Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult — OpenAI's former CEO testified under oath that Altman lied to her. … Mira Murati, OpenAI's former CTO, has testified under oath …
Instacart reports Q1 revenue up 14% YoY to $1.02B, GTV up 13% to $10.29B, and orders up 10%, compared with a 16% growth a year earlier; CART drops 11%+ — Instacart (CART.O) on Wednesday forecast second-quarter gross transaction value above Wall Street expectations and said shoppers …
Subquadratic launches with a $29M seed and debuts SubQ, an LLM that uses a subquadratic sparse attention architecture to achieve a 12M-token context window — Subquadratic, a company developing a novel generative artificial intelligence model, launched today with $29 million in seed funding.
OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis — OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion …
Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours — Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines. Shares soared 17% after the report.
Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release — The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …
Former Trump and Biden AI advisers Dean Ball and Ben Buchanan urge bipartisan action on AI security risks, including tighter export controls and safety audits — We come from different parties and have guided artificial intelligence policy under very different presidents.