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Management news
OpenAI appoints Sarah Friar as CFO and Kevin Weil as CPO
Foundation Models
Jun 10, 2024
This week:
Funding
Lhyfe receives EUR 11 million grant from Klimatklivet for green hydrogen project in Sweden
Hydrogen Economy
Yesterday
Product updates
XRAI Glass launches AR One glasses at USD 1449 for hearing-impaired individuals
Extended Reality
Yesterday
Funding
VR therapy platform CUREosity raises EUR 3.8 million in funding to expand market presence
Extended Reality
Yesterday
Last week:
Product updates
Coinbase updates mobile wallet to add decentralized app browser
Decentralized Finance (DeFi)
Jun 22, 2024
Product updates
Coinbase updates mobile wallet to add decentralized app browser
Web3 Ecosystem
Jun 22, 2024
M&A
OpenAI acquires Rockset to power retrieval infrastructure
Data Infrastructure & Analytics
Jun 21, 2024
M&A
OpenAI acquires Rockset to power retrieval infrastructure
Foundation Models
Jun 21, 2024
Partnerships
Product updates
Anthropic releases Claude 3.5 Sonnet, the first model in the 3.5 series
Foundation Models
Jun 21, 2024
Funding
Paramount Planet Product raises USD 1 million in federal grant funding to support commercialization
Bio-based Materials
Jun 21, 2024
Regulation/policy
Apple delays launch of Apple Intelligence features in EU citing regulatory concerns
Generative AI Applications
Jun 21, 2024
Foundation Models

Foundation Models

Jun 10, 2024

OpenAI appoints Sarah Friar as CFO and Kevin Weil as CPO

Management news

  • OpenAI has announced the appointment of Sarah Friar as chief financial officer (CFO) and Kevin Weil as chief product officer (CPO).

  • Friar previously served as CEO of Nextdoor and CFO at Square, as well as worked at Goldman Sachs, McKinsey, and Salesforce. 

  • Weil was president of product and business at Planet Labs, co-founder of the Libra cryptocurrency, and held senior roles at Facebook, Instagram, and Twitter.

  • Analyst QuickTake: This news comes as the company reports several changes to its key management over the past couple of months, including the departure of co-founder and chief scientist Ilya Sutskever. Subsequently, Sam Altman announced Jakub Pachocki's appointment as OpenAI's new chief scientist. 

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