Florida’s Attorney General James Uthmeier sued OpenAI and its CEO Sam Altman on Monday, accusing the company of putting profit over safety, fueling violence and pushing a product it knew could harm users. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “The rise of OpenAI is attributable to … Read more
The trial pitting Elon Musk against OpenAI CEO Sam Altman made clear the two billionaires agreed on one thing: building artificial intelligence would require significant resources — and enormous amounts of money. It may seem obvious now, as an AI-obsessed stock market helps finance a global construction boom of chipmaking factories and energy-hogging data centers … Read more
Target reported another quarter of declining sales and profits as it works to regain its footing with customers facing higher prices almost everywhere, but the retailer offered a profit outlook that topped Wall Street expectations and signaled quarterly sales growth ahead. The Minneapolis-based company said it earned $2.30 per share, or $1.05 billion, for the … Read more
Nvidia — the most valuable company in the world thanks to its place atop the AI food chain — generated a staggering $120 billion in profits last year. This includes an eye-popping $43 billion during the three-month period ending in January, one of the strongest quarters of any business ever recorded. Investors didn’t seem to … Read more