Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again.
OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO.
Joining alongside him are three members, former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment president Nicole Seligman and Instacard CEO Fidji Simo — bringing OpenAI’s board to seven people.
Seligman was Sony’s VC and general counsel before rising through the ranks to CEO of Sony Corporation and president of Sony Corporation of America.
Both OpenAI CTO Mira Murati and Ilya Sutskever, a former OpenAI board member and the startup’s chief scientist, approached members of OpenAI’s previous board to express concerns about Altman’s behavior prior to his ouster last year, according to The Times.
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Although Ripple has been around since 2012, it and the XRP Ledger are doubling down on its global payments journey.
At the same time, it’s also aiming to become the go-to enterprise infrastructure provider, the company’s president, Monica Long, said on TechCrunch’s Chain Reaction podcast.
Distinct from the Ripple network and protocol, the XRP Ledger is a decentralized public ledger with an open source code base that anyone can contribute to or use, Long said.
“Foreign exchange is pretty concentrated in terms of the players who actually have enough capital to provide liquidity for those transactions,” Long said.
“And so when you have a lot of concentration, you have a lack of competitiveness for the pricing.”
I have a confession to make: I don’t usually follow the UN climate change conference proceedings until the very end.
Not because it was hosted by an oil and gas power, and not because neither President Biden nor the Pope attended.
Rather, I’ve come to view all Conferences of the Parties (COP) as lagging indicators of what needs to happen.
More recently, they’ve also become lagging indicators of what’s actually happening in the world.
Documents leaked shortly before COP28 showed that the country was planning to use the meeting to strike oil and gas deals with 15 countries.
At Lyft, the co-founders, CEO Logan Green and president John Zimmer have overseen the company’s meteoric growth. They are stepping down from their roles by mid-April in order to focus…
Elon Musk, the founder, CEO and CTO of Tesla Motors is expected to unveil the third iteration of his Master Plan during their upcoming investor day. The presentation is expected…
Osa Fisher is a highly experienced executive with expertise in the automotive industry. She joins Aurora Innovation as its president, marking the company’s official entry into the self-driving truck market.…
