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Altman's challenge accepted: Freshworks CEO on making AI in India
Money Control
·
1y ago
Medial
Freshworks CEO Girish Mathrubootham, while launching entrepreneurship support program 'Together AI Studio', said, "I think we can surely say OpenAI CEO Sam Altman's challenge is accepted." The fund will invest between $500,000 to $5 million in startups, depending on their business' stage. "Building AI is a possibility from India and new-age startups in AI...are very promising," Mathrubootham said.
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Sam Altman faces backlash as old video resurfaces amid DeepSeek’s rise
Economic Times
·
7m ago
Medial
OpenAI founder Sam Altman faces backlash over an old video where he deemed building a competitive AI model on a $10 million budget as hopeless. Recorded in June 2023, Altman's remarks are now scrutinized amid the rise of Chinese AI startup DeepSeek, which has gained attention with cost-efficient technology. DeepSeek's chatbot leads as the top-rated free app on Apple's US App Store, challenging Altman's notion. Tech Mahindra’s former CEO publicly accepted this competitive challenge.
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OpenAI board approached Anthropic CEO Dario Amodei about top job and merger, he denied
Economic Times
·
1y ago
Medial
OpenAI's board approached Anthropic's CEO, Dario Amodei, about replacing ousted CEO Sam Altman and discussed a potential merger, sources say. Amodei declined both offers. After Altman's removal, there were calls for a successor. OpenAI declined to comment, and board member Adam D'Angelo did not respond. Ex-Twitch CEO Emmett Shear has accepted the role of interim CEO. Meanwhile, Altman and key OpenAI personnel are joining Microsoft. Almost all of OpenAI's 700 employees threatened to quit, and Anthropic's co-founders, former OpenAI executives, have diverged on AI development and governance.
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Freshworks cuts 13% of its workforce, impacting 660 employees
YourStory
·
10m ago
Medial
Freshworks, a SaaS company, has laid off around 13% of its workforce, impacting 660 employees. The decision is part of the company's focus on key growth areas, such as AI, Employee Experience (EX), and Customer Experience (CX) offerings. The CEO of Freshworks, Dennis Woodside, stated that the company needs to simplify and operate more efficiently. Affected employees will be notified through transitional discussions, with notifications expected in the US and India first. Despite the layoffs, Freshworks reported a 22% revenue growth in the third quarter of 2024.
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What OpenAI Really Wants
Wired
·
2y ago
Medial
Sam Altman, CEO of OpenAI, is on a global tour, visiting 25 cities on six continents to discuss artificial intelligence (AI). Altman, a prominent figure in the AI community, reflects on his meetings with world leaders like French President Emmanuel Macron and UK Prime Minister Rishi Sunak. OpenAI's creation, ChatGPT, and its impact on AI development have garnered global attention. Altman's discussions focus on the implications of AI, regulation, and the future of technology. He engages with audiences, answering questions and taking selfies, as he becomes a symbol of humanity's AI challenge. Click on the "View Source" button below to read the full article.
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Group Linked to Sam Altman Launches AI to Defeat Joe Biden
Futurism
·
1y ago
Medial
A super PAC linked to OpenAI CEO Sam Altman has unveiled an AI chatbot called Dean.Bot with the aim of preventing President Joe Biden from securing a second term. The chatbot serves as a virtual stand-in for Congressman Dean Phillips, who is running against Biden in the Democratic primary. Interestingly, this initiative comes shortly after Biden signed an executive order to regulate AI technology, revealing a potential misalignment between Altman's support for AI regulation and the campaign's efforts to challenge Biden.
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Optimistic despite short term bumps: Freshworks CEO Dennis Woodside
Economic Times
·
1y ago
Medial
Nasdaq-listed Freshworks remains positive about the future of the Software-as-a-Service (SaaS) industry, according to its CEO Dennis Woodside. Despite short-term challenges, Woodside believes in the potential of Artificial Intelligence (AI) and stated that Freshworks already has two AI products being monetized in the market. He expressed optimism about the company's prospects moving forward.
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Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovation
Economic Times
·
9m ago
Medial
Freshworks, a leading SaaS company, has appointed Srinivasan Raghavan as its new Chief Product Officer (CPO). With extensive experience in the enterprise SaaS industry, Raghavan will be responsible for the product strategy and vision of Freshworks' AI-driven service software. Reporting directly to CEO Dennis Woodside, Raghavan will focus on employee experience, artificial intelligence, and customer experience. Previously, Raghavan served as CPO at RingCentral, launching cloud-based solutions for contact centers, marketing, and sales intelligence. Freshworks, founded in 2010, provides CRM software primarily targeting small and medium businesses, serving more than 68,000 customers globally.
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Microsoft was preparing its San Francisco offices with MacBooks and HR on standby to welcome defecting OpenAI employees, then Sam Altman rejoined as CEO
Business Insider
·
1y ago
Medial
Microsoft made preparations to welcome OpenAI employees who were planning to quit after CEO Sam Altman's departure. They had organized space at their San Francisco offices and were getting MacBook laptops ready for the incoming employees. However, this may no longer be necessary as Altman has returned as the CEO of OpenAI. Microsoft had invested over $10 billion in the AI firm and owns 49% of it. Altman's return was supported by Microsoft's CEO Satya Nadella, and they plan to continue building on their strong partnership.
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Freshworks: Girish Mathrubootham hands CEO reins to Dennis Woodside
The Arc Web
·
1y ago
Medial
Freshworks founder and CEO, Girish Mathrubootham, is transitioning to the role of Executive Chairman, while current President, Dennis Woodside, has been named the new CEO. The announcement was made after market hours, leading to a 25% drop in Freshworks' share price in the aftermarket. The change allows Mathrubootham to focus more on product teams and customers, while remaining involved in strategic decisions. Freshworks also recently announced its acquisition of Device42 for $230 million in cash, expanding its IT services management business.
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Astronomical: Zuckerberg on reports of Altman's $7-tn chip project
Inshorts
·
1y ago
Medial
Meta CEO Mark Zuckerberg, while commenting on reports of OpenAI CEO Sam Altman seeking $7 trillion for an AI chip venture, said the number is "astronomical". However, he added that Altman "isn't crazy" as companies are going to need more chips for training AI models. Altman's ambition for the AI space "has been very helpful" in building it, he stated.
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