CEO Financial News

OpenAI staff are reportedly not happy about their board of directors firing founder Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent a letter to the board demanding that they resign. A total of 505 out of 700 employees signed the letter, the post stated.

Learnbay, a leading professional upskilling ed-tech startup is delighted to unveil its cutting-edge Master's Degree following a high-profile collaboration with Woolf, the world's pioneering global collegiate institution. This innovative program offers two specialized tracks in Computer Science - Data Science and Data Analytics, Artificial Intelligence and Machine Learning. Additionally, a unique focus on Software Engineering will be available, setting a new standard for academic excellence in the tech domain. Highlighted below are the core specializations offered in the Master’s Degree1. Master in CS - Specializations This alliance is set to offer a Master's qualification that stands shoulder-to-shoulder with those from premier institutions in the US & Europe.

Investing.com — U.S. futures edged higher Monday, at the start of a holiday-shortened week that includes the keenly-awaited release of the minutes from the most recent Federal Reserve meeting.

Microsoft Corp. capped the weekend with one of its own: the software giant hired ousted OpenAI chief Sam Altman. The moves reshape the world of artificial intelligence given that OpenAI is behind the hugely popular ChatGPT app that took generative AI into the mainstream, and Altman was its figurehead.

₹475 - ₹500 per equity share, against the issue price of ₹340 - ₹345 per piece. Analysts noted the commendable increase in Tata Technologies IPO Grey Market Premium (GMP) despite the subdued sentiments prevailing on Dalal Street. Over the span of two days, the Tata Technologies IPO GMP surged from approximately ₹240 to ₹375, indicating a robust investor response as the public issue is set to open on November 22, 2023.

In less than 5 days, Open AI has had 3 CEOs. After...

Investing.com -- Microsoft is set to hire Sam Altman to lead a new advanced artificial intelligence research team, in a move that comes just days after the prominent AI-industry figure was ousted as CEO of OpenAI.

(Reuters) — U.S. stock index futures ticked higher on Monday after a rally in the previous week driven by bets U.S. interest rates had peaked, while Microsoft (NASDAQ:MSFT) outpaced megacap peers on news that former OpenAI head Sam Altman will join the software giant.

Investing.com -- U.S. stock futures edged higher ahead of the first day of a Thanksgiving-shortened trading week, as investors geared up for minutes from the Federal Reserve's latest meeting and earnings from AI-darling Nvidia (NASDAQ:NVDA) on Tuesday. Sam Altman is set to join Microsoft (NASDAQ:MSFT) after a dramatic weekend saw his ouster from the helm of ChatGPT-maker OpenAI. Elsewhere, Cruise boss Kyle Vogt resigns following a series of recent missteps at the robotaxi group.

Satya Nadella's message reaffirming the company's partnership with ChatGPT maker OpenAI. Nadella had announced that Microsoft was "committed" to its partnership with OpenAI, while sharing the news that former OpenAI CEO Sam Altman and co-founder Greg Brockman would be joining Microsoft to lead a new AI research team.

Worldcoin (WLD), the token of Sam Altman’s retina-scanning project of the same name, saw major volatility over the past few days as he was ousted from OpenAI and reported to be in talks to make a return before finally being replaced.

Mastercard is intensifying its efforts to identify and prevent fraud within crypto exchanges. Mastercard announced a partnership with Feedzai, a regulatory technology platform leveraging artificial intelligence to combat online money laundering and crypto scams.

Microsoft, CEO Satya Nadella has informed. “We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners," Nadella wrote on X (formerly Twitter). "We look forward to getting to know Emmett Shear and OAI's new leadership team and working with them.

₹99 for a month for Android users and ₹135 per month for iOS users. Atrangii is an OTT platform owned by film, television and web content producer Vibhu Agarwal. The ‘super app’ will be available for ₹180 for three months for Android users and Rs.225 for iOS users while the annual Android and iOS plans will cost Rs.333 and ₹369 respectively.

Reserve Bank of India (RBI) is considering a comprehensive review of its penalty system, Business Standard reported citing a senior regulatory source. The potential changes might involve increasing the penalty amounts, this could be in accordance with the size of the regulated entities, their importance to the system, and the number of repeat offences, it added.

Bajaj Finserv Asset Management has announced the launch of Bajaj Finserv Balanced Advantage Fund (BAF) – an open-ended dynamic asset allocation fund suitable for investors wanting to invest in equity and equity-related instruments, including derivatives and fixed income instruments.

The OpenAI drama is not ending anytime soon. Now, Microsoft CEO Satya Nadella has confirmed that ousted OpenAI CEO Sam Altman will be joining Microsoft. Sam Altman and Greg Brockman will be leading a new advanced AI research team, Nadella said on X (formmerly Twitter).

DSP Mutual Fund has announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), which is an open-ended scheme that offers investors an opportunity to partake in the long term structural opportunity in the banking and financial services space. 

Revfin, a leading finance solution provider and Bengaluru-based premium electric vehicle taxi service have announced a joint milestone of completing one year in operation.

OpenAI leaders Sam Altman and Greg Brockman are poised to lead a groundbreaking AI research team at Microsoft. This strategic move comes on the heels of their departure from OpenAI, a decision that the board opted not to reverse. Microsoft's CEO, Satya Nadella, has officially confirmed that Altman and Brockman will play pivotal roles in spearheading advanced AI research initiatives within the company. Nadella in a post on X said, «We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners. We look forward to getting to know Emmett Shear and OAI's new leadership team and working with them. And we’re extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team. We look forward to moving quickly to provide them with the resources needed for their success.»

Struggling pathology labs group Healius intends raising $187 million in fresh capital to help reduce the high debt levels troubling its banking syndicate after its pathology business was hit by a sharp decline in COVID-19 testing volumes.