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Most employees at OpenAI have demanded that former CEO Sam Altman be reinstated after the company’s board fired him on Friday. Microsoft said late Sunday that it hired Altman to lead a new advanced artificial-intelligence research team. Photo: Justin Sullivan/Getty ImagesTop investors and senior OpenAI leaders were still pushing to reinstate Sam Altman to his CEO role at OpenAI as the future of the artificial-intelligence company remained in jeopardy. The talks continued as much of OpenAI’s staff threatened Monday to quit if the board didn’t restore Altman to power, according to people familiar with the matter. Meanwhile, OpenAI’s rivals were making public overtures to any disgruntled employees at the startup company behind the viral chatbot ChatGPT.

Persons: Sam Altman, Altman, Justin Sullivan Organizations: OpenAI, Microsoft Locations: OpenAI

More than 700 OpenAI employees have demanded that former CEO Sam Altman be reinstated after the company’s board fired him on Friday. Photo: Justin Sullivan/Getty ImagesThe future of OpenAI was in jeopardy Monday, as the vast majority of employees threatened to quit if the board that fired the company’s CEO, Sam Altman , didn’t resign itself and restore him to power. Microsoft CEO Satya Nadella said late Sunday that the company was hiring Altman and Greg Brockman , OpenAI’s president who resigned in protest after Altman was ousted, and was opening its doors to more joining from the company behind viral chatbot ChatGPT.

Persons: Sam Altman, Justin Sullivan, OpenAI, didn’t, Satya Nadella, Altman, Greg Brockman Organizations: Microsoft

Sam Altman’s bid to return to artificial intelligence company OpenAI faltered on Sunday, as the board that fired him didn’t agree to the proposed terms of his reinstatement. Photo: Patrick T. Fallon/Agence France-Presse/Getty ImagesSAN FRANCISCO—Microsoft said it is hiring Sam Altman to helm a new advanced artificial-intelligence research team, after his bid to return to OpenAI fell apart Sunday with the board that fired him declining to agree to the proposed terms of his reinstatement. Microsoft Chief Executive Satya Nadella posted on X (formerly Twitter) late Sunday that Altman and Greg Brockman , OpenAI’s president and co-founder who resigned Friday in protest over Altman’s ouster, will lead its team alongside unspecified colleagues. Nadella said Microsoft was committed to its partnership with OpenAI and that it would move quickly to provide Altman and Brockman with “the resources needed for their success.”

Persons: Sam Altman’s, OpenAI, Patrick T, Sam Altman, Satya Nadella, Altman, Greg Brockman, Nadella, Brockman, ” Organizations: Fallon, Agence France, Microsoft, OpenAI

Sam Altman’s bid to return to artificial intelligence company OpenAI faltered on Sunday, as the board that fired him didn’t agree to the proposed terms of his reinstatement. Photo: Patrick T. Fallon/Agence France-Presse/Getty ImagesSAN FRANCISCO— Sam Altman ’s bid to return to OpenAI after being ousted Friday faltered late Sunday, as the board that fired him refused to agree to the proposed terms of his reinstatement and quietly found someone else to take Altman’s spot. Emmett Shear, former chief executive of Twitch, was named interim CEO, according to people with knowledge of the matter. Altman was shocked by the decision, previously feeling confident he would be able to return to the company he co-founded, according to a person familiar with his thinking.

Persons: Sam Altman’s, OpenAI, Patrick T, Sam Altman ’, Emmett Shear, Altman Organizations: Fallon, Agence France

Former OpenAI Chief Executive Sam Altman has told allies that he wants a new board and governance structure if he returns to the company. Photo: patrick t. fallon/Agence France-Presse/Getty ImagesSAN FRANCISCO—Two days after Sam Altman was ousted from OpenAI, he was back at the company’s office, trying to negotiate his return. The former chief executive officer entered with a guest badge on Sunday and posted on X: “first and last time i ever wear one of these.”

Persons: Sam Altman, patrick, ” Organizations: OpenAI, fallon, Agence France

In an email to staff reviewed by Reuters, Cruise CEO Kyle Vogt also said the firm would make a new tender offer to allow employees to sell shares, just two days after cancelling an earlier offer. "As CEO, I take responsibility for the situation Cruise is in today. Vogt also noted that the company's approach to working with regulators, press and the public "must improve." Cancelling the program helped to cut costs for GM after it had to pause Cruise operations. Cruise has said it showed officials of the California DMV the complete video of the accident multiple times and provided a copy to officials.

