OpenAI's chief executive Sam Altman will return to the company's board of directors after a probe into his brief sacking and subsequent rehiring. An investigation by law firm WilmerHale found that Altman's conduct "did not mandate his removal" last year, OpenAI said in a blog post on Friday. Altman's firing was instead due to a "breakdown in the relationship and loss of trust" between the 38-year-old entrepreneur and the previous board, the company said. OpenAI said it had "full confidence" in Altman's ongoing leadership at the artificial intelligence startup after reviewing the law firm's findings. "WilmerHale found that the prior Board acted within its broad discretion to terminate Mr. Altman, but also found that his conduct did not mandate removal," the company said in a summary of the report.

In 2015, there were approximately 3.5 billion internet of things (IoT) devices in use. Today, the number stands around 35 billion, and is expected to eclipse 75 billion by 2025. IoT devices range from connected blood pressure monitors to industrial temperature sensors, and they're indispensable. The challenge was the driving force behind Ordr, a startup focused on network-level device security. Pandian Gnanaprakasam and Sheausong Yang -- who between them had tenures at Cisco, Aruba Networks, and AT&T Bell Labs -- co-founded Ordr in 2015 to address what they call the "visibility gap" in enterprise networks.

Your new app uses the power of artificial intelligence to ensure your contact list is always complete and up-to-date.

Goldenbridge Acquisition, a blank check company targeting the artificial intelligence industry, filed on Tuesday with the SEC to raise up to $50 million in an initial public offering. The Hong Kong-based company plans to raise $50 million by offering 5 million units at $10. Each unit consists of one share of common stock; one warrant for one-half of a share, exercisable at $11.50; and one right to receive one-tenth of a share upon completion of the initial business combination. At the proposed deal size, Goldenbridge Acquisition would command a market value of $65 million. The company is led by CEO and Chairman Yongsheng Liu, former CEO of Royal China Holdings, and COO Ray Chen, former CEO of Fortissimo Film International.

The current economic environment enables many large companies to succeed, while many small and medium businesses (SMBs) are suffering. Adding to this divide are the changes created by AI. Right now, larger companies are investing in AI because they recognize the opportunity to dominate a market using this technology. Big companies have many advantages when it comes to AI. They have more data (a critical factor for success), more talent, more opportunities for improvement, and more investment capital.

SHANGHAI: Jack Ma believes artificial intelligence poses no threat to humanity, but Elon Musk called that "famous last words" as the billionaire tech tycoons faced off Thursday in an occasionally animated debate on futurism in Shanghai. The Chinese co-founder of Alibaba and the maverick industrialist behind Tesla and SpaceX frequently pulled pained expressions and raised eyebrows as they kicked off an AI conference with a dialogue that challenged attendees to keep up, veering from technology to Mars, death, and jobs. However, the hot topic in the hour-long talk was AI, which has provoked increasing concern among scientists such as late British cosmologist Stephen Hawking who warned that it will eventually turn on and "annihilate" humanity. "Computers may be clever, but human beings are much smarter," Ma said. "We invented the computer -- I've never seen a computer invent a human being."

Artificial intelligence (AI) is changing the world of business at an incredible pace, but there are some fantastic resources available to those that don't want to get left behind. With World Book Day upon us, we look at the best books on AI in business. In a world where you can get any information in a matter of seconds, the book can become a forgotten medium. But for those looking to future-proof their organisation, there are some excellent options that provide far more than a Google search can provide. There are thousands of books taking on the topic of AI and automation in business, but we've restricted ourselves to just five that offer a unique take on the topic.

Alphabet chairman Eric Schmidt says the US is at risk of falling behind in the race to develop cutting-edge artificial intelligence. Speaking at a tech summit organized by national security think tank CNAS, Schmidt predicted that America's lead in the field would continue "over the next five years" before China catches up "extremely quickly." "They are going to use this technology for both commercial and military objectives, with all sorts of implications," said Schmidt, referencing a Chinese policy document by outlining the country's ambition to become the global leader in AI by 2030. Schmidt reiterated several familiar talking points in this debate: that the US is failing to invest in basic research, and that a restrictive immigration policy hobbles the country's ability to attract AI talent from overseas. "Some of the very best people are in countries that we won't let into America. Would you rather have them building AI somewhere else, or rather have them here?" said Schmidt.