"Microsoft is reportedly failing to meet sales targets for all its fancy A.I. tools. OpenAI CEO Sam Altman just announced a companywide "Code Red" initiative to improve the models powering ChatGPT, which is staring down a mountain of lawsuits. Apple's longtime A.I. chief is " retiring" from the gig as the company falls behind on A.I. goals. Oracle, the software giant whose founder's presidential relations shot its stock to record levels, has a massive debt load that's become pricier to insure,"
"The cryptocurrency markets are adjusting from a hard crash-out-as is White House "A.I. and crypto czar" David Sacks, who's still very upset about a recent New York Times investigation into his conflicts of interest and is leaning on his influential friends for support. Another L for Sacks: The federal law he's been pushing to override all state-level A.I. regulations has faced such backlash that it's once again been withdrawn from congressional consideration, although its proponents will try again."
Microsoft is reportedly missing sales targets for its AI products while OpenAI launched a companywide "Code Red" to fix model problems amid looming lawsuits. Apple’s longtime AI lead is stepping away as the company lags on AI goals. Oracle faces higher insurance costs on a large debt load after market enthusiasm tied to its founder’s political connections faded. Cryptocurrency markets continue adjusting after a crash, and White House AI and crypto adviser David Sacks faces scrutiny and withdrawn legislative efforts. Data center development and water/power concerns have become politicized, and Meta is cutting metaverse staff amid regulatory fights.
Read at Slate Magazine
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