George Hammond

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Sunday, 3 December, 2023

News in-depthVenture capital investment
Tech funds adopt private equity strategies in race to return cash to investors
Silicon Valley venture capital firms rush to establish ‘continuation funds’
2 hours ago
Thursday, 30 November, 2023

OpenAI
Microsoft will have observer role on OpenAI’s new board
Key investor in generative AI start-up seeks to strengthen corporate governance after week of tumult
Sunday, 26 November, 2023

OpenAI
Share sale set to test financial impact of OpenAI’s leadership turmoil
Key investors bullish of hitting $86bn valuation despite company’s chaotic power struggle
Thursday, 23 November, 2023

OpenAI
How Silicon Valley reunited Sam Altman and OpenAI
With the AI start-up’s future in peril, venture capitalists mounted an extraordinary campaign to reinstate the charismatic CEO
Wednesday, 22 November, 2023

OpenAI
OpenAI says Sam Altman to return as chief executive under new board
Former Salesforce chief Bret Taylor and former US Treasury secretary Larry Summers to join as directors
Wednesday, 22 November, 2023

OpenAI
Who were the OpenAI board members that sacked Sam Altman?
Their botched decision to oust the AI start-up co-founder has led to all but one departing their role
Wednesday, 22 November, 2023

FT News Briefing podcast11 min listen
OpenAI and Sam Altman’s superpowers
Israel and Hamas agree a deal to release 50 hostages
Wednesday, 22 November, 2023

OpenAI
OpenAI directors in talks with Altman on rejoining board
Effort to unify generative artificial intelligence group follows pressure from staff and investors
Tuesday, 21 November, 2023

Tiger Global Management LLC
Scott Shleifer to step down from private equity role at Tiger Global
Executive’s decision to step back ‘based largely on geography’ after move to Florida during pandemic
Tuesday, 21 November, 2023

OpenAI
OpenAI’s future hangs in balance amid stand-off between staff and board
More than 95% of employees have threatened to quit and join Microsoft if board refuses to resign
Tuesday, 21 November, 2023

News in-depthSam Altman
The Sam Altman effect: ‘His superpower is getting people onside’
Ousted OpenAI chief inspires staff and investors as leader of the generative AI revolution
Tuesday, 21 November, 2023

OpenAI
OpenAI board faces growing revolt over Sam Altman’s ousting
Almost all employees threaten to join former chief at new Microsoft AI unit unless directors resign
Monday, 20 November, 2023

News in-depthOpenAI
‘I’ve never seen anything like this’: how OpenAI’s dramatic weekend unfolded
Internal debate about ChatGPT maker’s mission exploded into view during wild few days of corporate drama
Monday, 20 November, 2023

OpenAI
OpenAI taps former Twitch chief Emmett Shear to succeed Sam Altman
Unexpected move set to deepen rifts after board sacks artificial intelligence company’s co-founder
Sunday, 19 November, 2023

OpenAI
Altman appears at OpenAI offices as pressure grows to reinstate him
Microsoft and investors explore options to bring back CEO and oust directors behind his firing
Saturday, 18 November, 2023

OpenAI
OpenAI’s Sam Altman ousted over ‘breakdown in communication’, memo says
Co-founder’s shock firing has exposed tensions at the generative AI start-up behind ChatGPT
Saturday, 18 November, 2023

News in-depthOpenAI
OpenAI schism leads to Sam Altman’s ousting — and an opening to rivals
Sudden and dramatic departure of chief executive who had become the face of generative AI will create new tech alliances
Saturday, 18 November, 2023

OpenAI
OpenAI CEO Sam Altman pushed out after losing board’s confidence
Chief technology officer Mira Murati becomes interim chief after co-founder’s abrupt exit
Tuesday, 14 November, 2023

GIC Private Ltd
GIC chief says investors should prefer Big Tech to start-ups on AI
Singapore’s tech-focused sovereign wealth fund says established companies are seeing AI wins with existing customers
Sunday, 12 November, 2023

Venture capital investment
Investors shake up VC market by raising money to buy out start-ups
Aim is to take advantage of economic headwinds to acquire promising businesses at a discount
Tuesday, 7 November, 2023

News in-depthArtificial intelligence
‘We compete with everybody’: French AI start-up Mistral takes on Silicon Valley
Six-month-old group in funding talks that value it at between €1.5bn and €2bn amid high interest in its models
Friday, 3 November, 2023

News in-depthSam Bankman-Fried
Downfall of a crypto billionaire: the conviction of Bankman-Fried
FTX founder’s guilty verdict a ‘warning to every fraudster who thinks they’re untouchable’
Monday, 30 October, 2023

Artificial intelligence
Biden moves to compel tech groups to share AI safety test results
White House plans to use Defense Production Act to mitigate national security risks in powerful AI models
Sunday, 29 October, 2023

InterviewArtificial intelligence
Investor frenzy will overvalue AI tech start-ups, says early OpenAI backer
Many are ‘investing because everybody else is’ and most will lose money, claims Vinod Khosla
Friday, 20 October, 2023

Venture capital investment
US groups lobby to refine proposed limits on China investment
Banks, manufacturers and industry bodies warn over potential impact of Washington’s curbs on domestic innovation