Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAIRead More

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Carlyle Picks Former Goldman Sachs Executive as Next CEO

Carlyle Group will name former Goldman Sachs executive Harvey Schwartz as its next chief executive officer, according to several reports, ending a monthslong wait for a new CEO after its previous chief departed abruptly last year. During Schwartz’s two decades at Goldman, he held leadership roles including co-head of the securities division, chief financial officer, co-president and co-chief...

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Fear and Longing in the AI Wars
Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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From left, Alphabet CEO Sundar Pichai, DeepMind CEO Demis Hassabis and Google Brain chief Jeff Dean. Photos by Getty, Bloomberg
Exclusive google ai
Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
OpenAI’s success in overtaking Google with an artificial intelligence–powered chatbot has achieved what seemed impossible in the past: It has forced the two AI research teams within Google’s parent, Alphabet, to overcome years of intense rivalry to work together.
Art by Clark Miller.
Opinion startups
Don’t Build the Wrong Kind of AI Business
At a catch-up coffee a few weeks ago, a founder friend asked me, “What AI thing should we build?” It was the third time that week a founder had asked me the same question.
Orlando Bravo, co-founder of Thoma Bravo LLC. Photo by Bloomberg.
DEALS enterprise
Private Equity Firms’ Secret Weapon for Big Software Buyouts
When Thoma Bravo was drawing up the financing of its $8 billion acquisition of Coupa Software last year, the private equity giant didn’t turn to a bank, and it didn’t get a traditional loan.
Art by Clark Miller.
Opinion entertainment media/telecom
The Streaming Business Model Is Hitting Its Half-Life
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Org Charts microsoft ai
The People Who Make OpenAI Run Fast
Sam Altman has been the face of OpenAI as it quickly outmaneuvered rivals such as Google to launch cutting-edge artificial intelligence to the public.
Elon Musk. Photo by Bloomberg.
markets
Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company.