Twitter exploded on Thursday afternoon with concerns about storied institution Silicon Valley Bank. Some investors are imploring their startups to pull their money out of the bank. SVB CEO Gregory Becker told clients on a Thursday call to stay calm. …
President Joe Biden released his budget proposal for fiscal year 2024 on Thursday. The budget, which amounts to more of a wish list of priorities than viable policy, has already sparked pushback. Republicans are already hitting out at the spending…
OpenAI cofounder admitted the startup “made a mistake” in response to Musk’s criticism of ChatGPT. Musk has repeatedly criticized the chatbot for its “woke” responses. As more users test out AI chatbots, they have begun to roll out various constraints.…
Elaine Chao, 69, served as the US secretary of transportation under former President Donald Trump. Elaine Chao. Reuters/Carlos Barria She previously served as US secretary of labor from 2001 to 2009. Chao moved to the US from Taiwan at age…
SVB Financial plunged 38% on Thursday after it completed a sale of its $21 billion bond portfolio. The firesale of its bond portfolio generated a loss of $1.8 billion and drove the bank to raise capital from investors. Higher interest…
More people are shopping for food at dollar stores as inflation bites and food prices soar. Dollar Tree Dinners, a TikTok page run by Rebecca Chobat, shows shoppers how to cook on a budget. Chobat says it’s possible to eat…
There are more homes for sale than last year in many cities across the country as the market cools. More properties on the market typically means less competition and an easier time scoring home. Realtor.com calculated 10 places where buyers…
Both Steven Spielberg and Noam Chomsky have expressed their doubts about artificial intelligence. Spielberg said that AI requires humans to surrender creative expression and autonomy to AI. Chomsky is of the opinion that tools like ChatGPT have “sacrificed creativity for…
Sam Altman put $180 million into Retro Biosciences, a company that aims to delay death by 10 years. Altman’s interest in longevity research dates back at least eight years, per the MIT Technology Review. This was after he heard of…
Wagner Group is increasingly relying on its professional recruits as inmates flounder in Bakhmut. The monthslong battle in Ukraine’s east drags on as both sides face mounting losses. Wagner soldiers have played an outsized role in the battle of Bakhmut…
