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Pinterest fires engineer who created layoffs tracker; CEO tells employees at townhall: I know people have …

Pinterest has fired several engineers who created an internal software tool to track layoffs at the company, according to reports. This move came into light after employees attempted to quantify job cuts following Pinterest’s January 27 announcement that it would layoff less than 15% of its workforce and reduce office space as part of a…

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OpenAI is reportedly seeing exit of senior-level employees after CEO Sam Altman makes it compulsory to use…

OpenAI is experiencing a significant exodus of senior researchers as CEO Sam Altman prioritizes ChatGPT development over long-term AI exploration. Key figures, including a VP of research, have departed due to resource allocation disputes, with experimental projects reportedly sidelined. This strategic shift, driven by intense competition, leaves some teams feeling marginalized and questioning their original…

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Nvidia CEO Jensen Huang on why $250 billion-plus wipe out in global stock markets triggered by Anthropic AI is purely ‘ILLOGICAL’

Jensen Huang, CEO, Nvidia Nvidia CEO Jensen Huang has dismissed the market panic that recently erased over $250 billion from global software stocks. Defending the software industry against fears that AI will make it obsolete, the chief executive of the world’s most valuable company has said that this concern is the “most illogical thing.” Speaking…

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OpenAI CEO Sam Altman shares update on $555,000 position he shared hiring note on, says: Things are about to …

OpenAI CEO Sam Altman has announced that the company’s much-discussed ‘head of preparedness’ role advertised in December last year with a base salary of up to $555,000 a year has now been filled. The position went to Dylan Scandinaro, a former member of the AI safety team at rival company Anthropic. Altman took to social…

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Walmart hits $1 trillion market cap, days after new CEO made it clear that he is willing to change everything except …

Walmart reached a market capitalization of over $1 trillion on Tuesday (February 3). This makes the American company the first retailer in the world to join an exclusive club of companies to reach a 13-figure valuation that mostly consists of technology companies like Google, Nvidia, Amazon, Microsoft and Meta. The company has been riding on…

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Days after DHS names ICE among Palantir’s customers, CEO Alex Karp sends ‘defence letter’ to shareholders

Palantir CEO Alex Karp sent a letter to shareholders to defend the company’s work with US government agencies. This comes days after documents from the Department of Homeland Security (DHS) confirmed that Palantir is among the contractors providing AI tools to Immigration and Customs Enforcement (ICE).In the letter (seen by CNBC), Karp argued that Palantir’s…

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French police raid France offices of Elon Musk’s X, Telegram CEO Pavel Durov says: ‘France is the only country in the world that…’

Telegram founder and CEO Pavel Durov has criticised the French government after the Paris prosecutor’s cyber-crime unit conducted a raid on the local offices of Elon Musk-owned social media platform, X (formerly Twitter). The raids are a part of an investigation which the government launched into suspected offences including unlawful data extraction and alleged child…

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