Author: IQ TIMES MEDIA
OpenAI is reshuffling its leadership team. Loading audio narration… On Friday, OpenAI confirmed to Business Insider that the company’s longtime chief operating officer, Brad Lightcap, is moving into a new role focused on special projects.According to an internal memo first posted by Bloomberg and separately confirmed by OpenAI, Lightcap will report directly to CEO Sam Altman and help expand OpenAI’s enterprise software sales through partnerships with private equity firms. Denise Dresser, the company’s recently named chief revenue officer, will be taking on some of Lightcap’s responsibilities as COO.OpenAI also confirmed that two senior executives are stepping back for health reasons.…
Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands. As president of the investment bank Rainmaker Securities, which focuses solely on private securities markets and facilitates transactions in roughly 1,000 stocks, Anderson has a front-row seat to one of the most nail-bitingly large moments in the history of the secondary market. And right now, he suggests, the narrative has three main characters: Anthropic, OpenAI, and SpaceX. The upshot: the storyline is more…
WASHINGTON (AP) — When President Donald Trump signed an executive order against transgender athletes last year, he took a moment to thank Tina Descovich, co-founder and CEO of Moms for Liberty.Descovich was back at the White House a few months later, seated alongside CEOs of Google and IBM to weigh in on artificial intelligence and education policy.Last month, when first lady Melania Trump hosted a global technology summit in Washington, Descovich was there, too.Her presence at the White House underscores the meteoric rise of a group that made its name in local politics, fighting to win school board seats and…
A handful of OpenAI executives are transitioning into new roles, according to a report from Bloomberg. An OpenAI spokesperson confirmed the personnel changes to TechCrunch. CEO of AGI development Fidji Simo announced in a memo that Brad Lightcap, OpenAI’s COO, has a new job leading “special projects,” which will involve “complex deals and investments across the company.” He will report directly to CEO Sam Altman. Denise Dresser, the former Slack CEO who recently joined OpenAI as chief revenue officer, will take over some of Lightcap’s COO duties in the interim. NEW: OpenAI’s Fidji Simo announced exec changes to staff today:…
Anthropic has filed documents to create a new political action committee — a sign that, like its peers, the AI lab is committing significant resources toward influencing policy and regulation. AnthroPAC plans to make contributions to both parties during the midterms, including to current D.C. lawmakers and rising political candidates. The PAC will be funded by voluntary employee contributions capped at $5,000, Bloomberg reports. A statement of organization filed with the Federal Election Commission includes a signature by Allison Rossi, Anthropic’s treasurer. TechCrunch reached out to Anthropic for more information. AI companies, which are comrades and competitors in a new…
Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data centers — is now begetting a mad dash to secure natural gas supplies and equipment. If FOMOs could have babies, then the AI bubble is already having grandkids. Microsoft said on Tuesday that it’s working with Chevron and Engine No. 1 to build a natural…
Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data centers — is now begetting a mad dash to secure natural gas supplies and equipment. If FOMOs could have babies, then the AI bubble is already having grandkids. Microsoft said on Tuesday that it’s working with Chevron and Engine No. 1 to build a natural…
Charles Rollet has been digging into how tech companies are reorganizing around AI — especially Meta, which is leaning on AI coding tools to ship more product faster. Loading audio narration… There are signs it’s working: Meta ranks pretty high on revenue per employee, a metric Silicon Valley is increasingly focused on.Here’s my chat with Charles, edited for length and clarity:You and other tech team colleagues have written a lot lately about how generative AI and AI coding tools are changing how tech companies operate. This is especially true inside Meta. What’s the big takeaway from this research?There’s no more…
As data centers have grown and proliferated, so too has the backlash. A new Harvard/MIT poll found 40% of people supported the building of a data center in their area, with 32% opposed when asked about the building of different industrial facilities in their neighborhoods. One fun tidbit from the survey, per Axios: More people would rather have an e-commerce warehouse. Two-thirds of respondents in the 1,000-person poll conducted in November were worried that a new data center in their region would nudge electricity prices higher. Interest in jobs and economic growth helped the case for data centers, according to…
The US jobs report on Friday was surprisingly strong. That’s not the only part of the job market that’s doing better than expected. Loading audio narration… Tech job openings have rebounded sharply in 2026, challenging the popular narrative that AI is wiping out engineering roles.Data from TrueUp, a tech hiring analytics firm, shows more than 67,000 software engineering job openings, the highest level in over three years. Listings have roughly doubled since a trough in mid-2023.The most striking number for me: So far this year, the number of open roles has jumped about 30%. TrueUp tracks jobs at tech companies…