More than 710 of OpenAI’s 770 employees have signed a letter to the company’s board asking members to resign and to reinstate former CEO Sam Altman and former President Greg Brockman. If Altman and Brockman are not reinstated, the employees say they will join the duo at Microsoft, according to employees. The Information has updated our OpenAI Org Chart, which included 25 key decision-makers at the company before Altman’s abrupt... Read more ›
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Nat Friedman, the former CEO of Microsoft-owned GitHub and a prolific investor in artificial intelligence startups, was asked by an OpenAI board member to take over as the Interim CEO of OpenAI on Sunday but he declined the offer, according to a person with direct knowledge of the matter. The refusal shows the challenges facing OpenAI’s board in finding a new leader following the board's Friday firing of OpenAI co-founder... Read more ›
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Questions about the future of OpenAI intensified on Monday, after board member and chief scientist Ilya Sutskever expressed regret for his participation in the firing of CEO Sam Altman. Meanwhile, OpenAI customers are looking for the exits, signaling a possible exodus of business that could devastate the startup. More than 100 OpenAI customers contacted OpenAI competitor Anthropic over the weekend, a startup that has raised billions from both Amazon and... Read more ›
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I was the first venture investor in OpenAI. The weekend drama illustrated my contention that the wrong boards can damage companies. Fancy titles like “Director of Strategy at Georgetown’s Center for Security and Emerging Technology” can lead to a false sense of understanding of the complex process of entrepreneurial innovation. OpenAI’s board members' religion of “effective altruism” and its misapplication could have set back the world’s path to the tremendous... Read more ›
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What a weekend! The OpenAI drama continued on Monday morning, as Ilya Sutskever—OpenAI’s chief scientist and a key figure in former CEO Sam Altman’s firing—tweeted, “I deeply regret my participation in the board’s actions.” Meanwhile, hundreds of OpenAI staffers, including Sutskever himself, reportedly signed an open letter threatening to quit unless Altman was reinstated.In other words: Sutskever, at least, didn’t anticipate Microsoft would hire Altman and a flood of staffers... Read more ›
0
A surprising manufacturing setback by Freyr Battery has more than halved its share price and struck a blow at the reputation of 24M Technologies, a Massachusetts Institute of Technology spinoff that licenses a novel battery that Freyr has planned to manufacture in gigafactories in Norway and Georgia. Read more ›
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Three hours after OpenAI co-founder and board director Ilya Sutskever told staff Sam Altman would not return as chief executive officer, Microsoft CEO Satya Nadella said Altman, former OpenAI President Greg Brockman and other OpenAI employees would join Microsoft to lead “a new advanced AI research team.” The move shows how Microsoft hastily tried to overcome the shock firing of Altman on Friday by OpenAI's board of directors. Microsoft has... Read more ›
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Dozens of OpenAI staffers internally announced they were quitting the company Sunday night, said a person with knowledge of the situation, after board director and chief scientist Ilya Sutskever told employees that fired CEO Sam Altman would not return. The moves could hamper the company's ability to move forward after the shock firing. It also will likely change the course of the artificial intelligence field and embolden a host of... Read more ›
0
Sam Altman won’t return as CEO of OpenAI, despite efforts by the company’s executives to bring him back, according to co-founder and board director Ilya Sutskever. After a weekend of negotiations with the board of directors that fired him Friday, as well as with its remaining leaders and top investors, Altman will not return to the startup he co-founded in 2015, Sutskever told staff. Emmett Shear, co-founder of Amazon-owned video... Read more ›
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Microsoft, OpenAI’s biggest backer, is considering taking a role on the board if ousted CEO Sam Altman’s returns to the ChatGPT developer, according to two people familiar with the talks. Microsoft could either take a seat on OpenAI’s board of directors, or as a board observer without voting power, one of the people said. The discussions are part of an effort by OpenAI’s big backers and senior leadership to reinstate... Read more ›
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Two days after OpenAI’s board of directors fired him, Sam Altman joined executives at the company’s San Francisco headquarters Sunday as they pushed the board to reinstate him and other recently departed executives, said a person with knowledge of the situatioin. Interim CEO Mira Murati earlier told staff that she and the leadership team invited Altman, according to people with knowledge of the situation. OpenAI’s former chairman and president, Greg... Read more ›
