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Subscribe to enjoy similar stories.Competition between OpenAI and Anthropic, the two most prominent artificial intelligence start-ups, is intensifying as they race to expand relationships with major financial institutions.San Francisco-based Anthropic, which makes the Claude AI assistant that rivals OpenAI’s widely used ChatGPT, is launching a slate of new AI agent offerings for banks, investment managers, and insurers.The agents are meant to help those companies’ employees build presentations, synthesize webs of data sets and filings, build financial models, and complete other tasks, Anthropic said on Tuesday.Anthropic announced the new agents one day after it said it would partner with Blackstone, Goldman Sachs, and private-equity firm Hellman & Friedman to create a new, unnamed entity for expanding Claude across midsize companies. OpenAI is forming a similar venture, Bloomberg News reported on Monday, underscoring stiff competition.Anthropic, run by the former OpenAI executive Dario Amodei, has muscled further into financial services since it launched a suite of tools catering to banks, financial-technology firms, and others last year.The so-called agents have pressured software stocks, whose businesses, investors worry, could be threatened by the AI-driven tools.

Subscribe to enjoy similar stories.When 35-year-old Rooma Sinha listed her studio apartment in Goa’s Arpora village on Airbnb two years ago, she wasn’t sure about how things would play out. Renting the apartment out would assure her of a steady income, but the AirBnB listing had the potential to help her earn much more.

Subscribe to enjoy similar stories.Eli Lilly Chief Executive Dave Ricks was on stage with Nvidia founder Jensen Huang earlier this year in San Francisco touting the company’s tech prowess when Huang teased him about the painstaking process of developing new drugs.“I’m really hoping that your industry moves from drug discovery which is kind of like wandering around the forest looking for truffles,” Huang said, in front of a crowd of biotech and pharma investors.Indeed, Ricks and the rest of the pharmaceutical industry are looking to expand beyond collecting soil samples and bark pieces to find new drugs and are instead turning their hopes—and investment dollars—to AI. Lilly first announced a partnership with chip-maker Nvidia in October to build what it called the industry’s most powerful supercomputer, and expanded that in January with a $1 billion, five-year collaboration mixing their scientists and engineers in a new Bay Area lab aimed at discovering new medicines with AI tools.They aren’t alone.

Subscribe to enjoy similar stories.Xi Jinping had just finished a lunch of herbed-ricotta ravioli at a secluded estate outside San Francisco in 2023 when his security agents sprang into action.Their mission: ensuring no trace of the Chinese leader’s DNA fell into foreign hands. The agents—measuring about 6-foot-3, dressed in identical dark suits—were observed grabbing Xi’s utensils and plate and spraying them with an unidentified liquid.Welcome to the unseen theater of great-power diplomacy, where a meeting of the two most powerful leaders on earth can hinge on the slightest missed protocol, an unexpected miscue or even a bit of saliva left on a fork.

Subscribe to enjoy similar stories.MINING A CRYPTOCURRENCY can be an expensive business. Producing new coins, also known as tokens, can require computers to solve cryptographic puzzles, which takes large amounts of power. One way to keep costs down is to relocate mines to wherever electricity is cheapest.

Subscribe to enjoy similar stories.SAN FRANCISCO—Months before his arrest for allegedly attempting to murder the chief executive of OpenAI, Daniel Moreno-Gama suggested “Luigi’ing some tech CEOs” in an internet chat.The Texas college student casually referenced Luigi Mangione, the accused UnitedHealthcare CEO killer, during an online conversation with producers of “The Last Invention” podcast, according to screenshots shared with The Wall Street Journal. They wanted to interview him for a series on artificial intelligence.In January, Moreno-Gama recorded the interview, detailing his path from curious internet nerd to a crusader obsessed with AI’s dangers.

It has been almost six decades since American writer Joan Didion wrote a devastating critique of the hippie counterculture movement after months of reporting in San Francisco. She painted a picture of a community morally adrift and in the thrall of LSD.

Subscribe to enjoy similar stories. Bengaluru/New Delhi: Tata Consultancy Services Ltd (TCS) and Infosys Ltd’s partnerships with OpenAI and Anthropic could prove a win-win for India’s under-pressure technology sector and the fast-growing artificial intelligence (AI) firms. The tie-ups echo earlier strategic pivots that powered expansion in enterprise software two decades ago and cloud services a decade later.

Subscribe to enjoy similar stories. Top information technology (IT) services companies are racing to deploy artificial intelligence agents from specialist firms across their domains, at a time when the debut of advanced AI tools threatens to eat their lunch.

