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OPENAI EXIT ANNOUNCEMENT
Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and othersAndrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of Ope...
Big risks and rewards in upcoming IPOs at SpaceX, OpenAI, AnthropicWall Street anticipates a wave of massive IPOs, led by SpaceX, OpenAI, and Anthropic, each aiming for trillion-dollar valuations. These meg...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
AI battle heats up, OPEC fractures: Arnab Das on the two biggest market stories right nowGlobal markets face two major shifts: intense AI competition sees Anthropic challenging OpenAI's dominance, raising questions about AI's mo...
Global Market Today: Asian stocks drop at open, Brent snaps advancesAsian stocks opened lower, mirroring a tech selloff on Wall Street driven by concerns over AI investment returns ahead of key earnings. Tre...
Why are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Global markets react to Iran war, UAE exit from OPEC, and AI stock worriesWhy are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Oil prices climbed as the Iran conflict disru...
US stock market today: Why is Nasdaq crashing big today? Dow and S&P 500 slip as Nasdaq plunges over 300 points - Nvidia, AMD, Intel lead tech lossesUS stock market today: Nasdaq crashing big today as Dow Jones and S&P 500 also slip. The US stock market today shows a sharp shift. The Nas...
Brain drain at OpenAI: 3 top leaders leave in a single day—Sora ends, billions lost despite AI boomOpenAI sees three top executives leave on the same day. This follows the company's decision to close experimental projects like Sora, its A...
OpenAI B2B applications CTO Srinivas Narayanan announces exit after three yearsSrinivas Narayanan, chief technology officer of business-to-business (B2B) applications at American AI company OpenAI, announced on Saturda...
Meet Srinivas Narayanan: IIT Madras alumnus who helped scale ChatGPTSrinivas Narayanan, the Indian-origin senior executive is an alumnus of IIT Madras (Batch of 1995) and pursued Master’s programme in Comput...
OpenAI’s Kevin Weil and Sora head Bill Peebles leave companyKevin Weil, the former chief product officer who later took charge of the OpenAI for Science project, announced Friday that he’s stepping d...
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Sequoia’s new leaders raise about $7 billion for firm’s biggest betsSequoia Capital, a major venture capital firm, has secured about $7 billion for a new fund, according to a report by Bloomberg. This signif...
OpenAI acquires AI personal finance startup HiroHiro Finance, backed by VC firm Ribbit as well as General Catalyst and Restive, was founded in 2023. The startup launched its AI-based fina...
OpenAI 'Stargate' executive Peter Hoeschele exits: The InformationPeter Hoeschele, a key OpenAI executive behind the early Stargate data centre effort, has left the company, according to a report by The In...
TCS Q4 FY26: Attrition rises to 13.7%; 2,356 employees added during the quarterTCS Q4 FY26: Alongside workforce adjustments, the IT major highlighted continued investments in employee upskilling. It also unveiled wage ...
Prometheus bound: Why xAI cofounder and former OpenAI hand Kyle Kosic is heading to Jeff Bezos’ AI ventureJeff Bezos’ AI venture Project Prometheus has hired Kyle Kosic, a former OpenAI engineer and xAI cofounder, to strengthen its infrastructur...
OpenAI drops AI video tool Sora, startling Disney, sources sayThe Sora decision means the end of a blockbuster $1 billion deal between Disney and the ChatGPT maker that was announced a little more than...
Disney pulls out of OpenAI deal: What does Sora's shutdown mean for the AI video future?Disney has ended its investment deal with OpenAI. This follows OpenAI's decision to close its Sora AI video app. The studio had planned to ...