As OpenAI and Anthropic prepare to go public, tech workers making six figures are grousing that they cannot compete with the new A.I. elite. Some doubt they can afford to stay.
Category: Start-ups
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OpenAI Leans Toward Holding Up I.P.O. Until Next Year
The A.I. company’s advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX’s stock has been volatile and as the start-up grapples with financial challenges.
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Go Ask Alice Why Tech Start-Ups Are Spending Big on Hype Videos
A Mad Hatter and a giant rabbit sit around a table discussing an A.I. start-up. This is normal behavior around the Bay Area these days.
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Cerebras, A.I. Chip Maker, Rises 89% in Market Debut
Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take steps to go public.
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Anthropic’s C.E.O. Says It Could Grow by 80 Times This Year
The chief executive, Dario Amodei, said the rapid growth had exponentially increased the start-up’s need for more computing power.
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Why So Many People Already Own Shares of Elon Musk’s SpaceX
Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.
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What Elon Musk’s Clash With Sam Altman of OpenAI Is Really About
Mr. Musk’s lawsuit against Mr. Altman and OpenAI makes the case that all-encompassing greed is Silicon Valley’s defining feature.
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A.I. Start-Ups From Canada and Germany Merge to Take On Silicon Valley
Cohere is acquiring Aleph Alpha in a deal aimed at customers uneasy about the dominance of American companies in artificial intelligence.
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Sam Altman’s Next High-Wire Act: Getting OpenAI to Make More Money
Mr. Altman, who has faced criticism over OpenAI’s direction, has culled company projects and is trying to be more disciplined with strategy.
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DeepSeek’s Sequel Set to Extend China’s Reach in Open-Source A.I.
Chinese companies have embraced making their most advanced artificial intelligence models available to all.
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Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud
Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins.