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John Schulman, the co-founder of OpenAI, recently announced his departure from the Microsoft-backed company to join Anthropic, an artificial intelligence startup funded by Amazon. This move comes shortly after the dissolution of OpenAI’s superalignment team, which was dedicated to ensuring human control over advanced AI systems. Schulman, who led OpenAI’s post-training team focused on AI
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When Donald Trump, the Republican nominee for president, received support from a portion of the tech investing world, a significant number of venture capitalists immediately rallied behind Vice President Kamala Harris, the likely Democratic nominee. Over 100 VCs joined forces to endorse Harris as she gears up for the November election. This group, known as
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Bill Ackman’s hedge fund, Pershing Square USA, recently withdrew its plans for an initial public offering due to what appeared to be a lack of investor demand. This decision came shortly after the fund announced its intention to raise $2 billion, a significant decrease from the previously speculated $25 billion. Despite the setback, Ackman expressed
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Chipotle Mexican Grill reported quarterly earnings and revenue that exceeded analysts’ expectations, showcasing a robust performance despite industry concerns. The company’s second-quarter net income increased to $455.7 million, or 33 cents per share, up from $341.8 million, or 25 cents per share, in the prior year. Chipotle’s profits were bolstered by price increases that helped
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Elon Musk, the CEO of Tesla, recently posted a poll on social media platform X, seeking opinions on whether Tesla should invest $5 billion into his newest startup, xAI. This informal poll raised questions about the future of Tesla’s investments and the potential impact on the company’s financial stability. It also highlighted Musk’s ambitious goals
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The highly anticipated revamp of Electronic Arts’ college football game, EA Sports College Football 25, has taken the gaming world by storm. With the game officially debuting on Friday, many longtime fans of the series are experiencing a technological leap from a flip phone to an iPhone in terms of gameplay. The revamped features and
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The health care insurance sector saw a positive uptick in midday trading, with companies like Humana and UnitedHealth Group gaining around 1% each. The increased likelihood of a Donald Trump victory in the upcoming presidential election has raised hopes of fewer cost pressures in the industry. Wolfe Research has also identified Humana as a potential
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In a surprising turn of events, Elon Musk, the CEO of Tesla, publicly endorsed Donald Trump for the upcoming U.S. presidential race. This marks a significant shift in Musk’s political stance, as he has previously voiced his support for Democratic candidates, including Hillary Clinton and Joe Biden. Musk’s endorsement of Trump has raised eyebrows among
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