The recent ouster of Altman from OpenAI indicates a failure in aligning the values of board members and leadership within an organization meant to align superintelligent AI with humanity. The addition of a profit-seeking component to the nonprofit project turned it into a powerful force in the AI industry. The original intent was for product …
Dave Clark Considering 2026 Gubernatorial Run in Texas Dave Clark, the former CEO of freight and logistics firm Flexport, is reportedly exploring a potential bid for the Texas gubernatorial race in 2026. Known for his work as a longtime executive at Amazon, where he played a key role in developing the company’s shipping operations, Clark …
Several startups specializing in AI-powered drug discovery have recently secured substantial funding. Causaly, BenchSci, Iktos, TandemAI, and Protai have all closed significant funding rounds this year. Joining this list is Genesis Therapeutics, which recently announced the completion of a $200 million Series B funding round. This round brings the total funding for the Burlingame, California-based …
The Covid pandemic has had a significant impact on start-up valuations, and Hopin is a prime example. In just nine months, from November 2020 to August 2021, the company’s valuation skyrocketed from $2 billion to $7.75 billion. This tremendous growth made Johnny Boufarhat, the 29-year-old CEO and founder of Hopin, a paper billionaire. Boufarhat also …
Working for Start-Ups in London: Reality vs Myth Swanky offices complete with ping-pong tables and bean bags, extravagant social events, and indulgent free meals – these are just a few of the perks associated with working for a cutting-edge start-up company. However, according to Sam Franklin, the co-founder and CEO of start-up job site Otta, …
Luna, the amalgamation of hologram technology and AI known as ChatGPT, is revolutionizing the way we interact with artificial intelligence. By simply speaking to Luna, she responds using the generative software to provide prompt and informative answers. Despite the fact that ChatGPT is not as advanced as custom AI systems developed by companies, HYPERVSN allows …
Elon Musk, the CEO of Tesla and owner of Twitter, launched his highly anticipated artificial intelligence startup, xAI, on Wednesday. This startup aims to challenge major US technology firms, such as Google and Microsoft, in their pursuit of building an alternative to ChatGPT. Musk has been vocal about his belief that AI development should be …
The Black British Business Awards (BBBAwards) have recently announced the finalists for 2023, setting the stage for their highly anticipated 10th Anniversary ceremony in October. As the foremost UK awards ceremony of its kind, the BBBAwards aim to recognize and celebrate the exceptional performance of Black professionals and entrepreneurs. On the 13th of October, this …
Joonko, a technology startup focused on diversity, equity, and inclusion (DEI), is facing allegations of misleading investors by falsely claiming partnerships with major US companies and inflating the size of its business. The New York-based startup, known for its AI-powered job recruitment platform, raised $25 million in funding but is now on the brink of …
In a show of confidence in the biotech sector, Oracle has made a significant investment of £150m in the upcoming London float of British biotech company, Oxford Nanopore. This move solidifies Oracle’s role as a cornerstone investor and sets the stage for a promising partnership. Founded in 2005, Oxford Nanopore specializes in the development of …