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☆ CNBC Daily Open: A Thanksgiving lull
  + stars: | 2023-11-23 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Last burst before a breakU.S. stocks ended Wednesday in positive territory before going on break today for Thanksgiving. Jack Ma pauses plansAlibaba founder Jack Ma is pausing his plans to sell Alibaba shares. Last week, regulator filings revealed Ma was looking to sell around $870 million worth of Alibaba shares.
Persons: Treasurys, Europe's, Jeremy Hunt, Altman's, Sam Altman, Helen Toner, Tasha McCauley, Ilya Sutskever —, Altman, Bret Taylor, Larry Summers, Adam D'Angelo, Nansen, hasn't, Changpeng Zhao, Jack Ma, Ma, Alibaba Organizations: New York Stock Exchange, CNBC, Finance, U.S, Treasury Locations: New York City, U.S
☆ Microsoft exec says OpenAI employees can join with same compensation
  + stars: | 2023-11-21 | by ( Ashley Capoot | In | ) www.cnbc.com   time to read: +2 min
Microsoft CTO Kevin Scott on Tuesday offered to match compensation for the hundreds of employees at OpenAI who are threatening to resign following Sam Altman's sudden ouster as CEO. "Know that if needed, you have a role at Microsoft that matches your compensation and advances our collective mission." But, the comment gives some clarity to what Microsoft is willing to pay employees and how many it would hire. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman, who resigned as OpenAI's president, and their colleagues would join Microsoft as part of a new AI research group. More than 600 OpenAI employees then signed a letter to the company's board and threatened to join their former boss at Microsoft unless the members resigned.
Persons: Kevin Scott, Sam Altman's, Sam Altman, Scott, Altman, Satya Nadella, Greg Brockman, Nadella, Brockman, OpenAI, Emmett Shear, Ilya Sutskever —, — Adam D'Angelo, Tasha McCauley, Helen Toner, Sutskever, Jordan Novet Organizations: Research, Microsoft, CNBC Locations: OpenAI
☆ OpenAI staff are putting their visas at risk to get Sam Altman back as CEO
  + stars: | 2023-11-21 | by ( Tom Carter | ) www.businessinsider.com   time to read: +3 min
700 OpenAI employees have signed a letter threatening to quit if Sam Altman isn't reinstated as CEO. Some of them say they are on work-dependent visas, which they could lose if they are forced to quit. It's a sign of how much loyalty Altman has inspired among staff. AdvertisementOpenAI's employees are calling on the company's board to bring back Sam Altman — and some are even willing to put their visas at risk to get him back as CEO. A number of senior OpenAI employees are already expected to follow Altman and ex-OpenAI president Greg Brockman to Microsoft.
Persons: Sam Altman isn't, It's, Altman, —, Sam Altman —, Sam Altman, Mira Murati, Ilya Sutskever —, Reiichiro Nakano, Boris Power, Emmett Shear, Greg Brockman, Satya Nadella, Kara Swisher, OpenAI Organizations: Service, Microsoft, Business
☆ Chaos at OpenAI ensues
  + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.
Persons: —, Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London
☆ Meet OpenAI cofounder Ilya Sutskever. He supported, then regretted ousting Sam Altman
  + stars: | 2023-11-20 | by ( Jordan Hart | Aaron Mok | ) www.businessinsider.com   time to read: +1 min
Ilya Sutskever, chief scientist at OpenAI, has apologized for his role in Sam Altman's ousting. Sutskever and Altman co-founded OpenAI in 2016 with the help of Elon Musk. AdvertisementOpenAI's Ilya Sutskever — who cofounded OpenAI with Sam Altman in 2015 — played a role in kicking the now-former CEO out of the company. But a few days later, Sutskever expressed his remorse for being involved in ousting Altman. AdvertisementHere's how Sutskever went from working at Google to a leading role at OpenAI.
Persons: Ilya Sutskever, Sam Altman's, Sutskever, Altman, Elon Musk, —, Ilya Sutskever —, Sam Altman, appointes Altman Organizations: Elon, Service, Google Locations: OpenAI
☆ Not so fast: Sam Altman is reportedly still angling to pull a 'Steve Jobs' and return to OpenAI
  + stars: | 2023-11-20 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
Sam Altman and Greg Brockman are open to returning to OpenAI — if the board step down, The Verge reports. AdvertisementEx-OpenAI leaders Sam Altman and Greg Brockman are reportedly considering going back to OpenAI — if the board members who ousted Altman decide to step down. Their apparent consideration, reported by The Verge, comes days after OpenAI ousted Altman. I never intended to harm OpenAI," Sutskever wrote in an X post on Monday. Some people are now saying Sam Altman could see a similar — though compressed — situation: being fired by the board and coming back wrapped in glory.
Persons: Sam Altman, Greg Brockman, Altman, Brockman, Ilya Sutskever, —, OpenAI, Ilya Sutskever —, Sutskever, we've, Steve Jobs, Justin Sullivan, OpenAI —, Microsoft didn't, Jobs Organizations: Microsoft, Service, Apple
☆ Elon Musk says the risk of advanced AI is so high that the public needs to know why OpenAI fired Sam Altman
  + stars: | 2023-11-19 | by ( Kenneth Niemeyer | ) www.businessinsider.com   time to read: +2 min
OpenAI fired its CEO Sam Altman on Friday. Elon Musk said that OpenAI should explain why it fired Altman, citing AI's potential dangers. Musk previously said he left the OpenAI board in 2018 over safety concerns. AdvertisementElon Musk said that the potential danger of AI is so great that OpenAI, the most powerful artificial intelligence company in the world right now, should disclose the reason it fired CEO Sam Altman. It's worth noting, though, that Musk's own AI company will likely only benefit from the current chaos at OpenAI.
Persons: OpenAI, Sam Altman, Elon Musk, Altman, —, David Sacks, Elon, Musk, Ilya Sutskever — Organizations: Service, CNBC
☆ VCs weigh in on the chaos unfolding at OpenAI, rallying behind ousted CEO Sam Altman: 'I hope the board can get its act together'
  + stars: | 2023-11-19 | by ( Samantha Stokes | Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
OpenAI's board ousted Sam Altman, its chief executive, on Friday. AdvertisementVCs this weekend have one message for Sam Altman — we're with you. In another X post, he called on OpenAI's board to explain in more detail why they fired Altman. Advertisement"We are grateful for Sam's many contributions to the founding and growth of OpenAI," the board said in a statement. "So I hope the board can get its act together and bring Sam and Greg back."
Persons: OpenAI's, Sam Altman, —, Sam Altman —, Mira Murati, Altman, Vinod Khosla —, OpenAI —, Sam, David Sachs, OpenAI, ChatGPT —, Ilya Sutskever —, Sutskever, Jason Kwon, Altman's, He's, Greg Bockman, Jessica Livingston, Greg, Sam retakes OpenAI Organizations: Altman, Service, Khosla Ventures, Ventures, Microsoft Locations: Silicon, Silicon Valley, @OpenAI
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