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ORLANDO, Fla. (AP) — Disney this week requested a second delay in a state court case involving its legal battle with Gov. Ron DeSantis' appointees over who controls Walt Disney World's governing district, as the company accused them and the governor's office of stonewalling requests for documents that are part of the litigation. Political Cartoons View All 253 ImagesDisney, DeSantis and the district have taken their fight over who controls the district to state and federal courts. The district said in court papers that it had provided the appropriate documents. Earlier this month the Republican Party of Florida ousted Christian Ziegler as chairman of the state party.

Persons: Ron DeSantis, Walt, DeSantis, ” Erin O'Donnell, Disney, hasn't, hadn't, Nick Meros, Bridget Ziegler, Christian Ziegler, “ It’s, ” O'Donnell, Mike Schneider Organizations: Disney, Gov, Walt Disney, GOP, Florida Legislature, Central, Liberty, Republican Party of Florida Locations: ORLANDO, Fla, Florida, Central Florida, Sarasota

☆ Netflix earnings: Will the streaming service continue to make profit into 2024?
▼ + stars: | 2024-01-23 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Netflix, which is in a quiet period ahead of earnings, declined CNN’s request for comment. In November, Netflix aired its first-ever live sports event, and its third-ever foray into live programming, called “The Netflix Cup,” a crossover competition between Formula 1 drivers and professional golfers. “We are investing heavily in increasing our live capabilities,” Netflix’s co-CEO Ted Sarandos said on the company’s earnings call in October. Next, Netflix plans to experiment with a new type of live programming: award shows. But even before the announcement, the number of shows and original programming Netflix churned out had already hit its peak, according to data analyzed by MoffettNathanson.

Persons: ’ ”, Jessica Reif Ehrlich, Reed Hastings, Amy Reinhard, Netflix’s, Reif Ehrlich, Philip Pacheco, ” Netflix’s, Ted Sarandos, Greg Peters, ” Peters, Matthew Harrigan, ”, Scott Stuber, Max, Peacock, MoffettNathanson, Harrigan, ” Harrigan Organizations: Los Angeles CNN, Netflix, Warner Bros, Bank of America, Guild of America, Netflix Inc, Bloomberg, Getty, Formula, Theft, Amazon, Hulu, Disney, Paramount Locations: Hollywood, FactSet

(AP) — Even John Harbaugh isn't sure what to expect from Dalvin Cook this weekend. Harbaugh says the running back will be an option Saturday when the Ravens play their postseason opener against the Houston Texans. And Gus Edwards ran for 810 yards and 13 touchdowns for the Ravens during the regular season. The Ravens waived Melvin Gordon III and signed Cook from the practice squad to the active roster. I’m ready to give it all I have — everything I have in the tank,” Cook said.

Persons: OWINGS MILLS, John Harbaugh isn't, Dalvin Cook, “, ” Harbaugh, ” Cook, Baltimore's, Harbaugh, Lamar Jackson, there's, Dobbins, Achilles, Keaton Mitchell, Gus Edwards, He's, Mitchell, Hill, Cook, Melvin Gordon III, “ I’m, SportRadar, Michael Bennett, Ben Tate, he'd, Le'Veon Bell, Tate, Gus, You've, they’ll, ” Organizations: New York Jets, Ravens, Houston Texans, NFL, Tampa Bay, Indianapolis, Cleveland, Star, Steelers, Baltimore, Pittsburgh Locations: Md, Baltimore, J.K, San Diego, Pittsburgh, Minnesota, New, Dalvin

☆ Amazon names logistics head as new AWS CFO
▼ + stars: | 2024-01-18 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon said Thursday John Felton, the company's top logistics executive, will take over as chief financial officer of its AWS cloud computing unit. In a blog post, Doug Herrington, Amazon's worldwide retail chief, said Felton would take on a new role as senior vice president and Amazon Web Services CFO. Udit Madan, Amazon's vice president of transportation, will replace Felton. Felton has been with Amazon for nearly two decades, most recently serving as the head of its worldwide operations division. Felton will replace AWS' current CFO Richard Puccio.

