Silicon Valley CEOs

FDIC faulted the bank's overreliance on unhedged, interest rate-sensitive long-term government bonds such as US Treasuries and mortgage-backed securities as rates looked to rise

Indians are one of the largest leaders of innovation in Silicon Valley and America's tech industry cannot survive without them, the CEO of the Silicon Valley Central Chamber of Commerce has said. I don't have the new figures, but what matters is that we (Indians) are such impactful contributors," Harbir K Bhatia told PTI in an interview. India(ans) are one of the largest leaders of innovation in Silicon Valley. At one point, the data was collected (according to which) 40 per cent of Silicon Valley CEOs or founders were from South Asia or India. That is so huge, she said. Located in Santa Clara, the hub of Silicon Valley, the Chamber of Commerce is made up of a group of visionary business leaders from multiple cities that help grow and shape the future of Silicon Valley. "Here you get to bring your whole self to work and have the opportunity to be creative, to be all that you want to be without the worry of your colour, of your skin, the religion you practice, the cast, the culture

The complaint comes on the heels of a similar one from New York City, which is trying to collect more than $2.1 million in back taxes it claims Silicon Valley Bank owes

The CEO of ChatGPT-maker OpenAI said Tuesday that the dangers that keep him awake at night regarding artificial intelligence are the very subtle societal misalignments that could make the systems wreak havoc. Sam Altman, speaking at the World Governments Summit in Dubai via a video call, reiterated his call for a body like the International Atomic Energy Agency to be created to oversee AI that's likely advancing faster than the world expects. There's some things in there that are easy to imagine where things really go wrong. And I'm not that interested in the killer robots walking on the street direction of things going wrong," Altman said. "I'm much more interested in the very subtle societal misalignments where we just have these systems out in society and through no particular ill intention, things just go horribly wrong. However, Altman stressed that the AI industry, like OpenAI, shouldn't be in the driver's seat when it comes to making regulations governing the industry. We're

The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors

It's been quite a week for ChatGPT-maker OpenAI and co-founder Sam Altman. Altman, who helped start OpenAI as a nonprofit research lab back in 2015, was removed as CEO Friday in a sudden and mostly unexplained exit that stunned the industry. And while his chief executive title was swiftly reinstated just days later, a lot of questions are still up in the air. If you're just catching up on the OpenAI saga and what's at stake for the artificial intelligence space as a whole, you've come to the right place. Here's a rundown of what you need to know. WHO IS SAM ALTMAN AND HOW DID HE RISE TO FAME? Altman is co-founder of OpenAI, the San Francisco-based company behind ChatGPT (yes, the chatbot that's seemingly everywhere today from schools to health care ). The explosion of ChatGPT since its arrival one year ago propelled Altman into the spotlight of the rapid commercialization of generative AI which can produce novel imagery, passages of text and other media. And as he became Silico

He said that the OpenAI and Microsoft partnership will make this very doable

Altman, who was fired Friday, is open to returning but wants to see governance changes, including the removal of existing board members

The firm's cloud customers have run an estimated 50 million automations in 2022, with leading firms deploying thousands of bots across their organisations

"He is synonymous with Facebook, and as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg," read the statement

A total of 218 people have died in the US due to the fast-spreading coronavirus pandemic

The futurist philosopher Yuval Noah Harari thinks Silicon Valley is an engine of dystopian ruin. So why do the digital elite adore him so?