Exxon Mobil CEO Darren Woods said on Saturday the “issue” countries need to focus on at the COP28 climate summit is reducing emissions. For many at the summit, COP28 can only be considered a success if there is an agreement to “phase out” all fossil fuels. “I think what society should focus on is the … [Read more…]
Nvidia CEO Jensen Huang says the industry will achieve a form of artificial general intelligence (AGI) within five years. He said that by then, AI will be “quite competitive” with humans and the world will see the emergence of “off-the-shelf AI systems” that companies will adopt and adapt to their needs, from chip design to … [Read more…]
While acknowledging the slowdown the electric battery industry in the United States is currently experiencing, Northvolt North America’s CEO sought to reassure Tuesday about the long-term viability of his mega-factory project on the coast – south of Montreal. • Also read: Battery sector: “It is certain that it represents an economic risk,” acknowledges the CEO … [Read more…]
The CEO of Investissement Québec (IQ) recognizes the “economic risk” of pouring more than $2.7 billion of public money into the battery sector, but assures that he has actually “done his homework” to all the risks understand, even if it was not the case Request a study on the subject. “It’s a damn good deal. … [Read more…]
In this bi-weekly column, we provide an overview of insider transactions and investments in Quebec companies. • Also read: The Smart Investor: Wealthsimple’s Meager Returns • Also read: The FTQ fund invests in electronic circuits His options pay him $11.6 million The big boss of CGI, the American George Schindler, made a profit of $11.6 … [Read more…]
Zhao Changpeng, founder and CEO of Binance, attends the Viva Technology conference on innovation and startups at the Porte de Versailles exhibition center in Paris, France on June 16, 2022. Benoit Tessier | Portal Lawyers for former Binance CEO Changpeng Zhao are asking a U.S. judge to reject the Justice Department’s request to bar him … [Read more…]
Former Binance CEO Changpeng Zhao (CZ) will not be allowed to leave the United States before his sentencing in February on a charge of violating the Bank Secrecy Act, federal prosecutors said in a court filing Wednesday. Zhao pleaded guilty and resigned from the crypto exchange he founded on Tuesday, while Binance pleaded guilty to … [Read more…]
[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives at a bipartisan insights forum on artificial intelligence (AI) for all U.S. Senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol on September 13, 2023 in Washington, USA. Portal/Julia Nikhinson/File Photo Acquire License Rights Nov 22 (Portal) – Ahead of OpenAI CEO Sam … [Read more…]
LONDON, Nov 21 (Portal) – The most powerful man in crypto has lost his crown – and could also face having his freedom restricted. Binance CEO Changpeng Zhao resigned on Tuesday and pleaded guilty to violating U.S. anti-money laundering laws as part of a $4.3 billion settlement to resolve a years-long investigation into the world’s … [Read more…]
Comment on this storyCommentAdd to your saved storiesSave SAN FRANCISCO – Sam Altman, fired from his role at ChatGPT maker OpenAI on Friday, will return to his post as chief executive, ending a boardroom drama that has roiled Silicon Valley and exposed power struggles over who is in control about the future of artificial intelligence. … [Read more…]