Sam Altman’s Ouster at OpenAI Scrambles the A.I. Power Dynamic
Posted inBoards of Directors Brockman, Greg Computers and the Internet Corporate Social Responsibility Hinton, Geoffrey E internal-storyline-no Loeb, Daniel S Mayer, Marissa Microsoft Corp Murati, Mira Musk, Elon Nadella, Satya OpenAI Labs Shear, Emmett Start-ups

Sam Altman’s Ouster at OpenAI Scrambles the A.I. Power Dynamic

Big Tech is reeling from the ouster of Sam Altman at a leading A.I. start-up and his subsequent jump to Microsoft, moves that reset the power dynamic underpinning the sector.
Markets Expect Fed to Raise Rates Despite Bank Turmoil
Posted inBanking and Financial Institutions Block Inc Carlson, Tucker Colbert, Stephen Dominion Voting Systems Corp Dorsey, Jack Duolingo Federal Reserve System Federal Trade Commission First Republic Bank Fox News Channel Goldman Sachs Group Inc Herbalife Ltd Hindenburg Research Icahn Enterprises L P Icahn, Carl C Jefferies Group Inc JPMorgan Chase & Company Loeb, Daniel S McCarthy, Kevin (1965- ) Narasimhan, Laxman NVIDIA Corporation Pearson PLC Powell, Jerome H Rosensweig, Dan Schultz, Howard D Silicon Valley Bank Starbucks Corporation Trump, Donald J WACHTELL LIPTON ROSEN & KATZ Warren, Elizabeth

Markets Expect Fed to Raise Rates Despite Bank Turmoil

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.