Persons: John Felton, Doug Herrington, Felton, Udit Madan, Andy Jassy's, I'm, Richard Puccio, Puccio, shakeup Organizations: Amazon, Amazon Web, AWS, Street, CNBC Locations: He's

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ Heading to Davos, here's what was overheard on connecting trains from Zurich to the World Economic Forum
▼ + stars: | 2024-01-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

The small Swiss Alpine town is again playing host to the World Economic Forum (WEF), where the world's top brass in finance and politics convene each year to try to solve the biggest problems that plague our planet. But the long and winding road to Davos offers another lesser-known benefit, which makes the lengthier commute well worth the while. Here's what was overheard on the connecting trains from Zurich Airport to Davos Platz. OpenAI's media representative declined CNBC's request to interview Altman in Davos, citing a "tight" schedule. One Davos attendee noted their company was in the IP space and had just raised this summer, because "the rights issue is so complicated."

Persons: MacKenzie, OpenAI, Sam Altman, Davos MacKenzie Sigalos, Altman, Marc Benioff, Albert Bourla, reminisced, Sting Organizations: Volvo, Economic, Zurich Airport, Davos Platz, Swiss National Railway, Microsoft, Pfizer, The New York Times, Switzerland Cantonal Police, Disney, Landquart Locations: DAVOS, Switzerland, Manhattan, Scalettastrasse, Davos, Swiss, Zürich, Zurich, Zürich Hauptbahnhof, Saudi Arabia, Grisons, Brazil

☆ Travel news: Inside the world’s best, and sexiest, hotels for 2024
▼ + stars: | 2024-01-13 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. To calm our nerves, here are some happier tales of globe-spanning love stories, China’s search for a Monkey King and the sexiest new hotels opening in 2024. Here are 24 outrageously sexy new hotels we’re excited about this year, including spots in Italy, Japan and Transylvania. Passalacqua, a luxury hotel on Lake Como, was voted the best hotel in the world at the inaugural World’s 50 Best Hotels awards at the end of last year. Hail the Monkey KingAn employee dressed up as Monkey King at Wuzhishan Scenic Area in the northern Chinese province of Hebei.

Persons: CNN — It’s, —, Angela Renda, Denise Sung, Sebastian, German Sebastian Fuchs, Courtney, Justin Orgias, Covid, It’s, King, There’s Organizations: CNN, Boeing, Resorts, Warner Bros, Pan American World Airways, Shangyou, American Airlines, US Locations: Slovenian, Italy, Japan, Transylvania, Lake Como, London, Taiwan, German, Hong Kong, Chinese, Hebei, Jinjinghouge, Texas

☆ The world’s most powerful passports for 2024
▼ + stars: | 2024-01-10 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

CNN —In a big shakeup of a quarterly ranking of the world’s most powerful passports, an unprecedented six countries are tied in the top spot for the hottest travel documents for 2024. The United States and Canada, meanwhile, are tied in seventh place, along with Hungary, with visa-free access to 188 destinations. “The average number of destinations travelers are able to access visa-free has nearly doubled from 58 in 2006 to 111 in 2024,” says Kaelin. Portugal is at No.4 on the Henley Passport Index and Arton Capital's Passport Index. Arton’s Global Passport Power Rank 2024 puts the United Arab Emirates in the top spot, with a visa-free/visa-on-arrival score of 180.

Persons: Christian, Kaelin, ”, Tamas Gabor, iStockphoto, It’s, Arton Capital’s, Armand Arton, that’s, Arton Organizations: CNN, Henley & Partners, International Air Transport Association, South Korea, United, United Arab Emirates, Henley, United Nations Locations: France, Germany, Italy, Japan, Singapore, Spain, London, Europe, Finland, Sweden, –, Austria, Denmark, Ireland, Netherlands, Belgium, Luxembourg, Norway, Portugal, United Kingdom, Greece, Malta, Switzerland, Australia, New Zealand, Czechia, Poland, United States, Canada, Hungary, United Arab, Afghanistan, Syria, Iraq, Pakistan, Taiwan, Macao, Hong Kong, Kosovo, Palestinian, Territories, Monaco, Albania, South Korea, Czech Republic , New Zealand, Estonia, Lithuania, Latvia, Slovakia, Slovenia, Iceland

☆ How Sam Altman's OpenAI drama highlighted the debate splitting Silicon Valley: Are you an e/acc or decel?
▼ + stars: | 2023-12-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewSam Altman's brief ousting as OpenAI CEO didn't just thrust the company further into the global spotlight amid reported personality clashes. It's also highlighted a bigger ethical debate in Silicon Valley: how fast companies should move when pushing out AI technology. Broadly speaking, the debate lies in whether you think that moving full-speed ahead on AI technology will save the world or you think the industry needs to slow down. One key Silicon Valley backer of the idea is veteran venture capitalist Marc Andreessen . His advice to Silicon Valley: "I would encourage any watchers of the industry to not get stuck in a divisive set of rhetoric."

