Everything seemed to be going his way. Then his time at OpenAI was over.
Category: Start-ups
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Laser Fusion Start-Ups Ignite the Quest for Boundless Energy
Companies are looking to commercialize advances made by federally supported research labs in the quest for boundless energy.
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WeWork Files for Bankruptcy Amid Glut of Empty Offices
The move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases.
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Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
Tech investors lauded Mr. Bankman-Fried and helped fund his FTX crypto exchange. The tech industry has since done what it does best: move on.
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Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX
Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
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Top FTX Executive Says Sam Bankman-Fried Used Customer Money for ‘Excess’ Spending
Nishad Singh, testifying at Mr. Bankman-Fried’s fraud trial, said FTX customer deposits were used to buy luxury real estate and to pay athletes like Tom Brady and Steph Curry for endorsement deals.
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‘Start-Up Nation’ Is Tested as Israel’s Reservists Leave Their Desks
The tech industry in Israel, including many small firms, is trying to adjust as a big military mobilization cuts their work force.
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Caroline Ellison, Star Witness in Sam Bankman-Fried Trial, Says He Made ‘Terrible Mistakes’
Mr. Bankman-Fried’s lawyers sought to poke holes in Ms. Ellison’s testimony, but her account remained largely consistent.
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Israeli Start-ups Are Joining the Fight Against Hamas
The country is mobilizing 360,000 reservists as it prepares a major offensive in Gaza — including entrepreneurs and their young staff.
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Gary Wang, a FTX Founder, Says Sam Bankman-Fried Steered Misuse of Funds
Mr. Wang is one of three key witnesses who pleaded guilty and agreed to cooperate against Mr. Bankman-Fried, the onetime crypto mogul on trial for fraud.
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A Start-Up’s Alternative to Uber: Employing Its Own Drivers
Alto is trying to fill a more expensive niche, especially as politicians and labor groups argue that the contractor model exploits drivers.