Former U.S. Treasury Secretary Larry Summers says he will step back from all public commitments, adding the move is to allow him to rebuild trust and repair relationships with the people closest to me. Former U.S. Treasury Secretary Larry Summers is stepping down from a teaching post at Harvard University and as a director of one of its business and government schools, a spokesperson said on Wednesday, after Congress released documents showing Summers shared close ties with the late convicted sex offender Jeffrey Epstein. A spokesperson for Summers, Steven Goldberg, said Summers' co-teachers would complete the semester for three ongoing courses. Mr. Summers has decided it's in the best interest of the center for him to go on leave from his role as director as Harvard undertakes its review, he said. Summers, also a former president of Harvard University, is a director of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. Summers has been under fire since the U.S. House Oversight Committee released documents detailing an ongoing personal correspondence between Summers and Epstein, who died by suicide in a Manhattan prison in 2019 as he faced sex-trafficking charges.

Does'America First' make the US weaker? Who is Marjorie Taylor Greene? Former United States Treasury Secretary Larry Summers has resigned from the OpenAI board, days after US President Donald Trump ordered the Justice Department to investigate his and other prominent Democrats' ties to convicted sex offender Jeffrey Epstein. The outlet Axios first reported the resignation on Wednesday. Anthropic's AI hacking claims divide experts We appreciate his many contributions and the perspective he brought to the Board," OpenAI's board of directors said in a statement. The move comes one day after the Republican-controlled US Congress voted almost unanimously to force the release of Department of Justice files on Epstein, an outcome Trump had fought for months before ending his opposition. He has served on the OpenAI board since late 2023, following the brief removal of the ChatGPT maker's CEO, Sam Altman. Other prominent companies with ties to Summers include edu-tech firm Skillsoft, where he has been a board member since 2021, and Santander, where he chairs the bank's international advisory board. He was also a former president of Harvard University. The resignation comes after Summers announced that he would step back from all other public commitments to "rebuild trust and repair relationships with the people closest to me". "Everyone in Washington has known who Larry Summers is for decades.

Frank Kendall, the secretary of the Air Force, told the U.S. Senate Committee on Appropriations he will get to fly in an AI-flown plane later this year. Air Force Secretary Frank Kendall told members of the U.S. Senate on Tuesday that he plans to ride in the cockpit of an aircraft operated by artificial intelligence. An F-16 169th Fighter Wing jet is seen in 2023. FLIGHT RISKS: Air Force Secretary Frank Kendall told members of the U.S. Senate on Tuesday that he plans to ride in the cockpit of an aircraft operated by artificial intelligence to experience the technology of the military branch's future fleet. 'KEEPING BEAUTY REAL': As experts predict that 90% of online content could be generated by artificial intelligence by the year 2025, a major beauty brand is taking a stand against the use of AI in advertising.

As Sam Altman looks to steer OpenAI through choppy waters following the turmoil of his ouster and return as chief executive, he will be working with an initial board of directors consisting of two new faces--and one holdover from the previous board that fired him. The two joiners are seasoned tech veteran Bret Taylor, who was formerly co-CEO of Salesforce and chairman of Twitter, and Larry Summers, the onetime Treasury secretary and Harvard University president whose appointment surprised some observers. Remaining on the board is Adam D'Angelo, a former Facebook executive and the founder of the question-and-answer website Quora, a potential sign that Altman may not have everything his own way after his dramatic reinstatement late Tuesday.

The co-founder of a leading US artificial intelligence firm is making a comeback to the company that terminated him as CEO last week, the latest twist in a week-long drama over its leadership. OpenAI, which owns the popular chatbot ChatGPT, announced late on Tuesday on the social media platform X that it had reached "an agreement in principle" to bring back tech entrepreneur Sam Altman as CEO. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this.

Sam Altman is set to make a return as chief executive of OpenAI after the ChatGPT developer said it had "reached an agreement in principle" for his reinstatement. The San Francisco-based company made the announcement after days of corporate drama in the wake of Altman's surprise sacking on Friday. Nearly all of OpenAI's 750-strong workforce had threatened to quit unless the board overseeing the business brought back Altman and then quit immediately afterwards. As part of the agreement reached overnight, the deal includes a new-look board led by Bret Taylor, the former co-CEO of software firm Salesforce. It will include Larry Summers, the former US treasury secretary, and Adam D'Angelo, the tech entrepreneur and current board member who played a role in Altman's firing.

Sam Altman is returning to OpenAI as CEO after his firing five days ago launched the company onto one of the wildest rollercoaster rides in tech history, the company announced in post on X. Former president Greg Brockman, who resigned on Friday in protest, will also return, The Verge's sources say. The original board has been disbanded and replaced by a new, temporary three-man board with Bret Taylor (chair), Larry Summers and original board member Adam D'Angelo. The agreement has been struck "in principal," and must still be approved by all parties. The only job of the initial board will be to vet and appoint a permanent board with up to 9 members that will resent OpenAI's governance.

Sam Altman will return to lead OpenAI less than five days after he was pushed out of one of the world's most valuable startups, setting off a shock back-and-forth drama that transfixed Silicon Valley and the global AI industry. Altman is returning as chief executive officer and the initial board will be led by Bret Taylor, a former co-CEO of Salesforce Inc. The other directors are Larry Summers, the former U.S. Treasury Secretary, and existing member Adam D'Angelo, the co-founder and CEO of Quora Inc. OpenAI is now working "to figure out the details," the company said in a post on X, formerly Twitter. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details.

On May 26, 1995, Bill Gates wrote the famous "Internet Tidal Wave" internal memo at Microsoft. This was a huge wake-up call for the desktop software company at the time. It immediately shifted priorities and resources for Microsoft to go after the nascent World Wide Web. I thought of this "Internet Tidal Wave" moment when I came across a helpful analogy from Hubspot CTO Dharmesh Shah a couple weeks ago: "Netscape was to the Internet what ChatGPT is to Artificial Intelligence. "The Internet existed before Netscape.

On May 26, 1995, Bill Gates wrote the famous "Internet Tidal Wave" internal memo at Microsoft. This was a huge wake-up call for the desktop software company at the time. It immediately shifted priorities and resources for Microsoft to go after the nascent World Wide Web. I thought of this "Internet Tidal Wave" moment when I came across a helpful analogy from Hubspot CTO Dharmesh Shah a couple weeks ago: "Netscape was to the Internet what ChatGPT is to Artificial Intelligence. "The Internet existed before Netscape.