The founders of Windsurf, the now much talked about AI startup, are having a roller coaster couple of weeks.Varun Mohan and Douglas Chen nearly struck a deal to sell the company to OpenAI for $3 billion before it suddenly fell through.Then, the two decamped to Google DeepMind, leaving the rest of…
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As Nike tries to mount a comeback and live up to its reputation as a dominant retail force, the sportswear giant appears to be investing in some tech and design jobs.Publicly available work visa data, which companies are required to disclose to the US Department of Labor, gives an idea of how much Nike’s employees bring home and some of the roles it has invested in.Nike had about 890 open positions worldwide listed on its…
The Gold price seems to be increasingly running out of steam. Although the US dollar…
Singapore, London, and Hong Kong still top the charts as the world’s most expensive cities…
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In the ultra-competitive world of artificial intelligence, dealmaking sometimes must be a frantic, around-the-clock affair.The recent deal between AI startup Windsurf and Cognition, which took place over a single weekend sprint, was no exception.To sum it up: The industry’s most successful AI startup, OpenAI, was initially set to acquire Windsurf,…
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Renting in Santa Cruz, California now requires a stifling income of more than $168,000 just to rent a two-bedroom, a figure that makes it the most unaffordable market in the nation for the third year in a row. In the Santa Cruz area, located on the Central Coast about 75…
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OpenAI’s latest experimental model is a math whiz, performing so well on an insanely difficult math exam that everyone’s now talking about it.”I’m excited to share that our latest @OpenAI experimental reasoning LLM has achieved a longstanding grand challenge in AI: gold medal-level performance on the world’s most prestigious math…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
