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ChatGPT maker OpenAI agrees deal for ousted Sam Altman to return as chief executive | Science & Tech News
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ChatGPT maker OpenAI says it has agreed a deal for Sam Altman to return as chief executive after he was ousted by its board. The agreement “in principle” involves a new board being installed, the company said. In a post on X, OpenAI said: “We have reached an agreement in principle for Sam Altman to…
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Greg Brockman quits as president of OpenAI after departure of CEO Sam Altman | Science & Tech News
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The co-founder and president of OpenAI has walked away from the company after its chief executive was forced out. Greg Brockman told colleagues “I quit” the firm behind ChatGPT, in light of the departure of Sam Altman. Posting on X, formerly known as Twitter, he said: “I’m super proud of what we’ve all built together…
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No immediate return to OpenAI for Sam Altman as new interim CEO appointed | Business News
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A new interim chief executive has been appointed to the company behind major AI chatbot ChatGPT, as the OpenAI board said it stood by its decision to fire Sam Altman. Mr Altman, the founder of OpenAI and former CEO, was fired in a shock announcement on Friday, as the not-for-profit company board said Mr Altman…
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Sam Altman tipped to return as OpenAI boss just days after sacking | Science & Tech News
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Sam Altman, the deposed chief of tech firm OpenAI, is reportedly in talks to return less than three days after the board sacked him. Altman, one of the co-founders of OpenAI, which developed ChatGPT, was dismissed on Friday. OpenAI said the move followed a “deliberative review process by the board”, which concluded Mr Altman “was…
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Sam Altman: Sudden departure of ChatGPT guru raises major questions that should concern us all | Science & Tech News
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The chief executive of the company responsible for ChatGPT, who is widely considered the face of generative AI, has been pushed out of the firm he had helped propel to the forefront of the tech world. But for those concerned with AI safety, the focus is not as much on what Sam Altman does next…
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Sam Bankman-Fried guilty of defrauding FTX crypto customers out of billions of dollars | US News
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Sam Bankman-Fried has been found guilty of defrauding customers of his cryptocurrency exchange out of billions of dollars. The 31-year-old could be sentenced to more than 100 years in prison after stealing money from clients of FTX. A Manhattan jury convicted him on all seven counts after a month-long trial. FTX collapsed last November, shocking…
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Sam Bankman-Fried found guilty – and the crypto industry may never recover | Science & Tech News
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It took just four hours for a jury to find fallen “crypto king” Sam Bankman-Fried guilty of fraud. The 31-year-old has been convicted of stealing billions of dollars from customers of FTX, which was the world’s second-largest crypto exchange before its dramatic collapse last year. To this day, FTX users – at least 80,000 of…
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Sam Bankman-Fried: FTX boss testifies in fraud trial – after jury sent home | Business News
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Former crypto tycoon Sam Bankman-Fried has taken the stand in his fraud trial – after the jury in the case was sent home for the day. US District Judge Lewis Kaplan said he wanted to hear the 31-year-old’s evidence first, without jurors, on Thursday before deciding which portions would be admissible. The surprise move was…
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Sam Bankman-Fried: Fallen crypto king wanted to be US president, star witness Caroline Ellison tells fraud trial | Science & Tech News
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A star witness has given evidence at the trial of fallen crypto entrepreneur Sam Bankman-Fried – telling the court he directed her to commit fraud. Caroline Ellison was the CEO of Alameda Research – a hedge fund linked to the doomed FTX exchange – and used to be the one-time billionaire’s girlfriend. She told the…
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Sam Bankman-Fried trial: FTX boss stole over $10bn from customers in ’empire built on lies’, jury told | US News
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The trial of embattled crypto executive Sam Bankman-Fried has begun – with prosecutors claiming he stole more than $10bn (£8.2bn) from unsuspecting customers. Almost a year after FTX spectacularly collapsed, leaving millions of people out of pocket, a court heard that the 31-year-old’s multibillion-dollar empire was “built on lies”. Bankman-Fried has been accused of using…