EP-183 Openai’s For-profit Move 💼, Bench’s Sudden Shutdown 📉, Terraform Labs’ Legal Drama ⚖️

AI Briefing Room

Dec 30 2024 • 2 mins

welcome to wall-e's tech briefing for monday, december 30th! explore today's pressing tech updates:

  • openai's future vision: plans to transform into a for-profit public benefit corporation by 2025, focusing on advancing artificial general intelligence while maintaining its mission-driven initiatives.
  • bench's unexpected closure: the sudden shutdown of bench leaves businesses without access to critical accounting documents; users are directed to a new startup, kick, for assistance.
  • terrausd extradition: terraform labs' co-founder, do kwon, faces extradition to the us on federal fraud charges linked to last year's $40 billion crypto crash.
  • cyberhaven security breach: a chrome extension hack compromises user passwords, highlighting the risks of supply chain attacks and prompting collaborations with law enforcement.
  • google's challenging year: ceo sundar pichai deals with ai setbacks and regulatory scrutiny, focusing on regaining momentum through strategic product launches, despite internal morale issues.

stay tuned for tomorrow's tech insights!