Subscribe to enjoy similar stories. The founders of fintech startup Kontigo eagerly embraced the Silicon Valley playbook: packing the company into a San Francisco home for a TikTok-ready hackathon; peppering their pitches with buzzwords about building a “neobank for Latinos"; and making outlandish claims about pioneering a Martian economy. The performance helped the tiny, boisterous cryptocurrency startup land a coveted slot in the prestigious incubator Y Combinator and, in December, raise more than $20 million from big-name Silicon Valley investors, including Coinbase’s venture fund.

Subscribe to enjoy similar stories. New Delhi: His name never crops up in modern investment literature, and yet in a more clear-eyed world, Samuel Brannan would have been anointed the patron saint of market acumen. Or at least would have chapters dedicated to him in business school textbooks.

Subscribe to enjoy similar stories. Silicon Valley is filled with all sorts of dreams. But one of those wild-eyed ideas, long debated on subreddits and in hacker houses, is becoming a real-life nightmare: Will the AI boom be the last chance to get rich before artificial intelligence makes money essentially worthless? The argument is that tech companies (and their leaders) will become a class unto their own with infinite wealth.

Subscribe to enjoy similar stories. Tata Consultancy Services Ltd’s takeover of Coastal Cloud in its largest acquisition since going public wasn’t a one-off—it is the seventeenth such buyout of a Salesforce-centric firm by an Indian software services provider in the past decade. Yet, the focus on creating products for Salesforce systems has become increasingly vital as artificial intelligence (AI) reshapes businesses.

Subscribe to enjoy similar stories. The first few years in retirement are often the most difficult. But they also can set the stage for how you’ll fill the years ahead—both financially and psychologically.

Subscribe to enjoy similar stories. Daniel Breyer didn’t have to go far to observe the ultra-wealthy for his first novel. In “Smokebirds," a social satire out Tuesday that explores the dark side of inherited riches, Breyer observes the psyche of the elite from his own privileged perch.

Subscribe to enjoy similar stories. Bengaluru: Wipro Ventures’ new co-managing partner Ali Wasti is expected to drive a deeper focus on artificial intelligence at the $500-million corporate venture arm of Wipro Ltd. The investment firm recently appointed Wasti, a veteran investor in deep-tech startups, to replace Venu Pemmaraju, who retired from the company last week.

New York State appellate judges. A 74-year-old entrepreneur without legal training, he was there to contest a ruling in his employment case. But the real twist wasn’t in the lawsuit. It came when the video he submitted began playing in court. A young, clean-cut man appeared on the courtroom screen. “May it please the court,” the digital figure began. “I come here today a humble pro se before a panel of five distinguished justices.” It took just seconds for Justice Sallie Manzanet-Daniels to interrupt. “Ok, hold on. Is that counsel for the case?” “No,” Dewald replied from his seat. “I generated that. That’s not a real person.”

image generator, OpenAI has revealed plans to launch a new open language model—its first since GPT-2. To shape its development, the company is seeking input from developers, researchers, and the wider AI community through a feedback form. Open-source language models (OS LLMs) are designed to understand, generate, and manipulate human language, leveraging large datasets and sophisticated algorithms to perform a variety of language-based tasks. OpenAI CEO Sam Altman took to X (formerly Twitter) to announce the news, stating, “We are planning to release our first open-weight language model since GPT-2. We've been thinking about this for a long time, but other priorities took precedence. Now it feels important to do.” Altman added that before the model is released, OpenAI plans to evaluate it using its preparedness framework, the same process applied to all its models. “And we will do extra work given that we know this model will be modified post-release,” he stated in the post.

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the biggest capital-raising session ever for a startup. The infusion of cash comes in a partnership with Japanese investment giant SoftBank Group and «enables us to push the frontiers of AI research even further,» the San Francisco-based company said in a post on its website. «Their support will help us continue building AI systems that drive scientific discovery, enable personalized education, enhance human creativity, and pave the way toward AGI (artificial general intelligence) that benefits all of humanity,» the company said.

United Airlines flight from Los Angeles to Shanghai was forced to turn around two hours into its journey after a pilot forgot their passport. The flight had to be diverted to San Francisco due to the issue. This caused significant delays for the passengers. As per reports, the flight UA 198 departed from Los Angeles International Airport (LAX) on Saturday, March 22 at around 2 pm local time. The flight was bound for China’s largest city. However, mid-flight it was discovered that one of the pilots did not have their passport, which would make it impossible for the plane to enter China. A People report stated that the aircraft was then diverted to San Francisco, where it landed at 5:05 pm (local time).