Persons: Heather Somerville, Cruise, Kyle Vogt, Vogt, We've, Greg Bensinger, Hyunjoo Jin, David Shepardson, Cynthia Osterman, Tom Hogue Organizations: General Motors Corp, REUTERS, General Motors, Reuters, Cruise, Cruisers, GM, California Department of Motor Vehicles, California DMV, Thomson Locations: San Francisco, California, U.S, United States, Washington

OpenAI said co-founder Sam Altman is leaving as chief executive. Mira Murati, chief technology officer at the artificial-intelligence company, will serve as interim CEO. Photo: David Paul Morris/Bloomberg NewsOpenAI ’s investors are making efforts to bring back Sam Altman , the chief executive officer who was ousted Friday, the latest development in a fast-moving chain of events at the artificial-intelligence company behind ChatGPT. Altman is thinking about returning but has told investors that if he does return, he wants a new board and governance structure, people familiar with the matter said. He has separately discussed starting a company that would bring on former OpenAI employees, including several who quit in protest over his ouster.

Persons: OpenAI, Sam Altman, Mira Murati, David Paul Morris, Altman Organizations: Bloomberg, ChatGPT

The exact reason for Sam Altman’s firing as CEO of OpenAI remains unclear. Photo: andrew caballero-reynolds/Agence France-Presse/Getty ImagesOpenAI ’s investors are making efforts to bring back Sam Altman , the chief executive who was ousted Friday, said people familiar with the matter, the latest development in a fast-moving chain of events at the artificial-intelligence company behind ChatGPT. Altman is considering returning but has told investors that he wants a new board, the people said. He has also discussed starting a company that would bring on former OpenAI employees, and is deciding between the two options, the people said.

Persons: Sam Altman’s, andrew caballero, reynolds, Sam Altman, Altman Organizations: Agence France, ChatGPT

☆ Sam Altman Is Out at OpenAI After Board Skirmish
▼ + stars: | 2023-11-18 | by ( Deepa Seetharaman | Berber Jin | ) www.wsj.com time to read: 1 min

OpenAI unexpectedly pushed out co-founder Sam Altman as chief executive officer, saying he wasn’t being “consistently candid in his communications” following a series of clashes over the company’s direction with some members of the artificial-intelligence company‘s board. The startup said Friday its board concluded after a review that Altman’s actions, which it didn’t specify, were “hindering its ability to exercise its responsibilities.” The company’s statement, unusually candid for such a situation, said: “The board no longer has confidence in his ability to continue leading OpenAI.”

Persons: OpenAI, Sam Altman, ”

NAPLES, Fla. (AP) — Nasa Hataoka had a strong start and Amy Yang had a hot finish, finishing with a share of the lead in the CME Group Tour Championship with 18 holes left and $2 million on the line. Hataoka set the pace early with five birdies in her first 11 holes and finished with a 65. I think the best is to just concentrate on my round and just keep that out of my mind and just do my golf.”Alison Lee, who came into the LPGA finale with a Ladies European Tour win and two runner-up finishes on the LPGA Tour, tried to keep pace. Hataoka has six LPGA titles, all within the last five years, and the 24-year-old from Japan rode a hot putter to give herself a chance. Nelly Korda tried to stay close, making her first hole-in-one on the LPGA Tour at the par-3 eighth.

Persons: Nasa Hataoka, Amy Yang, Yang, Hataoka, ”, ” Hataoka, ” Alison Lee, “, Lee, ” Xiyu Lin, Ruoning Yin, Minjee Lee, ” Yin, ” Tiburon, Jin Young Ko, Nelly Korda, Lilia Vu, Brooke Henderson, Atthaya Thitikul, ” Korda, “ It’s, Celine Boutier, Boutier, ___ Organizations: Nasa, European, LPGA Tour, LPGA, Tiburon Golf, Women's, Hataoka, PGA, ” Locations: NAPLES, Fla, Tiburon, America, South Korea, Thailand, Japan, Canada

☆ Sam Altman Is Out at OpenAI; Mira Murati Will Be Interim CEO
▼ + stars: | 2023-11-17 | by ( Deepa Seetharaman | Berber Jin | ) www.wsj.com time to read: 1 min

OpenAI pushed out co-founder Sam Altman as chief executive officer, saying he wasn’t being “consistently candid in his communications” with the artificial-intelligence company‘s board. The startup said Friday that its board concluded after a review that Altman’s actions, which it didn’t specify, were “hindering its ability to exercise its responsibilities.” The company’s statement, unusually candid for such a situation, said: “The board no longer has confidence in his ability to continue leading OpenAI.”

