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 âș
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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 âa new advanced AI research team.â 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 âș
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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 âș
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Sam Altman wonât return as CEO of OpenAI, despite efforts by the companyâs 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 âș
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Microsoft, OpenAIâs biggest backer, is considering taking a role on the board if ousted CEO Sam Altmanâs returns to the ChatGPT developer, according to two people familiar with the talks. Microsoft could either take a seat on OpenAIâs board of directors, or as a board observer without voting power, one of the people said. The discussions are part of an effort by OpenAIâs big backers and senior leadership to reinstate... Read more âș
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Two days after OpenAIâs board of directors fired him, Sam Altman joined executives at the companyâs 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. OpenAIâs former chairman and president, Greg... Read more âș
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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 developerâs lead, OpenAI competitors learned the jaw-dropping news: the startupâs 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 boardâs decision put pressure on the board to reverse its decision. But... Read more âș
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OpenAI is âoptimisticâ it can bring back Sam Altman, Greg Brockman and other key employees who departed in the wake of Altmanâs 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 âș
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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 âș
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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, Brockmanâwho was removed as chairman of... Read more âș
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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 âș
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Meta Platforms has split up a team responsible for understanding and preventing harms associated with the artificial intelligence technology itâs 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 Metaâs generative... Read more âș
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New subscribers can get three months on us with our Black Friday offer, available through November 26. Youâll save 25% on an annual subscription, which gives you unlimited access to our journalism, org charts, events, newslettersâand, 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 Altmanâs apparent firing from OpenAI? Yeah, me too. Two years ago,... Read more âș
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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 companyâs 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 âș
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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 ânot consistently candid in... Read more âș
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OpenAIâs ouster of CEO Sam Altman on Friday followed internal arguments among employees about whether the company was developing artificial intelligence safely enough, according to people with knowledge of the situation. Such disagreements were high on the minds of some employees during an impromptu all-hands meeting following the firing. Ilya Sutskever, a co-founder and board member at OpenAI who was responsible for limiting societal harms from its AI, took a... Read more âș
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OpenAI President Greg Brockman, who helped launch the artificial intelligence developer and has been key to developing ChatGPT and other core products, has resigned, according to a person with knowledge of the situation. The move came after the company's board fired CEO Sam Altman earlier Friday. Brockman was a member of the six-person board that fired Altman, after which the board said in a blog post that Altman had not... Read more âș
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OpenAI Interim CEO Mira Murati on Friday told staff in a companywide meeting that its relationship with Microsoftâits biggest outside source of capital and computing powerâwas stable following the sudden firing of CEO Sam Altman, according to people with knowledge of the meeting. Microsoft CEO Satya Nadella and CTO Kevin Scott expressed âutmost confidenceâ in OpenAI following the unexpected news, Murati said, according to these people. Microsoftâs leaders were blindsided... Read more âș
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Within minutes of meeting Amanda Bradford, founder of dating app The League, I had to bring up the companyâs did-they-really-just-say-that subway ads. âDate someone with a 5-year plan that makes you want to ovulateâ one reads; âAchieve multiple goalgasmsâ suggests another. Covering three New York stationsâColumbus Circle, West Fourth and Bedford Avenueâthe innuendo-laden black-and-white posters have provoked a flurry of criticism and general mockery online. I asked if the blowback... Read more âș
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Amid the Israeli militaryâs siege of Gaza in late October, Ali, an Arab American tech investor, decided to send a letter to over 200 of his firmâs portfolio founders, fellow investors and other work contacts. He began the letter by saying he was outraged by the Hamas terror attacks of October 7 and he prayed for the safe return of every hostage. Ali, who requested that his real name be... Read more âș
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01.04.2026 08:37
Last update: 08:31 EDT.
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