OpenAI sees $5 billion loss this year on $3.7 billion in revenue
Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg |
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business news
Google should be prosecuted over search results he says favor Harris
Republican presidential nominee and former U.S. President Donald Trump speaks to the press at Trump Tower in New York City, U.S., September 26,
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America’s coal communities could help the U.S. triple nuclear power
A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia.
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Hands-on with Meta’s Orion augmented-reality smart glasses prototype
Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company’s
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OpenAI’s CFO says funding round should close by next week in letter
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI CFO Sarah Friar
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JPMorgan Chase is prepared to sue the U.S. government over Zelle scams
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing
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European markets: stocks, news and data
Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets closed at a fresh record high Friday, as stocks tracked higher on
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Prices rise 2.2%, less than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.
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Oil alliance OPEC+ zeroes in on group compliance
Dilara Irem Sancar | Anadolu | Getty Images The OPEC+ alliance is once more cracking down on group compliance with oil output cuts,
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OpenAI’s Sam Altman tells employees he didn’t get ‘giant equity stake’
At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a “giant equity stake”
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