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Mira Murati Unveils Revolutionary AI Interface Amid Intensifying Industry Rivalry

Breaking Silence: A Strategic Return To The Spotlight

Mira Murati, former Chief Technology Officer of OpenAI and current CEO of Thinking Machines Lab, gave her first major media interview in nearly 18 months during a conversation with Bloomberg in San Francisco. The interview comes as Thinking Machines Lab continues to expand its operations following a period focused on fundraising, hiring and product development.

Redefining The AI Landscape With Interaction Models

The company recently introduced Tinker, an API designed for fine-tuning open-source AI models. Murati also discussed what Thinking Machines Lab describes as “interaction models,” which process continuous streams of audio, text and video at intervals of 200 milliseconds. According to the company, the approach is intended to support more natural interactions by accounting for pauses, interruptions and changes in conversation flow.

Navigating The Turbulence At OpenAI

Murati also reflected on events at OpenAI in November 2023, when CEO Sam Altman was briefly removed by the board and Murati served as interim CEO. She said decisions made during that period were guided by efforts to support the company’s mission and employees. Looking back, Murati noted that clearer communication and a more structured transition process could have improved the situation.

A Call For Structural Governance In AI

Asked about trust and accountability in the AI industry, Murati focused on governance and decision-making structures. She argued that the concentration of influence among a limited number of organisations increases the importance of effective oversight mechanisms. Her comments highlighted broader discussions within the industry about governance, accountability and the long-term development of advanced AI systems.

Industry Competition And The Talent War

Thinking Machines Lab has faced staffing changes as it continues to build its research team. Discussing competition within the sector, Murati said her focus remains on developing products rather than competing directly with rivals. Her remarks come as AI companies continue to compete for talent and investment amid growing demand for advanced AI systems.

Charting A Balanced Future For AI

Murati also addressed the potential impact of AI on work, security and society. Rather than focusing on either optimistic or pessimistic scenarios, she emphasized the importance of maintaining human oversight as AI capabilities continue to advance. According to Murati, long-term outcomes will depend on how organisations and policymakers manage the development and deployment of the technology.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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