OpenAI hires former xAI CFO fueling Altman, Musk rivalry
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CNBC
Just In
OpenAI has hired Mike Liberatore, who previously served as CFO at xAI for less than four months, as its new chief business officer. The transition underscores the growing rivalry between OpenAI, led by Sam Altman, and xAI, founded by Elon Musk.
Breakdown
- Mike Liberatore leaves xAI after less than four months to join OpenAI as chief business officer. 10s
- Liberatore will help lead OpenAI's AI infrastructure push alongside CFO Sarah Fryer. 19s
- OpenAI recently signed a $300 billion deal with Oracle to secure compute resources. 31s
- The competition between OpenAI and xAI is focused on data centers, talent, and executive recruitment. 46s
- xAI has experienced multiple executive departures, including its general counsel and a senior attorney. 1m 23s
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