Recently, Microsoft (MSFT) acquired former OpenAI Founder Sam Altman after the AI executive was ousted by his firm's board of directors. The company received backlash in the form of an open letter from employees to the board, demanding that OpenAI’s remaining board members resign or those OpenAI employees will join Altman at Microsoft. The New York Times reported a letter showing over 700 employees signing that letter, which the company only has 770 employees. Robust.AI and Geometric Intelligence Founder Gary Marcus joins Yahoo Finance to discuss why he believes, regardless of this news, OpenAI and its technology are a bit overhyped for the current sentiment. "One other thing, which I think is really interesting, which is people were valuing OpenAI at $86 billion. I've always thought that was a mistake. I think the technology's actually far from ready from prime time. The amount of money being made so far is relatively small and it's really interesting that most of the engineers seem to be willing to leave whatever OpenAI allegedly had behind," Marcus explains. "Maybe this stuff isn't as promising as people thought." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingSam Altman and OpenAI's board have opened discussions with the aim of bringing back the former CEO of the artificial intelligence startup, Bloomberg News reported on Tuesday, citing people familiar with the matter. Discussions are happening between Altman and at least one board member, Adam D'Angelo, and the former CEO could return as a director on a transitional board, the report said. The AI company behind ChatGPT fired Altman in a shock move on Friday and before the weekend was over, OpenAI investor Microsoft had hired him and Greg Brockman, another co-founder of the startup...
Continue ReadingIf you have an extensive movie collection, you may want to share it with other devices on your home network. Here's how you can use Plex to create your own mini Netflix...
Continue ReadingA report says Jeff Bezos, Amazon's founder, could be selling more stock of the e-commerce and tech company...
Continue ReadingChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies for more wide-ranging needs. While there is a more…nefarious side to ChatGPT, it’s clear that AI tools are not going away anytime soon. Since its initial launch nearly a year ago, ChatGPT has hit 100 million weekly active users, and OpenAI i...
Continue ReadingThe downtrend in the broader market likely added to the pressure, but the catalyst that pushed the e-commerce and cloud computing leader lower was a report that former CEO and founder Jeff Bezos was selling a large chunk of Amazon stock -- but the devil's in the details. A regulatory filing submitted last week showed that Jeff Bezos had disposed of two large swaths of Amazon stock. The Form 4, which provided details of the transactions, showed the billionaire disposed of more than 1.6 million shares of Amazon stock worth more than $239 million...
Continue ReadingNvidia Corporation reported strong fiscal Q3 earnings and provided a positive guidance for the current quarter. Find out why NVDA stock is still a Hold...
Continue ReadingApple has released an almost four-minute ad for Christmas, showing a stop-motion animator who gets to see her boss "through a new lens."...
Continue ReadingBezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said. A representative for Bezos did not immediately respond to a Reuters request for comment and neither did Amazon, whose shares were trading 2.5% lower on Tuesday. After stepping down as Amazon's CEO, Bezos has been liquidating his shares in the e-commerce behemoth to fund his space venture Blue Origin...
Continue ReadingThe new M3 14-inch MacBook Pro is a better bargain than the outgoing 13-inch MacBook Pro, on paper. But, given where it sits on Apple's Mac ladder, it's hard to recommend to everybody...
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