Tag: Startups

Baidu launches $140m fund to invest in Chinese start-ups exploring generative AI, partnering with high-profile IDG Capital to assess and select founders' pitches.

Gen AI is the latest buzzword to captivate tech industry. Companies invest heavily to generate trillions in economic value, but startups struggle to turn it into profitable business. Take steps to show exclusive Gen AI can create real growth & differentiate in crowded market, while guarding against ethical & security concerns. IT execs gather in SF July 11-12 to discuss investment optimization. Unlock Gen AI success with smart planning!

OpenAI CEO Sam Altman has reversed threats of leaving Europe, with plans to stay and invest millions into developing democratically agreed AI systems. Altman aims to foster trust in the industry through transparency and reliability, whilst existing AI systems, such as ChatGPT, find themselves on the cusp of EU regulation.

Sam Altman, CEO of ChatGPT-maker OpenAI, is looking for the best spot in Europe to set up their new office. He recently talked to Bloomberg about Poland, a potential fit for the firm's research and engineering focus. OpenAI faces legal issues in Europe but Altman also hopes Polish companies will benefit from OpenAI's AI. He recently visited Madrid, London, Paris, and Warsaw.

Netflix, the world’s leading streaming entertainment service, is enforcing a policy of one account per household, warning users who have been sharing passwords with people outside of their residence. This policy affects countries such as France, Germany, Ireland, and the Netherlands. Learn more about Netflix's new password-sharing crackdown and its consequences.