DIRS.INFO The most relevant business & tech news

☆ Sam Altman is done playing nice with Elon Musk
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Read previewWhen it comes to OpenAI, Elon Musk is not afraid to go for the jugular. He addressed his personal relationship with Musk directly in a memo sent to employees shortly after the lawsuit was filed. Though he said he'd considered Musk a personal hero, he expressed disappointment that Musk wasn't on OpenAI's side. AdvertisementThe Journal reported cited people close to Musk, who said Musk was jealous of OpenAI's success in the AI race. Representatives for Musk and Altman did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon Musk, Sam Altman, Altman, Greg Brockman, Ilya Sutskever, OpenAI, execs, we've, Lex Fridman, Musk, Kara Swisher, he'd Organizations: Service, OpenAI, Business, Microsoft, Elon, Street Journal, Musk Locations: Elon

☆ There's one signature on OpenAI's clapback against Elon Musk that people are buzzing about
▼ + stars: | 2024-03-06 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Ilya Sutskever, chief scientist at OpenAI, signed the company's response to a lawsuit brought by Elon Musk. After Altman's return, Sutskever was removed from OpenAI's board, with his future at the company uncertain. AdvertisementAfter OpenAI's board fired Altman, Musk defended Sutskever on X , writing, "Ilya has a good moral compass and does not seek power. Sutskever figures prominently in OpenAI's response to the Musk lawsuit, which includes several email exchanges between Musk, Sutskever, Altman, and Greg Brockman, another OpenAI cofounder. Given Sutskever's role in drafting OpenAI's response to the lawsuit, it is unlikely that Musk's offer of employment still stands.

Persons: Ilya Sutskever, Elon Musk, Sutskever, Sam Altman's, —, Elon, Sam Altman, Altman, Ilya, Altman's, OpenAI, Musk, Greg Brockman Organizations: Service, Microsoft Locations: OpenAI

☆ Elon Musk's private emails reveal he pushed to make OpenAI part of Tesla
▼ + stars: | 2024-03-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

In the AI company's bombshell blog posted Tuesday night, OpenAI claimed Musk, who helped found OpenAI, "wanted the company to merge with Tesla or wanted full control." The blog post was a response to Musk's suit, which argues that OpenAI has jeopardized its nonprofit mission by partnering with Microsoft. In an attempt to set the record straight, OpenAI posted a series of emails from Musk that appear to show Musk supported OpenAI's pivot toward creating a for-profit entity. According to OpenAI's post, Musk wanted majority equity, board control, and to be CEO. AdvertisementMusk has been speaking out against OpenAI for a while, but recently ramped up his criticism of its mission.

Persons: —, OpenAI, Musk, Ilya Sutskever, Tesla, we've Organizations: Service, Elon, Tesla, Business, Microsoft, Apple, Google, xAI Corp, Musk, OpenAI

☆ Sam Altman tells staff OpenAI investigation will 'soon' close, as employees brace for more surprises
▼ + stars: | 2024-03-05 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

Inside OpenAI, Sam Altman is still approachable and friendly to staff, even though many of them are realizing how little they know about how the company operates. Altman responded simply that it would be "over soon," supplying staff with no other detail, according to two people who witnessed the exchange. The internal investigation nearing its end was also reported by the Wall Street Journal and The New York Times. Such a lack of candor with employees is a more recent development for Altman, one of the people familiar noted. Although OpenAI employees are paid well, many workers are increasingly concerned about how much risk they're assuming.

