OpenAI is gaining traction in investment banking. The AI firm is looking for someone with two or more years of investment experience to join its applied AI team in San Francisco as a “subject matter expert.” “You will bring a deep and current understanding of how investment banking work is actually performed, including company and
SpaceX has taken off and now Wall Street believes the stars are the limit. Elon Musk’s rocket company made its debut on the Nasdaq 100 index on Tuesday, weeks after raising $85.7 billion in the largest initial public offering in history. Joining the Nasdaq opens SpaceX to a wave of passive buying, in which investors
Your programmer friend is excited… and tired. Midjourney founder David Holz summed up the feeling among many programmers in an X post. His friends “are all feeling extremely productive and also extremely burned out on the latest coding models,” Holz wrote. “This makes me feel like something is wrong and also that there could be
Samsung Electronics on Tuesday announced another successful quarter, forecasting a third consecutive record operating profit, as demand for artificial intelligence chips continued to drive growing memory sales. But investors were not impressed. Following the forecast, Samsung shares fell as much as 10% before closing down 7%. The heavyweight stock dragged the Kospi to a loss
xAI no longer exists. The artificial intelligence company founded by Elon Musk and acquired by his rocket company earlier this year has officially changed its name to SpaceXAI, introducing a new logo and an update to its username to X. SpaceX acquired xAI, including its flagship chatbot Grok, as well as X, in February, putting
The problems of the video game industry crystallize within it Microsoft’s Xbox. A new round of layoffs at the tech giant’s gaming division shows how those pressures are coming home as costs rise and gamers spend more time on just a handful of favorites. Additionally, there are some Microsoft-specific issues to address. “Our business today