Author: Press Room

Kevin O’Leary’s company says it was caught off guard by a Utah lawmaker’s demand to dramatically shrink its proposed AI data center campus.On Monday, Utah Senate President J. Stuart Adams said he sent a letter to the celebrity investor calling for a 75% reduction in the proposed data center campus.Adams — who also chairs the Military Installation Development Authority, which gave the project an initial approval in April — wrote that he wants the Box Elder County data center to be reduced from 40,000 acres to about 10,000 acres. He also said he wanted stronger commitments on water, conservation, environmental…

Robert Way/iStock Editorial via Getty ImagesTaiwan’s Foxconn (FXCOF) announced a collaboration with Intel (INTC) to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms, aiming to deliver end-to-end AI solutions. “By combining Intel’s strengths in processor architecture, silicon technologies, and software ecosystem with Foxconn’s global

The NBA Finals began on Wednesday at Frost Bank Center in Texas, with the New York Knicks taking on the San Antonio Spurs.The Knicks made their first Finals appearance in more than two decades, and capped off the night with a 105-95 victory over the Spurs.The highly anticipated matchup drew a star-studded crowd of business executives, celebrity fans, and sports personalities.Here are the famous people we spotted.Ben Stiller Ben Stiller was seen cheering on the New York Knicks at the game.  Gregory Shamus/Getty Images Ben Stiller, a longtime Knicks fan, was seen cheering in the crowd during the game.After the…

Russia has been plagued for years by friendly-fire incidents with its glide bombs, showing flaws in how Moscow is waging its airstrike campaign, said the UK defense ministry.”These instances demonstrate continued errors in Russia’s ability to successfully employ their munitions on intended targets,” the ministry said in an intelligence update published on Wednesday.The update cited an independent Russian open-source intelligence group, Astra, which has for years reported on and posted footage of destruction caused by glide bombs dropped on Russian soil and occupied Ukrainian territories.The group said in late May that the Russian air force had dropped at least 25…

A squad of media heavyweights turned up at the NBA Finals on Wednesday evening.Among them were Disney board member Bob Iger, Disney CEO Josh D’Amaro, ESPN chairman Jimmy Pitaro, and NBA Commissioner Adam Silver.The group was spotted at Frost Bank Center in San Antonio as the New York Knicks took on the San Antonio Spurs in the first game of the NBA Finals.Their presence later earned a shoutout on the ABC broadcast.The commentators for the night — Mike Breen, Richard Jefferson, and Tim Legler — joked that the four men made up a “murderers’ row of executives” and looked extremely…

OpenAI CFO Sarah Friar said it’s hard to describe what it feels like to use the company’s closely-guarded AI hardware device.”It feels very natural, but it feels very lovable,” Friar said during a live interview at the “All-In Podcast” team’s Liquity Summit in California.When the co-hosts of the “All-In” podcast pressed her on whether Jony Ive-led device is an earpiece, she joked about the legendary iPhone designer’s potential response.”If I tell you it’s an earpiece, Jony will come and steal my teenage son,” Friar said. “I might give him to him.”Friar described a visceral reaction to using the device.”What Johnny…

After Microsoft released findings from its latest employee surveys, some workers took to an internal message board to question the results, according to comments viewed by Business Insider.These employees wondered whether the surveyed had been watered-down, especially when it comes to issues around compensation at the software giant.For years, one question in particular served as a barometer for employee sentiment. It asked whether employees felt they were getting a “good deal at Microsoft (i.e. there is a reasonable balance between what I contribute to Microsoft and what I get in return).”In previous years, after low and declining responses to this…

Uber is laying off nearly a quarter of its People and Places staff — but not because of AI, the company said.The department oversees teams from human resources to recruitment. The job cuts amount to less than 1% of Uber’s global workforce of 34,000 employees, a spokesperson said.The layoffs come less than a month after Uber named Jill Hazelbaker to the newly created role of chief corporate affairs officer and president.Hazelbaker, who has worked at Uber since 2015, said in a memo to staff on Wednesday that the layoffs reorganize teams that “have become too complex and fragmented, with overlapping…

kodda/iStock via Getty ImagesEnergy Transfer (ET) disclosed Wednesday that Mackie McCrea will retire on or before December 31, 2026, and co-CEO Thomas Long will become sole CEO upon McCrea’s retirement. In making his decision, Energy Transfer (ET) said McCrea noted his intention

Imagine a family-friendly brand with the initials “TS” that floods the market with bespoke merchandise. Are you thinking of “Toy Story” or Taylor Swift?For now, at least, they’re one and the same. Swift confirmed long-simmering speculation this week when she announced her new single for the “Toy Story 5” soundtrack, “I Knew It, I Knew You,” will be released on Friday.”You knew it! My new original song “I Knew It, I Knew You” for Disney and @Pixar’s @toystory 5 will be yours on June 5th,” Swift wrote on social media, making a nod to her most devoted detectives, who had…