Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

The tides are turning against OpenAI's Sam Altman in Silicon Valley

Mar 27, 2024 - businessinsider.com
The newsletter discusses various topics, including the collapse of Baltimore's Francis Scott Key Bridge, the growing criticism of OpenAI's Sam Altman, and the potential impact of AI on the stock market. Altman is reportedly raising a $100 billion funding round for OpenAI, but some venture capitalists are becoming less impressed with his tactics and self-mythologizing. Meanwhile, AI's influence on the stock market could deter the Federal Reserve from lowering interest rates, according to Apollo Global Management's chief economist.

In tech news, concerns are raised about the Apple Vision Pro's security and digital isolation, while Tesla and SpaceX are collaborating on the new Roadster. Mark Zuckerberg is also reportedly personally recruiting AI talent for Meta. In business, Boeing CEO Dave Calhoun is set to resign by the end of the year, and Wall Street is eyeing the NFL for potential investment opportunities. Finally, former WeWork CEO Adam Neumann is attempting to regain control of the company.

Key takeaways:

  • Baltimore's Francis Scott Key Bridge collapsed on Tuesday after being struck by a large cargo ship, resulting in a 'developing mass casualty event.'
  • Sam Altman, the head of OpenAI, is facing criticism from venture capitalists as he reportedly raises a $100 billion funding round.
  • Boeing CEO Dave Calhoun announced his resignation, effective at the end of the year, as part of an overhaul of the company's top management.
  • Adam Neumann, the co-founder of WeWork, has reportedly submitted a bid to buy the bankrupt flexible office provider for more than $500 million.
View Full Article

Comments (0)

Be the first to comment!