OpenAI embraces for-profit model to chase AI dreams
OpenAI, the pioneering force behind artificial intelligence breakthroughs, has unveiled a plan to overhaul its corporate structure, signaling a significant strategic shift to fuel its ambitious pursuit of artificial general intelligence (AGI). The company announced Friday that it will establish
Smart home solutions to kickstart 2025
We are finally winding down another year and yet again we find ourselves on a renewed quest to improve our lives. Before we set the big holidays behind us, let’s welcome positivity and set intentions for the year ahead. Conclude
HomeStreet Bank sells $990M in loans to BofA in strategic profit push
HomeStreet Bank, a Seattle-based lender, is making a significant move to shore up its financial position by selling nearly $990 million of its multifamily commercial real estate loans to Bank of America (BofA). This strategic decision, announced Friday, aims to
FMF Development Corp. sets virtual Special Meeting of Stockholders on Jan. 9
FMF Development Corp. sets virtual Special Meeting of Stockholders on Jan. 9 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that
What we’re watching 👀
Here’s what we’re watching in transition world today: 🗓️ What we're watching Donald Trump is heading into 2025 with imperialism on the brain, but Republicans are mostly writing the president-elect's overtures off as saber-rattling. It’s an approach that