The FinTech Hub
Source: Live Mint Billionaire Tesla CEO Elon Musk is planning to proceed with his lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday. The development comes hours after the AI startup, co-founded by Musk, dialled back its earlier plan to remove control by its non-profit arm. According to the ChatGPT maker’s new proposed plan,…
Source: Live Mint OpenAI has agreed to acquire AI based coding tool Windsurf for around $3 billion, according to a Bloomberg report. The ancquisition of Windsurf (formerly called Codeium) is currently not closed and if completed would be the largest ever by the ChatGPT maker. Prior to the OpenAI, Windsurf was reportedly in talks with…
Source: Live Mint Elon Musk called the US government inefficient and said artificial intelligence should be used to replace the functions currently done by some public workers, according to a person who attended the closed-door session at the Milken Institute Global Conference. In a wide-ranging conversation on Sunday with financier Michael Milken, Musk also spoke…
Source: Live Mint After being spooked early this year with the launch of China’s DeepSeek AI, OpenAI has not taken any chances and rolled out one AI feature after another to keep ChatGPT’s relevance as the dominant player in the AI rat race. The effort seems to have worked for the Microsoft backed startup as…
Source: Live Mint Warren Buffett announced on Saturday that he will step down as CEO of Berkshire Hathaway at the end of 2025. The announcement came as a shock to many, especially as the Oracle of Omaha had previously announced that he had no intention of retiring. Shortly after Buffet’s retirement announcement, Perplexity AI broke…
Source: Live Mint Let’s begin with the term ‘pre-mortem’. Unlike a post-mortem that analyses the reasons behind a particular outcome, a pre-mortem is a structured exercise done before you launch a major initiative. Everyone imagines the strategy has failed badly two years in the future and works backward to list the reasons. The team then…
Source: Live Mint After confirming that OpenAI would be rolling back the latest updates to its flagship ChatGPT chatbot following user complaints of it being “annoying”, CEO Sam Altman on May 1 said goodbye. “goodbye, GPT-4. you kicked off a revolution. we will proudly keep your weights on a special hard drive to give to…
Source: Live Mint That’s the line Richard Kerris, vice president of media & entertainment at Nvidia, keeps returning to – and not just as a catchphrase. It’s how the US chipmaking company is approaching the transformation of content creation, live events, gaming, and immersive storytelling through AI and accelerated computing. On his first visit to…
Source: Live Mint OpenAI CEO Sam Altman on April 30 confirmed that the ChatGPT maker has rolled back its newest update for the artificial intelligence (AI) chatbot cosidering negative user feedback about its “annoying” personality. Writing on social media platform X, Sam Altman said: “we started rolling back the latest update to GPT-4o last night….
Source: Live Mint Mark Zuckerberg, the founder and CEO of Meta Platforms, thinks that the future of artificial technology (AI) lies in a blended reality, with people being smart enough to choose what is good for them. Speaking to Dwarkesh Patel’s podcast titled ‘Meta’s AGI Plan’, Mark Zuckerberg discussed the use of AI in daily…
