AI requires enormous amounts of energy, threatening global net zero goals. Tech giants may use fossil fuels short-term, raising concerns about clean energy commitments. AI is also ushering in an era of…
Tag: CEO
OpenAI CEO Sam Altman was paid $76,001 last year
OpenAI is one of the most valuable startups in the world, worth around $157 billion. Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. Altman’s…
Bernard Arnault, Europe’s richest person, appoints son to deputy CEO role at division of LVMH amid leadership shake-up
Alexandre Arnault will become the new deputy CEO of Moët Hennessy in 2025. The appointment is part of a leadership shake-up at Bernard Arnault’s luxury conglomerate, LVMH. All five of Bernard’s children…
Former Starbucks CEO Howard Schultz says Brian Niccol’s back-to-basics plan will fix slumping sales at the coffee giant
Starbucks’ ex-CEO, Howard Schultz, told Fortune he trusts successor Brian Niccol to revitalize the company. Niccol plans a back-to-basics strategy as the coffee chain faces low sales. Schultz, who served three stints…
In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
An Intel employee raised concerns about the upcoming US election’s impact on CHIPS Act funding. Intel invested billions in US factories but hasn’t received CHIPS Act grants yet. Nvidia is replacing Intel…
Uber CEO Dara Khosrowshahi calls Elon Musk’s vision for Tesla robotaxis ‘pretty compelling’
Uber CEO Dara Khosrowshahi appeared on Friday’s episode of the Hard Fork podcast. Khosrowshahi called Elon Musk’s vision for Tesla robotaxis ‘pretty compelling.’ Musk unveiled the Tesla robotaxi — called Cybercab —…
Google DeepMind CEO Demis Hassabis explains what needs to happen to move from chatbots to AGI
AI leaders disagree on how long it will take to realize AGI, a machine that can reason like humans. Google DeepMind CEO Demis Hassabis says “AI agents” are the next phase of…
Here’s how Anthropic CEO Dario Amodei defines artificial general intelligence
Anthropic CEO Dario Amodei shared his thoughts on the race to develop artificial general intelligence. In an essay, Amodei said he prefers to call it “powerful AI” to divorce it from “sci-fi”…
Tesla earnings: See the electric vehicle maker’s recent results history and projections
Information about Tesla’s financials is released on a quarterly basis, with Tesla CEO Elon Musk reporting progress to shareholders during earnings calls — and often facing tough questions from investors while doing…
Google CEO Sundar Pichai says AI will advance humanity in these 4 key ways
Big Tech companies like Google are betting that AI technology will help them earn billions in profits, and they’re funneling tons of resources toward the technology. But this rush to cash in…