Topic: executive departures
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xAI CFO Exits Elon Musk's AI Firm in Latest Executive Departure
xAI's CFO Mike Liberatore departed after a brief tenure, continuing a pattern of high-level executive turnover at Elon Musk's AI company. During his time, Liberatore secured $5 billion in debt financing and managed infrastructure growth, with nearly half of the equity funding coming from SpaceX. ...
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Thinking Machines Lab Co-Founders Depart for OpenAI
Two co-founders of Thinking Machines Lab, including its CTO, have returned to OpenAI, posing a significant challenge to the startup's stability and direction. The talent movement highlights intense competition in the AI industry, with personnel frequently shifting between established giants and w...
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Apple's Chip Chief Could Be Next Executive to Depart
Johny Srouji, Apple's senior vice president of hardware technologies, is seriously considering leaving the company, signaling significant executive transition. Apple is experiencing a wave of high-profile executive departures, including its AI chief, policy lead, and general counsel, accelerating...
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GM's software team faces major leadership shakeup
General Motors is restructuring its software leadership by consolidating technology units under a new chief product officer, leading to the departure of three senior executives. The reorganization aims to integrate hardware, software, AI, and product development into a unified organization to str...
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Elon Musk's xAI Loses CFO in Latest Executive Departure
Elon Musk's xAI has lost its CFO Mike Liberatore, adding to a series of recent high-profile executive departures from the company. During his short tenure, Liberatore secured a $5 billion debt raise and managed infrastructure growth, with significant equity investment coming from SpaceX. The lead...
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MindsEye Launch in Jeopardy as Top Execs Resign Days Before
As noticed today by Eurogamer, Build a Rocket Boy's chief financial officer and chief legal officer have both left the company, just a week ahead of MindsEye's release. Former chief legal officer Riley Graebner, who joined Build a Rocket Boy in 2022 and also served as chief operating officer until April 2024, announced his departure from the studio in a message posted to LinkedIn. We built the legal team and legal ops infrastructure from the ground up, working to systemize and automate. Back whe...
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AI Lab Talent Revolving Door Accelerates
The AI talent market is intensely competitive, with top labs aggressively recruiting and poaching executives, researchers, and engineers from each other, highlighting the critical value of specialized expertise. Talent movement is fluid and strategic, exemplified by senior staff moving between ri...
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Hyundai's Supernal eVTOL venture stalls after leadership exodus
Hyundai's electric air taxi venture, Supernal, has paused aircraft development after significant leadership departures and staff reductions. The company is reassessing its commercial timeline under new leadership, following its first test flight and amid broader industry challenges. Hyundai inten...
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Meta's Scale AI Partnership Shows Signs of Strain
Meta's $14.3 billion investment in Scale AI is facing turbulence, including executive departures and Meta's expansion to rival data labeling vendors. Scale AI is losing major clients and pivoting to government contracts, while Meta's AI division struggles with talent retention and internal reorga...
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Apple's Top UI Designer Departs for Meta
Alan Dye, Apple's VP of Human Interface Design, is leaving to become Chief Design Officer at Meta, where he will oversee design for hardware, software, and AI integration. Apple has promoted veteran designer Steve Lemay to replace Dye, with CEO Tim Cook praising his long history of key contributi...
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xAI Taps Ex-Morgan Stanley Banker Anthony Armstrong as CFO
Elon Musk's xAI has appointed former Morgan Stanley banker Anthony Armstrong as CFO to oversee financial operations for both xAI and social media platform X after their consolidation. Armstrong's appointment fills the vacancy left by the departure of previous CFO Mike Liberatore in July and follo...
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Hyundai's Supernal Loses More Execs in Air Taxi Shake-Up
Hyundai's electric air taxi venture Supernal is undergoing a significant leadership transition, with key executives including the Chief Strategy Officer and Chief Safety Officer departing as part of a strategic reassessment. The company is pausing its core air taxi development program and has fac...
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Intel's Leadership Shift: A New Era for the Chipmaker
Intel is at a crossroads. The company is undergoing a major leadership overhaul as CEO Lip-Bu Tan reshapes its structure with new hires and a focus on engineering, aiming to reverse a period of financial struggle and market share loss to rivals. This pivotal moment could define Intel's future...
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Tony Fadell Reportedly Eyes Apple CEO Role
Recent high-level departures at Apple have sparked speculation about CEO succession, with internal candidate John Ternus often mentioned, but a new report suggests former executive Tony Fadell as a surprising potential contender. Tony Fadell, co-inventor of the iPod and Nest founder, has privatel...
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Monarch Tractor Warns of Layoffs and Potential Shutdown
Monarch Tractor has warned of potential permanent layoffs for over 100 employees and possible company shutdown, as revealed in an internal memo due to financial instability. The company, which raised $220 million in venture capital, is shifting from manufacturing autonomous tractors to focusing o...
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