Tobias Mann / The Register: An IBM survey of 2,000 CEOs finds that only 25% of AI initiatives have delivered expected ROI over the last few years, and only 16% have scaled enterprise wide  —  Just 1 in 4 bets paying off so far  —  Only a quarter of AI initiatives have delivered the expected return on investment, according to an IBM survey of 2,000 CEOs. Lees verder op Tech Meme

Maggie Harrison / Futurism: How “AI slop farmer” Jesse Cunningham targets older women on Pinterest and Facebook with AI-generated copies of content from real bloggers and creators  —  “It’s just a bunch of fraud.”  —  Last year, Jesse Cunningham — a self-described “SEO specialist who leverages the power … Lees verder op Tech Meme

Bloomberg: Source: Fidji Simo will oversee several OpenAI executives who previously reported to Altman, including COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil  —  Fidji Simo is joining OpenAI in a new role as chief executive officer of applications, reporting to Sam Altman, he announced on Wednesday. Lees verder op Tech Meme

Mike Isaac / New York Times: OpenAI says Fidji Simo will lead its business and operations teams in her new role as CEO of Applications, overseeing sales, marketing, and finance  —  Sam Altman, OpenAI’s chief executive, said he hired Instacart’s Fidji Simo to join in a new role as chief executive of applications. Lees verder op Tech Meme

Takashi Mochizuki / Bloomberg: Nintendo projects Switch 2 sales to reach 15M units for the fiscal year ending March 2026, below 16.8M est., and $2.2B annual operating profit, below est.  —  The Kyoto-based company expects shipments of the long-awaited Switch 2 to reach 15 million units in the year to March … Lees verder op Tech Meme

OpenAI: OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO, focusing on “research, compute, and safety”  —  Sam shared this message with the company earlier today:  —  Hi everyone – I have some exciting news to share. Lees verder op Tech Meme

Charlotte Yang / Bloomberg: The Taiwan dollar’s sharpest rally against the US dollar in nearly 40 years raises concerns about the competitiveness and earnings of Taiwanese tech companies  —  A surging Taiwan dollar is aggravating concerns about the competitiveness and earnings prospects of local firms that form the backbone of global tech supply chains. Lees verder op Tech Meme

Simon Hill / Wired: A look at Silence Speaks, a British startup that has built an AI-powered sign language avatar capable of accurately translating text to British Sign Language  —  New technology from British startup Silence Speaks enables an AI-generated sign language avatar to effectively give the deaf … Lees verder op Tech Meme

Sam Altman / @sama: so excited that @fidjissimo is joining openai in a new role: ceo of applications, reporting to me. i’ll remain ceo of openai, but in this new configuration i’ll be able to increase my focus on research, compute, and safety. these are critical as we approach superintelligence. Lees verder op Tech Meme

OpenAI: OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he’ll stay CEO focusing “on research, compute, and safety”  —  Sam shared this message with the company earlier today:  —  Hi everyone – I have some exciting news to share. Lees verder op Tech Meme