Strategy CEO Phong Le says company will sell BTC only in specific cases
Strategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said.
TechCrunch AI·
Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.
Read full articleStrategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said.
Sometimes, companies pick CEOs based on carefully laid succession plans designed to maximize investor confidence and future performance. Other times, apparently, companies pick CEOs based on a bunch of video calls while the current CEO is texting the former CEO about who the new CEO even is. Such was the story of The Blip, the days in 2024 when Sam Altman was ousted from OpenAI. We knew that situation was chaotic; the ongoing Musk v. Altman trial is showing just how chaotic it really was. Verge subscribers, don't forget you get exclusive access to ad-free Vergecast wherever you get your podcasts. Head here. Not a subscriber? You can sign … Read the full story at The Verge.
The week leading up to Thanksgiving 2023 was the AI industry's biggest soap opera moment. OpenAI CEO Sam Altman was abruptly ousted from his role at the ChatGPT-maker. The explanation? That Altman was "not consistently candid in his communications with the board." Now, via witness testimony and trial exhibits in Musk v. Altman, the public is getting a concrete look behind the scenes of that dramatic weekend for the first time, much of it centered on former CTO Mira Murati. It was a unique situation in that the rollercoaster of a power play - which seemed to change every hour - took place, in many ways, publicly. The board's strikingly vague … Read the full story at The Verge.
"We are going to be saying goodbye to the swipe," CEO Whitney Wolfe Herd said.
Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Global Conference in Beverly Hills, where they talked with TechCrunch about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong.
Company reports earnings on Wednesday and its spat with Donald Trump is sure to come up
The Nvidia CEO seems to feel that claims of AI's job-killing potential have been greatly exaggerated.
Musk texted OpenAI's president and co-founder saying that he and CEO Sam Altman "will be the most hated men in America."