Persons: Sam Altman, Altman, Slack, OpenAI, Andrej Karpathy, Karpathy, Ilya Sutskever, OpenAI's, Sutskever, Greg Brockman, Jakub Pachoki, Kali Hays Organizations: Service, Wall Street, The New York Times, SEC, Fund, Street, Microsoft, OpenAI Locations: OpenAI, Karpathy, khays@insider.com

Musk takes aim at OpenAIThe gloves have really come off in one of the most personal fights in the tech world: Elon Musk has sued OpenAI and its C.E.O., Sam Altman, accusing them of reneging on the start-up’s original purpose of being a nonprofit laboratory for the technology. Yes, Musk has disagreed with Altman for years about the purpose of the organization they co-founded and he is creating a rival artificial intelligence company. But the lawsuit also appears rooted in philosophical differences that go to the heart of who controls a hugely transformative technology — and is backed by one of the wealthiest men on the planet. The backstory: Musk, Altman and others agreed to create OpenAI in 2015 to provide an open-sourced alternative to the likes of Google, which had bought the leading A.I. start-up DeepMind the year before.

Persons: Elon Musk, OpenAI, Sam Altman, Musk, Altman, Ilya Sutskever Organizations: Google

☆ Elon Musk sues OpenAI and CEO Sam Altman for breach of contract
▼ + stars: | 2024-03-01 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

Musk, who co-founded OpenAI in 2015, has since left and has formed his own AI company, xAI. Musk is asking for a jury trial and for the company, Altman and co-founder Greg Brockman to pay back the profit they received from the business. But Altman, Brockman and Chief Scientist Ilya Sutskever in 2019 formed OpenAI LP, a for-profit entity that exists within the larger company’s structure. Musk’s complaint said that company and its partnership with Microsoft violated OpenAI’s charter, representing a breach of contract. “Where some like Mr. Musk see an existential threat in AGI, others see AGI as a source of profit and power,” the complaint stated.

Persons: CNN — Elon Musk, OpenAI, Sam Altman, ChatGPT, Musk, Altman, Greg Brockman, Brockman, Ilya Sutskever, “ Organizations: CNN, Microsoft, “ Locations: AGI

☆ OpenAI's nonprofit arm showed revenue of $45,000 last year, even though company is worth billions
▼ + stars: | 2023-12-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

That's from the nonprofit parent's 990 filing with the Internal Revenue Service, a form that has to be filled out by organizations wishing to maintain their tax-exempt status. Thad Calabrese, a professor of public and nonprofit financial management at New York University, said OpenAI's current status is confusing, and is unlike anything he has seen in the nonprofit world. He said OpenAI could give up its nonprofit status, and he cited the Blue Cross Blue Shield Association, which in 1994 allowed associated nonprofit medical insurance plans to switch into for-profit entities. An OpenAI spokesperson didn't respond to a question about whether the organization is considering giving up its nonprofit status. Unlike OpenAI, Mozilla never raised money from venture and corporate investors, who expect returns on their investments.

Persons: Sam Altman, OpenAI's financials, OpenAI, That's, PlainSite, Altman, Helen Toner, Tasha McCauley, Ilya Sutskever, Thad Calabrese, Calabrese, didn't, Mark Surman, Surman, Altman's, hasn't, Bret Taylor Organizations: Internal Revenue Service, CNBC, New York University, Shield Association, Mozilla Foundation, Mozilla Corporation, Mozilla, Microsoft, Duke University Locations: California

☆ McDonald's is in the midst of some big changes that show the changing tides in the world of fast food
▼ + stars: | 2023-12-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.

Persons: —, I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York

☆ Ex-OpenAI director Reid Hoffman says we still don't 'fully know' why board forced out Altman
▼ + stars: | 2023-12-05 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Three weeks after OpenAI's board briefly pushed out CEO Sam Altman without providing a specific reason for its decision, former director Reid Hoffman says he's still puzzled by what took place and why. He stepped down from OpenAI's board in March and said he hasn't spoken with any of the board members, though he said he did communicate with Altman. Microsoft CEO Satya Nadella offered to hire Altman, OpenAI president Greg Brockman and their colleagues in a new advanced AI research group. "I do think that we're in a much better place in the world" to have Altman in the CEO seat again, Hoffman said. WATCH: Sam Altman returns as OpenAI CEO and Microsoft secures nonvoting board seat

