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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In San Francisco’s A.I. Era, Even $180,000 Tech Salaries Are No Longer Enough
The New York Times – Business: -
OpenAI Leans Toward Holding Up I.P.O. Until Next Year
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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.
The New York Times – Business: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
The New York Times – Business: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.