OpenAI's nonprofit will control a $500B entity while owning $100B+ in equity—an unprecedented governance experiment. Microsoft formalizes partnership even as both companies hedge through diversification. Regulators hold the keys.
FTC orders seven AI giants to reveal how their companion chatbots affect children after teen suicide cases involving ChatGPT and Character.AI. Meta faces particular scrutiny over internal docs permitting romantic chats with minors.
Large U.S. companies just hit the brakes on AI—adoption fell from 14% to 12% in two months, the first decline since tracking began. MIT research explains why: 95% of enterprise pilots deliver zero ROI. The gap between AI hype and workflow reality is widening.
Explore Klarna CEO's insightful perspective on why they chose to leave Salesforce, and why it might not be the best move for everyone.
Klarna CEO Sebastian Siemiatkowski wants to set the record straight. His company's dramatic farewell to Salesforce wasn't a breakup story for the masses.
The fintech leader sparked industry buzz last September when Klarna replaced Salesforce's CRM with an in-house AI system. The move cut 700 contract jobs and saved $40 million yearly. Salesforce CEO Marc Benioff raised eyebrows, questioning how Klarna handles customer data.
Now, as Klarna eyes an IPO, Siemiatkowski clarified on X.com: They didn't just plug everything into ChatGPT and call it a day. The company built its own tech stack, using Neo4j's graph database and other tools to consolidate data from various SaaS systems.
The Swedish fintech's AI transformation isn't a blueprint for others. Instead, Siemiatkowski predicts fewer SaaS players will dominate the market. These survivors will offer similar AI-powered solutions to companies that lack Klarna's resources.
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OpenAI's nonprofit will control a $500B entity while owning $100B+ in equity—an unprecedented governance experiment. Microsoft formalizes partnership even as both companies hedge through diversification. Regulators hold the keys.
Oracle bets $300B on OpenAI's computing future, but the math is stark: OpenAI generates $10B annually while committing to $60B yearly. The deal either transforms Oracle into an AI infrastructure leader—or becomes a cautionary dot-com tale.
Oracle's stock exploded 40% after revealing a $455B AI contract backlog and projections for $144B cloud revenue by 2030. The surge made Larry Ellison briefly the world's richest person—but can the company turn massive bookings into sustainable margins?
Publishers like Reddit and Yahoo launched a new licensing standard to charge AI companies for training data. The Really Simple Licensing protocol lets sites demand payment per crawl or per AI response. No major AI company has agreed to comply yet.
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