Persons: OpenAI, Sam Altman, ”

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company?s headquarters in San Francisco, California, U.S., September 26, 2018. In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the company will re-evaluate the employee equity program in light of the suspension, which "pushed out our commercialization and revenue generation timelines." The regulator said Cruise had not initially disclosed all video footage of an Oct. 2 accident where Cruise's car dragged a pedestrian in San Francisco. The unlisted Cruise unit last year introduced the equity program under which current and former employees can sell their vested equity to GM and other investors every quarter. Asked about the Thursday's email from Vogt, a Cruise spokesperson said, "GM and Cruise are working together on what competitive compensation packages at Cruise will look like going forward."

Persons: Heather Somerville, Kyle Vogt, Cruise, Sam Abuelsamid, Vogt, Hyunjoo Jin, Greg Bensinger, David Shepardson, Jonathan Oatis, Matthew Lewis, Daniel Wallis Organizations: General Motors Corp, REUTERS, General Motors, GM, Reuters, Cruise, California Department of Motor Vehicles, United Auto Workers, UAW, Thomson Locations: San Francisco , California, U.S, California, San Francisco, California , Arizona, Washington

☆ North Korea vows more offensive response to US 'threats' -KCNA
▼ + stars: | 2023-11-15 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

Song Kyung-Seok/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - North Korea on Thursday criticised a recent visit to South Korea by top U.S. defence officials and vowed more "offensive" responses to what it called military threats from the United States and its allies, state media reported. During Austin's visit, South Korea and the United States revised a bilateral security agreement aimed at deterring North Korea's advancing nuclear and missile threats. South Korea's defence ministry said the revision was necessary because the existing strategy did not adequately address rapid advancements in North Korea's missile and nuclear programs. Austin's visit followed U.S. Secretary of State Antony Blinken's trip to South Korea last week. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Defense Lloyd Austin, South Korean Defense Minister Shin Won, sik, Kyung, Defense Lloyd Austin's, Austin's, Antony Blinken's, Jin, Yoko Kamikawa, Soo, hyang Choi, Chris Reese, Cynthia Osterman, Gerry Doyle Organizations: Defense, South Korean Defense Minister, United Nations Command, UNC, Defense Ministry, REUTERS Acquire, Rights, DPRK, Democratic People's, United, Pentagon, U.S . State Department, U.S . Defense Security Cooperation Agency, South Korean Foreign, Thomson Locations: South Korea, Seoul, Rights SEOUL, North Korea, United States, Defense Lloyd Austin's Seoul, DPRK, Democratic People's Republic of Korea, Korea, Republic of, Russia, San Francisco

☆ Khosla Ventures Closes In on $3 Billion for Venture Funds, Defying Startup Slump
▼ + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com time to read: 1 min

At WSJ’s Tech Live conference, venture capitalist Vinod Khosla discusses the pros and cons of investing in AI technology. Photo: Nikki Ritcher for The Wall Street JournalKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures last raised $1.85 billion three years ago.

Persons: Vinod Khosla, Nikki Ritcher Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures

☆ Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds
▼ + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com time to read: 1 min

Persons: Vinod Khosla, Nikki Ritcher, OpenAI Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures

☆ Dollar firm ahead of US inflation data; yen hovers near one-year low
▼ + stars: | 2023-11-13 | by ( Brigid Riley | ) www.reuters.com time to read: +2 min

The Japanese yen remained vulnerable, hovering not far from a one-year low against the greenback as markets remained on watch for possible intervention by Tokyo. The dollar index , which measures the dollar against a basket of currencies, was last mostly flat at 105.80. There was little relief for the yen, however, which has come under pressure from rising U.S. Treasury yields and continued dollar strength. The Japanese currency was trading around 151.58 yen against the dollar on Monday, just under a one-year low of 151.74 hit at the end of October. Elsewhere, sterling stood at $1.2228 to the dollar, firm ahead of UK average weekly earnings data on Tuesday and a CPI reading on Wednesday.

