Fidji Simo is leaving her full-time position as OpenAI’s CEO of AGI Deployment after a prolonged health struggle involving postural orthostatic tachycardia syndrome, or POTS. She will remain connected to the company as a part-time adviser while focusing on recovery and neuroimmune research. Fidji Simo steps back from OpenAI leadership Simo announced on July 9 that she would step down from her daily executive responsibili

Meta will invest $900 million in Bengaluru-based fintech company CRED, while founder Kunal Shah prepares to take charge of WhatsApp globally. The linked announcements place one of India’s best-known startup founders at the center of Meta’s next phase in messaging, business services and digital payments. Watch: Why did Meta choose Kunal Shah to lead WhatsApp? See o

TIME magazine released its 2026 list of the 100 most influential people in the world on Wednesday, highlighting individuals whose work has shaped global conversations across technology, entertainment, and culture. The annual TIME100 list recognizes leaders, innovators, and artists for their far-reaching impact, with Indian figures again earning international recognition. Among those featured is Sun

Oracle Corporation has announced the appointment of Hilary Maxson as its new Chief Financial Officer (CFO), effective April 6, 2026. Maxson will take charge of Oracle’s global finance organization, reporting directly to co‑CEO Clay Magouyrk. This appointment marks a pivotal leadership change for the company as it continues to strengthen its position in the cloud computing and artificial intelligence (AI) markets. Maxson, who brings extensive experience in corporate finance and technology leadership, joins Oracle from Schneider Electric, where she served as the Executive Vice President and Group CFO. Her appointment is seen as a strategic move to bolster Oracle’s financial operations amid its ongoing expansion in AI and cloud services. As the company focuses heavily on AI-driven solutions and cloud infrastructure, Maxson’s expertise will be key in navigating the complexities of the evolving tech landscape. With demand for cloud services and AI technologies surging, Oracle is focused on scaling its operations to meet the growing market needs. Maxson’s leadership will guide Oracle through this critical phase, ensuring financial stability while supporting the company’s ambitious growth objectives. Oracle’s investment in AI and cloud technologies has positioned it as a major player in these sectors, and Maxson’s financial oversight will be essential as the company continues to innovate and expand its global footprint. The timing of this leadership change is significant, as Oracle is also undergoing a restructuring process. Recently, the company has faced workforce layoffs, a strategic move to streamline its operations and focus on the most promising areas for future growth. With Maxson at the helm of the finance team, Oracle is poised to make smart financial decisions that will fuel its continued success in the competitive tech sector. Maxson’s appointment underscores Oracle’s commitment to adapting to industry trends and ensuring its leadership is well-equipped to manage the challenges and opportunities in the rapidly changing tech landscape. As she steps into her new role, Maxson’s focus will be on aligning Oracle’s financial strategies with its long-term goals, driving profitability, and supporting the company’s continued leadership in cloud computing and AI.

Bill Gates has withdrawn from delivering the keynote address at the India AI Impact Summit 2026, sparking widespread attention and speculation across global tech and political circles. The Bill & Melinda Gates Foundation confirmed the sudden decision, stating that Gates would skip the summit “after careful consideration,” just one day after publicly confirming his participation. The event, being held at Bharat Mandapam, is one of India’s most significant gatherings focused on artifi

New Delhi is set to host a major international gathering of technology executives, political leaders and policy experts as the India-AI Impact Summit 2026 begins in the national capital from February 16 to 20. The Ministry of External Affairs confirmed that delegations from more than 45 countries will attend the high-level event, positioning the summit as one of the largest global forums focused on artificial intelligence and digital policy. Among the notable participants is Antonio Guterres, the Secretary-General of the United Nations, along with senior officials from several international organisations. The presence of global leadership underscores the summit’s growing significance as countries seek to collaborate on the opportunities and challenges posed by rapidly advancing AI technologies. The summit’s framework is built around three central themes—People, Planet and Progress—reflecting India’s stated aim of shaping artificial intelligence governance that promotes inclusive growth, environmental sustainability and technological advancement. Officials said the agenda will focus on balancing innovation with responsibility, ensuring that digital transformation benefits both developing and developed economies. Several heads of state and government are scheduled to attend at the invitation of Prime Minister Narendra Modi. Leaders expected to participate include Tshering Tobgay of Bhutan, Luiz Inácio Lula da Silva of Brazil, Emmanuel Macron of France, Pedro Sánchez of Spain and Dick Schoof of the Netherlands, among others. Additional representation will come from vice presidents, crown princes and senior ministers, highlighting broad geographic participation across Europe, Latin America, Asia and Africa. Beyond government delegations, the event will draw prominent figures from the global technology sector. Executives expected to attend include Sundar Pichai of Google, Sam Altman of OpenAI, Jensen Huang of Nvidia, Demis Hassabis of DeepMind, Brad Smith of Microsoft and Cristiano Amon of Qualcomm. Their participation is expected to add industry insight into emerging AI trends, research and investment. According to officials, the summit will facilitate discussions on responsible AI governance, innovation ecosystems, digital public infrastructure and climate-conscious technology. Sessions are also planned on equitable access to emerging tools, reflecting concerns that technological gaps could widen inequalities between regions. Organisers have described the India-AI Impact Summit as a platform designed not only for dialogue but also for measurable outcomes. By encouraging collaboration between policymakers, startups and multinational firms, the event aims to generate partnerships and frameworks that support economic growth, social development and the sustainable use of artificial intelligence. With a strong international presence and a broad agenda, the summit is expected to reinforce India’s role as an influential player in shaping global AI policy while promoting cooperation on the future of the digital economy.

Andy Byron, the CEO of Boston-based AI and DataOps startup Astronomer, has resigned following the fallout from a viral video that showed him in a close embrace with Kristin Cabot, the company's Chief People Officer. The incident, which occurred during a Coldplay concert at Gillette Stadium on July 17, was captured on the venue’s kiss cam and broadcasted on the jumbotron, where the two were seen in an affectionate moment. Byron, who is married, quickl

From a humble beginning in Belagavi, Karnataka to the top echelons of global tech, Sachin Katti’s story is one of academic brilliance, relentless innovation, and impactful leadership. Now named Intel’s Chief Technology Officer and Chief AI Officer, Katti is at the forefront of the company’s transformation during a time of massive restructuring. His appointment reflects Intel’s renewed emphasis on artificial intelligence, not as a suppor

In a revelation that underscores just how crucial Neal Mohan is to Google’s long-term strategy, it was disclosed in a recent podcast with entrepreneur Nikhil Kamath that Google once paid Mohan a staggering $100 million in stock to stop him from leaving for Twitter. This high-stakes retention move occurred back in 2011, at a time when Twitter (now X) was aggressively pursuing top-tier talent to lead its product team, and had approached Mohan for the position of Chief Product Officer.