ITBEAR

OpenAI Announces Sam Altman’s Return as CEO in Landmark Agreement

November 30, 2023 – OpenAI officially welcomes back Sam Altman as its Chief Executive Officer (CEO). The company announced the completion of the agreement that marks Altman’s return. Concurrently, Microsoft revealed its acquisition of a non-voting observer seat on the non-profit board governing OpenAI. In a memorandum shared with staff, Altman expressed unprecedented excitement about…

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Turmoil and Turnaround: OpenAI’s Sudden CEO Shift and Board Restructuring

November 29, 2023 – Insider sources have informed Reuters that OpenAI, currently undergoing a restructuring phase, is not expected to extend board seats to other investors such as Microsoft, Khosla Ventures, and Thrive Capital. It’s noteworthy that Microsoft stands as OpenAI’s largest supporter, having previously committed billions of dollars in investments to the company. Amidst…

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Global Workforce Impacted: Unity to Slash 3.8% of Jobs in Cost-Cutting Measure

November 29, 2023 – Unity Corporation, having faced severe criticism from developers for its recently announced pricing system, witnessed a significant decline in engine installations. The backlash resulted in the departure of the company’s CEO. Despite the subsequent release of Unity 6 engine, the company continued to grapple with a downturn in its performance. According…

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