Persons: —, Sam Altman's, didn't, It's, Altman, he's, you've, Marc Andreessen, Elon Musk, Peter Thiel, Sam Bankman, Helen Toner, Tasha McCauley, Toner, McCauley, Altman's, EAs —, Sriram Krishnan, Andreessen Horowitz, — Sriram Krishnan, Gaurab Bansal Organizations: Service, Business, acc, EA, Elon, Wall Street Journal, EAs, Labs, US Department of Commerce, Innovation Labs Locations: Silicon Valley, Silicon

☆ Internal Microsoft email shows a shakeup in Charlie Bell's security organization
▼ + stars: | 2023-12-05 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Microsoft named a new chief information security officer, according to an internal email. Igor Tsyganskiy, Bridgewater's former chief technology officer, will take on the role Jan. 1. The move suggests Microsoft and Bell want to shake up the CISO role and strategy, one insider said. Microsoft's security boss Charlie Bell, in an internal email to employees Tuesday, named a new chief information security officer and announced new roles for the current CISO and deputy CISO, the latter of which will be leaving the organization. Igor Tsyganskiy, the former Bridgewater chief technology officer who recently joined Microsoft, will become the company's new CISO on January 1.

Persons: Igor Tsyganskiy, Bell, Charlie Bell, CISO Organizations: Microsoft, Bridgewater, Security, Business

☆ Wall Street underscores why we're in Apple and Microsoft for the long haul
▼ + stars: | 2023-12-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

A new batch of Wall Street commentary on Monday highlights exactly why we're bullish on mega cap tech stocks Apple (AAPL) and Microsoft (MSFT). AAPL YTD mountain Apple (AAPL) year-to-date performance New data from UBS indicated that Apple continues to grab market share in India. That's one of many reasons why the Club continues to reiterate an "own it, don't trade it" stance on Apple stock. Microsoft also confirmed that the company has had consistent access and rights to all of OpenAI's intellectual property and technology. Microsoft stock, up over 53% year-to-date, was trading 1.49% lower Monday, at $368.09.

Persons: OpenAI, Apple, Tim Cook, We're, –, Sam Altman, Altman, Piper Sandler, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Apple, Microsoft, UBS, Analysts, CNBC, Counterpoint Research, –, Huawei, U.S, Traders, New York Stock Exchange Locations: India, U.S, China, Europe, OpenAI, New York City

☆ On ChatGPT's one-year anniversary, it has more than 1.7 billion users—here's what it may do next
▼ + stars: | 2023-11-30 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

Nov. 30 marks ChatGPT's one-year anniversary, and quite a lot has changed since the popular AI chatbot debuted. As the ways people utilize the AI chatbot have changed, the technology itself has evolved too. Now, users are able to subscribe to ChatGPT Plus, which provides access to OpenAI's most up-to-date AI chatbot, ChatGPT-4. In February, Google announced its own AI chatbot called Bard. In November, Amazon unveiled its AI chatbot, Q.

Persons: chatbot, OpenAI, Greg Brockman, ChatGPT, Sam Altman, Altman, It's, What's Organizations: UBS, Microsoft, Google, YouTube, Amazon Locations: Brooklyn, New York, ChatGPT

Struggling to energize his campaign, DeSantis this week privately encouraged his donor network to support a newly formed super PAC that's taking over advertising responsibilities. The super PAC has also paid for the bulk of his TV ads and almost all of his organizing. On Aug. 8, the DeSantis campaign announced a staff shakeup, replacing its campaign manager and hiring Polyansky from the super PAC to serve as deputy campaign manager. Polyansky is an Iowa campaign veteran who has worked on several presidential campaigns in the state. DeSantis spokesman Andrew Romeo said it was “totally false” to assert that DeSantis coordinated any campaign strategy with the super PAC.

