Category: Technology

Sam Altman Refutes Claims of Huge Equity Stake in OpenAI Amid Restructuring Phase

Sam Altman Refutes Claims of Huge Equity Stake in OpenAI Amid Restructuring Phase
Tristan Veldsman Sep 28 2024

Sam Altman, CEO of OpenAI, has denied receiving a significant equity stake as the company shifts to a for-profit model. This refutation comes during intensive restructuring and high-profile exits within the organization. Despite investor concerns and rumors, no confirmed plans for such compensation currently exist.

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Telespazio and Starlink Join Forces to Boost Connectivity in Argentina’s Remote Areas

Telespazio and Starlink Join Forces to Boost Connectivity in Argentina’s Remote Areas
Tristan Veldsman Sep 11 2024

Telespazio has partnered with Altec to deploy Starlink satellite internet in the Argentine province of Río Negro. The initiative aims to enhance connectivity for schools and municipal offices, starting with selected locations and plans for future expansion. This effort will bridge the digital divide in remote areas, promoting educational and administrative development.

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Regulators Evaluate the Market Influence of AI Giants Nvidia and Microsoft

Regulators Evaluate the Market Influence of AI Giants Nvidia and Microsoft
Tristan Veldsman Jun 7 2024

Nvidia's $3 trillion valuation and Microsoft's leading role in AI have drawn scrutiny from the FTC and the Justice Department, leading to antitrust investigations. Both companies' expansive influence in the AI sector has sparked regulatory concerns about competitive practices.

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