In November, Sam Altman wanted OpenAI to be the first big company run by an AI boss. He said it would be an embarrassment if it were not. This week, he said people do not want an AI boss at all. “Shame on me if OpenAI is not the first big company run b…
Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startu…
Starbucks told NomadGo on 3 April that it was scrapping the AI inventory tool the Redmond startup had built for it. Within days the 30-person company cut a large part of its workforce, according to GeekWire. The cuts included the technical team that ra…
Wall Street has spent three years paying for the companies that build AI. It is starting to pay for the companies that use it. The rotation has a number behind it. Morgan Stanley ran a systematic analysis of earnings call transcripts. It found that 25%…
Coforge reported first quarter revenue of $592.2m on Monday. That is a rise of 33% in dollar terms over the year, and 21.1% on the previous quarter. In rupees the annual increase reads 49%. Profit after tax reached $55.6m. Those numbers land in an indu…
AI did not make buyers easier to reach. It made everyone cheaper to interrupt. A modern AI sales agent can research a company, identify a plausible buying signal, compose a personalised email, schedule follow-ups, evaluate the response, and hand a qual…
A growing number of young adults are using AI chatbots to script not just their texts but their in-person conversations, the Wall Street Journal reported. Niharika Abbaraju, a 20-year-old cancer researcher, uses ChatGPT at work for research, but off th…
Zhu Yiming got about $10bn richer on Monday. He has promised to give roughly $5.6bn of it away, and not to charity. The chairman of CXMT saw his fortune climb nearly 300% to $13.9bn when the memory chipmaker closed its Shanghai debut up 466%, according…
Fareed Zakaria opened with the question everyone is circling. Are we in an AI bubble, and has it begun to deflate? OpenAI has promised to spend hundreds of billions while making a fraction of that, he noted. The maths does not add up. Nadella did not p…
Jeff Bezos, the founder of the company that just became the number one Fortune 500 business, says the cure for anxiety is not rest or meditation but action. Speaking at the Museum of Flight in Seattle in 2017, Bezos told an audience of students that st…