Persons: scrappy, Koch, Trump, “, ”, Bob Vander Plaats, DeSantis, Jasper County —, David Polyansky, Polyansky, Andrew Romeo, James Uthmeier, Right's, Donald Trump, Nikki Haley, Ron DeSantis, ” Uthmeier, ” Haley, Haley, Nachama Soloveichik, Emily Seidel, Drew Klein, ___ Peoples Organizations: DeSantis, Republican, Supreme, GOP, PAC, The Associated Press, “, Iowa Caucus, WIN, ”, Trump, Haley, SFA Fund, Haley SFA, Prosperity, ___ Locations: Iowa, U.S, Jasper, Washington, ” Ports, New Hampshire, South Carolina, New York, Meredith , New Hampshire

☆ Salesforce CEO lauds data cloud business, says new customers drove the quarter's success
▼ + stars: | 2023-11-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Salesforce CEO Marc Benioff told CNBC's Jim Cramer what contributed to his company's better-than-expected Wednesday earnings report, highlighting his cloud data business and artificial intelligence product Einstein GPT. Benioff said Salesforce added a thousand new Data Cloud customers over the quarter and called that business "the cherry at the top of the cake." The company's Data Cloud revenue was up 22% from the previous year. For your enterprise, you have to get your data together, and that's why Salesforce Data Cloud is so important, and it's why we did those thousand Data Cloud deals in the quarter." The company's revenue increased 11% from the previous year, jumping from $7.84 billion to $8.72 billion.

Persons: Marc Benioff, CNBC's Jim Cramer, Einstein, Benioff, Salesforce, threating Organizations: LSEG

☆ Marvel movies will be Bob Iger’s Disney priority after the cinematic universe suffered recent box office fails
▼ + stars: | 2023-11-29 | by ( Liam Reilly | Jon Passantino | ) edition.cnn.com time to read: +4 min

“Quality needs attention to deliver quality, it doesn’t happen by accident,” Iger said. Iger, speaking in a wide-ranging interview with Andrew Ross Sorkin at The New York Times’ annual DealBook summit, acknowledged that Disney had “diluted” the caliber of films produced by Marvel. The company, he added, had “made too many” film sequels that had not been well received by audiences or critics. Francis deSouza, the former CEO of Illumina — a biotech company — said he would not seek re-election to the board. In a statement, Mark Parker, the chairman of Disney’s board, praised Gorman’s succession planning abilities at Morgan Stanley.

Persons: CNN —, Bob Iger, ” Iger, ” “, Andrew Ross Sorkin, “, we’ve, ”, Iger, Bob Chapek, you’ve, Morgan Stanley, James Gorman, Sky Jeremy Darroch, Francis deSouza, Illumina, —, Mark Parker, Ted Pick, Gorman, James, Morgan Stanley’s, ” Parker, Samantha Delouya Organizations: CNN, CNN — Disney, Marvel Studios, Marvel, The New York Times, Disney, Sky, “

☆ OpenAI doesn't plan to offer Microsoft or other outside investors a board seat: reports
▼ + stars: | 2023-11-29 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

OpenAI doesn't plan to give board seats to investors like Microsoft, per Reuters and The Information. AdvertisementSome of OpenAI's biggest backers are unlikely to gain board seats even after the company's management shakeup, Reuters and The Information reported on Tuesday. OpenAI's new board is not planning to offer board seats to outside investors, such as Microsoft, Thrive Capital, and Khosla Ventures, Reuters reported, citing a source familiar with the matter. AdvertisementOpenAI cofounder and CEO Sam Altman was fired by his company's board on November 17, before staging a dramatic comeback five days later. OpenAI, Microsoft, Thrive Capital, and Khosla Ventures did not immediately respond to requests for comment from Business Insider, sent outside regular business hours.

Persons: OpenAI, Satya Nadella, —, shakeup, Thomas Hayes, Sam Altman, Altman's, Larry Summers, Bret Taylor, Adam D'Angelo, Altman, Nadella, Kara Swisher, Swisher Organizations: Microsoft, Reuters, Service, OpenAI's, The, Khosla Ventures, Hill Capital, Business Locations: OpenAI

☆ Elon Musk apologizes for antisemitic tweet but tells advertisers ‘go f**k yourself’
▼ + stars: | 2023-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this month, apologized Wednesday for what he called his “dumbest” ever social media post. “I don’t want them to advertise,” he said at the New York Times DealBook Summit in New York. Musk made the remarks as the X CEO, Linda Yaccarino, sat in the audience. In a meandering conversation that lasted well over an hour, Musk also said he has no problem being hated. I’d love to help.”But in a separate conversation at the DealBook Summit, Herzog appeared uncertain that Musk would remain consistant in his messaging.

