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Tech

What the tech industry thinks of the OpenAI shakeup

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OpenAI has reached an agreement for Sam Altman to return as CEO days after his ouster.

 
It capped off frenzied discussions about the future of the startup at the center of the artificial intelligence boom.

Here’s what analysts and investors say about the agreement:

DANNI HEWSON, HEAD OF FINANCIAL ANALYSIS AT AJ BELL:

“There are still huge questions about why Altman was fired and why Microsoft had seemingly been kept in the dark about the decision. What does seem clear is that Microsoft will now play a much bigger role, that the partnership will become stronger and the two companies more integrated.”

DANIELA HATHORN, ANALYST AT CAPITAL.COM:

“The decision wasn’t much of a choice as turmoil had clouded the company since the decision to let Altman go last Friday, turning investors and employees against the board members involved in the failed coup.

“Microsoft… had openly supported Altman’s return over the weekend. Still, the tech giant now wants a seat on the new board that will need to be formed over the coming months, as it wants to avoid any further surprises.”

#featured

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News

Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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Shows

Is GenerativeAI transforming education?

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Educators today are facing an uphill battle, so what’s the solution?

Today’s educators are passionate, but they’re up against diverse classrooms and outdated teaching methods.

In this episode, Trevor Furness, Chief Revenue Officer of Octopus B-I discuss their efforts to transform education. #funding futures

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News

How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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