financetom
Business
financetom
/
Business
/
Market Chatter: Microsoft-Backed OpenAI Disbands Team Keyed on Long-Term AI Risks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Microsoft-Backed OpenAI Disbands Team Keyed on Long-Term AI Risks
May 17, 2024 11:48 AM

02:20 PM EDT, 05/17/2024 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI dissolved its team that focused on the long-term risks posed by artificial intelligence just a year after announcing the group, CNBC reported Friday, citing a person familiar with the situation.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 418.82, Change: -2.17, Percent Change: -0.52

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Two Seas Capital Opposes Core Scientific–CoreWeave Merger, Calls Deal Undervalued, Risky For Shareholders
Two Seas Capital Opposes Core Scientific–CoreWeave Merger, Calls Deal Undervalued, Risky For Shareholders
Aug 8, 2025
Two Seas Capital, the largest active shareholder of Core Scientific ( CORZ ) Inc , on Friday announced it will vote against the proposed all-stock acquisition by CoreWeave ( CRWV ) , citing a significantly undervalued offer and structural flaws that expose shareholders to undue risk. In an open letter released on Thursday, the New York-based investment firm disclosed it...
FuboTV Swings to Second-Quarter Earnings; Revenue, Subscribers Fall
FuboTV Swings to Second-Quarter Earnings; Revenue, Subscribers Fall
Aug 8, 2025
10:45 AM EDT, 08/08/2025 (MT Newswires) -- FuboTV ( FUBO ) on Friday swung to a higher-than-expected profit in the second quarter, while the live-sports streaming company's sales and subscribers fell year over year. The company reported adjusted per-share earnings of $0.05 for the June quarter, compared with a loss of $0.04 a year earlier. Analysts polled by FactSet expected...
Datadog's Q2 Revenue Rises on Customer Expansion, Multi-Product Adoption, Wedbush Says
Datadog's Q2 Revenue Rises on Customer Expansion, Multi-Product Adoption, Wedbush Says
Aug 8, 2025
10:47 AM EDT, 08/08/2025 (MT Newswires) -- Datadog's ( DDOG ) Q2 results exceeded analyst expectations with 28% year-over-year revenue growth driven by customer expansion, multi-product adoption and low churn, Wedbush said in a note emailed Friday. The security product suite surpassed $100 million in annual recurring revenue as customers adopted new offerings, including artificial intelligence-driven security tools, according to...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved