SoftBank’s Arm will try to transfer shares of its contested China joint venture to a special purpose vehicle to smooth the way to a New York initial public offering, the Financial Times reported. Control over the U.K.-chip designer’s joint venture in China is contested by Allen Wu, the head of Arm China, who has refused to relinquish control of the joint venture despite a board vote kicking...
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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
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