While Airbnb has said it won’t go for an IPO this year, CEO Brian Chesky said at the Code Conference in Los Angeles on Wednesday that 2019 isn’t off the table. “We will be ready to IPO next year, but I don’t know if we will,” he said. He said an IPO will depend on if it’s a “major benefit” to the company at the time. Mr. Chesky said the company is still looking for a CFO, after CFO Laurence...
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How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI Responses
When Andy Wilson’s company received its first successful client referral through ChatGPT, he was shaken to his core. The founder and CEO of Logikcull, a San Francisco–based legal technology company, Wilson “had the exact same reaction to ChatGPT as I had to the internet browser in the early ’90s,” he said. “But this time I knew it would be even bigger than...
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How Microsoft Swallowed Its Pride to Make a Massive Bet on OpenAI
Satya Nadella didn’t want to hear it. Last December, Peter Lee, who oversees Microsoft’s sprawling research efforts, was briefing Nadella, Microsoft’s CEO, and his deputies about a series of tests Microsoft had conducted of GPT-4, the then-unreleased new artificial intelligence large-language model built by OpenAI.