Internal memo: OpenAI CEO Sam Altman declares a “code red” to shift more resources to improve ChatGPT amid rising competition, delaying other plans, like ads
OpenAI CEO Sam Altman on Monday told employees he was declaring a “code red” to marshal more resources to improve ChatGPT …
GitHub CEO Thomas Dohmke says he will “leave GitHub to become a founder again”, with GitHub and its leadership team moving into Microsoft's CoreAI organization
once independent programming site now part of ‘CoreAI’ team Todd Bishop / GeekWire : GitHub will join Microsoft's CoreAI division with departure of CEO Thomas Dohmke Kaustubh Bagalkote / Benzinga : Mi...
Baidu releases Ernie X1, an AI model that articulates its reasoning similarly to DeepSeek R1, and upgrades its flagship foundation model to Ernie 4.5, both free
And Costs Half As Much: ‘Excellent Multimodal Understanding Ability’ Nisha Gopalan / Yahoo Finance : China's Baidu Takes on DeepSeek With New AI Model Mike Wheatley / SiliconANGLE : Baidu debuts its f...
At Nvidia's first shareholder meeting since the recent stock surge, CEO Jensen Huang laid out Nvidia's strategy to maintain its position amid rising competition
Meituan's market cap fell ~60% from ~$138.2B to ~$56.4B since the start of 2023, weighed down by rising competition and a slowdown in its food delivery business
Sheila Chiang / CNBC :
The Philippines races to defend its share of the nearly $300B global business process outsourcing market, battling a talent shortage, rising competition, and AI
Bloomberg : X: @mannyserapio X: Manny Serapio Jr / @mannyserapio : As AI-powered bots take away an increasing number of outsourcing jobs since the Covid-19 pandemic, the rise of English-speaking work...
Sources: Shein raised $2B at a $66B valuation, down from $100B in April 2022, led by Sequoia, General Atlantic, and Mubadala; Shein made $23B in 2022 revenue
Online retailer made $800 million net profit in 2022 and is targeting 40% growth, but faces geopolitical headwinds and rising competition
Amid rising competition and a dramatic fall in US subscribers during Q2, doubts arise over the sustainability of Netflix's debt-driven business model
and adds that they got outbid on “Fleabag” Stock is the 2nd worst S&P name this am: (via @variety) $NFLX https://variety.com/... Ivan Maljkovic / @ivan_brussels : “Hastings warned that steadily rising...
Amid rising competition and a dramatic fall in US subscribers during Q2, doubts arise over the sustainability of Netflix's debt-driven business model
and adds that they got outbid on “Fleabag” Stock is the 2nd worst S&P name this am: (via @variety) $NFLX https://variety.com/... Ivan Maljkovic / @ivan_brussels : “Hastings warned that steadily rising...
With rising competition and no real moat, Uber may find it hard to live up to its $68B valuation, even if it can overhaul its corporate culture
Christopher Mims / Wall Street Journal :