ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company’s pre-money valuation at $730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder Sam Altman.
WASHINGTON (AP) – A public showdown between the Trump administration and Anthropic is hitting an impasse as military officials demand the artificial intelligence company bend its ethical policies by Friday or risk damaging its business.
BANGKOK (AP) – Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.
NEW YORK (AP) – Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.
GENEVA (AP) – World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with the late sex offender Jeffrey Epstein. Brende, a former Norwegian foreign minister, said in a statement that he had decided “after careful consideration” to step down as president and chief executive of the forum.
Target will stop selling cereals containing synthetic colors by the end of May. The Minneapolis-based discounter said Friday it had been phasing out synthetic colors in cereals for several years. Right now, 85% of its cereal sales already come from products made without synthetic dyes. Target said it has worked with brands to reformulate products as needed.
WASHINGTON (AP) – Anthropic CEO Dario Amodei said Thursday that the artificial intelligence company “cannot in good conscience accede” to the Pentagon’s demands to allow unrestricted use of its technology, deepening a public clash with the Trump administration that is threatening to pull its contract and take other drastic steps by Friday.
Excerpts from recent editorials in the United States and abroad:
SEOUL, South Korea (AP) – South Korea’s government on Friday said it will allow Google to export detailed mapping data of the country to overseas servers under certain security requirements, responding to years of frustration by foreign travelers who found that Google Maps didn’t work effectively in the country.
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