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OpenAI says Sam Altman exits as CEO after board loses confidence

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CNBC's Steve Kovach joins 'Closing Bell' to report on OpenAI’s board of directors saying Sam Altman will step down as CEO and will be replaced by chief technology officer Mira Murati. Closing Bell,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money tips,financial news,stock market … [Read more...]

Microsoft ‘decided the reward was worth the risk’ by hiring Sam Altman, says Axios’ Dan Primack

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Dan Primack, Axios business editor, joins 'Squawk Box' to discuss shake-up at OpenAI,  after CEO Sam Altman was removed from his role by the company's board and subsequently hired by Microsoft, what it means of the A.I. and tech community at large, and more. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world … [Read more...]

Microsoft has the resources for Sam Altman to do the kinds of things he wants to do, says Kate Clark

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Kate Clark, The Information deputy bureau chief, joins 'Squawk Box' to discuss the turmoil at OpenAI, after hundreds of OpenAI employees have reportedly signed a letter demanding the board resign or face an employee exodus to Sam Altman’s new venture at Microsoft. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us … [Read more...]

FTX still has $1 billion to deploy, says CEO Sam Bankman-Fried

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FTX CEO Sam Bankman-Fried went from buying his first bitcoin to becoming a multibillionaire in just the past five years. CNBC's Kate Rooney joins 'Squawk Box' to report on Bankman-Fried's rise to the top of the crypto industry. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance … [Read more...]

FTX sues Sam Bankman-Fried’s parents to claw back alleged misappropriated funds: CNBC Crypto World

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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Sacha Ghebali, director of strategy and business development for The Tie, weighs in on recent crypto … [Read more...]