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OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware’s and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of its odd corporate structure. Currently, OpenAI’s nonprofit board governs the organization’s for-profit operations. Under the new plan, OpenAI’s for-profit arm will become a public benefit corporation (PBC) but will still be controlled by OpenAI’s nonprofit. The new restructuring plan may be enough to appease regulators and OpenAI’s investors, who’ve poured billions into the company in expectation of a return someday. But it could also throw a wrench into…
Check out the companies making headlines in midday trading: Palantir — Shares tumbled more than 12%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor — The automaker advanced 2.7% on better-than-expected first-quarter results, reversing an earlier decline. Ford reported adjusted earnings of 14 cents per share on $37.42 billion in revenue. Analysts surveyed by LSEG expected earnings of 2 cents per share and revenue of $36.21 billion. Management suspended its 2025 guidance , citing “near-term…
Particle, the startup behind an AI-powered newsreader that aims to help publishers, not just steal their work, is bringing its product to the web. On Tuesday, the company announced the launch of the new Particle.news website that connects news consumers with headlines and AI summaries from a variety of sources, plus the ability to delve into various categories like Technology, Sports, Entertainment, Politics, Science, Crime, Economics, and Video Games, in addition to browsing the day’s most popular stories on the home page. The company thinks that bringing its product to the web will help to reach more readers, giving them…
Google’s iOS app is getting a new “Simplify” feature that uses AI to make complex or technical text on the web easier to understand, all without leaving a web page. Simplify features a prompt refinement approach developed by Google Research and uses Gemini to make complicated text more digestible, without losing key details. Google says its testing found that the simplified text allowed users to better understand and retain the original information. By offering a built-in feature like Simplify, Google is likely hoping that people will stay within its ecosystem of tools and services for help with complex topics, rather…
Billionaire investor Paul Tudor Jones said Tuesday that he has grown increasingly worried about the potential dangers of artificial intelligence, warning that the risks go beyond disruption to the stock market and economy. The hedge fund manager told CNBC’s Andrew Ross Sorkin he views AI as an “existential” threat after attending a conference in which experts on the topic discussed both the benefits and drawbacks of the emerging technology. “The one that disturbed me the most, is that AI clearly poses an imminent threat — security threat, imminent — in our lifetimes to humanity. And that was the one that…
CNN — One of Pope Francis’s “popemobiles” is being transformed into a mobile healthcare unit for children and sent to the Gaza Strip, the Vatican’s official media outlet said on Sunday. In one of his final wishes before his passing, Francis entrusted the popemobile used during his 2014 pilgrimage of the Holy Lands to the Catholic aid network Caritas Jerusalem, Vatican News said, to help respond to the dire humanitarian situation in Gaza. Francis asked that the vehicle be used to help injured and malnourished children in the war-torn Palestinian enclave. Caritas are converting the vehicle into a mobile health…
For months, Cointelegraph took part in an investigation centered around a suspected North Korean operative that uncovered a cluster of threat actors attempting to score freelancing gigs in the cryptocurrency industry.The investigation was led by Heiner Garcia, a cyber threat intelligence expert at Telefónica and a blockchain security researcher. Garcia uncovered how North Korean operatives secured freelance work online even without using a VPN.Garcia’s analysis linked the applicant to a network of GitHub accounts and fake Japanese identities believed to be associated with North Korean operations. In February, Garcia invited Cointelegraph to take part in a dummy job interview he…
Every developer has their own unique style of writing code. Despite companies establishing best practices and drawing up documentation, it can be hard for developers to understand someone else’s codebase. To solve this problem, Dennis Pilarinos built a tool called Unblocked — an AI-powered assistant that answers contextual questions about lines of code. Pilarinos is a seasoned professional at building developer tools. He has worked as a director at Microsoft and Amazon, working on Azure and Amazon Web Services. Later, Pilarinos built a continuous integration platform for remote teams called Buddybuild, which was acquired by Apple in 2018, and he…
NewLimit, a startup that aims to increase how long people can live a healthy life by genetically programming their cells, has raised a $130 million Series B led by Kleiner Perkins. New investors Nat Friedman, Daniel Gross, and Khosla Ventures also invested, as did returning backers Founders Fund, Dimension Capital, Elad Gil, Garry Tan, Patrick Collison, and others. The fundraise comes two years after the company raised a $40 million Series A. Founded over four years ago by Coinbase CEO Brian Armstrong (pictured above), former GV partner Blake Byers, and stem cell professor Jacob Kimmel, NewLimit claims it has made…
NewLimit, a startup that aims to increase how long people can live a healthy life by genetically programming their cells, has raised a $130 million Series B led by Kleiner Perkins. New investors Nat Friedman, Daniel Gross, and Khosla Ventures also invested, as did returning backers Founders Fund, Dimension Capital, Elad Gil, Garry Tan, Patrick Collison, and others. The fundraise comes two years after the company raised a $40 million Series A. Founded over four years ago by Coinbase CEO Brian Armstrong (pictured above), former GV partner Blake Byers, and stem cell professor Jacob Kimmel, NewLimit claims it has made…