Persons: New York CNN — Elon, dumbest, ”, Bob, Bob Iger, Musk, Linda Yaccarino, Yaccarino, “, Elon Musk, it’s, White supremacists, I’ve, ” Musk, Benjamin Netanyahu, Isaac Herzog, Israel “ wasn’t, he’s, Netanyahu, Herzog, Sam Altman, Altman, “ I’m, OpenAI Organizations: New, New York CNN, New York Times DealBook, Disney, Elon, CNN, Paramount, Comcast, Lionsgate, Warner Bros, Israeli Locations: New York, Israel, Gaza, OpenAI

☆ China's Alibaba shakes up cloud unit management after scrapping the division's IPO
▼ + stars: | 2023-11-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Alibaba will put a bigger emphasis on three business units within the cloud space — public cloud, hybrid cloud and cloud infrastructure. Weiguang Liu will lead the public cloud division, a person familiar with the matter who was not authorized to speak publicly on it told CNBC, while Jin Li will lead the hybrid cloud unit. Daniel Zhang stepped down from the CEO role in September, then quit as the head of the cloud business weeks later. "The cloud intelligence group will resolutely implement a strategy of driving growth with AI and of prioritizing public cloud. "In the future, incremental demand for cloud computing will be driven by demand for AI, and most AI computing will run in the cloud."

Persons: Alibaba, Weiguang Liu, Jin Li, Eddie Wu, Jiangwei Jiang, Jingren Zhou, Daniel Zhang, Wu Organizations: CNBC Locations: China

☆ Shakeup at LVMH as Antoine Arnault, Bernard Arnault's oldest son, steps down as the CEO of luxury shoe-maker Berluti
▼ + stars: | 2023-11-24 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

The eldest son of LVMH CEO Bernard Arnault will be stepping down as the CEO of Berluti. Bernard Arnault is the world's third-richest man, and all five of his children work for LVMH brands. AdvertisementAntoine Arnault, the eldest son of LVMH CEO Bernard Arnault, will be stepping down as the CEO of Berluti, a luxury shoe brand under the LVMH umbrella. Bernard Arnault's eldest and only daughter, Delphine Arnault, became the CEO and chairperson of Christian Dior in February. In an interview with the New York Times in September, Bernard Arnault expressed his disdain for comparisons drawn between his family and HBO's hit show "Succession."

Persons: Bernard Arnault, Arnault, —, Antoine Arnault, Bernard Arnault's, Delphine Arnault, Christian Dior, HBO's, Arnault —, Elon Musk, Jeff Bezos Organizations: Service, Bloomberg, New York Times, Times, Wall Street Locations: LVMH, Paris

☆ How Meta could benefit from the OpenAI shakeup
▼ + stars: | 2023-11-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

It could help Meta boost its open-source Llama AI initiatives, as some companies look to diversify away from relying on a single company's large language model. Its AI research team is considered, with Alphabet's DeepMind, one of the most esteemed groups in the tech industry. Yann LeCun, Meta's AI chief, responded to the post with a curt "Yup." Meta could benefit if companies continue to seek multiple AI vendors, much like firms now rely on multiple cloud providers. The more developers access and improve Llama, the more Meta can potentially lower its overall operating and technology research costs, among other benefits.

Persons: Mark Zuckerberg, Sam Altman's, There's, Satya Nadella, Altman, Nadella, Zuckerberg, Meta, Alphabet's DeepMind, MSFT, Yann LeCun, curt, Yup, Sam Altman Organizations: Microsoft, Meta, Technologists, Twitter, CNBC

☆ After closed door OpenAI drama, open source AI backed by Nvidia, Eric Schmidt, could emerge winner
▼ + stars: | 2023-11-22 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +5 min

The Hugging Face website on a laptop arranged in New York, US, on Thursday, Aug. 17, 2023. "We should encourage all companies to build on disruption-proof AI technology that only open source can offer." To be clear, big bets made on open source AI pre-date last Friday when news first broke of Sam Altman's removal as OpenAI CEO, and those bets include an open source AI model controlled by one dominant tech company, Meta Platforms ' Llama. Open source and AI governanceFormer Google CEO Eric Schmidt is behind Mistral AI, another open source rival to OpenAI's ChatGPT. A third open source AI startup, Poolside AI, recently pulled in $126 million co-led by French telecom and internet billionaire Xavier Niel and U.S. VC firm Felicis Ventures.

