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OpenAI's Fidji Simo leaves full-time role, shifts to part-time advisor due to health reasons.

Market News
09 Jul 2026
NYTimes
View Source
Bearish
pluang ai news

Fidji Simo, OpenAI's former chief executive of applications and second-in-command to CEO Sam Altman, announced she is leaving her full-time position to become a part-time advisor. She took medical leave in April to address a chronic illness and decided to focus fully on her recovery as it proved more complex than expected. Simo's departure is part of a recent trend of executive changes at OpenAI, which is preparing for a potential IPO but may delay going public for several months.

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Juneteenth Exchange in Rancho Cordova unites leaders for innovation, investment, and AI-driven economic growth.

Juneteenth Exchange in Rancho Cordova unites leaders for innovation, investment, and AI-driven economic growth.

The inaugural Juneteenth Exchange summit in Rancho Cordova gathered over 150 leaders from business, technology, and investment sectors to discuss innovation, economic opportunity, and inclusive leadership. The event highlighted the city's growing app...

Market News
Bullish
3 hours ago
Cue Biopharma raises $50M in private placement to fund clinical development and corporate purposes.

Cue Biopharma raises $50M in private placement to fund clinical development and corporate purposes.

Cue Biopharma, a clinical-stage biopharmaceutical company, announced a $50 million private placement by selling 1.4 million shares and pre-funded warrants to accredited investors at about $33.21 per share. The funding, led by Cormorant Asset Manageme...

Company Fundamentals
Bullish
4 hours ago
SKYAI crashes 92% after mid-June rally amid whale dumping and manipulation fears

SKYAI crashes 92% after mid-June rally amid whale dumping and manipulation fears

SKYAI surged 216% in mid-June from $0.151 to $0.479 but then plunged 92% due to heavy selling by large holders (whales) during price bounces, raising concerns of market manipulation. On-chain data and researchers highlight a pattern of concentrated s...

Market News
Bearish
4 hours ago
Public companies bought 110,000 Bitcoin in Q2 2026, doubling prior two quarters' total.

Public companies bought 110,000 Bitcoin in Q2 2026, doubling prior two quarters' total.

In Q2 2026, public companies purchased 110,000 Bitcoin, nearly doubling their Bitcoin acquisitions from the previous two quarters combined. Corporate treasuries now hold over 1.26 million BTC, representing more than 6% of Bitcoin's total supply. This...

Market News
Bullish
4 hours ago
Canon wins Keypoint Intelligence awards for most energy-efficient toner-based A3 and A4 printers 2026-2028

Canon wins Keypoint Intelligence awards for most energy-efficient toner-based A3 and A4 printers 2026-2028

Canon U.S.A., Inc. has been awarded the 2026-2028 Most Energy Efficient Toner-Based A3 and A4 Brand Awards by Keypoint Intelligence, recognizing its commitment to energy-conscious printer design. The awards are based on a new testing methodology eval...

Others
Bullish
4 hours ago
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