In a recent podcast, OpenAI's Sam Altman defended the company's ambitious $1.4 trillion financial commitments amid skepticism about their revenue growth. With major AI deals and high expectations, Altman is confident about future profits but acknowledges risks.
California's Insurance Commissioner Ricardo Lara has conditionally approved State Farm's request for a 22% average rate hike on homeowners insurance, pending a public hearing and financial commitments from the company.