Persons: Sam Altman, Reid Hoffman, he's, Hoffman, Altman, OpenAI, Ilya Sutskever, Altman wasn't, Helen Toner, Adam Selipsky, Microsoft's, Satya Nadella, Greg Brockman, quickliy, isn't Organizations: LinkedIn, Bloomberg, New York Times, Reuters, Yorker, Microsoft, Benz Locations: San Francisco, Las Vegas

☆ Meta and IBM launch alliance advocating 'open science' approach to AI, putting them at odds with rivals like Google and OpenAI
▼ + stars: | 2023-12-05 | by ( Associated Press | ) www.businessinsider.com time to read: +7 min

Meta and IBM have launched an alliance that's calling for an "open science" approach to AI development. Facebook parent Meta and IBM on Tuesday launched a new group called the AI Alliance that's advocating for an "open science" approach to AI development that puts them at odds with rivals Google, Microsoft and ChatGPT-maker OpenAI. AdvertisementPart of the confusion around open-source AI is that despite its name, OpenAI — the company behind ChatGPT and the image-generator DALL-E — builds AI systems that are decidedly closed. An increasingly public debate has emerged over the benefits or dangers of adopting an open-source approach to AI development. Biden's order described open models with the technical name of "dual-use foundation models with widely available weights" and said they needed further study.

Persons: —, they're, That's, Darío Gil, Alliance —, Gil, OpenAI, Ilya Sutskever, there's, David Evan Harris, Harris, Oppenheimer, Camille Carlton, Yann LeCun, LeCun, fearmongering, Chris Padilla, Joe Biden's, Gina Raimondo Organizations: Meta, IBM, Google, Microsoft, Service, Tech, Alliance, Dell, Sony, AMD, Intel, Associated Press, Stanford University, University of California, for Humane Technology, Frontier Model, Windows, Commerce, European Locations: Berkeley

These two diverging camps — the open and the closed — disagree about whether to build AI in a way that makes the underlying technology widely accessible. "So it’s not like a thing that is locked in a barrel and no one knows what they are.”Political Cartoons View All 1277 ImagesWHAT'S OPEN-SOURCE AI? Part of the confusion around open-source AI is that despite its name, OpenAI — the company behind ChatGPT and the image-generator DALL-E — builds AI systems that are decidedly closed. An increasingly public debate has emerged over the benefits or dangers of adopting an open-source approach to AI development. Weights are numerical parameters that influence how an AI model performs.

Persons: they’re, That's, ”, Darío Gil, Alliance —, ” Gil, OpenAI, Ilya Sutskever, there's, David Evan Harris, Harris, “, Oppenheimer ’, Camille Carlton, Yann LeCun, LeCun, fearmongering, ” LeCun, Chris Padilla, Joe Biden's, Gina Raimondo Organizations: Tech, Meta, IBM, Alliance, Google, Microsoft, Dell, Sony, AMD, Intel, Associated Press, Stanford University, University of California, for Humane Technology, Frontier Model, Windows, Commerce, European Locations: Berkeley

☆ Opinion | Sam Altman, Sugarcoating the Apocalypse
▼ + stars: | 2023-12-02 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

My favorite “Twilight Zone” episode is the one where aliens land and, in a sign of their peaceful intentions, give world leaders a book. Government cryptographers work to translate the alien language. They decipher the title — “To Serve Man” — and that’s reassuring, so interplanetary shuttles are set up. But as the cryptographers proceed, they realize — too late — that it’s a cookbook. It was founded in 2015 as a nonprofit to serve man, to keep an eye on galloping A.I.

Persons: —, — Sam Altman, Elon Musk, Ilya Sutskever, Greg Brockman —, A.I, Mary Shelley Organizations: San Locations: San Francisco

☆ Sam Altman said he was hurt and angry after OpenAI ousting – but had to get over ego and emotions to discuss his return
▼ + stars: | 2023-11-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Sam Altman said he was reluctant about returning to OpenAI, but that feeling was "not for long." He told The Verge he first had to get over his "ego and emotions" after being ousted as CEO. Altman said his immediate reaction was one of being "hurt and angry" and that "this sucks." Altman said the feeling was "not for long," though, and first he had to "get over the ego and emotions" to discuss the possibility of resuming his role. And my immediate reaction was sort of one of defiance, it was like, 'Man, I'm hurt and angry, and I think this sucks'," Altman told The Verge.

