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The U.S. added an estimated 178,000 jobs in March, rebounding from unexpectedly large job losses in February, according to data released Friday morning. March’s gains were about three times what economists expected, and the unemployment rate edged down to 4.3%. Why the March jobs report matters Market watchers generally viewed…
OpenAI is reshuffling its leadership as it prepares for a potential public offering this year. On Friday, the company confirmed to Business Insider that its longtime chief operating officer, Brad Lightcap, is moving into a new role focused on special projects.
According to an internal memo first reported by Bloomberg and separately confirmed by OpenAI, Lightcap will report directly to CEO Sam Altman. His responsibilities will include helping expand OpenAI’s enterprise software sales through partnerships with private equity firms. OpenAI also said Denise Dresser, recently named chief revenue officer, will take on some of Lightcap’s responsibilities as COO.
OpenAI also confirmed that two senior executives are stepping back for health reasons.
Executive turnover has been a recurring feature at OpenAI. Altman was briefly removed in late 2023, and the company later saw a wave of high-profile departures, largely involving original board members who had ousted him. In 2025, a half dozen AI researchers from OpenAI moved to Meta’s Superintelligence Labs.
In a statement to Business Insider, an OpenAI spokesperson said the company has “a strong leadership team focused on our biggest priorities: advancing frontier research, growing our global user base of nearly 1 billion users, and powering enterprise use cases.” The spokesperson added that OpenAI is “well-positioned to keep executing with continuity and momentum.”
OpenAI is navigating what it described as a pivotal period. The company is preparing for a potential IPO and recently raised $122 billion at a valuation of $852 billion. It is also exploring new revenue streams, including testing advertising within ChatGPT, while facing intensifying competition from rivals such as Anthropic.
In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…
