Today on the Big Take: Josh Tyrangiel unpacks his wide-ranging interview with Sam Altman about OpenAI’s future. After CEO Sam Altman was dramatically fired and rehired in November 2023, he got right back to work building up OpenAI, best known for ChatGPT.

The OpenAI CEO said he is willing to work with the incoming administration to ensure the continued advancement of AI.

Tech companies have been racing o to set up data centers essential for powering generative artificial intelligence applications such as OpenAI’s ChatGPT and Google Gemini, which require

Sam Altman in an interview said the most helpful thing Donald Trump can do for AI in his next administration would be to develop new infrastructure.

Microsoft said on Thursday that it is making a $1 million donation to the inauguration fund of President-elect Donald Trump. TakeAway Points: Microsoft has contributed $500,000 for President-elect Donald Trump’s first term and is now contributing $1 million to his inauguration fund.

AlexNet, created by Alex Krizhevsky, Sutskever and Geoffrey Hinton, used a deep convolutional neural network (CNN)—a powerful new type of computer program—to recognize images far more accurately than ever, kick-starting major progress in AI.

What’s at stake: The hurry before the president-elect’s inauguration on January 20 underscores the EU’s insecurity over his potential actions when he returns to the White House, following his recent threats. These include refusing to rule out taking Greenland by force and suggesting Canada and the Panama Canal should become part of the US.

Donald Trump announced a $20 billion investment by Emirati billionaire Hussain Sajwani to build data centers in the U.S. The move aligns with the tech industry's race to enhance AI capabilities. Global spending on data centers is projected to exceed $250 billion by 2030.

Trump, who returns to the White House after January 20's inauguration, has raked in substantially more money from tech companies than Biden did for his 2021 inaugu

Thursday's edition of Forbes Daily covers updates on California wildfires, Anthropic's new funding, most profitable sports teams, Eric Schmidt's AI project and more.

Opinions and thoughts are the author’s own and not those of AFROTECH™. Overhyped tech sectors of cryptocurrency and artificial intelligence have seen a recent resurgence in the past year. Most of AI’s rise can be attributed to the hype and fear that surrounds its use.