Mark Zuckerberg, the billionaire founder and CEO of Meta, witnessed his net worth increasing by $10.2 billion after the company's strong performance in the recently concluded quarterly results. The 14% stock rise was the third-largest in Zuckerberg's epic career, with his net worth now standing at $87.3 billion as per the Bloomberg Billionaire Index. Revenue from the March quarter stood at $28.65 billion, a 3% y-o-y growth and beating expectations. Meta (formerly Facebook) also declared an estimated expenditure of $86-90 billion in 2021, including $3-5 billion of restructuring costs related to consolidation of facilities and personnel.
Jacinda Ardern, the former Prime Minister of New Zealand, is joining Harvard University this fall to work on dual fellowships. She will bring her inspiring leadership to the Harvard Kennedy School to share her experiences and learn from them as well. Ms. Ardern will also be part of the Berkman Klein Center for Internet & Society, and her expertise is expected to contribute to the center's efforts to reduce online extremism. She is looking forward to making a meaningful contribution to the university.
OpenAI, the AI technology company, filed for a trademark on their ChatGPT bot, which stands for 'Generative Pre-trained Transformer'. Unfortunately, their request was denied, but they remain hopeful. With development in AI technology, ChatGPT has seen 14% productivity increase, and its CEO, Sam Altman, has announced that ChatGPT-5 isn’t ready yet. Founded in 2015 and based in San Francisco, OpenAI strives to advance the field of artificial general intelligence.
Consensus, an AI-powered search engine that simplifies scientific research, has announced a $3 million seed funding round and will host a seminar to discuss AI maturity and investments. The Boston-based platform provides expert knowledge from 200 million academic sources. Founded by Harvard Ph.D. Abinash Bhattacharjee, it enables users to access unbiased, well-qualified search results.
OpenAI L.L.C., the multibillion-dollar artificial intelligence company co-founded by tech-entrepreneurs Elon Musk, Sam Altman, and Greg Brockman are mandated by Italian Data protection Authority Garante to meet certain requirement to lift their suspension of processing personal data. Greg Brockman with his software engineering knowledge from Harvard aims to benefit humanity as a whole.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?