How OpenAI’s unusual governance structure backfired

[ad_1] The governance structure at OpenAI was a novel one, as I reported earlier this year—meant to limit the control one corporate entity could have over the development of the…

The Trade That Backfired for America’s Biggest Wood-Pellet Exporter

[ad_1] A wrong-way bet on the price of wood pellets has jeopardized America’s biggest exporter of the fuel, even though demand has never been higher among the European and Asia…

Matt Damon’s Evil Business Plan To Crash the Market Backfired After Actor Had To Sign Thousands of Fan Autographs For Nothing

[ad_1] Matt Damon has been in the limelight ever since his debut role in Mystic Pizza and rose to prominence after the success of Good Will Hunting, which also saw him bag an…

They Tried to Boost Their Resumes Using AI. It Backfired.

[ad_1] Artificial-intelligence software can lighten skin tones and change facial features when it’s used it to create professional headshots, some experts say. [ad_2] Source link

How First Republic Bank’s strategy of low-rate mortgages backfired

[ad_1] Lucas Jackson/Reuters First Republic is teetering, with the stock down 93% in 2023 and the bank exploring strategic options. The bank won wealthy clients with the offer of jumbo…

How coupons backfired on Bed Bath & Beyond

[ad_1] New York(CNN) For decades, blue and white paper coupons defined Bed Bath & Beyond’s brand, popping up everywhere from the movie “Old School” to notorious mobster Whitey Bulger’s junk…