Investors are souring on OpenAI’s nonprofit governance model

November 20, 2023

OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altman on Friday. Even after it transitioned from a nonprofit to a “capped-profit” company in 2019, OpenAI retained an unusual structure that […]

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Rivian CEO RJ Scaringe is now taking over the top product role at the EV maker

November 20, 2023

Rivian founder and CEO RJ Scaringe has taken on another role within the publicly traded EV maker as chief product officer Nick Kalayjian moves out of the job and eventually into an advisory position, according to a regulatory filing and internal emails viewed by TechCrunch. Scaringe will now be responsible for all product development — […]

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Don’t expect competition authorities to wade into the Microsoft-OpenAI power-play — yet

November 20, 2023

As the tech world watches Microsoft suck in top execs and AI engineering talent from OpenAI, the generative AI giant in which it already holds a minority stake worth several billion dollars, one question to consider is what, if anything, can competition regulators do about the visible flight of AI expertise and value into Microsoft’s […]

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