Persons: Sam Altman, Altman, —, I'd, — Sam Altman, OpenAI, Ilya Sutskever, Ilya, OpenAI didn't Organizations: Service, OpenAI, Business Locations: OpenAI

☆ Sam Altman says he harbors 'zero ill will' towards former OpenAI board member Ilya Sutskever
▼ + stars: | 2023-11-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

OpenAI's Sam Altman says he has "zero ill will" towards cofounder Ilya Sutskever. Sutskever, a former OpenAI board member, had previously voted to fire Altman as CEO. AdvertisementOpenAI CEO Sam Altman says he has no hard feelings towards former board member Ilya Sutskever. Besides reinstating Altman, OpenAI welcomed a new initial board comprising Bret Taylor, Larry Summers, and Adam D'Angelo. Taylor, who is OpenAI's new board chair, said on Wednesday that OpenAI backer Microsoft would be given a non-voting board observer seat.

Persons: OpenAI's Sam Altman, Ilya Sutskever, Altman, Sutskever, —, Sam Altman, Ilya, Sutskever didn't, Sam, Alex Weingarten, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Taylor Organizations: Service, New York Times, The Times, Microsoft, Business Insider Locations: OpenAI

☆ A former OpenAI board member says Sam Altman's firing wasn't 'motivated by a desire to slow down OpenAI's work'
▼ + stars: | 2023-11-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Former OpenAI board member Helen Toner has announced her resignation. Toner said that the board wasn't trying to slow down OpenAI's work by firing CEO Sam Altman. AdvertisementFormer OpenAI board member Helen Toner says the board wasn't trying to stifle the company's progress by removing CEO Sam Altman. Though there has been speculation, we were not motivated by a desire to slow down OpenAI’s work. AdvertisementAside from bringing back Altman, OpenAI welcomed a new initial board comprising Bret Taylor, Larry Summers, and Adam D'Angelo.

Persons: Helen Toner, Toner, Sam Altman, Altman, —, wasn't, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Taylor, Tasha McCauley, Ilya Sutskever . Organizations: Service, Georgetown University's Center for Security, Emerging Technology, Microsoft, Business Insider Locations: OpenAI's

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 29 (Reuters) - Microsoft will take a non-voting, observer position on OpenAI's board, CEO Sam Altman said in his first official missive after taking back the reins of the company on Wednesday. The observer position means Microsoft's representative can attend OpenAI's board meetings and access confidential information, but it does not have voting rights on matters including electing or choosing directors. The new OpenAI board is on an active search for six new members with expertise in fields from technology to safety and policy. OpenAI's chief scientist Ilya Sutskever will no longer be part of the board, Altman said. Apart from Altman, Brockman, Sutskever, D'Angelo, OpenAI's previous board consisted of entrepreneur Tasha McCauley, Helen Toner, director of strategy at Georgetown's Center for Security and Emerging Technology.

Persons: Dado Ruvic, Sam Altman, Satya Nadella, Altman, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Mira Murati, Greg Brockman, Greg, Ilya Sutskever, Sutskever, Ilya, Brockman, D'Angelo, OpenAI's, Tasha McCauley, Helen Toner, Akanksha, Krystal Hu, Sayantani Ghosh, Stephen Coates Organizations: REUTERS, Microsoft, U.S . Treasury, Reuters, Georgetown's Center for Security, Emerging Technology, Thomson Locations: OpenAI, Bengaluru, New York, San Francisco

☆ OpenAI officially announces Sam Altman has returned as CEO and Microsoft gains a non-voting board seat
▼ + stars: | 2023-11-29 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Twelve days after OpenAI fired Sam Altman as CEO, the company formally announced that it has hired him back. OpenAI called the new board “initial,” signaling that it will add more directors in the future. Altman, in a company blog post, thanked the previous board that fired him for their contributions to the company. In a post on X, Altman acknowledged “real misunderstandings” between him and members of the board. “For my part, it is incredibly important to learn from this experience and apply those learnings as we move forward as a company,” Altman wrote on X.

