Sam Altman, CEO of OpenAI, refutes Marc Andreessen's claim of a proposed plan to allow only a few AI companies to dominate the industry through collaboration with the Biden administration, stating that no such discussion occurred during their meeting.

Source: https://techcrunch.com/category/fintech/

Canoo has placed its remaining employees on a mandatory unpaid break through the end of the year, following previous furloughs and facility idling due to lack of funding.

Source: https://techcrunch.com/category/fintech/

The National Highway Traffic Safety Administration proposed a new framework to allow companies to deploy autonomous vehicles without traditional manual controls, requiring AV companies to share safety data with the agency.

Source: https://techcrunch.com/category/fintech/

A ransomware attack on Ascension, a US healthcare giant, allowed hackers to steal personal and sensitive health information on 5.6 million patients, causing widespread disruption and lapses in healthcare.

Source: https://techcrunch.com/category/fintech/

PearAI, a startup that faced online backlash on the first day of Y Combinator's winter 2024 session, has successfully graduated from the program and raised $1.25 million in seed funding.

Source: https://techcrunch.com/category/fintech/

Nvidia received approval from the European Union to acquire Run-ai, an Israeli GPU orchestration platform. The EU determined the acquisition wouldn't create a monopoly. However, the deal is still pending approval from the U.S. Department of Justice.

Source: https://techcrunch.com/category/fintech/

Four Rivian employees have sued the company over allegations of harassment, including some by top executives, and claim the company's leadership did not address their concerns. Rivian has also settled three other harassment and discrimination cases.

Source: https://techcrunch.com/category/fintech/

OpenAI has announced a new AI model called o3, but no further details are provided in the given news.

Source: https://techcrunch.com/category/fintech/

Emmett Shear, former Twitch CEO, is launching a new AI startup called Stem AI, which aims to develop AI that aligns with human behavior and ethics.

Source: https://techcrunch.com/category/fintech/

In a 2023 Congressional testimony, OpenAI CEO Sam Altman stated that he owns no equity in OpenAI. However, in a recent interview, he admitted to having some equity through a Sequoia fund which he has since sold. He currently holds a small amount of equity from a YC fund, in case OpenAI becomes a for-profit company.

Source: https://techcrunch.com/category/fintech/