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The U.S. Department of Justice proposes a $4 billion settlement with Binance, potentially implicating founder Changpeng Zhao in a landmark case involving allegations of money laundering and sanction violations. The U.S. Department of Justice (DOJ) is reportedly in advanced stages of finalizing a significant financial settlement with Binance. This settlement, potentially
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Microsoft’s stock hit an all-time high of $378.81 on Nov. 20 on the back of a tumultuous weekend for the artificial intelligence (AI) sector involving the ousting of OpenAI CEO and co-founder Sam Altman. Not to be outdone, Nvidia’s stock also reached an all-time high of $499.60, continuing a trend
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OpenAI ousted Sam Altman as its chief last week after the board said it no longer had confidence in his ability to lead the company. Source
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OpenAI President Greg Brockman, a pivotal figure in the company’s technical achievements, resigned from the board on the same day as Altman’s dismissal. Following the untimely departure of Sam Altman, Emmett Shear, co-founder of Twitch, has been named as the interim CEO of OpenAI, according to reports. This move aims to
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The OpenAI board has been at loggerheads with Altman, thus putting the ChatGPT project in limbo as other competitive AIs like Grok from the X platform gain momentum. The initial team that founded OpenAI Inc, an American artificial intelligence (AI) research organization, has slowly been moving away and starting new competitive
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Altman and other departed OpenAI staff will join a new advanced AI research team at the software giant. Original Source
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Amid all the drama that’s unfolding at OpenAI, reports suggest that Sam Altman won’t rejoin the company, but rather lead the AI research team at Microsoft. Over the last weekend, some major drama unfolded at the artificial intelligence firm OpenAI upon the ouster of company CEO Sam Altman. However, sources familiar
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Another contract asks if Altman would be criminally charged by Nov. 30, with Yes currently trading at 1 cent. A report from Axios, citing a leaked memo, says that Altman's firing "was not made in response to malfeasance or anything related to our financial, business, safety, or security/privacy practices." Source
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Former OpenAI CEO Sam Altman together with some of his colleagues will join Microsoft to lead its AI research team. Just a couple of days ago Sam Altman made headlines as it was revealed that he was leaving OpenAI. And now Microsoft CEO Satya Nadella has made an exciting announcement related
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OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have
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