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FT News Briefing

Banks warm up to nuclear power

Sep 26, 2024
Mira Murati, the chief technology officer at OpenAI, discusses her upcoming departure and reflects on the tech industry's rapid changes. The conversation dives into major banks' newfound enthusiasm for supporting nuclear energy projects, despite previous hesitations. Murati highlights how this shift could influence investment landscapes. Additionally, the rising participation of women in Saudi Arabia's workforce is celebrated as a positive trend amid evolving economic dynamics. Expect insights on corporate mergers and the promising future of nuclear energy.
09:57

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Quick takeaways

  • OpenAI faces significant leadership challenges after Mira Murati's departure, raising concerns about the company's stability and direction in AI.
  • Saudi Arabia achieves a notable increase in female labor force participation, indicating progressive changes despite ongoing barriers to women's leadership roles.

Deep dives

Leadership Changes at OpenAI

The recent departure of Chief Technology Officer Mira Murati marks a notable shift at OpenAI, which has experienced a series of high-profile exits this year, including two of its founders. Murati's tenure of over six years included a brief role as CEO during a tumultuous period for the company. These ongoing leadership changes pose challenges for one of Silicon Valley's most valuable startups as it navigates a competitive landscape in artificial intelligence. The lack of a successor announced after Murati's departure further intensifies concerns about stability and vision within the organization.

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