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'Fake News:' Former Engineer Joining Meta Refutes Sam Altman's $100M Golden Pass Accusation To Poach OpenAI Talent
Friday, June 27, 2025 - 2:47am | 699OpenAI engineers Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai have dismissed rumors that they each received a $100 million signing bonus to join Meta Platforms Inc. (NASDAQ:META). What Happened: The trio, who also set up OpenAI’s Zurich office last year, confirmed their transition to...
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Sam Altman Crushes OpenAI-Microsoft Feud Rumors, Hails 'Really Wonderfully Good' Bond With Satya Nadella
Wednesday, June 25, 2025 - 8:38am | 491In a recent interview, Sam Altman, the CEO of OpenAI, addressed the ongoing tensions with Microsoft (NASDAQ:MSFT)and the recruitment efforts by Meta Platforms Inc. (NASDAQ:META). What Happened: On The Hard Fork, The New York Times’ tech podcast, Altman confirmed that Microsoft, OpenAI’s...
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Sam Altman Slams Trademark Lawsuit Over 'io' As 'Silly' And 'Disappointing' After OpenAI Scrubs Jony Ive Deal From Website Under Judge's Order
Wednesday, June 25, 2025 - 5:09am | 872OpenAI CEO Sam Altman dismissed a trademark lawsuit filed by hardware startup Iyo as “silly” and “disappointing” after a judge ordered ChatGPT-parent to remove references to its collaboration with Apple Inc. (NASDAQ:AAPL) designer Jony Ive. What Happened: Iyo, a startup led...
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Mark Zuckerberg And Meta Leaders Were So Rattled By This Single Investor Question That It Changed The Way They Spoke To Wall Street, CFO Reveals
Wednesday, June 25, 2025 - 3:51am | 925Susan Li, the chief financial officer at Meta Platforms Inc. (NASDAQ:META), recounted a pivotal moment in late 2022 that reshaped how the company communicates with investors. What Happened: Speaking on the Cheeky Pint podcast last week, Li, who’s been CFO of the social networking giant for...
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Ken Rogoff Warns AI's Hunger For Power Could Send Interest Rates Soaring: 'You're Going To See Even More Spending, Not Less'
Tuesday, June 24, 2025 - 10:54pm | 613Artificial general intelligence may not lead to the deflationary future some investors expect, according to Harvard professor and former IMF Chief Economist Ken Rogoff. What Happened: Appearing on the Dwarkesh Patel Podcast earlier in the month, Rogoff warned that AGI could actually push inflation...
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Tesla Vs. Meta: Engineer Says He's Staying At EV Giant — 'No Amount Of Money Can Sway Me From Elon'
Tuesday, June 24, 2025 - 7:04pm | 759The launch of robotaxis in Texas by Tesla Inc (NASDAQ:TSLA) has put an emphasis on the company's AI technology and engineers. Those same Tesla workers are also being contacted by rival companies, which want to lure them away. What Happened: Tesla senior staff engineer Yun-Ta Tsai shared details of...
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Consumer Tech News (June 16-June 20): Fed Holds Rates, Trump Eyes Iran Moves, Apple Taps AI, Accenture Shifts Strategy
Sunday, June 22, 2025 - 9:10am | 1001The Federal Reserve kept its benchmark interest rate unchanged at 4.25%–4.50% for the sixth straight meeting, with Chair Jerome Powell signaling no near-term cuts despite mounting pressure from the White House. Meanwhile, global uncertainty ticked higher as White House Press Secretary Karoline...
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Reddit Eyes Sam Altman's Iris-Scanning Orb To Verify Real Users Without Compromising Anonymity: Report
Saturday, June 21, 2025 - 6:45am | 533Reddit Inc. (NYSE:RDDT) is reportedly exploring a partnership with Tools for Humanity, the company behind Sam Altman's World ID and iris-scanning Orb, to offer anonymous but verified user identities. What Happened: Reddit has been in talks with Tools for Humanity to integrate World ID, a biometric...
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Sam Altman Says AI Will Make His Kids More Capable, Not More Intelligent: 'My Kids Will Never Be Smarter Than AI'
Saturday, June 21, 2025 - 1:59am | 493Sam Altman, CEO of OpenAI, shared insights on the influence of AI on his children during the inaugural episode of the OpenAI Podcast, released Wednesday. Altman believes AI tools like ChatGPT will make his children more capable, though not necessarily more intelligent, than previous generations....
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Meta Tried Luring OpenAI's Top Minds With Massive Paychecks, But Sam Altman 'Neglected To Mention That He's Countering Those Offers,' Says Andrew Bosworth
Saturday, June 21, 2025 - 1:36am | 563Meta Platforms, Inc.’s (NASDAQ:META) billion-dollar AI hiring spree is heating up, but according to CTO Andrew Bosworth, OpenAI isn't letting go of its top talent without a serious fight. What Happened: In an interview with CNBC's Closing Bell Overtime on Friday, Meta's Bosworth revealed that...
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Sam Altman Says He 'Didn't Think' Elon Musk Would Abuse Government Power, Tesla CEO Hits Back With 'Scam Altman' Jibe
Friday, June 20, 2025 - 8:24am | 563OpenAI chief executive Sam Altman says he "didn't think Elon was going to abuse his power in the government to unfairly compete" but now believes he was wrong after Tesla's founder allegedly tried to derail OpenAI's $500 billion "Stargate" data-center deal. What Happened: Altman made the remarks on...
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Mark Zuckerberg's Meta Dangled '$100 Million Signing Bonuses' To OpenAI Team Members, Says Sam Altman: Happy 'None' Of Our Best People Took Them
Tuesday, June 17, 2025 - 11:35pm | 827Meta Platforms, Inc. (NASDAQ:META) reportedly offered $100 million compensation packages to lure top OpenAI talent but CEO Sam Altman says the company's best people are staying put because they believe more in achieving AGI. What Happened: Speaking on a podcast with his brother, Jack Altman, which...
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Zoom CEO Eric Yuan Dismisses Work-Life Balance: 'Work Is life, Life Is Work'—With One Important Caveat
Monday, June 16, 2025 - 5:42am | 578Zoom CEO Eric Yuan is the latest addition to the long list of business leaders and tech executives who have denied the existence of work-life balance. Yuan shared his thoughts in detail during a recent podcast interview: What Happened: Speaking on the Grit podcast, Yuan stated, "There's no way to...
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AMD Challenges Nvidia's AI Dominance With New Helios Server As OpenAI CEO Sam Altman Confirms ChatGPT Will Use Lisa Su-Led Tech Giant's Latest Chips: 'Future Of AI Is Not Going To Be Built By Any One Company'
Friday, June 13, 2025 - 2:15am | 747On Thursday, Advanced Micro Devices, Inc. (NASDAQ:AMD) unveiled a new server, signaling a direct challenge to Nvidia Corporation's (NASDAQ:NVDA). What Happened: At a development conference called "Advancing AI" in San Jose, AMD CEO Lisa Su introduced the Helios AI server, set to launch in 2026....
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Every Time You Ask ChatGPT Something, It Uses As Much Electricity As An Oven Does In One Second, Says Sam Altman: The 'Cost Of Intelligence' Will Only Lower
Wednesday, June 11, 2025 - 5:45am | 536OpenAI chief executive Sam Altman says that a ChatGPT query consumes roughly 0.34 watt-hours of electricity, which is “about what an oven would use in a little over one second." What Happened: Altman, in a blog post he published on Tuesday, also mentioned that each ChatGPT query consumes "...