OpenAI Employee Stock Sale Would Value ChatGPT Maker at $500 Billion
At $500 billion, OpenAI would become the world’s most valuable privately held company.
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Richard Lee, Activist Who Founded a Pot ‘University,’ Dies at 62
After he was paralyzed in an accident, his use of marijuana for medical purposes led him to become one of the nation’s most influential cannabis activists.
Intel must give government equity in return for CHIPS funds
Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. “We should get an equity stake for our money,” Lutnick said on CNBC’s “Squawk on the Street.” “So we’ll deliver the money, which was already committed under the Biden administration….
Lessons from U.S. Army Special Ops on Becoming a Leader
Leading through volatility is now the most in-demand skill at U.S. companies (topping AI fluency), according to dozens of senior human resources executives I polled recently at Fortune 100 companies from an array of industries, including healthcare, sales, finance, food service, manufacturing, tech, and biotech. The demand has been driven by recent spikes in global…
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Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain.
The Race to Rescue PBS and NPR Stations
The Knight Foundation and other top organizations are aiming to provide $50 million to stabilize the stations most at risk from the recent federal government funding cuts.
Stock market today: Live updates
SoftBank will invest $2 billion into Intel, chipmaker’s shares rise Japanese conglomerate SoftBank will invest $2 billion into Intel, according to an announcement from the two companies. SoftBank will pay $23 per share of Intel’s common stock. The chipmaker’s shares ended Monday’s regular session at $23.66. Intel jumped more than 5% in extended trading. Stock…
Building Employee Buy-In for Strategic Change
Changes from the C-suite often land as abstract ideas that feel disconnected from (or irrelevant to) the reality on the ground. It’s up to team leaders to help people see what it means for them. Otherwise, it’s just another big announcement that doesn’t stick.