OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman is set to join backer Microsoft in a surprise turn of events for the startup.
Read More OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twistTag: Amazon.com
Wall St rallies as cooling inflation boosts peak rate bets
Wall Street’s main stock indexes climbed inflation data boosted expectations the Federal Reserve was done raising interest rates.
Read More Wall St rallies as cooling inflation boosts peak rate betsExclusive: ChatGPT-owner OpenAI is exploring making its own AI chips
OpenAI is exploring making its own artificial intelligence chips and is evaluating a potential acquisition target.
Read More Exclusive: ChatGPT-owner OpenAI is exploring making its own AI chipsUPS and FedEx customers regain upper hand in delivery price battle
U.S. retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx.
Read More UPS and FedEx customers regain upper hand in delivery price battleNasdaq rises on boost from growth stocks; Fed comments in focus
The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more Federal Reserve officials and economic data this week.
Read More Nasdaq rises on boost from growth stocks; Fed comments in focus