Key Takeaways OpenAI Chief Executive Officer Sam Altman has a net worth of $1.2 billion, according to Forbes. Altman’s wealth mainly comes from his investments in technology companies such as Reddit, Stripe, and Airbnb. Altman does not own direct equity in OpenAI, but rather has an indirect interest in OpenAI through a small investment made
Key Takeaways For decades, full-service hotels like Westins provided daily housekeeping. Then the pandemic hit, and hoteliers realized it was better for their bottom line to cut back on the practice. The Westin Wall Centre, Vancouver Airport in British Columbia briefly offered guests lower rates if they opt to forgo daily housekeeping on longer stays.
India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman, presenting the federal budget for 2025-26, said the fund builds on
To cap off a day of product releases, OpenAI researchers, engineers, and executives, including OpenAI CEO Sam Altman, answered questions in a wide-ranging Reddit AMA on Friday. OpenAI finds itself in a bit of a precarious position. It’s battling the perception that it’s ceding ground in the AI race to Chinese companies like DeepSeek, which
Key Takeaways For cash savings you want to keep accessible, you have plenty of options right now to earn a historically high return. Banks and credit unions offer high-yield savings accounts, money market accounts, and certificates of deposit—currently paying as much as 4.80% on a 3-month CD. Brokerages and robo-advisors meanwhile offer money market funds
Key Takeaways Palantir Technologies is set to report fourth-quarter results after the market closes Monday, with analysts expecting revenue and adjusted earnings growth. However, analysts are largely skeptical on whether the analytics software provider’s stock can sustain its recent momentum. Shares of Palantir have nearly quintupled in value over the past 12 months. Palantir Technologies
OpenAI used the subreddit, r/ChangeMyView, to create a test for measuring the persuasive abilities of its AI reasoning models. The company revealed this in a system card — a document outlining how an AI system works — that was released along with its new “reasoning” model, o3-mini, on Friday. Millions of Reddit users are members
Your control over your finances defines your financial health, the means to work toward your financial goals, your ability to handle a financial surprise, and the freedom to enjoy your life. To measure the state of your financial life, you can ask yourself several key questions each year. Key Takeaways Financial health or fitness is
Key Takeaways The last CD locking in 5% or more came off the market today, adhering to the Jan. 31 expiration date it had been advertising. That moves the top rate on a nationally available 3-month CD into the lead, with MutualOne Bank offering 4.80% in that term. Yesterday, the leading 1-year rate rose to
As President Donald Trump begins his second term, hot-button topics like immigration and tariffs have been in the spotlight. Retirement planning, not so much. But several issues will likely come into focus that could affect your retirement savings. Trump has called for extending the Tax Cuts and Jobs Act, which passed in 2017, and massive
Key Takeaways Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted for a little more than a quarter of its fourth-quarter profits. The company was able to book these bitcoin-derived profits thanks to a change in Financial Accounting Standards Board guidelines for crypto assets. MicroStrategy could be liable
New housing market data released by Zillow reveals something astonishing: In the past five years between the pre-pandemic December of 2019 and December of 2024, the typical mortgage payment has increased by a whopping 106%. In other words, today’s typical mortgage payment is more than double what home buyers locked in just five years ago.