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Why Nvidia CEO Jensen Huang namechecked this Saudi AI startup three times in his earnings call | Fortune
On Nvidia’s latest earnings call, CEO Jensen Huang name-checked some of the customers driving the AI chip company’s surging revenues. That included the big three cloud providers—Amazon, Microsoft, and Google—as well as the best-known AI startups, OpenAI, Anthropic and...
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AI’s power and water consumption is worrying the agriculture sector: ‘Don’t forget that it is also required for us to grow food’ | Fortune
Nations around the world are rapidly building out the infrastructure needed to take part in the AI boom–including massive, multibillion dollar investments in data centers, which house and manage the servers needed to process, store and share information.Yet data...
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Panera’s CEO unveiled a comeback plan—and it includes better ingredients like lettuce: ‘No one likes iceberg’ | Fortune
With sales stagnating, Panera Brands CEO Paul Carbone unveiled a bold plan yesterday to win back customers: make everything better.Panera, once considered the gold standard in American fast-casual dining, has fallen behind competitors like Chipotle and Panda Express, with its sales...
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BioVaxys Technology Corp. Closes Listed Issuer Financing Exemption (LIFE) Private Placement
Article contentBioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the U.S. on the OTC Markets (OTCQB marketplace). For more information, visit www.biovaxys.com and connect...
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Google’s Sundar Pichai says the job of CEO is one of the ‘easier things’ AI could soon replace | Fortune
Google CEO Sundar Pichai said AI may be gunning for his job, but he doesn’t seem too worried about it. In an expansive interview with the BBC, the Google boss discussed the rapid development of technology. AI is advancing so...
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Why most corporate turnarounds fail before they begin | Fortune
Most corporate turnarounds fail before they start — not because of market conditions or flawed tactics, but because senior leadership fails to initiate the turnaround in the first place. Overcoming the psychological barriers that prevent change is the first...
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Big 5 AI ‘hyperscalers’ are increasingly using debt to fund their operations, Bank of America says | Fortune
Amazon, Google, Meta, Microsoft, and Oracle are increasingly funding their operations through debt, according to Bank of America analyst Yuri Seliger. This year, these five “hyperscalers” have issued $121 billion in debt, including $27 billion alone to fund Meta’s...
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A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition | Fortune
A decade ago, on a Wednesday afternoon in September 2015, Target CEO Brian Cornell stood on stage at the Target Center arena in downtown Minneapolis beneath a Jumbotron projecting a chart showing how the retailer’s stock had dramatically outperformed...
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Gold Reserve Provides Update on Mandamus Petition
Article contentPEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today the Company’s Petition for Writ of Mandamus and request for oral argument were denied by the U.S. Court...
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OpenAI’s Fidji Simo says Meta’s team didn’t anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns...
AI chatbots have been under scrutiny for mental health risks that come with users developing relationships with the tech or using them for therapy or support during acute mental health crises. As companies respond to user and expert criticism,...