Two of Nvidia’s senior leaders are now billionaires, joining co-founder and CEO Jensen Huang on the Bloomberg Billionaires Index. Nvidia’s Chief Financial Officer, Colette Kress, and the company’s Executive Vice President of World Field Operations, Jay Puri, are now each worth more than one billion dollars due to their ownership of Nvidia stock, according to … Read more
Despite Microsoft’s position as the No. 2 most valuable company in the world, behind Nvidia, with a market value of $3.8 trillion, the tech giant has laid off more than 15,000 people this year. In a memo to staff on Thursday morning, released publicly on Microsoft’s corporate blog, Microsoft CEO Satya Nadella addressed the recent … Read more
Sam Altman, the CEO of $300 billion AI startup OpenAI, is asking finance industry leaders to stay ahead of AI trends — and to avoid voice authentication at all costs. At the Federal Reserve’s Regulatory Capital Framework Conference on Tuesday in Washington, D.C., Altman told a crowd of financial regulators and industry experts that “a … Read more