FT News Briefing
Banks warm up to nuclear power
Sep 26, 2024
OpenAI's CTO departure shakes up the tech scene while major banks shift their gaze towards nuclear energy investment. They commit to boosting global nuclear capacity in response to rising demands from tech sectors. Meanwhile, Saudi Arabia sees a surge in female workforce participation as it strives for economic diversification, challenging traditional norms and paving the way for women in leadership roles. The intertwining of finance, energy, and social progress makes for a fascinating discussion.
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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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