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Former OpenAI board member explains why CEO Sam Altman was fired and then rehired

May 29, 2024
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Helen Toner, a former member of OpenAI's board who played a role in the departure of CEO Sam Altman in November, has finally spoken out. She shared insights into the internal events at the company preceding Altman's dismissal during a podcast released on Tuesday.

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Baidu CEO says Artificial general intelligence still over a decade away

May 23, 2024
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According to the co-founder of Baidu, AGI has the potential to address some of humanity's most urgent issues in the future.

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Tesla CEO Elon Musk supports ‘no tariffs’ on Chinese EVs

May 23, 2024
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PARIS, France — On Thursday, Tesla CEO Elon Musk expressed his opposition to President Biden’s recent decision to impose a tariff on Chinese electric vehicles.

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Changpeng Zhao, CEO of Binance, receives a four-month prison sentence

May 1, 2024
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The CEO of the largest cryptocurrency exchange globally has received a four-month prison sentence in the United States for enabling money laundering activities by criminals on his platform.

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CEO Satya Nadella announces Microsoft’s $1.7 billion investment in AI infrastructure in Indonesia

April 30, 2024
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On Tuesday, Microsoft announced plans to invest $1.7 billion in Indonesia over the next four years for the development of new cloud and AI infrastructure. This announcement coincided with a meeting between CEO Satya Nadella and Indonesian President Joko Widodo on the same day.

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Mustafa Suleyman, co-founder of DeepMind, appointed as CEO of Microsoft’s new AI division

March 19, 2024
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On Tuesday, Microsoft announced the hiring of Mustafa Suleyman, a co-founder of DeepMind, an artificial intelligence startup acquired by Google in 2014. Suleyman will assume the role of Executive Vice President and CEO of Microsoft AI, reporting directly to CEO Satya Nadella.

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Technology

The CEO of Palantir says his strong support for Israel has led to employee departures

March 13, 2024
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Alex Karp, CEO of Palantir, acknowledged that some employees have left the company due to his public support for Israel, and he anticipates further departures. He stated in an interview with CNBC's "Money Movers" on Wednesday that they have experienced personnel losses and expects more to follow. Karp emphasized that taking a stance on certain issues can inevitably lead to employee turnover, indicating that a position devoid of any such consequences is not truly a position at all.

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Elon Musk sues OpenAI and CEO Sam Altman for breaching contract

March 1, 2024
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Elon Musk has filed a lawsuit against OpenAI, supported by Microsoft, and its CEO, Sam Altman, among others. Musk alleges that they have departed from the company's original goal of creating artificial intelligence "for the wider benefit of humanity."

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Sports

Netball Australia CEO Kelly Ryan resigns after agreement in principle reached on pay

December 12, 2023
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Netball Australia (NA) Chief Executive Kelly Ryan has resigned in the aftermath of a recent agreement to resolve a prolonged pay dispute in the Super Netball League. The players in the league had not received payment since their contracts expired in September, causing financial hardship.

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Technology

Spotify to lay off 17% of employees read the full memo CEO Daniel Ek sent to staff

December 4, 2023
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In a communication to its workforce, Spotify CEO Daniel Ek announced a significant workforce reduction of 17%, a move aimed at mitigating costs and adapting to a deceleration in growth. Ek highlighted that the company had oversaturated its employee count in 2020 and 2021, during a period of accessible capital and substantial tech company investments.