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About Venture Capitalist


OpenAI to name new boss after firing co-founder

OpenAI to name new boss after firing co-founder
Nov 20,2023 3:01 am

... The firm s Venture Capitalist backers and the tech giant Microsoft - which has a $10bn stake in OpenAI - are also believed to have called for his return...

Former OpenAI boss Sam Altman boss pictured at firm's HQ amid reports of return

Former OpenAI boss Sam Altman boss pictured at firm's HQ amid reports of return
Nov 19,2023 6:51 pm

... The firm s Venture Capitalist backers and the tech giant Microsoft - which has a $10bn stake in OpenAI - have also called for his return, according to the FT...

Ukraine: The soldiers who can't leave the front line until the war is over

Ukraine: The soldiers who can't leave the front line until the war is over
Sep 26,2023 6:31 am

... " Yurii, " a twenty-something Venture Capitalist from Kyiv, is one of the talented incomers...

The US interest-rate decision the world is watching

The US interest-rate decision the world is watching
Mar 22,2023 8:50 am

... Instead they slammed on the brakes and now we have a car crash, " Venture Capitalist David Sacks wrote on Twitter in the wake of the bank failures...

Silicon Valley Bank share slump rocks financial stocks

Silicon Valley Bank share slump rocks financial stocks
Mar 10,2023 1:20 am

... One Venture Capitalist told the BBC the day s events were " wild" and " brutal"...

Skilled tech workers snapped up despite downturn

Skilled tech workers snapped up despite downturn
Dec 15,2022 9:21 pm

... But Venture Capitalist Lu Zhang views it another way...

Nancy Pelosi: Man charged with attempted kidnap and assault

Nancy Pelosi: Man charged with attempted kidnap and assault
Oct 31,2022 4:21 pm

... The Venture Capitalist - who has been married to Mrs Pelosi since 1963 - is expected to make a full recovery, her office said in a statement...

US midterms predictions: The top US Senate races to watch

US midterms predictions: The top US Senate races to watch
Oct 24,2022 12:50 am

... Republicans nominated JD Vance, 38, a Venture Capitalist who achieved widespread fame with his best-selling 2016 memoir-turned-Netflix-film " Hillbilly Elegy"...

Former OpenAI boss Sam Altman boss pictured at firm's HQ amid reports of return

Jun 18,2022 5:25 am

The ex-boss of leading Artificial Intelligence firm Openai has posted a picture of himself at its HQ, following reports he is set to return after being sacked on Friday.

In The Post on X, formerly Twitter, Sam Altman is pictured holding a guest ID pass and comments: " First and last Time I ever wear one of these".

The 38-year-old helped launch firm which created the popular ChatGPT bot.

On Friday the board dismissed Mr Altman saying it had lost confidence in him.

Reports this weekend, however, have suggested investors and employees are pushing for Mr Altman to be reinstated.

According to tech news site The Information , Mr Altman and Greg Brockman - Another co-founder who quit on Friday as The Company 's President - were invited to The Firm 's San Francisco headquarters for talks on Sunday.

The Bbc has contacted Openai for comment.

Mr Altman is seen As One of The Most influential figures in the fast-growing generative AI space and his ouster sent shockwaves across the industry.

In a letter on Friday, The Company 's board accused him of not being " consistently candid in his communications with the board, hindering its ability to exercise its responsibilities".

It is not clear what he is alleged to have not been candid about.

Reports this weekend, however, suggested Mr Altman's sacking had angered current and former employees who were worried it might affect an upcoming $86bn (£69bn; €79bn) share sale.

The Firm 's Venture Capitalist backers and the tech giant Microsoft - which has a $10bn stake in Openai - have also called for his return, according to the FT.

Openai is widely seen to be a company at its peak, with lucrative investment pouring in, and ChatGPT - which was launched almost a year Ago - is used by millions.

Mr Altman has been The Face of The Firm 's rise. More Than that, he is seen by many as The Face of the industry more widely.

He testified before a US Congress hearing to discuss the opportunities and risks created by the new technology and also appeared at The World 's first AI Safety Summit in the UK at The Beginning of November.

His ouster sparked an outpouring of support from Silicon Valley bosses, including former Google chief executive Eric Schmidt who called Mr Altman " a hero of mine" and said that he had " changed our collective world forever".

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Source of news: bbc.com

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