John Schulman, co-founder of OpenAI, recently announced his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. This move comes shortly after OpenAI disbanded its superalignment team, which was focused on ensuring control over AI systems exceeding human capability. Schulman, who had been leading OpenAI’s post-training team, is known
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Delta Air Lines faced significant backlash after rejecting onsite assistance from CrowdStrike during a massive outage that led to thousands of flight cancellations last month. The airline’s CEO, Ed Bastian, announced that the outage cost the company approximately $500 million, including customer compensation, and stated that they had no choice but to seek damages. This
In a recent report to investors, Walgreens revealed plans to shut down a significant number of its 8,600 stores in the United States. CEO Tim Wentworth stated that only 75% of the chain’s stores were currently profitable, leaving the remaining 25% at risk of closure by 2027. This move comes amidst a series of closures
Defense Secretary Lloyd Austin made a significant decision on Friday by withdrawing the controversial plea deal for the three men accused of planning the 9/11 attacks. In a press release, the Defense Department stated that Austin signed a memo reserving the authority to enter into pre-trial agreements with the accused in the 9/11 military commission
The 2024 Olympics in Paris have been hit by an unexpected heatwave, leading to extreme temperatures that are taking a toll on the athletes. The French capital has seen temperatures soaring as high as 36 degrees Celsius (97 degrees Fahrenheit), causing discomfort and difficulties for participants across various sports. Numerous athletes have voiced their concerns
As the Federal Reserve signals a potential shift towards interest rate reductions, some parts of the market are growing impatient for action. Chief economist Claudia Sahm, known for creating the Sahm Rule to gauge recession indicators, has been advocating for the central bank to start easing monetary policy gradually. However, the market seems to be
The decision by the National Association of Black Journalists (NABJ) to invite Donald Trump to speak at their annual convention has sparked controversy within and outside the group. The event, which is set to take place in Chicago, will see Trump fielding questions from reporters in an effort to appeal directly to voters of color.
Microsoft is set to announce its fiscal fourth-quarter earnings, with analysts predicting earnings per share of $2.93 and revenue of $64.39 billion. The company is anticipated to demonstrate a revenue growth of approximately 15%, following a 17% expansion in the prior quarter. This growth comes in the wake of Google parent Alphabet reporting a slowdown
In a surprising move, Apple recently announced that it had chosen Google’s Tensor Processing Unit (TPU) over Nvidia’s graphics processing units (GPUs) for training its cutting-edge AI models. This decision marks a significant shift in the industry, with big tech companies like Apple looking for alternatives to Nvidia’s GPUs for AI training. Google’s TPUs have
Former President Donald Trump made headlines at a recent Bitcoin Conference in Nashville by hinting at the establishment of an official U.S. bitcoin strategic reserve. Despite stopping short of a concrete promise to create such a reserve, Trump pledged to maintain the current level of bitcoin holdings that the U.S. government has amassed from seizing