Your Trusted Source for Global and Local News About Economy
OpenAI completes its for-profit recapitalization OpenAI has completed its recapitalization, splitting the AI lab into a for-profit corporation nested inside a non-profit foundation. OpenAI has completed its recapitalization, splitting the…
TechCrunch Disrupt 2025: Day 2 Second day of TechCrunch Disrupt 2025 at San Francisco's Moscone West. Here's the rundown to what to expect, including the 50% discount on passes for…
Amazon to cut 14,000 corporate jobs Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and…
Adobe launches AI assistants for Express and Photoshop Adobe today released new AI assistants Creative Cloud products, Express and Photoshop, that can help users with image creation and editing. Adobe…
Adobe Firefly Image 5 brings support for layers, will let creators make custom models Adobe said on Tuesday that it is launching the latest iteration of its image generation model,…
PayPal partners with OpenAI to let users pay for their shopping within ChatGPT Paypal said on Tuesday that it is adopting a protocol in combination with OpenAI's "Instant Checkout" feature…
OpenAI offers free ChatGPT Go for one year to all users in India ChatGPT Go is now free for Indian users under a limited-time promotional offer. ChatGPT Go is now…
Venture capital is not an asset class, says Sequoia’s Roelof Botha Sequoia's managing partner Roelof Botha noted that there are currently 3,000 venture firms in the United States, while there…
CEO of Alphabet’s X, Astro Teller, on what makes a moonshot Teller says X has a 2% hit rate, which means that most of the things the company tries don't…
Zoom CEO Eric Yuan says AI will shorten our workweek Zoom CEO Eric Yuan says that, in a few years, we should be working a 3-4 day workweek because of…