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[Whispers] AI Stability in Crisis: Financial Troubles, Inability to Pay GPU Costs, Employee Turnover

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9 months ago
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Stability AI is a British artificial intelligence company that owns the Stable Diffusion model and has recently announced a CEO change. However, a series of bad news has been circulating,...

Starbreeze Studio CEO is ousted following unsuccessful release of Payday 3 game.

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9 months ago
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The highly anticipated heist game, Payday 3, is set to be released in 2023 with mixed reviews and sales performance (average review score of 66/100, with the second installment scoring...

Restructuring the Leadership, Dismissing Staff, Streamlining Investments: Mozilla’s Bold Metaverse, Fediverse, and Privacy Strategy

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10 months ago
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Mozilla Corporation has announced a change in its CEO position. Mitchell Baker, who has held this position since 2020, will return to being the chair of the board (she was...

Cohesity Acquires Veritas’ Data Protection Business for a Consolidated Value of $7 Billion: A Paradigm Shift in Enterprise Solutions.

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11 months ago
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Cohesity, the data security management system provider, has announced the acquisition of Veritas’ data security business. The business merger is estimated to be valued at approximately $7 billion. Sanjay Poonen,...

Resignation of Sam Altman as CEO of OpenAI Amidst Board’s Doubt on Proficiency

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1 year ago
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OpenAI’s board of directors has announced that Sam Altman will step down from his position as CEO of OpenAI, as well as resign from the board. Mira Murati, the current...