List of All Articles with Tag 'tec'

Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These

OpenAI has reached a deal for ousted boss Sam Altman to return as its chief executive, the company said on Wednesday. The artificial intelligence company said it would reinstate a board consisting of Bret Taylor, Larry Summers, and Adam D’Angelo. “We have reached an agreement in principle for Sam to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo,” the company posted on X. The AI company’s board abruptly fired Mr Altman on Friday saying it “no longer has confidence in his ability to continue leading OpenAI”. Within days, OpenAI brought in the former head of Twitch Emmett Shear as interim chief. But chaos soon erupted at the company with over 500 employees threatening to quit unless its board resigned and reinstated their dismissed boss. The announcement earlier on Wednesday confirms rumours that the OpenAI founder is returning to the helm of his company. “We are collaborating to figure out the details,” the company said. More follows Read More Microsoft stock just hit an all-time high amid OpenAI chaos Microsoft chief hints Sam Altman may return as OpenAI staff demand board resignation OpenAI staff ‘threaten to quit over ousting of Sam Altman’

SYDNEY Australia said on Wednesday it would spend A$26.2 million ($17 million) to establish "rapid assistance" teams to

One of the biggest losers from Chinese President Xi Jinping’s crackdown on the private sector has turned into

Echo Street Capital Management, the money manager founded by Greg Poole, is returning outside capital to fund investors,

By Jody Godoy (Reuters) -Few people can force OpenAI to change governance at the crisis-stricken artificial-intelligence company, and the head

By Hyunjoo Jin and Dan Levine (Reuters) -A Florida judge found "reasonable evidence" that Tesla Chief Executive Elon Musk and

Singapore’s economy fared better than initially thought in the third quarter as the government forecasts that growth may

(Reuters) -Sam Altman and OpenAI's board have opened discussions to bring back its former CEO, and the startup's backer Microsoft

By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Chip designer Nvidia said on Tuesday it expects a steep

By Samrhitha A (Reuters) -HP Inc on Tuesday forecast first-quarter profit below Wall Street estimates but maintained annual earnings outlook,

LONDON (Reuters) -Sony must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation