Three top leaders at OpenAI, the artificial intelligence company backed by Microsoft, announced their resignations on Wednesday. Chief Technology Officer Mira Murati, VP of Research Barret Zoph, and Chief Research Officer Bob McGrew all revealed their departures via X. This marks the latest in a series of high-profile exits amid ongoing restructuring efforts at the company.
OpenAI is negotiating a $6.5 billion funding round, which could value the company at $150 billion, contingent on corporate restructuring. CEO Sam Altman, previously ousted and reinstated in 2023, will gain an equity stake as part of the changes. Murati, who has been with OpenAI for over six years, cited her desire for personal exploration in her departure post.
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Stand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.More than 80 per cent of EU compani
(Reuters) - Sweden's Securitas reported fourth quarter core profit above market expectations on Thursday, mainly driven by its security services business in
M&G Investments is acquiring a majority stake in P Capital Partners, a European private-credit business, in a move to bolster its private markets capabilit