Does OpenAI overpay employees? Elon Musk’s AI company, xAI, filed a 107-page complaint against OpenAI in November, accusing the ChatGPT maker of “aggressively recruiting employees with offers of lavish compensation” and spending “$1.5 billion on personnel for just 1,500 employees.” The actual number of employees OpenAI has is unclear: According to the employee database RocketReach,…
The CEO and founder of Japanese telecom and investment group, SoftBank, Masayoshi Son, visited Palm Beach, Florida, on Monday to visit President-elect Donald Trump at the “Winter White House.” There, CNBC first reported, Son announced a $100 billion investment to create at least 100,000 jobs over four years in the U.S. focusing on AI and…
A year ago, the “buy now, pay later” financing company Klarna stopped hiring new employees. Now Klarna is incentivizing its remaining employees to stay, and work harder, by promising higher pay related to AI improvements. “By not hiring, we’re simply shrinking,” Klarna CEO Sebastian Siemiatkowski explained in an interview with Bloomberg on Thursday. 1,000 people…
Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Community Partners last month, a national nonprofit based in Maryland that aims to address the U.S.’s shortage of affordable housing. The surprise donation left the organization shocked, reps said in a statement. “Some of us probably wanted to cry for joy,” Janine Lind, president of…
Opinions expressed by Entrepreneur contributors are their own. The Future of Mornings: 5 AI Hacks You Can’t Ignore By 2025, AI-powered tools will optimize workflows in ways we never thought possible, potentially slashing costs and streamlining operations at levels many businesses aren’t ready for. With companies like Anthropic, Microsoft, Google, and OpenAI racing to lead…
Google has made multi-million dollar investments in founders, internet infrastructure and clean energy, but its biggest gamble so far has been choosing to add AI to search, says Google’s chief investment officer and president Ruth Porat. “The biggest bet we continue to make is actually the application of AI to search and continuing to evolve…
DataStax CEO Chet Kapoor was once an intern for the late Apple co-founder Steve Jobs. He worked for Jobs from 1989 to 1993 as a campus consultant intern at a computer company Jobs founded, NeXT, and says that if Jobs were alive today, he would be thinking about AI. “If he was around for the…
Amazon is following Meta’s lead by making a $1 million donation to president-elect Donald Trump’s inaugural fund just one day after Meta made an identical donation. Amazon confirmed the contribution to multiple outlets on Thursday. Sources told the Wall Street Journal that Amazon founder Jeff Bezos helped Amazon decide on the amount. “Bezos is donating…
Opinions expressed by Entrepreneur contributors are their own. There are two things that Costco customers love: a great deal and yummy food. Well, a recent change at their bakery counter has failed on both fronts, according to angry Costco members. When a Reddit user posted this sign at their local shop, the butter knives came…
At WIRED’s “The Big Interview” event earlier this month, Cost Plus Drugs founder and “Shark Tank” star Mark Cuban was asked why he doesn’t make more profit at his low-price drug company. “You’re pretty clear that you are not doing this for altruistic reasons — you’re running a business,” noted the event moderator. “Well, I…
