Topic: executive departures
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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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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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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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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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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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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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