Persons: Gabby Jones, Eric Schmidt, Sam Altman, Microsoft —, Mike Gualtieri, Forrester, Marc Benioff, Delip Rao, Sam Altman's, Thomas Wolf, We've, Wolf, Linus Torvalds, Paul Drews, OpenAI's, Arthur Mensch, Mistral, Xavier Niel Organizations: Nvidia, Bloomberg, Getty Images Tech, Salesforce, Qualcomm, Microsoft, Twitter, Google, Meta, IBM, Intel, Sequoia Capital, Salesforce Ventures, Mistral, alums, Lightspeed Venture Partners, French, . VC, Felicis Ventures Locations: New York, France

☆ Larry Summers and Bret Taylor are joining OpenAI's board as Sam Altman returns
▼ + stars: | 2023-11-22 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +5 min

Sam Altman is set to return to OpenAI, with a new board in place, the company announced Wednesday. Former board members Ilya Sutskever, Helen Toner, and Tasha McCauley are out. AdvertisementSam Altman is set to return to OpenAI with a new board that includes Bret Taylor, Larry Summers, and Adam D'Angelo, the company announced in an X post Wednesday. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. — OpenAI (@OpenAI) November 22, 2023The shakeup sees the departure of former board members Ilya Sutskever, Helen Toner, and Tasha McCauley.

Persons: Sam Altman, Larry Summers, Bret Taylor, Adam D'Angelo, Ilya Sutskever, Helen Toner, Tasha McCauley, —, OpenAI, Greg Brockman, Altman, they've, Bret Taylor Taylor, Taylor, Clay Bavor, who'd, Larry Summers Larry Summers, He's, @LaurenceParisot, aLKph9WEla — Lawrence H, Summers, Adam D'Angelo D'Angelo, D'Angelo, Kara Swisher, Emmett Shear, Quora, Poe Organizations: Service, Microsoft, Google, Facebook, Twitter, Elon, Google Labs, LinkedIn, Harvard, Bloomberg, GZERO Media Locations: Salesforce, Paris

☆ Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop
▼ + stars: | 2023-11-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Jack Ma, founder and executive chairman of Alibaba Group in Shanghai China on Dec. 5th, 2017. Alibaba's regulatory filings last week revealed Ma is looking to sell 10 million shares at a value of around $870 million. Alibaba founder Jack Ma held off on plans to trim his stake in the Chinese e-commerce giant after the share price fell. However, the plans to sell shares were made in August and coincidentally were made public on Nov. 16, Jiang said. The Alibaba founder has dedicated his time to teaching and research in areas such as agricultural science.

Persons: Jack Ma, Ma, Jane Jiang, Jiang, Alibaba Organizations: Alibaba Group, CNBC, Alibaba's, Beijing Locations: Shanghai China, Alibaba's U.S

☆ With OpenAI's future in limbo, its startup customers are looking to jump ship to other AI models offered by rivals Anthropic and Meta
▼ + stars: | 2023-11-21 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +4 min

With Sam Altman's potential return to OpenAI still in question, one group is also left with a lot of uncertainty: OpenAI's startup customers. Those apprehensions were further worsened Monday, when over 700 of OpenAI's employees threatened to resign if he wasn't reinstated. This story is available exclusively to Business Insider subscribers. Several startup founders told Business Insider that they were considering switching to an open source model like Meta's Llama 2, or Anthropic's Claude. Still, several customers like Takeoff AI founder McKay Wrigley are switching to Microsoft's Azure service, which sells copies of OpenAI's models and other models.

Persons: Sam Altman's, OpenAI, Altman, wasn't, Claude, James Blackwell, McKay Wrigley, Sam Altman, Greg Brockman, Morgan Stanley, Wrigley, Charlie Dolan, he's, Anthropic, Guillermo Rauch, Matt McIlwain, We've, McIlwain, Alistair Barr Organizations: Business, Google, Services, Microsoft, OpenAI, Bank Locations: Anthropic

The ad industry is in the midst of a major shakeup. This year, generative AI emerged as a tool that could potentially take advertising work to new heights , even as some staffers fear they could be replaced . This story is available exclusively to Business Insider subscribers. This is the sixth year Business Insider is recognizing rising changemakers within ad agencies. Scroll down to see 30 rising stars of Madison Avenue, listed alphabetically.

Organizations: Google, Business, Madison

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