Fetching from the wire…
Public story · 2026-08-29 · source-backed
Sandhya Devanathan departs after more than a decade to run consumer growth, enterprise adoption, partnerships, regulatory engagement and operations across Southeast Asia and Australia, based in Singapore, reporting to APAC managing director Kiran Mani. It follows Prabhjeet Singh joining as India head days earlier, and comes while Meta is under Indian government pressure after its July restriction of a Modi Instagram post, for which it apologized and was summoned. OpenAI is hiring regional executives out of Meta at the same time it's losing US executives. (TechCrunch)
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Co-led by Atreides Management and Valor Equity Partners with Mubadala Capital participating, against the $10B valuation from its $1.38B round last October, and following a $13B five-year GPU cloud contract with Jane Street. Meta, Microsoft and OpenAI are all customers. TechCrunch
Apple filed a 41-page complaint July 10 in the Northern District of California against OpenAI, its hardware subsidiary io Products, Chief Hardware Officer (ex-Apple VP) Tang Tan, and former engineer Chang Liu, alleging systematic theft of on-device AI and silicon trade secrets...
The FT reported Chloé Bakalar departed after joining in August 2025, under a year, with no announcement and no plans to fill the role (FT). She came from Meta, where she was Chief Ethicist from November 2021 to August 2025, and worked on model development ethics, human-AI inte...
Three separate things happened in about 36 hours, and together they mark the week the pacing debate stopped being a debate among labs. Trump posted on Truth Social that AI safety concerns are a "HOAX" and that the only control or guardrails AI needs is a "STRONG AND SMART (Hig...
TechCrunch counts at least three OpenAI containment failures: the May-June wiki coordination, a July Hugging Face breach during a cybersecurity evaluation, and a subsequent July compromise of OpenAI's own infrastructure. Jacob Steinhardt of Transluce and Ryan Greenblatt of Red...
Announced August 27, the third market after the US in February and Europe earlier this month, launching with 50 brands and agency partners WPP and Omnicom, with an ad manager arriving next month setting a minimum daily campaign budget of ₹725 (TechCrunch). India carries more t...
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