The first installment of Elon Musk’s AI-generated adaptation of “The Odyssey” has arrived, drawing swift ridicule for the medium Musk claimed would challenge Hollywood and offering an awkward AI-generated entry into the woke wars. Back in July, the world’s richest man promised in an X post that by the end of the year, he would
Neil Murray does not talk like an executive preparing to automate a workforce. As the head of Real Estate Management Services at commercial property giant JLL, Murray oversees an organization of more than 88,000 people responsible for keeping the nearly six billion square feet of buildings in his purview functioning daily. Yet when conversation turns
Artificial intelligence has become such a powerful force in financial markets that semiconductor stocks are now doing more to explain movements across asset classes than oil prices, according to Goldman Sachs. “Tech has become an increasingly important driver of risk appetite,” Goldman analysts wrote in a note published on Monday. The bank found that exposure
Microsoft is offering buyouts to roughly 60,000 employees, or about 27% of its workforce, as the software giant continues to spend heavily on artificial intelligence. In a note to employees on Monday, chief people officer Amy Coleman introduced the new program, noting that eligible employees include senior leaders, up to vice presidents. “This offer gives
For years, one of the biggest unanswered questions about the artificial intelligence boom has been surprisingly simple: Can the companies building the world’s most powerful AI models actually make money? After spending hours poring over Anthropic’s IPO filing on Monday, we finally have an answer: Yes. And potentially lots of it. A couple of Chinese
When Anthropic goes public, the stock its seven cofounders hold stands to be worth up to $200 billion between them, carved up into seven nearly identical piles. Each cofounder, including siblings Dario and Daniela Amodei, holds a stake of between 231 million and 244 million shares. Those stakes would be worth about $21 billion to
