Thursday, April 23, 2020

Expedia names Peter Kern, previously vice chairman, to CEO; Eric Hart to become CFO as the company faces a ~40% dip in stock price in 2020 (Bloomberg)

Bloomberg:
Expedia names Peter Kern, previously vice chairman, to CEO; Eric Hart to become CFO as the company faces a ~40% dip in stock price in 2020  —  - Private equity firms Apollo, Silver Lake invest in the company  — Media mogul Barry Diller had been helping run Expedia



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...