Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
OpenAI’s board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this week. That’s according to
Three OpenAI board members stepped down earlier this year within months of each other — yet the startup didn’t line up replacements. One of the current members, former Facebook CTO and Quo
One AI startup’s undoing is another’s opportunity. Case in point: Today, AI21 Labs, a company developing generative AI products along the lines of OpenAI’s GPT-4 and ChatGPT, closed
In interviews on CNBC and Bloomberg TV tonight, Microsoft CEO Satya Nadella made it clear that it’s possible Sam Altman, who was fired from his role as CEO at OpenAI by the AI startup’s bo
OpenAI was never quite like other generative AI startups — or other startups period, for that matter. Its governance structure is unique and what ultimately led to the abrupt ousting of CEO Sam Altm
The OpenAI saga continues. This morning, Ilya Sutskever, the AI startup’s chief scientist and board director, published a mea culpa of sorts on X (formerly Twitter). Sutskever was among those wh
LucidLink, a startup offering a platform that enables teams to work on files without having to download or sync them, today announced that it raised $75 million in a Series C round led by Brighton Par
Capping off a tumultuous weekend at OpenAI that culminated in investors — and a contingent of employees — attempting to convince the company’s board to hire back former Y Combinator
On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: it removed the company’s CEO, Sam Alt
Howdy, folks, and welcome to Week in Review (WiR), TechCrunch’s newsletter that recaps the major tech industry happenings over the past week (or so). Microsoft’s Ignite conference, where the t
In a surprising move, OpenAI today abruptly fired Sam Altman, its CEO and a member of its board of directors, and installed CTO Mira Murati as interim CEO. But who, exactly, is Mira Murati? Murati, wh
Sam Altman has been fired from OpenAI, Inc., the 501(c)(3) nonprofit that acts as the governing body for OpenAI, the AI startup behind ChatGPT, DALL-E 3, GPT-4 and other highly capable generative AI s
Like “Avengers” director Joe Russo, I’m becoming increasingly convinced that fully AI-generated movies and TV shows will be possible within our lifetimes. A host of AI unveilings ove
Copilot, Microsoft’s AI-powered chatbot experience, is heading to Windows 10 in preview Starting with Windows 10 version 22H2, which will be available soon to users participating in Microsoft
Jay Hack, an AI researcher with a background in natural language processing and computer vision, came to the realization several years ago that large language models (LLMs) — think OpenAI’
One of the more unexpected products to launch out of the Microsoft Ignite 2023 event is a tool that can create a photorealistic avatar of a person and animate that avatar saying things that the perso
Everything’s coming up Copilot — including Bing. Today at Microsoft Ignite 2023, the company renamed Bing Chat, the AI-powered chatbot it launched on Bing earlier this year, to Copilot in
Copilot, Microsoft’s brand of generative AI technologies, promises to be a big moneymaker for the company, with one analyst predicting that it could generate $10 billion in annualized revenue by
Shriyash Upadhyay and Etan Ginsberg, AI researchers from the University of Pennsylvania, are of the opinion that many large AI companies are sacrificing basic research in pursuit of developing competi
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