Samsung apologizes for making just $6.8 billion last quarter

To our customers, investors and employees who have always loved Samsung Electronics: Today we, the management of Samsung Electronics, would first like to apologize to you. The performance below market expectations has raised concerns about the company's fundamental technological competitiveness and future. Many people are talking about Samsung's crisis. The entire responsibility lies with us … Read more

OpenAI just raised $6.6 billion to build ever-larger AI models

According to a blog post from the company, OpenAI just closed a historic funding round, making a $6.6 billion investment at a $157 billion valuation to continue its mission of building artificial general intelligence. The funding round was led by Thrive Capital, which said it committed $1 billion Financial Times. It was also reported that … Read more

What’s on your bookshelf?: pay 3 billion pounds to read five minutes early edition

Hello reader who is also a reader, and welcome back to Booked For The Week – our regular Sunday chat with a selection of cool industry folks about books! I am ill, so no guest this week. To tide you over, here is a short excerpt from a story I started once about the redemptive power of forgiveness:

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