The startup OpenAI announced early on Wednesday morning on X that Sam Altman will be returning to his role as CEO. The action was taken in response to intense pressure from the board’s investors and staff, who removed him less than a week ago. The Microsoft-backed startup OpenAI announced that Bret Taylor, a former co-CEO…
According to Microsoft CEO Satya Nadella, former OpenAI CEO Sam Altman will be joining the company to head a new advanced AI research team. On the social media site X, which was formerly known as Twitter, Nadella announced that Altman, along with other colleagues, including former OpenAI president and board chair Greg Brockman, will be…
In a consultation paper, the U.K. government confirmed its intentions to regulate the cryptocurrency market, stating that it hopes to introduce formal legislation by 2024. The government released a response to a consultation paper that contained suggestions for regulating the cryptocurrency sector and was published earlier this year. The government stated in the paper that…
Activision Blizzard’s $69 billion acquisition by Microsoft has been completed, the company announced in a regulatory filing on Friday. It’s the biggest deal Microsoft has ever made in its 48-year history, and it comes after the company allayed regulators’ concerns about competition in the U.K. and Europe and won a favorable decision from a U.S….