Persons: OpenAI, Sam Altman, Bret Taylor, Larry Summers, Adam D’Angelo, Altman, Greg Brockman, Satya Nadella, Mira Murati, Murati, Twitch, Emmett Shear, —, Brockman, Ilya Sutskever, Sustkever, Ilya, ” Altman, OpenAI didn’t, “, ” Organizations: New, New York CNN, Microsoft Locations: New York, OpenAI

☆ Nvidia CEO Jensen Huang says artificial general intelligence will be achieved in five years
▼ + stars: | 2023-11-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Nvidia CEO Jensen Huang said AGI will be reached in five years during the 2023 NYT DealBook Summit. Huang defined AGI as tech that exhibits basic intelligence "fairly competitive" to a normal human. Still, he admitted that AI technology is not quite there yet despite its rapid progress. AdvertisementJensen Huang, the CEO of Nvidia — one of the companies that is fueling the AI revolution — predicts that we may be able to see artificial general intelligence, or AGI, within the next five years. "Software can't be written without AI, chips can't be designed without AI, nothing's possible," he concluded on the point of AI's potential.

Persons: Jensen Huang, Huang, —, Andrew Ross Sorkin, Ross Sorkin, Sorkin, Ilya Sutskever, Ian Hogarth, John Carmack, Demis Hassabis, Nvidia didn't Organizations: Nvidia, Service, New York Times DealBook, AIs, OpenAI

☆ Elon Musk thinks OpenAI may have made a dangerous discovery — and that's behind the Sam Altman drama
▼ + stars: | 2023-11-29 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Elon Musk said he's concerned OpenAI discovered a "dangerous element" of AI. The billionaire said he has "mixed feelings" about OpenAI CEO Sam Altman. AdvertisementElon Musk has some theories about why Sam Altman was initially ousted from OpenAI. Musk added that he wanted to know why OpenAI cofounder and chief scientist Ilya Sutskever "felt so strongly as to fight Sam. "He really sweats it over questions of what is right," Musk told Sorkin.

Persons: Elon Musk, OpenAI, Sam Altman, Musk, —, Andrew Sorkin, Sam, Ilya Sutskever, they've, It's, Altman, Kali Hays, he'd, Sutskever, backtrack, Sorkin, Ilya, OpenAI's ChatGPT Organizations: Service, OpenAI, CNBC

☆ Sam Altman enters his power era
▼ + stars: | 2023-11-25 | by ( Michael Cogley | Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

A failed coup at OpenAI saw Sam Altman return as CEO and stronger than ever. The botched coup of OpenAI chief executive Sam Altman has seemingly reinforced his power. Even more astonishingly, Altman lacks the one obvious lever of power that keeps founder-CEOs like Mark Zuckerberg in power: controlling shares in his company. "He's really, really, really good at both being understood, but also understanding and asking thoughtful questions." They acted in their best interest," one OpenAI staffer posted on Blind, a social network site where employees can post anonymously.

Persons: Sam Altman, Altman, —, Mark Zuckerberg, Eduard Cristea, — Mira Murati, Satya Nadella, Greg Brockman, Vinod Khosla, Dan Siroker, Paul Graham, Holofy's, Cristea, Sam, OpenAI, would've, Altman OpenAI, Ilya Sutskever, we've, — Ilya Sutskever, Sutskever, Ilya, we'd, it's Organizations: Service, Microsoft, Stanford, New York Times Locations: OpenAI, Silicon Valley, Silicon

☆ Everyone's talking about OpenAI's Q*. Here's what you need to know about the mysterious project.
▼ + stars: | 2023-11-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

A mysterious new OpenAI model known as Q* has got the tech world talking. AI experts say the model could be a big step forward but is unlikely to end the world anytime soon. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAs the dust settles on the chaos at OpenAI, we still don't know why CEO Sam Altman was fired — but reports have suggested it could be linked to a mysterious AI model. Dr Andrew Rogoyski, a director at the Surrey Institute for People-Centered AI, told BI that solving unseen problems was a key step towards creating AGI.

