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‘To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

Leave a Comment / Artificial Intelligence, Colleges and Universities, Computers and the Internet, Deserts, Entrepreneurship, Foreign Investments, internal-truncator, International Relations, King Abdullah University of Science and Technology, Mohammed bin Salman (1985- ), Research, Riyadh (Saudi Arabia), Saudi Arabia, Start-ups, United States International Relations

‘To the Future’: Saudi Arabia Spends Big to Become an A.I. SuperpowerThe oil-rich kingdom is plowing money into glitzy events, computing power and artificial intelligence research, putting it in the middle of an escalating U.S.-China struggle for technological influence. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Adam Satariano and Paul Mozur

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Binance Founder Should Get Three Years in Prison, Prosecutors Say

Leave a Comment / Binance, Computers and the Internet, Embargoes and Sanctions, Entrepreneurship, Frauds and Swindling, Jones, Richard A, Money Laundering, Philanthropy, Prisons and Prisoners, Virtual Currency, Zhao, Changpeng

Binance Founder Should Get Three Years in Prison, Prosecutors SayDefense lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Yaffe-Bellany

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After Figma’s $20 Billion Windfall Evaporated, It’s Picking Up the Pieces

Leave a Comment / Adobe Systems Inc, Computers and the Internet, Entrepreneurship, Field, Dylan (1992- ), Figma Inc, Mergers, Acquisitions and Divestitures, Regulation and Deregulation of Industry, Silicon Valley (Calif), Software, Start-ups, Venture Capital

After Figma’s $20 Billion Windfall Evaporated, It’s Picking Up the PiecesRegulatory scrutiny felled the sale of Figma, a design platform, to Adobe. Now it’s grappling with employee expectations and a changing market. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith

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From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money

Leave a Comment / Bankruptcies, Bird Rides Inc, Carta Inc, Computers and the Internet, Entrepreneurship, Shutdowns (Institutional), Start-ups, Venture Capital, WeWork Companies Inc

From Unicorns to Zombies: Tech Start-Ups Run Out of Time and MoneyAfter staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith

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The Fear and Tension That Led to Sam Altman’s Ouster at OpenAI

Leave a Comment / Altman, Samuel H, Amodei, Dario, Anthropic AI LLC, Appointments and Executive Changes, Artificial Intelligence, Boards of Directors, Brockman, Greg, ChatGPT, Computers and the Internet, Entrepreneurship, Murati, Mira, Musk, Elon, OpenAI Labs, Research, Start-ups, Workplace Environment

The Fear and Tension That Led to Sam Altman’s Ouster at OpenAIThe departure of the high-profile boss of the San Francisco company drew attention to a philosophical rift among the people building new A.I. systems. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Cade Metz

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Sam Bankman-Fried’s Wild Rise and Abrupt Crash

Leave a Comment / Alameda Research LLC, Bankman-Fried, Sam, Computer and Video Games, Computers and the Internet, Entrepreneurship, Frauds and Swindling, HK FTX Trading Ltd (Futures Exchange), Virtual Currency

Sam Bankman-Fried’s Wild Rise and Abrupt CrashThe crypto king gambled that his trading platform would make him a benevolent trillionaire. But after a fraud conviction, all bets are off. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Streitfeld

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Elizabeth Holmes Reports to Prison in Texas on Tuesday

Leave a Comment / Balwani, Ramesh, Computers and the Internet, Entrepreneurship, Evans, William "Billy", Frauds and Swindling, Holmes, Elizabeth (1984- ), Prisons and Prisoners, Start-ups, Tests (Medical), Theranos Inc, Venture Capital

Elizabeth Holmes Reports to Prison in Texas on TuesdayThe disgraced founder of the blood testing start-up Theranos, who was convicted of fraud, turned herself in at a minimum-security prison in Texas. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith

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Reid Hoffman Is Praising the Virtues of AI

Leave a Comment / Artificial Intelligence, Boards of Directors, Computers and the Internet, emergingtech, Entrepreneurship, Greylock Partners, Hoffman, Reid Garrett, Inflection AI Inc, Innovation, Microsoft Corp, OpenAI Labs, Silicon Valley (Calif), Start-ups, Venture Capital

Reid Hoffman Is Praising the Virtues of AIFew are as involved in so many different artificial intelligence efforts as Mr. Hoffman, a Silicon Valley investor who co-founded LinkedIn.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith Powered by WPeMatico

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Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes Next

Leave a Comment / Balwani, Ramesh, Content Type: Personal Profile, Entrepreneurship, Evans, William "Billy", Frauds and Swindling, Holmes, Elizabeth (1984- ), internal-sub-only, Securities and Commodities Violations, Suits and Litigation (Civil), Theranos Inc, Women and Girls

Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes NextThe black turtlenecks are gone. So is the voice. As the convicted Theranos founder awaits prison, she has adopted a new persona: devoted mother.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Amy Chozick Powered by WPeMatico

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Silicon Valley Bank’s Collapse Chills Start-Up Funding

Leave a Comment / Banking and Financial Institutions, Computers and the Internet, Entrepreneurship, Silicon Valley Bank, Start-ups, Techstars LLC, Venture Capital

Silicon Valley Bank’s Collapse Chills Start-Up FundingTwo weeks after the bank failed, the fallout has hit the start-up market as investors pull back further and fear has risen.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith Powered by WPeMatico

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