Author: Press Room

© Reuters. OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology & the Law Subcommittee hearing titled ‘Oversight of A.I.: Rules for Artificial Intelligence’ on Capitol Hill in Washington, U.S., May 16, 2023. REUTERS/Elizabeth Frantz/File Ph By Greg Bensinger (Reuters) – Artificial intelligence may be well-known for generating human-like images out of whole cloth, but if the software has a public face it is Sam Altman’s. The co-founder of OpenAI, which caused a sensation just a year ago with the introduction of ChatGPT, Altman has presented himself as the benevolent wizard behind the curtain of a technology that…

Nikola (NASDAQ:NKLA) Chief Financial Officer Anastasiya Pasterick informed the electric-truck maker that she is resigning from her position to pursue other opportunities. Tramino/iStock Unreleased via Getty Images According to a filing, Pasterick will continue to serve as CFO and assist with a transition through December 1. The company expects to conclude a search for a replacement for Pasterick soon. Key financial leadership will report to CEO Stephen Girsky in the interim. Shares of the company were down 0.9% in after-market trading. Pasterick took the position of CFO in March this year succeeding Kim Brady. The announcement for change in leadership…

A Colorado judge ruled on Friday that former President Donald J. Trump could remain on the ballot in the state, rejecting the argument that the 14th Amendment prevents him from holding office again.It was the first time a court had ruled on the merits of whether Mr. Trump, with his actions before and during the Jan. 6, 2021, attack on the U.S. Capitol, had engaged in insurrection against the Constitution after taking an oath to support it — an offense deemed disqualifying by Section 3 of the 14th Amendment, which was ratified in 1868 to keep former Confederates out of…

Scientists on an expedition near the Galápagos Islands followed a trail of crabs on the ocean floor.The crabs led them to a field of hydrothermal vents, or deep-sea hot springs.The vent field was named “Sendero del Cangrejo,” or “Trail of the Crabs.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Clusters of white crabs on the ocean floor helped lead scientists to a new discovery off the Galápagos Islands: a field of hydrothermal vents, or deep-sea hot springs, full of life.The scientists were on an expedition…

Stay informed with free updatesSimply sign up to the Investments myFT Digest — delivered directly to your inbox.Entain shares have sunk by about 30 per cent since the start of the year, with sentiment being hit by an HM Revenue & Customs investigation into potential bribery issues at the Ladbrokes and Coral owner’s former Turkish operations. The gambling business has taken a £585mn provision because of the matter. The company has also warned about struggling online net gaming revenue (NGR). A third-quarter trading update released at the start of November confirmed that online NGR was down by 6 per cent on…

© Reuters. Federal Reserve Bank of Boston President Susan Collins stands behind the Jackson Lake Lodge in Jackson Hole, where the Kansas City Fed holds its annual economic symposium, in Wyoming, U.S., August 24, 2023. REUTERS/Ann Saphir/File Photo By Howard Schneider BOSTON (Reuters) – Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage to the job market by taking a “patient” approach to any further interest rate moves. Collins said that while she is not taking the possibility of further rate increases off the table, “by…

© Reuters. FILE PHOTO: The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Lions Gate Entertainment has suspended advertising on Elon Musk-owned X, a spokesperson for the company said on Friday. Apple (NASDAQ:) is also pausing all advertising on X, Axios reported, after Musk backed an antisemitic post on the social media platform earlier this week.

SlavkoSereda/iStock via Getty Images Crude oil rebounded Friday from four-month lows hit in the previous session, as traders see a growing likelihood that OPEC and its allies will work to stop the nearly 20% plunge in prices since late September. Reuters and Financial Times both reported that OPEC+ is expected to consider whether to make additional oil supply cuts when the group meets later this month. Saudi Arabia, Russia and other OPEC+ members already have pledged total cuts of more than 5.1M bbl/day, or ~5% of daily global demand, in a series of steps that started late last year, but…

New Jersey is pushing forward in its bid to source electricity from offshore turbines, despite Danish developer Orsted’s withdrawal from the state.The state’s Board of Public Utilities voted Friday to move forward on a proposed transmission facility for future offshore wind projects, a key component in connecting them to the land-based electrical grid.Friday’s vote, largely a vote of confidence in future wind initiatives, followed the loss of two major offshore projects triggered by Orsted’s departure.Despite the loss of two major offshore wind farm projects when Danish developer Orsted pulled out of New Jersey, the state is moving forward with its…

OpenAI CEO Sam Altman is out, the company’s board said late Friday.Mira Murati, OpenAI’s chief technology officer, will replace Altman as the interim CEO. The 34-year-old mechanical engineer originally from Albania is an alum of tech companies like Tesla and Leap Motion. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app OpenAI’s new CEO is a 34-year-old originally from Albania who’s already a force in artificial intelligence after stints at companies including Tesla and Leap Motion. Mira Murati had been OpenAI’s chief technology officer until the board…