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☆ Emmett Shear, who ran OpenAI for 72 hours before Sam Altman's return was confirmed, says he's 'deeply pleased' about the news
▼ + stars: | 2023-11-22 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Emmett Shear was CEO of OpenAI for 72 hours before Sam Altman's return was announced. Bloomberg reported that Shear had participated in talks between the OpenAI board and Altman. On Wednesday, Shear said he was "deeply pleased" with Altman's return. The company announced Altman's return in a Wednesday post on X, less than a week after its board ousted him. Shear indicated that those discussions led to Altman's return.

Persons: Emmett Shear, Sam Altman's, Shear, Altman, —, Sam Altman, Altman's, OpenAI, He'd, Satya Nadella, hadn't, he'd, Bret Taylor, Taylor, Larry Summers, Adam D'Angelo Organizations: Bloomberg, Service, Microsoft Locations: OpenAI, Twitch

☆ Sam Altman's return to OpenAI doesn't necessarily mean a return to normalcy
▼ + stars: | 2023-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 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 Sam Altman returning to the helm of OpenAI. Less than five days after his shocking ouster, Sam Altman is set to return to OpenAI as its CEO. Microsoft's CEO Satya Nadella, a key figure in the past few days' drama, comes out a winner. By helping to reinstall Altman at OpenAI, he stabilizes a key piece of Microsoft's AI strategy.

Persons: —, NASA's James Webb, Sam Altman, JACK GUEZ, OpenAI, Altman, we're, Bret Taylor, Larry Summers, Taylor, Adam D'Angelo, Greg Brockman, OpenAI's confounder, They've, Tim Paradis, Satya Nadella, Kevin Scott, Insider's Ashley Stewart, Julie Bort, Darrin Zammit Lupi, Patrick T, Fallon Rivian, Elon Musk's, Jack Dorsey, Amr Bo Shanab, Madison, they're, Vladimir Putin, Billie Jean King, Jamie Lee Curtis, Scarlett Johansson, Hailey Bieber, John Deere, LongeviQuest's Ben Meyers, Yumi Yamamoto, Fabrizio Villatoro, Jack SteerLo, Fusa Tatsumi, they've, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NASA's James Webb Space Telescope, Getty, Silicon, Business, Microsoft, REUTERS, Elon, Madison Ave Locations: OpenAI, AFP, OpenAI's, India, New York City, San Diego, London, New York

Bret Taylor, formerly co-CEO of Salesforce, and Larry Summers, former U.S. Treasury Secretary, will join Quora CEO and current director Adam D'Angelo, OpenAI said. Altman said in a post on X, "i'm looking forward to returning to openai." In a statement on X, Microsoft CEO Satya Nadella welcomed the changes to OpenAI's board. In a post on X, Shear celebrated the late-night outcome Tuesday, which he said followed "~72 very intense hours of work." Following this show of solidarity, Altman wrote on X: "we have more unity and commitment and focus than ever before."

Persons: Sam Altman, Bret Taylor, Larry Summers, Adam D'Angelo, OpenAI, Altman, Satya Nadella, Altman's, OpenAI's, Emmett Shear, Sam Altman's, Susannah Streeter, Hargreaves Lansdown, Shear, Greg Brockman, Brockman, Jeffrey Dastin, Tanna, Bansari, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Sam Holmes Organizations: Microsoft, U.S . Treasury, Quora, Hargreaves, Reuters, Thomson Locations: openai, San Francisco, Bengaluru

Sam Altman will return as CEO of OpenAI, the startup said early Wednesday morning on X, formerly known as Twitter. The move follows immense pressure from employees and investors on the board that ousted him less than a week ago. Former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers will join OpenAI's board, the Microsoft-backed startup said, with Taylor holding the chair position. Adam D'Angelo, co-founder and CEO of question-and-answer startup Quora, will remain on the board. That followed an announcement late Sunday that OpenAI had hired ex-Twitch CEO Emmett Shear as Altman's interim replacement.

