James Dyett, OpenAI's Head of Sales who joined during the company's rapid growth phase in 2023, announced his departure to take a new role as Operator in Residence at venture capital firm Thrive Capital. Dyett led key sales efforts including enterprise and API sales at OpenAI, which is now valued at over $850 billion. His exit follows several recent leadership changes at OpenAI, including medical leaves and role transitions among top executives. Dyett expressed enthusiasm for supporting startups at Thrive, a long-term backer of OpenAI, signaling a shift back to early-stage company building for him.
ByteDance, TikTok's parent company, is in talks to acquire AI chips from Chinese suppliers Iluvatar CoreX and Baidu, aiming to expand its AI capabilities for its Doubao chatbot. This move comes as Nvidia faces export restrictions and growing competit...
Bio Usawa, a biotech firm focused on expanding access to biologic medicines in Africa, has appointed Dr. Aida Habtezion, former Chief Medical Officer at Pfizer, to its Board of Directors. Her expertise in global medical leadership and innovation will...
Entries for the Global Sustainability Awards 2026 close on June 29, recognizing excellence in sustainability across eight categories including enterprise, innovation, and environmental impact. The awards highlight businesses and individuals driving m...
InterDigital, a leader in wireless, video, and AI technology, will present its latest innovations at the 13th FOKUS Media Web Symposium in Berlin, June 16-17, 2026. The company will demonstrate AI-enabled Pixel Value Reduction technology for energy-e...
Orange announced its intention to issue new perpetual hybrid bonds with a fixed adjustable interest rate and to launch a buyback offer for certain existing hybrid bonds. The new bonds are expected to be rated BBB-/Baa3/BBB- and traded on Euronext Par...
