The head of the U.S. Center for AI Standards and Innovation (CAISI), Chris Fall, resigned from that role three months after he was selected for it, CNBC reported Monday (July 20). A Commerce Department spokesperson confirmed Fall’s resignation without disclosing the reason, according to the report. CAISI is part...
Bank of America has reportedly promoted new leaders to guide its artificial intelligence and crypto efforts. Sonali Theisen has been named the bank’s head of global digital-assets platform and Kevin Milsom head of platforms AI transformation, Bloomberg News reported Friday (July 17), citing an internal...
Nubank has appointed Livia Chanes to the newly created position of chief executive officer for Latin America, according to a Wednesday (July 15) Bloomberg report. Chanes, who has served as the firm’s Brazil CEO since 2024, will now oversee regional operations as the company intensifies...
Anthropic has reportedly hired Monzo Co-Founder/Former CEO Tom Blomfield to strengthen its compute team. That’s according to a post Monday (July 13) from LinkedIn news, which noted that his hiring comes amid increasing competition for leading AI talent. Blomfield said he is taking a leave...
OpenAI President and Co-Founder Greg Brockman will oversee the company’s ChatGPT product business following the departure of Fidji Simo that was announced Thursday (July 9), CNBC reported Friday (July 10), citing unnamed sources. Brockman has handled product responsibilities since Simo took a medical leave in April, and he...
Target is reorganizing its strategy team, a group that helps the company set priorities, Bloomberg reported Wednesday (July 8). The move included the elimination of some roles on the team, the report said, citing an internal memo and saying the document’s contents were confirmed by...
Dhivya Suryadevara resigned as president of Fiserv on Tuesday (July 7), the company said in a filing with the Securities and Exchange Commission (SEC). Suryadevara resigned for “good reason” under her offer letter, her resignation is effective Tuesday, and she will remain a non-executive officer...
Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective immediately. The executive’s departure from the board of the prominent ride-hailing and delivery network prompted a swift market reaction, with...
Microsoft is eliminating 4,800 positions, representing approximately 2.1% of its global workforce, as the software giant navigates a broader shift toward artificial intelligence (AI) and seeks to stabilize underperforming hardware and gaming segments, CNBC reported Monday (July 6). The restructuring hits the company’s Xbox division...