Persons: Sam Altman, Salesforce, Bret Taylor, Larry Summers, Taylor, Adam D'Angelo, OpenAI, Ilya Sutskever, Altman, Satya Nadella, Greg Brockman, Emmett Shear, Mira Murati, msft, Nadella, Sam, Greg, OAI Organizations: OpenAI, Twitter, Microsoft, Tiger, Sequoia Capital Locations: openai

☆ Microsoft was preparing its San Francisco offices with MacBooks and HR on standby to welcome defecting OpenAI employees, then Sam Altman rejoined as CEO
▼ + stars: | 2023-11-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Microsoft was preparing to bring on OpenAI employees who were ready to quit after Sam Altman's departure. However, Altman announced he was returning as OpenAI's CEO on Wednesday morning. AdvertisementMicrosoft was getting ready to welcome hundreds of OpenAI employees to its offices in San Francisco before Sam Altman returned as OpenAI's CEO on Wednesday, according to reporting from CNBC and Axios . Altman announced his return as OpenAI's CEO on Wednesday morning on X after reaching an agreement with the company. OpenAI staff showed unwavering support for Altman after he was fired.

Persons: Sam Altman's, Altman, —, Sam Altman, Satya Nadella, Nadella, Axios, wasn't Organizations: Microsoft, San Francisco, Service, CNBC Locations: San Francisco

☆ Some Microsoft employees fume over the company's open offer to hire hundreds of OpenAI staff
▼ + stars: | 2023-11-22 | by ( Ashley Stewart | Julie Bort | ) www.businessinsider.com time to read: +2 min

When Microsoft CTO Kevin Scott said the company would hire hundreds of OpenAI employees and match their current compensation, some Microsoft workers were furious. For existing Microsoft workers, 2023 was a year in which they feared for their jobs and their pay. In an open letter, nearly all of OpenAI's workforce said "Microsoft has assured us that there are positions for all OpenAI employees." Scott confirmed the offer in a post on X, writing that all OpenAI employees had "a role at Microsoft" and that the software giant would match their OpenAI compensation. However, the damage to morale among some Microsoft employees has already been done.

Persons: Kevin Scott, Satya Nadella, OpenAI, Sam Altman, Nadella, he'd, Altman, Greg Brockman, Scott Organizations: Microsoft, Business

Overnight, OpenAI announced that it had an “agreement in principle” to reinstall Sam Altman as C.E.O., while the board members who pushed him out are departing. The news was greeted rapturously by the ChatGPT creator’s employees, most of whom had threatened to quit and join Altman at Microsoft. Altman and those focused more on commercializing the technology came out ahead of those worried about its apocalyptic potential. Gone are Tasha McCauley, Helen Toner and Ilya Sutskever, three of the four directors who ousted Altman. That board will help select a bigger permanent one, according to The Verge, which may include representation for Microsoft, OpenAI’s biggest investor.

Persons: OpenAI, Sam Altman, Altman, Tasha McCauley, Helen Toner, Ilya Sutskever, Bret Taylor, Larry Summers, Adam D’Angelo, Satya Nadella, Microsoft’s, ” Organizations: Microsoft, Treasury Locations: Silicon

At his startup Log10, Bansal oversees the production of tools that third-party developers can use to build LLM-powered applications. Since the OpenAI drama unfolded, Bansal told CNBC the startup's instability was a reason customers cited. A spokesperson for OpenAI declined to comment but said the startup's services are working again following three hours of issues. One founder of an AI startup, who asked not to be named in order to discuss internal matters, said he uses multiple application program interfaces from OpenAI and has considered switching to offerings from Anthropic, the AI startup founded by former OpenAI executives with backing from Amazon and Google . The source, who previously worked alongside Shear, said Shear is "very smart" and admires his integrity.

