Latest Business News, Market Insights & Global Economy Updates
Artificial intelligence is moving quickly into drug discovery as pharmaceutical and biotech companies look for ways to cut years off R&D timelines and increase the chances of success amid rising costs. More than 200 startups are now competing to weave AI directly into research workflows, attracting growing interest from investors. Converge Bio is the latest…
OpenAI is kicking off the new year with yet another acqui-hire. The AI giant is acquiring the team behind Convogo, a business software platform that helps executive coaches, consultants, talent leaders, and HR teams automate and improve leadership assessments and feedback reporting. An OpenAI spokesperson said the company is not acquiring Convogo’s IP or technology,…
OpenAI is looking to hire a new executive responsible for studying emerging AI-related risks in areas ranging from computer security to mental health. In a post on X, CEO Sam Altman acknowledged that AI models are “starting to present some real challenges,” including the “potential impact of models on mental health,” as well as models…
ChatGPT users can now tweak the chatbot’s warmth, enthusiasm, and emoji use, according to a social media post from OpenAI. These options (as well as similar adjustments to ChatGPT’s use of headers and lists) now appear in the Personalization menu and can be set to More, Less, or Default. They allow users to further customize…
When the billionaire chief executive of AI chipmaker Nvidia threw a party in central London for Donald Trump’s state visit in September, the power imbalance between Silicon Valley and British politicians was vividly exposed. Jensen Huang hastened to the stage after meetings at Chequers and rallied his hundreds of guests to cheer on the power…
OpenAI released new data Monday showing enterprise usage of its AI tools has surged dramatically over the past year, with ChatGPT message volume growing 8x since November 2024 and workers reporting they’re saving up to an hour daily. The findings arrive a week after CEO Sam Altman sent an internal “code red” memo about the…
Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system…
OpenAI held its annual dev day on Monday, where the company rolled out its plan to build apps into ChatGPT. The demo was impressive, showing how programs like Spotify and Figma can be called or discovered without leaving the ChatGPT window. With so much of the tech world barreling toward AI integration, OpenAI’s demo was…
Databricks said on Thursday that it is incorporating OpenAI’s models, including GPT-5, into its data platform as well as its AI product, Agent Bricks, as part of a $100 million multi-year deal that bets on the AI company’s ability to bring in enterprise customers. The deal highlights the accelerating race to bring generative AI into…