Persons: —, Sam Altman, OpenAI, Ilya Sutskever, Charles Higgins, Sophia Kalanovska, Kalanovska, we've, Andrew Rogoyski, Gary Marcus, Marcus Organizations: Service, Reuters, Surrey Institute for People, AIs, Business Locations: OpenAI

☆ OpenAI's offices were sent thousands of paper clips in an elaborate prank to warn about an AI apocalypse
▼ + stars: | 2023-11-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

An employee at rival Anthropic sent OpenAI thousands of paper clips in the shape of their logo. The prank was a subtle jibe suggesting OpenAI's approach to AI could lead to humanity's extinction. Anthropic was formed by ex-OpenAI employees who split from the company over AI safety concerns. AdvertisementOne of OpenAI's biggest rivals played an elaborate prank on the AI startup by sending thousands of paper clips to its offices. AdvertisementAnthropic was founded by former OpenAI employees who left the company in 2021 over disagreements on developing AI safely.

Persons: Anthropic, —, Nick Bostrom, Bostrom, OpenAI, Sam Altman, Altman, Ilya Sutskever, Sutskever Organizations: Service, OpenAI's, Anthropic, Wall Street, Microsoft, Business Locations: Francisco

☆ Yes, Sam Altman is back as OpenAI's CEO, but we still have lots of unanswered questions
▼ + stars: | 2023-11-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +7 min

We now know Sam Altman's returning to the company after being fired, but we are still very confused. AdvertisementSam Altman is set to return as CEO of OpenAI after one of the most confusing weeks in Silicon Valley history. Why was Sam Altman suddenly fired as CEO of OpenAI? Ilya Sutskever, OpenAI's chief scientist who was rumored to play a central role in Sam Altman's ousting, was committed to AI safety. Commentators had speculated that Microsoft would be after an OpenAI board seat — or at least a more formalized communication system — in the wake of the fallout.

Persons: It's, Sam Altman's, —, Sam Altman, Greg Brockman, Altman, Alistair Barr, Yann LeCun —, Ilya Sutskever, OpenAI, ChatGPT, Adam D'Angelo, Satya Nadella, Nadella, Brockman, Kara Swisher, OpenAI should've, would've, Sam, Elon Musk, Peter Welinder Organizations: Service, Microsoft, OpenAI, Big Tech, Bloomberg, The New York Times, Atlantic, Ofc Locations: OpenAI, Silicon Valley

☆ 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

☆ Opinion | The Unsettling Lesson of the OpenAI Mess
▼ + stars: | 2023-11-22 | by ( Ezra Klein | ) www.nytimes.com time to read: +3 min

In my reporting, the best explanation I’ve heard for the board’s decision, as poorly communicated as it was, is that it fired Altman for the precise reason it said it fired Altman. “It would be wise to view any investment in OpenAI Global LLC in the spirit of a donation,” it warned. Satya Nadella, Microsoft’s chief executive, didn’t have the power to stop OpenAI’s board from firing Altman, but he did have the power to render the action hollow. He announced a new advanced innovations division, to be led by Altman (and the OpenAI president Greg Brockman, who resigned in solidarity with Altman) and staffed by any OpenAI employees who’d like to join. By Wednesday, Altman was back as chief executive of OpenAI and all but one of the board members had resigned.

Persons: I’ve, Altman, ”, OpenAI, Helen Toner, ” OpenAI, Satya Nadella, didn’t, Greg Brockman, weirdly, Ilya Sutskever, who’d, —, Meta’s Organizations: Microsoft, Google, OpenAI

Search resuls for: "Ilya Sutskever"

25 mentions found