Omar Marques | Lightrocket | Getty Images Cohere President Martin Kon says a lot of the hot artificial intelligence startups on the market today are building the equivalent of fancy sports cars. His product, he says, is more like a heavy-duty truck. “If you’re looking for vehicles for your field technical service department, and I … Read more
Roberto Cingolani, chief executive officer of Leonardo SpA, during an interview in London, UK, on Tuesday, Jan. 23, 2024. Bloomberg | Bloomberg | Getty Images The chief executive of Italian defense group Leonardo said Friday that he’s more concerned about the “stupidity” of users of artificial intelligence rather than the threats posed by the technology itself. His comments … Read more
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters Elon Musk is suing OpenAI and its CEO Sam Altman, among others, alleging they abandoned the company’s founding mission to develop artificial intelligence “for the benefit of humanity broadly.” … Read more
A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa | Getty Images News | Getty Images Inflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline and core figures … Read more
A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023. Robert Nickelsberg | Getty Images As of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using … Read more
Mobile World Congress 2024, the world’s biggest mobile trade show, had a lot of future-looking tech on display. Arjun Kharpal | CNBC The Mobile World Congress, the world’s largest mobile show, is a place where device makers show off some of their latest innovations. And there was quite a lot on display in Barcelona, Spain, … Read more
Are dating apps becoming dinosaurs? Bumble announced on Tuesday that it would be cutting over 30% of its total global workforce (over 350 employees) during its Q4 2023 and full-year 2023 earnings report. The shift comes as Gen Z starts to move away from dating apps. A 2023 Statista survey showed that millennials in the … Read more
Snowflake Chairman Frank Slootman attends the Snowflake Summit 2022 in Las Vegas on June 14, 2022. Snowflake | Via Reuters News of Snowflake CEO Frank Slootman’s retirement sparked an 18% plunge in the company’s stock price on Thursday, its steepest selloff since the data analytics software vendor debuted on the New York Stock Exchange in … Read more
With Covid-19 disruptions in the rearview mirror and the cruise industry back on track, another cruise line has taken a step toward possibly going public. Viking Holdings said last week it submitted a draft registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering. The move comes at a … Read more
Soaring rents, rising inflation and student debt are among some of the reasons millennials have struggled to purchase their own homes or build up their savings. Catherine Falls Commercial | Moment | Getty Images A gigantic wealth transfer over roughly the next decade will likely make millennials “the richest generation in history,” according to a … Read more
