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Regional bank failures and the conviction of Sam Bankman-Fried were among the big news events this year.
Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and
The collapse of Silicon Valley Bank, the conviction of Sam Bankman-Fried, the reassertion of union power and the turmoil at OpenAI were just some of the big business stories in a year that was full of them.
DealBook has chosen photographs of some of the biggest newsmakers, stories and trends from 2023.
Artificial intelligence had a good year. Investment poured into A.I. start-ups; big tech firms deployed their scale and cloud computing operations to build ties with the field’s new leaders; and Nvidia became the first chipmaker to hit a market capitalization of $1 trillion thanks to demand for its A.I. semiconductors.
The investor enthusiasm was matched by worry among lawmakers, who often struggled to keep pace with the companies developing the technology. But the first steps toward developing regulations for A.I. have been taken. President Biden issued an executive order in October focused on the technology’s implications for national security; China imposed restrictions on certain types of A.I.; and E.U. lawmakers passed one of the world’s first regimes to regulate the technology.
But amid the disparate efforts, there was also an attempt to achieve some measure of international collaboration. Last month, more than two dozen countries, including the rivals U.S. and China, tech executives and researchers attended Britain’s A.I. Safety Summit. The event didn’t end with an agreement for a new set of rules, but the governments warned of the dangers posed by the most advanced A.I. systems and agreed to keep talking.
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A Look Back at the Top Business Stories of 2023 – The New York Times
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