OpenAI is reportedly preparing for a massive IPO that could value the company at up to $1 trillion. It follows a recent corporate restructuring that loosened its dependence on Microsoft and aligned its nonprofit foundation with financial success. Reuters reports: OpenAI is considering filing with securities regulators as soon as Read more…
At TechCrunch Disrupt 2025, Waymo co-CEO Tekedra Mawakana said society will ultimately accept a fatal robotaxi crash as part of the broader tradeoff for safer roads overall. The topic of a fatal robotaxi crash came up during Mawakana’s interview with Kristen Korosec, TechCrunch’s transportation editor, during the first day of Read more…
Nvidia became the world’s first $5 trillion company on Wednesday after its stock climbed 5% in early Wall Street trading to push its market capitalization to $5.13 trillion. The Silicon Valley chipmaker reached the milestone three months after hitting $4 trillion and three years after it was valued at roughly Read more…
The number of victims paying ransomware threat actors has reached a new low, with just 23% of the breached companies giving in to attackers’ demands. With some exceptions, the decline in payment resolution rates continues the trend that Coveware has observed for the past six years. In the first quarter Read more…
Amazon said on Tuesday it would reduce its corporate workforce by approximately 14,000 roles as part of an effort to remove bureaucracy and organizational layers. Beth Galetti, the company’s senior vice president of people experience and technology, told employees in a memo that the cuts followed earlier work to strengthen Read more…
Previously there may have been some stigma attached to using AI, but now companies are “scapegoating” the technology to take the fall for challenging business moves such as layoffs. “I’m really skeptical whether the layoffs that we see currently are really due to true efficiency gains. It’s rather really a Read more…
As the artificial intelligence race heats up, many start-ups in Silicon Valley and New York are promoting hardcore culture as a way of life, pushing the limits of work hours, demanding that workers move fast to be first in the market. Some are even promoting 996 as a virtue in Read more…