(NaturalNews) The EU has agreed to supply Ukraine with a new aid package, which will include around $1.6 billion in windfall profits that were “generated from...
Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board…
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by…
OpenAI, led by CEO Sam Altman, is considering shifting from a non-profit to a for-profit benefit corporation, which would enable the AI company to generate profits while focusing on societal benefits.
Sam Altman’s vision for OpenAI may not be the same as it once was when he initiated the start-up with some extremely talented co-founders. According to the latest report, the current Chief Executive of the artificial intelligence firm…
Get latest articles and stories on Business at LatestLY. After suffering from seething government and disturbing bad loan difficulties, Indian banks have established themselves in a much stronger position, as balance sheets and profits…
Source: Altman told investors that OpenAI could become a for-profit business not controlled by its nonprofit board; Microsoft execs favor a for-profit option — OpenAI CEO Sam Altman recently told some shareholders that the artificial…
A World Oceans Day celebration on Miami Beach off Collins Avenue and 43rd Street brought out residents from all over South Florida to show their love and reverence for our “Planet Ocean.”
IBADAN – The Chairman of Wemabod Limited, Mr. Ibukun Emmanuel Efuntayo has on Friday said the company recorded a profit before tax (PBT) of N1,323,105,000 in year 2023. Speaking at the 50th Annual General Meeting of Wemabod Limited, he…