Company that created ChatGPT is thrown into turmoil after Microsoft hires its ousted CEO
Drybar co-founder Alli Webb’s advice to entrepreneurs
SAN FRANCISCO (AP) — The company that created ChatGPT is in turmoil after Microsoft hired its ousted CEO and many more employees threatened to follow him in a conflict that centered in part on the safest way to build artificial intelligence. The developments followed a weekend of drama that shocked the AI field and fueled speculation about the future of OpenAI. The startup’s new CEO vowed to investigate the firing of co-founder and CEO Sam Altman. He’s been instrumental in OpenAI’s transformation from a nonprofit research laboratory into a world-renowned commercial startup that inaugurated the era of generative artificial intelligence. Microsoft announced that Altman and OpenAI’s former president, Greg Brockman, would lead its new advanced AI research team.
Key Fed official sees possible ‘golden path’ toward lower inflation without a recession
WASHINGTON (AP) — Austan Goolsbee, president of the Federal Reserve Bank of Chicago, suggested that the economy appears to be on what he calls the “golden path,” another term for what economists often term a “soft landing,” in which the Fed would...