Wednesday, July 26, 2023

Alphabet Q2 results: Profit beats expectations, CFO Ruth Porat to assume new role

Porat, hired in 2015, is one of Silicon Valley's most prominent female executives and oversaw tremendous growth at Alphabet. She will become chief investment officer and president starting September 1 and lead 2024 planning while her successor is sought.

from Tech-Economic Times https://ift.tt/6Pdx4Tv

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...