Although OpenAI still straggles behind Anthropic in a closely watched measure of AI adoption among businesses, there’s a spark of hope for CEO Sam Altman’s company. OpenAI has an advantage over its rival’s priciest and most advanced model, according to new data from Ramp’s AI Index. The data shows that Anthropic’s Fable 5 model generated
Unwell, the media company co-founded by married couple Alex Cooper and Matt Kaplan, has landed its first outside investor: Patrick Whitesell, co-founder of WME and former executive chairman of successor company Endeavor. Whitesell’s WTSL, an investment firm focused on media, entertainment and sports he launched after exiting Endeavor and WME last year, has invested an
DoorDash is set to become a Nevada-incorporated company. Shareholders controlling 54.2% of the delivery service’s voting power agreed to end its incorporation in Delaware and head west, according to a Tuesday filing with the Securities and Exchange Commission. The move was made with the written consent of the shareholders, including cofounders Tony Xu, Andy Fang,
Veteran OpenAI executive Brad Lightcap announced on Tuesday that he’s leaving the company, the latest departure at the AI juggernaut as it orients itself toward an initial public offering. Lightcap served as the company’s chief financial officer and chief operating officer during his eight-year tenure, and most recently led a special projects team at OpenAI.
Investors are hunting for social media startups that can spark new connections and nurture existing ones. “Social media companies started based on connection,” Shawn Carolan, a partner at Menlo Ventures, said of the previous wave of giants like Facebook and Instagram. Carolan said these companies “evolved into media companies” and abandoned that connection. That leaves
How far we get in our careers, we tend to believe, depends on us: our intelligence, our temperament, our hustle. But where we work and the support we get there matter immensely too. Does your company promote from within, or does it hire senior people from elsewhere? Does it spend real money on training and