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For at least a brief moment, OpenAI's rivals caught a lucky break. After spending the last year racing to catch up to the ChatGPT developer’s lead, OpenAI competitors learned the jaw-dropping news: the startup’s board had pushed out Altman. By Sunday it looked like the reprieve would be short-lived, as growing employee and investor backlash to the OpenAI board’s decision put pressure on the board to reverse its decision. But... Read more ›
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OpenAI is “optimistic” it can bring back Sam Altman, Greg Brockman and other key employees who departed in the wake of Altman’s sudden firing on Friday, Chief Strategy Officer Jason Kwon told staffers in a memo Saturday night, according to people with knowledge of the situation. Executives will be able to share another update by mid-morning tomorrow, Kwon said. Read more ›
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OpenAI co-founder Sam Altman could make a decision as soon as Saturday evening on whether to return to the startup he co-founded, after some major investors urged the board that fired him to reverse the decision, according to people familiar with the discussions. In order to return, the members of the board would have to be replaced. Alternatively, Altman would continue with plans to launch a new venture. Tiger Global... Read more ›
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Sam Altman, the recently ousted CEO of OpenAI, has been telling investors that he is planning to launch a new venture, according to a person familiar with the matter. Former OpenAI president Greg Brockman is expected to join the effort and the project is still in development, the person said. Altman was fired suddenly by the OpenAI board of directors on Friday. Shortly after, Brockman—who was removed as chairman of... Read more ›
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A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the sudden firing of CEO Sam Altman and a slew of top executive departures. The tender offer, which Thrive Capital is leading, has not yet closed but has been in its final stages and was expected to be completed as soon as next month, according to a... Read more ›
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Meta Platforms has split up a team responsible for understanding and preventing harms associated with the artificial intelligence technology it’s developing,as the company diverts more resources to its generative AI work, according to an internal post reviewed by The Information. The changes are part of a wider reshuffle of the AI teams that Meta announced internally this week. Most employees on the Responsible AI team will move to Meta’s generative... Read more ›
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New subscribers can get three months on us with our Black Friday offer, available through November 26. You’ll save 25% on an annual subscription, which gives you unlimited access to our journalism, org charts, events, newsletters—and, of course, every story from The Information Weekend. Subscribe here to save $100+.Hi, welcome to your Weekend.Still reeling from the news of Sam Altman’s apparent firing from OpenAI? Yeah, me too. Two years ago,... Read more ›
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Three senior researchers at OpenAI resigned Friday night as the artificial intelligence developer suffered fallout from the firing of CEO Sam Altman and sudden resignation of President Greg Brockman, according to several people with knowledge of the situation. Jakub Pachocki, the company’s director of research; Aleksander Madry, head of a team evaluating potential risks from AI, and Szymon Sidor, a seven-year researcher at the startup, told associates they had resigned,... Read more ›
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What a turn of events! OpenAI began the day once again as the hottest startup in tech, run by the smartest hotshots in artificial intelligence. But around lunchtime on the west coast, it was a car crash, one that kept getting worse throughout the day. First, the OpenAI board dropped a bombshell with the announcement that it had ousted CEO Sam Altman after finding he was “not consistently candid in... Read more ›
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Most popular sources
Business Insider
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33% 3 |
Tech Wire Asia
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12% 4 |
CNET
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8% 2 |
Tom's Hardware
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6% 3 |
TechRadar
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6% 5 |
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29.11.2024 05:26
Last update: 05:21 EDT.
News rating updated: 12:22.
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