OpenAI’s Top Brass Exit Unrelated to Restructuring, CEO Altman Maintains

September 27, 2024 – According to a report by Reuters, OpenAI CEO Sam Altman has dismissed any correlation between the departures of three top executives and the company’s planned reorganization, stating that the board has been contemplating this restructuring for several months. Yesterday, OpenAI’s Chief Technology Officer, Mira Murati, unexpectedly announced her resignation. Within hours,…

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Anthropic, OpenAI’s Rival, Eyes $30-40 Billion Valuation in Potential Funding Round

September 24, 2024 – Reports from The Information indicate that Anthropic, a US-based AI startup, has initiated discussions with investors for a new round of funding. According to an existing investor, Anthropic’s valuation could potentially reach between 30to40 billion after this new funding round, which is approximately twice the valuation it had after completing a…

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