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fromFuturism
21 hours ago
Artificial intelligence

Sam Altman Loses His Cool When Asked About OpenAI's Minuscule Revenue

OpenAI is committing massive compute spending toward AGI despite heavy losses and weak subscription conversion for ChatGPT.
fromFuturism
2 weeks ago
Artificial intelligence

ChatGPT Is Already Stalling Out on New Subscribers

OpenAI plans to spend over $1 trillion on AI infrastructure while relying on a small share of paying ChatGPT subscribers amid signs of plateauing revenue.
more#openai
fromwww.mercurynews.com
4 days ago

Meta defies AI spending gloom with record-breaking bond sale

Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that bond investors are looking past any concerns about its artificial-intelligence spending plans. The company sold $30 billion of bonds, the largest high-grade US note sale since 2023, drawing the most ever orders at $125 billion. That came on a day where Meta's shares dropped as much as 14%, after it had posted quarterly earnings late Wednesday,
Artificial intelligence
Business
fromGeekWire
1 month ago

Microsoft sets new RTO policy, requiring employees in the office 3 days per week

Microsoft requires employees within 50 miles of Redmond HQ to work on-site three days weekly starting February, stressing in-person collaboration.
US politics
fromwww.mediaite.com
1 month ago

It's Embarrassing': Mark Zuckerberg Roasted After Hot Mic Picks Up Comment to Trump

Mark Zuckerberg told President Trump he 'plucked a number out of his head' about Meta spending $600 billion, prompting viral ridicule and political criticism.
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