Investing

Just four weeks after launching, a team of former Meta and Google artificial intelligence researchers raised $113 million in June for a new AI startup.

If Curtis Priem, Nvidia’s first CTO, had held onto all his stock, he’d be the 16th richest person in America. Instead, he sold out years ago and gave most of his fortune to his alma mater Rensselaer Polytechnic Institute.

In Ernest Hemingway’s “The Sun Also Rises,” a character is asked how he went bankrupt. His reply? “Two ways. Gradually, then suddenly.” The astounding trajectory of Artificial Intelligence (AI) bears many similarities. 

Space Machines Company launched in 2019 with a mission to clean up space junk and service the some-7,000 satellites orbiting in the sky. After two-and-a-half-years in design-mode, its orbital servicing vehicle, Optimus, is ready for take-off, on SpaceX’s Falcon 9 launch in March 2024.

Ahead of COP28, Badr Jafar discusses the power of business and philanthropy to tackle the climate finance gap.

As OpenAI deals with drastic internal turbulence, it is served with another copyright lawsuit.

From cleaning up messes to managing takeovers, these so-called boomerang CEOs have made comebacks to top seats at some of the world’s biggest companies.

A provisional new board will include Bret Taylor, Larry Summers and Adam D’Angelo.

As news of OpenAI CEO Sam Altman’s ousting – and subsequent hiring at Microsoft – spreads, Forbes Australia sat down with Salesforce SVP of AI and Machine Learning, Jayesh Govindarajan, to find out what this means for the broader industry.

Sam Altman is reportedly in talks with OpenAI’s board on a possible reunion, as OpenAI staff threaten to leave unless he returns.