NXP’s Kurt Sievers Steps Down: Presidential Role Handed Over Ahead of Retirement

April 29, 2025 – Dutch semiconductor giant NXP Semiconductors revealed in its first-quarter earnings announcement yesterday (local time) that its Chief Executive Officer and then-President Kurt Sievers intends to retire from the company by the end of this year. The decision, which was unanimously endorsed by NXP’s board of directors, has already seen Sievers step…

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FTC Examines Investment Relationship between Microsoft and OpenAI

July 11, 2024 – The Federal Trade Commission (FTC) has announced an investigation into five major technology companies, including Microsoft. The probe primarily focuses on reviewing whether these companies have engaged in monopolistic practices in their investments and collaborations within the AI sector. Additionally, the FTC aims to gain insights into the current competitive landscape…

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OpenAI CEO Sam Altman Addresses AI Skepticism at Davos 2024

January 17, 2024 – In a recent announcement at the World Economic Forum in Davos, Switzerland, OpenAI CEO Sam Altman revealed that human-level artificial intelligence is on the horizon. However, he emphasized that its impact on the world may be smaller than anticipated. Altman pointed out that while there is a widespread concern about the…

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