Persons: Dado Ruvic, Jerome Powell, Lenny Jin, Jin, Moody's, Tony Sycamore, Brigid Riley, Shri Navaratnam Organizations: REUTERS, Rights, Federal Reserve, greenback, Global FX, HSBC, U.S, CPI, Treasury, IG, Bank of Japan, Thomson Locations: United States, Tokyo, U.S, New York

Pederson dropped three shots over her final seven holes at Pelican Golf Club as the wind picked up late in the morning. “It got a little bit more windy out there and my back nine was not as I hoped,” Pederson said. “I hit a few uncommitted golf shots that I'm a little bit mad at myself about. Political Cartoons View All 1240 Images“Obviously, I know where I am at the CME,” Pederson said. So I’m just trying to focus on putting together a good day, a good hole, good shot every day.

Persons: Emily Kristine Pederson, Annika, Pederson, ” Pederson, “, ” Minami, Jasmine Suwannapura, I’ve, I’m, it’s, Lexi Thompson, Lydia Ko, Thompson, Ko, Jin Young Ko, ___ Organizations: LPGA, Pelican, Solheim, CME Globe, CME Locations: Fla, Danish, ” Minami Katsu, Japan, Thailand, Spain, Florida, Naples, Las Vegas

☆ Ukraine war live updates: Putin expected to avoid war theme in likely 2024 election campaign; Kyiv grateful for support amid global upheaval
▼ + stars: | 2023-11-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

U.S. Secretary of State Antony Blinken speaks during a press conference after participating in G7 ministerial meetings in Tokyo, Japan, November 8, 2023. U.S. Secretary of State Antony Blinken said on Thursday he shared South Korean concerns about growing military cooperation between North Korea and Russia, which he called a "two-way street" involving arms flows and technical support. "We have real concerns about any support for North Korea's ballistic missile programs, for its nuclear technology, for its space launch capacity," Blinken told a press conference in the South Korean capital. North Korean weapons have reportedly appeared in use in Gaza, and the United States and allies have condemned what they say is the flow of arms and military equipment from North Korea to Russia for use in Ukraine. North Korea and Russia have denied any arms deals though their leaders pledged closer military cooperation when they met in September in Russia's far east.

Persons: Antony Blinken, Park Jin, Blinken, — Organizations: South Korean Foreign, Japan Locations: Tokyo, Japan, North Korea, Russia, Gaza, United States, Ukraine, Russia's

[1/2] U.S. Secretary of State Antony Blinken waves as he arrives ahead of meetings in Seoul, at Osan Air Base, South Korea, November 8, 2023. Blinken arrived in South Korea late on Wednesday after attending a meeting of G7 foreign ministers in Tokyo. They will discuss a response to the growing military cooperation between Pyongyang and Moscow and North Korea's suspected supply of arms to Russia for use against Ukraine. North Korea is preparing to launch a spy satellite after having failed twice this year to put one in orbit. South Korea's spy agency said last week North Korea was in the final stages of preparations for the launch after apparently receiving technical assistance from Russia.

Persons: Antony Blinken, Jonathan Ernst, Blinken, Yoon Suk, Jin, Jack Kim, Soo, Choi, Ed Davies, Lincoln Organizations: Osan Air Base, REUTERS, Rights, South, Foreign, Ukraine, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, Russia, Israel, Gaza, Tokyo, Blinken's, Asia, India, East . Washington, U.S, Pyongyang, Moscow, North, United States, Japan, Russia's, Washington, Ukraine, Korea, South

BELLEAIR, Fla. (AP) — Brooke Henderson was bothered by seeing so many low scores before she even teed off Thursday on the LPGA Tour. She just went out and putted for birdie on every hole, opening with an 8-under 62 for a one-shot lead in The Annika. “To hit all 18 greens is more what I used to be used to a little while ago,” the Canadian said. Political Cartoons View All 1239 ImagesThis is the last tournament for the top 60 players to reach the season-ending CME Group Tour Championship down the coast in Naples. “I just went into the day knowing I had to make birdies,” Thompson said.

