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Kevin Weil and Bill Peebles exit OpenAI as company continues to shed ‘side quests’

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OpenAI is losing two of the architects of its most ambitious moonshots. Kevin Weil, who led the company’s science research initiative, and Bill Peebles, the researcher behind AI video tool Sora, both announced their departures on Friday. The exits come as OpenAI consolidates around enterprise AI and its forthcoming “superapp.”

The departures follow OpenAI’s decision to cut back on “side quests,” including customer-facing bets like Sora and OpenAI for Science. Sora, which was losing an estimated $1 million per day in compute costs, was shut down last month.

OpenAI for Science was the internal research group behind Prism, an AI-powered platform that promised to accelerate scientific discovery. It’s being absorbed into “other research teams,” according to Weil’s social media post announcing the news.

“It’s been a mind-expanding two years, from Chief Product Officer to joining the research team and starting OpenAI for Science,” Weil wrote. “Accelerating science will be one of the most stunningly positive outcomes of our push to AGI.”

The team had a short and bumpy road after its formal announcement in October 2025. Weil deleted a tweet claiming GPT-5 had solved 10 previously unsolved Erdős mathematical problems, but that claim fell apart immediately when the mathematician who runs the website erdosproblems.com called it out.

Weil’s departure comes a day after his team released GPT-Rosalind, a new model to accelerate life sciences research and drug discovery.

In a social media post announcing his departure, Peebles credited Sora with igniting a “huge amount of investment in video across the industry,” and argued that the kind of research that produced the video tool requires space away from the company’s mainline roadmap.

“Cultivating entropy is the only way for a research lab to thrive long-term,” he wrote.

OpenAI is also losing Srinivas Narayanan, its chief technology officer of enterprise applications, Wired reports. Narayanan reportedly announced the news internally that he was leaving to spend more time with family.

This article was updated to include the departure of Srinivas Narayanan.

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NAIPE 11th Annual Conference Moves to 12 Noon as 28 Stakeholders Back Event

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About 28 insurance and pension regulators and operators have backed the upcoming 11th edition of the Nigerian Association of Insurance and Pension Editors (NAIPE) Annual Conference, scheduled to hold in Lagos.

This is even as the timing of the event scheduled to hold on Thursday, October 8, 2026, at Oriental Hotel, Victoria Island, Lagos, has been shifted from 9:00am to 12:00pm same day.

This is to allow Insurance operators, who will be attending Insurers Committee meeting earlier that day, conclude their meeting and attend the conference.

The national conference with a focus on the emerging market dynamics in Nigeria’s insurance and pension sectors, follows  the just concluded recapitalisation exercise in the insurance sector and ongoing exercise in the pension industry.

Themed: “Post-Recapitalisation and Market Dynamics in Insurance & Pension Sectors,” the Chief Executive Officer of United Capital Asset Management Limited, Dr. Odiri Oginni, will deliver the keynote address, focusing on the insurance  perspective while Mr. Oguche Aguda,
Founder and Managing Partner of HRISP Partners, will equally deliver a paper on the theme, focusing on the pension perspective.

The Group Managing Director of Custodian Investment Plc, Mr. Wole Oshin, will chair the event.

According to NAIPE, the conference is coming at a critical period for the two sectors, as insurance operators have just concluded their recapitalisation exercise, while pension operators are expected to conclude theirs in 2027.

The high level discourse will therefore examine how funds raised through recapitalisation can be strategically invested and deployed to generate stronger returns, deepen market confidence and improve service delivery to shareholders and policyholders.

Expected dignitaries include the Commissioner for Insurance & Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Omosehin; Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran; chief executives of insurance companies, broking firms, investment and securities companies and Pension Fund Administrators (PFAs), as well as regulators, labour unions, students and other stakeholders.

Speaking ahead of the conference, Chairperson of NAIPE, Mrs. Ebere Nwoji said, the annual gathering provides a platform for insurance and pension journalists to contribute to the development of both sectors by promoting greater public understanding of insurance and pension as instruments for financial security and protection against old-age poverty.

Nwoji expressed appreciation to operators and regulators in the two sectors for their continued support for the conference, stressing that, the benefits derived from the annual event outweigh the resources committed to organising it.

She described this year’s theme as timely, given the significant structural changes taking place in the insurance and pension industries through recapitalisation.

She noted that, the insurance industry concluded its recapitalisation exercise on July 31, 2026, while the pension industry is currently undergoing a similar process expected to be completed next year.

The NAIPE chairperson, particularly, commended the leadership of NAICOM for successfully concluding the insurance industry’s recapitalisation exercise, describing it as a major achievement for Omosehin.

According to her, the Commissioner ‘took the bull by the horns’ in breaking what she described as the longstanding cycle of inconclusive recapitalisation exercises in the insurance industry.

She also expressed optimism that the pension industry, under the leadership of Ms. Omolola Oloworaran, would achieve a seamless and successful recapitalisation exercise.

“The conference would provide operators with an opportunity to gain insights into prudent and judicious investment of the capital raised through the recapitalisation process.

“I am confident that speakers at the event would provide practical perspectives on how insurance and pension operators can deploy their strengthened capital bases to deliver superior investment returns while enhancing value for investors, shareholders and policyholders” she affirmed.

Meanwhile, NAICOM, PenCom, SanlamAllianz, Veritas Kapital and 24 others have offered their support and partnership towards the conference.

The post NAIPE 11th Annual Conference Moves to 12 Noon as 28 Stakeholders Back Event appeared first on Business Today NG.

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Project BRIDGE: Nigeria’s 90,000km fibre backbone advisory costs top $3.6m | Exclusive – Technology Times

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Project BRIDGE: Nigeria’s 90,000km fibre backbone advisory costs top $3.6m | Exclusive – Technology Times | Latest and Breaking Nigeria Tech News










































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