The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
Category: Start-ups
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The End of Faking It in Silicon Valley
Recent charges, convictions and sentences all indicate that the start-up world’s habit of playing fast and loose with the truth actually has consequences.
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How ChatGPT and Bard Performed as My Executive Assistants
The New York Times – Business:Google’s Bard chatbot fared far worse than OpenAI’s ChatGPT, but human assistants might soon be out of their jobs.
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Silicon Valley Bank’s Collapse Chills Start-Up Funding
The New York Times – Business:Two weeks after Silicon Valley Bank failed, the fallout has hit the start-up market as investors pull back further and fear has risen.
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Chatbot Start-Up Character.AI Valued at $1 Billion in New Funding Round
The New York Times – Business:Founded by ex-Google employees, the Silicon Valley company is among the few start-ups poised to compete with OpenAI, the creator of ChatGPT.
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Crypto Wants Its Shine Back
The New York Times – Business:After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
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48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure
The New York Times – Business:The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.
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Silicon Valley Bank’s Deep Ties to the Tech Industry
The New York Times – Business:More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
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Stripe Raises New Funding That Values It at $50 Billion
The New York Times – Business:The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.
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How Silicon Valley Bank Sparked Global Financial Panic
The New York Times – Business:While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.