Business & Finance

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Rampant AI demand for memory is fueling a growing chip crisis

A growing procession of tech industry leaders including Elon Musk and Tim Cook are warning about a global crisis in the making: A shortage of memory chips is beginning to hammer profits, derail corporate plans and inflate price tags on…

OpenAI hires OpenClaw AI agent developer Peter Steinberg

Peter Steinberger, creator of popular open-source artificial intelligence program OpenClaw, will be joining OpenAI Inc. to help bolster the ChatGPT developer’s product offerings.   “OpenClaw will live in a foundation as an open source project that OpenAI will continue to…

Warner Bros. weighs reopening sale negotiations with Paramount

Warner Bros Discovery Inc. is considering reopening sale talks with rival Hollywood studio Paramount Skydance Corp. after receiving its hostile suitor’s most recent amended offer, people with knowledge of the matter said. Members of the Warner Bros. board are discussing…