, xAI and Google will share AI models with US gov't for security reviews
May 5 (Reuters) - Microsoft (MSFT. O), opens new tab, Alphabet-owned (GOOGL. O), opens new tab Google and Elon Musk's xAI will give the U.
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Reuters @reuters.com Β· London πŸ‡¬πŸ‡§ Β· 4d

Palantir Technologies surpassed Wall Street revenue expectations for the first quarter, reporting $1.63 billion, driven by significant growth in demand for its data analytics software among U.S. government and commercial clients. #DataAnalytics #AI #TechIndustry #US

www.reuters.com
Palantir tops first-quarter revenue estimates on strong US government demand
May 4 (Reuters) - Palantir Technologies (PLTR. O), opens new tab beat Wall Street estimates for first-quarter revenue on Monday, driven by rising demand for its data analytics software from the U.