Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and ChatGPT owner OpenAI, the Information reported Monday.The new model, internally referred to as MAI-1, is being overseen by recently hired Mustafa Suleyman, the Google DeepMind co-founder and former CEO of AI startup Inflection, the report said, citing two Microsoft employees with knowledge of the effort.Microsoft’s new model is internally referred to as MAI-1. Microsoft CEO Satya Nadella, ab ...

Tesla has reportedly reneged on summer internship offers it made to college students.Multiple students described their situations in posts on their LinkedIn profiles this week, Bloomberg reported Wednesday.One of the students identified by the outlet said Tesla informed her on Monday via a phone call that she no longer had a summer internship, a development she linked to the workforce and cost-reduction efforts Tesla recently started.Tesla said in mid-April it would shed 10% of its 140,400-person headcount. ...

Warner Bros. Discovery will reportedly implement paid-sharing on Max as it gets stricter later this year about subscribers letting other people use their accounts.Bloomberg reported this week that Warner Bros. Discovery will roll out an option for members to pay for “extra members” streaming with their Max subscriptions to have their own username and password as part of its upcoming effort to curb account-sharing. The outlet cited people “familiar with the company’s plan.”If implemented, that would seemingl ...

Ford recently launched a recall of over 242,600 Maverick trucks, citing an issue that may lead to their tail lights not lighting up.The Michigan-based automaker said in a safety recall report filed Friday to the National Highway Traffic Safety Administration (NHTSA) that if the tail lights on the recalled pickups fail to light up, it could “cause reduced visibility to other drivers in dark conditions, increasing the risk of a collision.” The 242,669 total Maverick trucks subject to recall are part of the mo ...

The Boeing jet that dropped an emergency slide after taking off from JFK Airport on Friday is 33 years old — well past the typical retirement age for a commercial jetliner, according to aviation experts.The chute from Delta Flight 520 had detached from a panel above the right wing shortly after the Los Angeles-bound plane took off from JFK Airport in New York last Friday. The deflated slide was recovered Sunday after it washed up on the Rockaway peninsula, about six miles from JFK, as The Post exclusively r ...

UnitedHealth’s problems are not a threat to the broader economy, the largest US health insurer’s CEO told a Senate panel on Wednesday after senators questioned whether the company’s size could pose a systemic threat.Senators grilled Andrew Witty during the first of two scheduled testimonies in front of Congressional panels on the recent cyberattack on UnitedHealth’s technology unit that impacted almost all patients and providers.“Your company let the country down,” Senate Finance Committee Chairman Ron Wyde ...

US prosecutors are examining financial transactions at Jack Dorsey’s Block, NBC News reported Wednesday, citing two people with direct knowledge of the matter.NBC reported that federal prosecutors were discussing with a former employee alleged widespread compliance lapses at Square and Cash App, the company’s two main units.Areas under investigation include whether the company failed to gather sufficient information on customers to assess risks, if Square processed transactions involving countries subject t ...

Starbucks shares plunged 15% in early trading Wednesday after the Seattle-based java giant reported weaker-than-expected quarterly earnings and warned that its cafes will continue to underperform in 2024.For the three-month period ended March 31, Starbucks said that same-store sales in the US decreased 3% as foot traffic toppled a disappointing 7%, marking the second consecutive quarter that the coffee chain’s home market has struggled.“In a highly challenged environment, this quarter’s results do not refle ...

Elon Musk’s abrupt decision to lay off employees who ran Tesla’s electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger network, industry officials and analysts said on Tuesday.For now, General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans.Tesla’s decision to open its network to rival EV manufacturers was hailed by President Biden, and open ...

Amazon forecast second-quarter revenue below Wall Street expectations on Tuesday, as it expects tepid spending from cost-conscious businesses on its cloud-computing services.Amazon’s first-quarter sales of $143.3 billion, a 13% gain, were higher than the $142.5 billion average according to LSEG data.Amazon shares rose as much as 6% in after-hours trading, after closing down 3.3% in the regular session.Amazon’s first-quarter sales of $143.3 billion beat analysts’ estimates. REUTERSThe company expects revenue ...