Persons: — Brooke Henderson, Annika, Henderson, Jin Young Ko, Patty Tavatanakit, hasn’t, ”, “, ” Henderson, hasn't, That's, Ko, “ I’ve, ” Tavatanakit, I’m, Emily Kristine Pedersen, Minami Katsu, Katsu, Lexi Thompson, ” Thompson, Nelly Korda, Lydia Ko, ___ Organizations: LPGA, CME Globe, Pelican Golf, PGA Tour Locations: Fla, Florida, Naples, Japan, Las Vegas

☆ Google researchers deal a major blow to the theory AI is about to outsmart humans
▼ + stars: | 2023-11-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

The race to build AI as smart as humans, or AGI, looks like it suffered a major blow. Google researchers found the transformer technology behind AI isn't very good at generalizing. AdvertisementAdvertisementGoogle researchers may have just given a major reality check to the ambitions of CEOs in chase of AI's holy grail. As it stands, AI is pretty good at specific tasks but less great at transferring skills across domains like humans do. AdvertisementAdvertisementTransformers' opacity and the scale of the data they're pretrained on gave some the illusion that they generalize beyond it.

Persons: —, Steve Yadlowsky, Nilesh Tripuraneni, they've, Pedro Domingos, AGI, Satya Nadella, Sam Altman, Arvind Narayanan, Jin Fan, G5mBuX6O36, Jim Fan, Domingos, it's, — Pedro Domingos, @pmddomingos, Sharon Zhou Organizations: Service, University of Washington, Microsoft, Nvidia, Google Locations: LLMs, Princeton, AGI

Angel Au-YeungAngel Au-Yeung is a reporter in The Wall Street Journal's finance bureau. Her stories explore how some of the largest financial institutions and investors influence corporate America and Main Street. She joined the Journal from Forbes, where she was a staff writer. During her five years at Forbes, she won two Society for Advancing Business Editing and Writing awards. She is co-writing a biography about Tony Hsieh, which will be published by Henry Holt & Co., an imprint of Macmillan Publishers.

Persons: Angel, Angel Au, Tony Hsieh, Henry Holt Organizations: Forbes, Society, Henry Holt & Co, Macmillan Publishers Locations: America, Russian

☆ China industry minister: industrial economy stabilises, NEV shines in Jan-Sept period
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +1 min

SHANGHAI, Nov 4 (Reuters) - China's industry minister said the country's industrial economy stablised and recovered in the first three quarters of 2023 and the new energy sector, such as electric cars, shined. "In the fourth quarter, we are confident the industrial economy will keep the recovery momentum," said Jin Zhuanglong, China's Minister of Industry and Information Technology, in an interview with China state television CCTV. China's industrial output in September grew 4.5% from a year earlier, matching the pace in August, as policy support measures stabilised some parts of the world's second-largest economy. Overseas markets remain an important growth area, although an EU probe into China-made EVs may put a damper on exports. Reporting by Jason Xue and Ryan Woo; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Jin Zhuanglong, Jin, Jason Xue, Ryan Woo, Michael Perry Organizations: China's, Industry, Information Technology, Overseas, EU, Thomson Locations: SHANGHAI, China

☆ Tech Giants Spend Billions on AI Startups—And Get Just as Much Back
▼ + stars: | 2023-11-03 | by ( Berber Jin | Tom Dotan | ) www.wsj.com time to read: 1 min

Amazon is investing $4 billion into Anthropic which committed to spending the same amount on AWS, the tech giant’s cloud platform, over the next five years. Photo: NOAH BERGER/REUTERSAmazon , Google and Microsoft have spent the past year investing billions of dollars in artificial-intelligence startups—while also charging those fledgling companies a similar amount to use their cloud platforms. The deals are making the big tech firms both the largest backers and most direct beneficiaries of these startups, reflecting how some of the AI boom’s biggest rewards keep going to the most powerful players. The value of the tech giants’ stakes could shoot up if the startups take off. And if not, they still will have turned chunks of cash into revenue.

Persons: NOAH BERGER Organizations: Amazon, REUTERS, Google, Microsoft

☆ The AI Deals Enriching Silicon Valley’s Tech Giants
▼ + stars: | 2023-11-03 | by ( Berber Jin | Tom Dotan | ) www.wsj.com time to read: 1 min

Persons: NOAH BERGER Organizations: Amazon, REUTERS, Google, Microsoft

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