AI

AI

Dive into the world of artificial intelligence, where minds are made, and machines get creative.

experiment ceo layoffs cambridge university

Experiment shows AI can perform a CEO's job better than humans, but it struggles in a crisis

A hot potato: Most CEOs love generative AI, lauding its ability to streamline companies and make them more efficient – a process that usually involves laying off workers. But wouldn't it be ironic if the chief executives found themselves out of a job, replaced by a machine? A new study suggests AI can perform a CEO role better than a human, but there are scenarios where it struggles, meaning it's more likely to get fired more quickly.
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OpenAI secures record-breaking $6.6 billion in funding, now valued at $157 billion

The company is one of the three largest venture-backed startups ever
Why it matters: We knew OpenAI was hot, but maybe not this hot. The company has just raised a startling $6.6 billion, leading to a valuation of $157 billion. Even by Silicon Valley standards this is a lot of money. OpenAI is close-lipped about how it will invest the capital, only saying it will accelerate AI research and increase its compute capabilities.