Tag: TWITTER
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Sam Altman Addresses AGI Rumors: Expectations Must Be Calibrated
– Sam Altman dismisses AGI deployment rumors, urging lowered expectations. – Clarifies that AGI is not imminent and significant breakthroughs are needed. – OpenAI is focusing on developing AI agents by January 2025. – AI agents may transform business efficiencies but do not equal AGI. – Current advancements remain preliminary in the journey toward AGI.…
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Job Cuts Announced by Microsoft and Meta Amidst Tech Industry Turmoil
Microsoft and Meta are set to lay off thousands of employees as part of restructuring efforts. Microsoft will initiate small layoffs in various departments, while Meta plans to cut about 3,600 jobs, representing 5% of its workforce. CEO Mark Zuckerberg has emphasized swift action against underperformers. Both companies assure that severance packages will be provided…
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Jim Cramer Raises Concerns Over Gail Slater’s Antitrust Appointment Affecting Google
Jim Cramer expressed concerns about Gail Slater’s potential role as Assistant Attorney General for Antitrust, emphasizing her lack of support for major tech companies like Google. The U.S. Department of Justice’s recent actions against Google signal a tougher regulatory environment under the incoming Trump administration, with significant implications for big tech firms. On Wednesday, Jim…