OpenAI Completes Deal That Values the Company at $80 Billion
OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly tripling its valuation in less than 10 months, according to three people with knowledge of the deal. The company would sell existing shares in a so-called tender offer led by the venture firm Thrive Capital, the […]
The Quest for a DNA Data Drive
How much thought do you give to where you keep your bits? Every day we produce more data, including emails, texts, photos, and social media posts. Though much of this content is forgettable, every day we implicitly decide not to get rid of that data. We keep it somewhere, be it in on a phone, […]
Air Canada Has to Honor a Refund Policy Its Chatbot Made Up
After months of resisting, Air Canada was forced to give a partial refund to a grieving passenger who was misled by an airline chatbot inaccurately explaining the airline’s bereavement travel policy. On the day Jake Moffatt’s grandmother died, Moffat immediately visited Air Canada’s website to book a flight from Vancouver to Toronto. Unsure of how […]
Maggie Jackson on what we can learn from uncertainty
One of the things that human beings seem to fear is uncertainty. Most of us like to know things, and when we don’t know things, we get uncomfortable. And when we’re forced to face the unknown, our response is often to retreat into old ideas and routines. Why is that? What’s so unnerving about ambiguity? […]
How AI is redefining data-based roles
Today’s AI capabilities rely on enormous quantities of data — and as a result, data professional are reimagining their roles in the enterprise. The AI revolution in which we’re embroiled today has progressed at such breakneck speed, 77% of business leaders already worry they’re missing out on the benefits, according to a November 2023 Salesforce […]
FTC rule finalized – governments and business protected from AI impersonation scams
The Federal Trade Commission has approved a regulation prohibiting impersonating a government agency or commercial entity, and it is pursuing action against the use of artificial intelligence in impersonation fraud schemes. The rule, which the commission finalized on Thursday, gives the FTC more powerful instruments to fight impersonation schemes. With the new rule, the Federal […]
Flowers grown floating on polluted waterways can help clean up nutrient runoff
Enlarge / The cut flowers could pay for themselves and even turn a profit. Flowers grown on inexpensive floating platforms can help clean polluted waterways, over 12 weeks extracting 52 percent more phosphorus and 36 percent more nitrogen than the natural nitrogen cycle removes from untreated water, according to our new research. In addition to […]