Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $ 100 million in this round. At the time of her departure, Murati wrote […]
Microsoft could end up with substantial equity in the restructured, for-profit OpenAI
How much equity in OpenAI will Microsoft get once the former becomes a for-profit company? That’s the multi-billion-dollar question — one the two parties are racing to answer ahead of a two-year deadline. The Wall Street Journal reports that both Microsoft and OpenAI have hired investment banks to negotiate Microsoft’s equity — which could be […]
The surprising way OpenAI could get out of its pact with Microsoft
The New York Times on Thursday published a look at the “fraying” relationship between OpenAI and its investor, partner, and, increasingly, rival, Microsoft, reporting their five-year romance has cooled owing to financial pressure on OpenAI, the limited computing power Microsoft is providing OpenAI, and disagreements between the two about ground rules. Most fascinating perhaps is […]
Former Palantir CISO Dane Stuckey joins OpenAI to lead security
Dane Stuckey, the former CISO of analytics firm Palantir, has joined OpenAI as its newest CISO, serving alongside OpenAI head of security Matt Knight. Stuckey announced the move in a post on X Tuesday evening. “Security is germane to OpenAI’s mission,” he said. “It is critical we meet the highest standards for compliance, trust, and […]
OpenAI snatches up Microsoft generative AI research lead
Microsoft has lost an AI expert and OpenAI gained one, after the former’s VP of generative AI research Sebastian Bubeck left for the latter. The Information first reported the move, and Reuters also confirmed the departure with Microsoft. We know Bubeck as one of the main authors of papers describing Microsoft’s Phi models, a series […]