Sep 26, 2024
Welcome to The Hill's Technology newsletter{beacon} Technology Technology   The Big Story  OpenAI execs depart amid reports of for-profit transition Three OpenAI executives have announced their departure from the AI company amid reports the ChatGPT maker is considering restructuring into a for-profit business. © AP Photo/Peter MorganOpenAI's chief technology officer Mira Murati announced her resignation Wednesday, saying in a statement on X that “this moment feels right” to step away after six-and-half-years with the company. “I’m stepping away because I want to create the time and space to do my own exploration," she wrote.  Just hours after Murati's announcement, OpenAI's chief research officer Bob McGrew and a vice president of research, Barret Zoph, both revealed they would also be leaving the company. McGrew, who is leaving OpenAI after eight years, said in a statement posted to X that it was “time for me to take a break.”  “The last eight years of OpenAI has been a humbling and awe-inspiring journey,” he said. “The small non-profit I joined in January 2017 has become the most important research and deployment company in the world.”   Zoph also explained his “difficult decision” to leave the AI company in a post on X, describing the current moment as “a natural point for me to explore new opportunities outside of OpenAI.”  “This is a personal decision based on how I want to evolve the next phase of my career,” he wrote. “OpenAI is doing and will continue to do incredible work and I am very optimistic about the future trajectory of the company and will be rooting everybody on.”   OpenAI CEO Sam Altman said in a post of his own Wednesday night that the three company leaders had made their decisions to leave “independently of each other and amicably.”   “[T]he timing of Mira’s decision was such that it made sense to now do this all at once, so that we can work together for a smooth handover to the next generation of leadership,” he said. “I am extremely grateful to all of them for their contributions.”   The latest departures follow a string of resignations from OpenAI earlier this year. Co-founder Ilya Sutskever and machine learning researcher Jan Leike both left the company in May, while co-founder John Schulman resigned last month.   The turnover at the top of the company also comes as OpenAI is reportedly considering restructuring to become a for-profit business.  As part of the restructuring, the company would become a public benefit corporation, a for-profit entity aimed at bettering society and would no longer be controlled by its nonprofit board, Reuters first reported Wednesday.   Read more in a full report at TheHill.com.  Welcome to The Hill’s Technology newsletter, I'm Julia Shapero — tracking the latest moves from Capitol Hill to Silicon Valley.   Did someone forward you this newsletter? Subscribe here.   Essential Reads  How policy will be impacting the tech sector now and in the future:  Journalist booted from X after publishing hacked Vance documentIndependent journalist Ken Klippenstein was suspended Thursday from the social platform X after sharing materials about Sen. JD Vance (R-Ohio) that were allegedly obtained in an Iranian hack on former President Trump’s campaign.  Klippenstein published the 271-page report compiled by the Trump campaign to vet Vance, now the Republican nominee’s running mate, on his Substack.  An X spokesperson said in a statement …  Full Story  US sanctions cryptocurrency exchange network accused of aiding RussiaThe U.S. government on Thursday charged two Russian nationals and sanctioned a virtual currency exchange in an effort to crack down on transnational cybercrime involving cryptocurrency. The departments of Justice, State and Treasury announced the coordinated effort against Russian nationals Timur Shakhmametov and Sergey Ivanov as well Cryptex, a virtual currency exchange accused of servicing Russia-based cyber criminals. The …  Full Story  Environmentalists hate a fast-moving chips bill. Biden looks poised to sign it. Environmentalists are pushing President Biden to veto a bill that would weaken federal scrutiny of semiconductor manufacturing. But Biden is reportedly set to sign the legislation, which has moved quickly through both the House and Senate and has support from lawmakers in key swing seats. The bill would exempt semiconductor manufacturing facilities that receive federal funding from environmental reviews. …  Full Story   The Refresh  News we've flagged from the intersection of tech and other topics: X asks Brazil's Supreme Court to lift ban The social platform X has asked Brazil's Supreme Court to allow it to resume service in the country after submitting proof it complied with court orders to name a new representative and take down several accounts, Reuters reported.  DOJ opens probe into Super Micro  The Justice Department has opened an investigation into Super Micro Computer, after short-seller Hindenburg Research released a report last month featuring accusations from a former employee of accounting violations, The Wall Street Journal reported.   What Others are Reading  Two key stories on The Hill right now: North Carolina removes 747,000 from voter rolls, citing ineligibility North Carolina’s State Board of Elections has removed 747,000 people from its list of registered voters within the last 20 months, officials announced … Read more Trump says he’s meeting with Zelensky on Friday Former President Trump said Thursday he would be meeting with Ukrainian President Volodymyr Zelensky, a move that came after the former president had … Read more  You're all caught up. See you tomorrow!  Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct to your inbox. Sign up for the Technology newsletter Subscribe
Respond, make new discussions, see other discussions and customize your news...

To add this website to your home screen:

1. Tap tutorialsPoint

2. Select 'Add to Home screen' or 'Install app'.

3. Follow the on-scrren instructions.

Feedback
FAQ
Privacy Policy
Terms of Service