US public companies plummet from over 8,000 in the late 1990s to just 4,317 in 2023 as firms increasingly delay IPOs to escape quarterly reporting pressures and maintain operational control, creating transparency challenges for employee shareholders in private markets.
Meta partners with Midjourney, integrating the AI image and video generation technology into future models and products, pursuing industry collaborations to deliver cutting-edge AI offerings.
Waymo, the self-driving unit of Alphabet, commences testing of up to 8 driverless cars in New York City's Manhattan and Downtown Brooklyn areas, marking a significant milestone as the first company to receive a permit under the city's new autonomous vehicle testing program.
Netflix embraces generative AI as a creative tool for TV and film production, implementing strict guidelines to mitigate legal risks, protect copyrights, and maintain viewer trust while allowing temporary AI-assisted outputs without replacing human talent performances.
OpenAI issues stern warning, declaring unauthorized investments like special purpose vehicles (SPVs) claiming exposure to its equity potentially worthless, as such investments may violate transfer restrictions and lack economic value, mirroring crackdown by other AI giants like Anthropic.
Elon Musk's xAI releases Grok 2.5 model weights open source, plans to open source Grok 3 in 6 months and Grok 4 that consults Musk's social media for controversial questions.
A new AI system, Claude Code, utilizes a simple control loop, modular design with smaller models, flexible search, structured prompts, and self-management for robust performance across diverse tasks.
AWS CEO Matt Garman dismisses the notion of replacing junior developers with AI as the 'dumbest thing,' emphasizing their importance for talent development and learning, while suggesting AI will enhance enterprises by freeing workers from mundane tasks to focus on creativity.
Cutting-edge AI pipelines autonomously synthesize comprehensive answers from diverse data sources, with agentic RAG introducing autonomous agents that independently process documents, coordinate responses, and dynamically adapt strategies, enabling advanced capabilities across heterogeneous data.
An AI study analyzing 140 years of political speeches reveals language evolution is driven by speakers of all ages, challenging the assumption that youth primarily drive semantic shifts; older speakers lag behind younger ones by only 2-3 years on average in adopting new word meanings.