Sydney-based real estate firm The Property Business has been hit by the Kairos ransomware group, with 164GB of data reportedly stolen. The attack highlights the growing threat to Australia's property sector, which holds sensitive client financial and personal information.
The U.S. has charged Ukrainian national Volodymyr Tymoshchuk for his role in the LockerGoga, MegaCortex, and Nefilim ransomware attacks that targeted over 250 American companies and hundreds more worldwide. The State Department is offering a $10 million reward for information leading to his arrest.
Australia has gone all-in on quantum, betting billions on PsiQuantum’s Brisbane facility while building alliances and spin-outs from Sydney to Chicago. With defence contracts, investor momentum and Five Eyes strategy at stake, Canberra’s gamble is to lead, not follow, in the quantum race.
Leadership Transition at OpenAI with Emmett Shear's Appointment
Emmett Shear, Twitch co-founder, is now interim CEO of OpenAI after Sam Altman’s exit. Shear introduced a 30-day plan for investigation and leadership changes. Employee dissatisfaction persists, with calls for the board’s resignation and strong support for Altman.
Emmett Shear, Twitch co-founder, appointed interim CEO of OpenAI, indicating swift leadership changes following Sam Altman's departure.
Shear announces a 30-day plan for OpenAI focusing on investigation, stakeholder dialogue, and leadership overhaul amid ongoing internal unrest.
Despite leadership changes, employee dissatisfaction persists at OpenAI, with calls for the board's resignation and support for ousted CEO Altman.
Leadership Transition at OpenAI with Emmett Shear's Appointment
OpenAI, a key player in the generative artificial intelligence sector, has announced Emmett Shear, co-founder of Twitch, as its interim chief executive.
Shear's selection, coming just days after the board replaced Altman with Chief Technology Officer Mira Murati, indicates a rapid shift in leadership strategy at OpenAI.
In a public statement, Shear emphasised his commitment to the company's future:
“I took this job because I believe that OpenAI is one of the most important companies currently in existence. I want to do everything in my power to protect it and grow it further.”
Concurrently, Microsoft's CEO Satya Nadella announced the hiring of Altman and OpenAI co-founder Greg Brockman for a new AI research initiative. This move suggests potential future collaborations and shifts in the AI landscape.
Shear, in his vision for OpenAI, laid out a “three-point plan for the next 30 days”, focusing on an independent investigation into recent events, stakeholder engagement, and leadership restructuring.
Emmett Shear Post 8:01 PM · Nov 20, 2023 on “X” (Formlery Twitter)
He acknowledged the importance of OpenAI's stability and success, stating that they are too critical to be disrupted by ongoing turmoil.
Despite these leadership efforts, dissatisfaction among OpenAI employees remains palpable. Senior executive Jan Leike openly called for the board's resignation. The discontent extends to other senior figures within the company, including Mira Murati, Brad Lightcap, Jason Kwon, and Lillian Weng, alongside top researchers like Wojciech Zaremba, Alec Radford, and Bob McCrew.
The weekend preceding Shear's appointment was tumultuous for OpenAI. The board's decision to remove Altman, citing lack of candor, led to intense negotiations and ultimately Altman's move to Microsoft, joined by Greg Brockman. This series of events underscores a dynamic and challenging period for OpenAI.
In a turn of events, board member Ilya Sutskever expressed regret over the board's decision:
“I deeply regret my participation in the board’s actions. I never intended to harm OpenAI. I love everything we’ve built together and I will do everything I can to reunite the company.”
This sentiment was echoed by Altman and Brockman, highlighting a complex and evolving situation within the company.
The employee sentiment at OpenAI has been vocal, with many supporting Altman and echoing the sentiment,
“OpenAI is nothing without its people.”
This internal conflict at OpenAI reflects broader debates in the AI industry about the pace of development, ethical considerations, and the balance between innovation and regulation. OpenAI's journey from a nonprofit to a more commercially oriented entity has sparked discussions about its mission and the future direction of AI development.
Artificial Intelligence has become the new battleground of global politics. Washington and Beijing pursue Dual-Carriage Politics, blending economic ambition, military strategy, and social values. From classrooms to trade wars, AI now shapes power, society, and the fragile balance of global order.
The global AI race is no longer confined to the US and China. Emerging hubs like Abu Dhabi, Paris, Singapore, and São Paulo are transforming the landscape with bold strategies, sovereign investments, and rapid innovation, creating a multipolar future for artificial intelligence.
Nvidia’s earnings mark more than a financial milestone, testing America’s technological edge as AI chips redefine markets and geopolitics. With record revenue projected, export curbs, AMD’s rise, and government stakes, the semiconductor race extends far beyond Wall Street.
Perplexity's audacious $34.5 billion Chrome bid signals a seismic shift in Silicon Valley. When AI-native upstarts challenge trillion-dollar hyperscalers, are we witnessing technological disruption's next chapter? History shows no tech aristocracy endures forever—from IBM's fall to Google's rise.
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