Categories: Tech & Auto

Former British PM Sunak joins Microsoft, Anthropic in advisory roles

(Reuters) -Former British Prime Minister Rishi Sunak said on Thursday he has joined U.S. tech giant Microsoft and AI startup Anthropic as a senior adviser. Sunak, who stepped down as the leader of the opposition Conservative Party following a defeat in the general election last July, continues to serve as a member of the British Parliament. In a LinkedIn post, Sunak said that the proceeds from the roles will be donated in full to The Richmond Project, a charity he started with his wife Akshata Murty. Amazon and Google-backed Anthropic said that the internally focused, part-time advisory role fully complied with the conditions of the Advisory Committee on Business Appointments, or ACOBA, which oversees rules on new jobs for former ministers and senior civil servants. Sunak will advise Anthropic on strategy, macroeconomic and geopolitical trends. The role focuses on global strategic matters, not UK-specific policy, and Sunak is prohibited from initiating contact with UK government officials on behalf of Anthropic.  At Microsoft, Sunak will provide strategic perspectives on macroeconomic and geopolitical trends. He will be speaking at the annual Microsoft Summit, according to an advice letter by ACOBA's interim chair, Isabel Doverty, posted to its website on Thursday. Sunak will not be advising on any UK policy matters. The former prime minister cannot lobby for the firm for two years from his last day in ministerial office, nor draw on any privileged information from his time in government, according to the letter. Microsoft did not immediately respond to a Reuters request for comment. The development follows Sunak's July return to Goldman Sachs in an advisory role. He had previously worked at the Wall Street bank as an analyst in the early 2000s, before joining a series of hedge funds. (Reporting by Juby Babu in Mexico City; Editing by Alan Barona)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Volkswagen sales rise slightly in Q3, fuelled by Europe, strong EV sales

BERLIN, Oct 10 - Volkswagen Group reported a 1% increase in third-quarter global deliveries on…

10 minutes ago

China expands rare earths restrictions, targets defense and chips users

BEIJING (Reuters) -China dramatically expanded its rare earths export controls on Thursday, adding five new…

13 minutes ago

Malaysia says removing chip tariff exemption could harm competitiveness, U.S. supply chains

KUALA LUMPUR (Reuters) -Malaysia warned on Friday that any removal of tariff exemptions on its…

37 minutes ago

Drake's defamation suit against UMG over Lamar's 'Not Like Us' dismissed

By Blake Brittain (Reuters) -A federal judge in Manhattan on Thursday dismissed superstar rapper Drake’s…

1 hour ago

Easy Boba Introduces Limited-Edition ‘Cheese Foam Shakes’ — A Creamy Twist to Classic Flavours

Easy Boba Launches Limited-Edition ‘Cheese Foam Shakes’ Across Select Outlets in Mumbai, Blending Dessert Comfort…

1 hour ago

A New Leaf of Luxury at Madhubhan Resort & Spa!

Anand (Gujarat) [India], October 9: Madhubhan Resort & Spa, the leading luxury destination in Gujarat, has…

2 hours ago