Silicon Valley

Japan’s Nippon Telegraph and Telephone (NTT) Group views India as a strategically important market that houses its second largest employee population outside of Japan and has the potential to be among the company’s top revenue generators, its global CEO Abhijit Dubey told ET in an exclusive interview.Dubey will be taking on the role of global CEO of the combined entity, NTT DATA, in June 2024, the first Indian origin executive to head a multi-billion Japanese conglomerate in recent times.Elevate Your Tech Prowess with…

An artificial intelligence startup targeting air travel has raised $34 million in a funding round led by Andreessen Horowitz to more aggressively pursue deals with the Department of Defense.Air Space Intelligence Inc. has long sold its tools — which have been described as Waze for air travel — to commercial carriers including Alaska Airlines. The startup's marquee product, called Flyways, can help flight dispatchers pick routes for planes, taking into account factors like flight traffic, weather and airport conditions.…

Unlike OpenAI, Mozilla’s nonprofit cannot fire executives in charge of for-profit work. Each for-profit unit has its own board, with members annually selected by the nonprofit foundation’s board. “It’s different jobs, it’s a different mix of skills,” Surman says. “If you have different functions, it makes sense to have a separation of powers.”The different boards, with distinct characters and missions, are also intended to give the commercial endeavors greater autonomy. Mozilla tries to seat people who know philanthropy,…

The National Labor Relations Board issued a complaint alleging Mozilla Corp. refused to hire a former Apple Inc. employee worker because of her past labor activism. The agency's prosecutors called on Mozilla to offer Cher Scarlett the position she applied for in 2021 or a similar role, and to otherwise make her whole for damages as a result of not being hired. Scarlett and her lawyer, Laurie Burgess, believe the case has the potential to defuse one of the most powerful factors chilling workplace activism in Silicon…

Yet on Monday those theories too appeared to be put to rest. In a post on X in the early hours of the morning, the board’s new interim CEO Emmett Shear wrote that before he accepted the job he’d asked why Altman was removed. “The board did *not* remove Sam over any specific disagreement on safety,” he wrote, “their reasoning was completely different from that.” Shear didn’t offer any information on what the reasoning had been instead.Sutskever himself then appeared to quash the possibility he and the board had acted out…

Shear cofounded livestreaming platform Twitch, which sold to Amazon for nearly $1 billion in 2014. He stepped down as CEO in March, ending a 16 year run at Twitch, citing the birth of his first child. Shear moved in some of the same Silicon Valley circles as the CEO whose shoes he must now fill. In 2011, Shear and Altman both were named part-time partners at the same time for the startup incubator Y Combinator, which Altman later on went on to lead.Shear is a self-described techno-optimist, but has expressed deep fears of…

Altman’s ouster shows the organization supposed to align superintelligent AI with humanity failing to align the values of even its own board members and leadership. Adding a profit-seeking component to the nonprofit project turned it into an AI powerhouse. Launching products was supposed to provide not only profits but also opportunities to learn how to better control and develop beneficial AI. Now it’s unclear whether the current leadership thinks that can be done without breaching the project’s original promise to…

Sam Altman, the tech titan behind ChatGPT, was abruptly fired Friday by OpenAI, the company that launched the revolutionary artificial intelligence chatbot.The news of his dismissal caught Silicon Valley by surprise, as the 38-year-old had been hailed as a pioneer and one of the leading figures in the high-stakes world of AI.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitIndian School of…

Popular vegan egg and lab-grown-meat company Eat Just is in deep financial trouble. A WIRED investigation bringing together court records, documents, and interviews from former employees suggests that the company frequently struggled with paying its suppliers on time. Now it is being sued by a former partner for roughly $100 million and faces lawsuits from other vendors, some of which are reported here for the first time.“The biggest issue was absolute financial mismanagement,” one former senior Eat Just employee alleges.…

And interest in government jobs among tech workers remains strong. In late October, more than 3,000 people registered for a Tech to Gov career event, held by the Tech Talent Project, a nonprofit that helps the US government recruit for tech roles. One thousand more had signed up for a waiting list.“It’s not just layoffs—what I have definitely seen is folks pausing in the tech sector,” says Jennifer Anastasoff, executive director at Tech Talent Project. “This has been a moment where folks have started pausing and started…