After nine years as CEO of the studio behind Control and Alan Wake, Tero Virtala has departed the role. Remedy cofounder Markus Mäki is taking over on an interim basis (and stepping down as chairman of the board) while the company looks for a permanent CEO. Henri Österlund, a board member since 2017, is Remedy’s new chairman.“I want to thank Tero Virtala for his substantial contribution to t [...]
Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced. Arc runs a financial platform for technology and growth companies, bundling cash management, debt financing, […]<br /> This story continues [...]
OpenAI is cutting off the AI coding tool Cursor after SpaceX acquired the company, citing Elon Musk's track record of breaking contracts. Cursor co-founder Michael Truell downplays the move, saying OpenAI models account for just five percent of the tool's AI traffic.<br /> The article OpenAI cuts off Cursor after SpaceX acquisition, citing Musk's history of breaking contracts [...]