Traders Pay 8,700% Annualized Fees in Failed Leveraged Bet on Anthropic Valuation
Crypto traders incurred annualized fees of 8,700% to maintain leveraged synthetic positions on Anthropic, a privately held AI company nearing a $1 tri...
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OpenAI's 2024 Leadership Turmoil: How Sam Altman Was Ousted in a Chaotic Blip
The 2024 ousting of Sam Altman from OpenAI revealed a chaotic leadership transition. Text messages between Altman and co-founder Greg Brockman, alongs...
Why Cutting Junior Talent in the AI Era Could Backfire on Companies
Companies are rushing to cut junior roles to boost efficiency with AI, but this overlooks critical long-term risks. Early-career talent builds essenti...
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Elon Musk has begun his testimony in a high-profile lawsuit against OpenAI CEO Sam Altman and president Greg Brockman. The legal battle centers on dis...
xAI Faces Massive Exodus: Over 80 Employees Depart as Elon Musk Shifts Company Direction
Elon Musk's xAI has lost dozens of key employees, including all cofounders except Musk himself, amid major restructuring and a pending public offering...