OpenAI Faces Executive Shakeup During Critical Funding Round – The European Business Review
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.
Related Readings:
Related
European markets set to open higher after Christmas closure
European stocks were set to open higher on Friday, as regional markets resume trading following a closure for the Christmas holiday.The FTSE 100 is expected to
EU and Switzerland agree deal to deepen relations – EUbusiness.com…
The European Commission and Switzerland completed negotiations Friday on a broad package of agreements to deepen and expand the EU-Switzerland relationship.“T
Qatar will ‘stop’ EU gas sales if fined under due…
Stay informed with free updatesSimply sign up to the EU business regulation myFT Digest -- delivered directly to your inbox.Qatar has threatened to stop vital g
Ladies European Tour unveils 2025 tournament schedule
6.00pm 20th December 2024 - Sponsorship & Events - This story was updated on Saturday, December 21st, 2024 The Ladies European
