Democrats push Sam Altman on OpenAI’s safety record

“Given the discrepancy between your public comments and reports of OpenAI’s actions, we request information about OpenAI’s whistleblower and conflict of interest protections in order to understand whether federal intervention may be necessary,” Warren and Trahan wrote in a letter exclusively shared with The Verge. The lawmakers cited several instances where OpenAI’s safety procedures have…

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SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued…

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