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Search resuls for: "CNBC's Hayden Field"


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OpenAI on Tuesday said it created a Safety and Security Committee led by senior executives, after disbanding its previous oversight board in mid-May. The formation of a new oversight team comes after OpenAI dissolved a previous team that was focused on the long-term risks of AI. AI safety has been at the forefront of a larger debate, as the huge models that underpin applications like ChatGPT get more advanced. Bret Taylor, Adam D'Angelo, Nicole Seligman, who are all on OpenAI's board of directors, now sit on the new safety committee alongside Altman. Leike this month wrote that OpenAI's "safety culture and processes have taken a backseat to shiny products."
Persons: Sam Altman, OpenAI, Ilya Sutskever, Jan Leike, AGI, Bret Taylor, Adam D'Angelo, Nicole Seligman, Altman, CNBC's Hayden Field Organizations: Microsoft, Security Locations: Redmond , Washington
The grocery delivery company Instacart is aiming to go public at a valuation between $8.6 billion and $9.3 billion, according to reports. Instacart is expected to officially disclose its expected valuation range on Monday, a person familiar with the matter told Reuters. As public stocks dipped around March of last year, Instacart cut its valuation from $39 billion to $24 billion. According to the company, Instacart shoppers and drivers deliver goods in over 14,000 cities from more than 80,000 grocers and other stores. The grocery delivery service will join other gig economy companies like Uber , Airbnb , Lyft and DoorDash on the public market.
Persons: Instacart, haven't, Japan's SoftBank, Uber, Goldman Sachs, CNBC's Hayden Field Organizations: Reuters, Nasdaq Locations: Instacart
Microsoft CEO Satya Nadella speaks at the company's Ignite Spotlight event in Seoul on Nov. 15, 2022. Microsoft shares closed at a record on Tuesday after the company announced pricing for its new Microsoft 365 artificial intelligence subscription service. Microsoft's Copilot subscription service adds AI to the company's popular Office products like Word, Excel and Teams. Microsoft has been pouring money into generative artificial intelligence, largely through a multibillion-dollar investment in OpenAI, the creator of ChatGPT. Microsoft Copilot, first announced in March, can design presentations, offer writing prompts, summarize meetings and rank incoming emails.
Persons: Satya Nadella, Nadella, It's, Microsoft hasn't, — CNBC's Hayden Field Organizations: Microsoft, Goodyear, General Motors, CNBC, YouTube Locations: Seoul, OpenAI
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