Persons: Jaap Arriens, Sam Altman, Arjun Bansal, Bansal, Altman, Emmett Shear, Satya Nadella, OpenAI, Greg Brockman, There's, Shear, he's, Martin Kon, Kon, Anthropic, Srinivas Narayanan, Steven Heidel, Nadella, CNBC's Jon Fortt Organizations: Nurphoto, CNBC, Microsoft, Amazon, Google Locations: OpenAI, LLMs, Anthropic

Sam Altman, CEO of ChatGPT maker OpenAI, attends an open dialogue with students at Keio University in Tokyo, Japan June 12, 2023. The nonprofit board overseeing the maker of the popular ChatGPT chatbot sent shock waves through Silicon Valley on Friday by abruptly firing Chief Executive Sam Altman. The trust that controls the candymaker agreed in 2016 to replace certain board members after the Pennsylvania attorney general challenged the trust's spending. Under OpenAI's bylaws, only directors can remove or elect new board members. Board members can sue other board members, either directly or on behalf of the organization, for failing to exercise their duties, said Reid.

Persons: Sam Altman, OpenAI, Issei Kato, chatbot, Satya Nadella, Alexander Reid, Darryll Jones, OpenAI's, Reid, Ilya Sutskever, Altman, Greg Brockman, Sutskever, Anthropic, Jody Godoy, Tom Hals, Matthew Lewis Organizations: Keio University, REUTERS, Microsoft, Hershey Co, Florida, M University, U.S . Internal Revenue Service, Reuters, OpenAI, Thomson Locations: Tokyo, Japan, Silicon Valley, Pennsylvania, U.S, New York

☆ OpenAI had a confusing week. Who came out on top? And who lost out?
▼ + stars: | 2023-11-22 | by ( Brian Fung | ) edition.cnn.com time to read: +6 min

But in other ways, the agreement is still a watershed moment for OpenAI and the artificial intelligence field writ large. Who came out on topSam Altman: A clear winner in the whole debacle is, of course, Altman himself. With some of the apparent architects of Altman’s ouster being pushed out themselves, a casualty of the affair may be the perspectives that those board members espoused. Emmett Shear, whom the board named OpenAI’s interim CEO for all of two days, has also expressed similar worries. In the fallout of the leadership crisis, some have argued that the outcome is also a defeat for effective altruism, the movement with which some OpenAI board members are said to be affiliated.

Persons: Sam Altman, Altman, bungled, that’s, Satya Nadella, OpenAI, Nadella, we’re, ” Nadella, Bret Taylor, Larry Summers, Nathan Laine, Hollie Adams, Taylor isn’t, He’s, Elon Musk, Summers, Who, OpenAI’s, Gabby Jones, Emmett Shear Organizations: CNN, Microsoft, Bloomberg, Getty, Facebook, Twitter, Harvard University Locations: OpenAI, Brooklyn, New York

☆ Wait, was Sam Altman fired over ... vibes?
▼ + stars: | 2023-11-22 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +2 min

Sam Altman has returned to OpenAI as CEO, but the details of exactly why the board pushed him out in the first place are still a mystery. They said that Altman wasn't candid, and often got his way. From that description, it sounds like the board really couldn't pinpoint exactly what was wrong, other than some sort of ~bad vibes~. (And the board couldn't even name them!) But ultimately, they did have a point: In the end, Altman got his way.

Persons: Sam Altman, Satya Nadella, hadn't, Emmett Shear, Altman Organizations: Microsoft, Street

☆ How Meta could benefit from the OpenAI shakeup
▼ + stars: | 2023-11-22 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

It could help Meta boost its open-source Llama AI initiatives, as some companies look to diversify away from relying on a single company's large language model. Its AI research team is considered, with Alphabet's DeepMind, one of the most esteemed groups in the tech industry. Yann LeCun, Meta's AI chief, responded to the post with a curt "Yup." Meta could benefit if companies continue to seek multiple AI vendors, much like firms now rely on multiple cloud providers. The more developers access and improve Llama, the more Meta can potentially lower its overall operating and technology research costs, among other benefits.

Persons: Mark Zuckerberg, Sam Altman's, There's, Satya Nadella, Altman, Nadella, Zuckerberg, Meta, Alphabet's DeepMind, MSFT, Yann LeCun, curt, Yup, Sam Altman Organizations: Microsoft, Meta, Technologists, Twitter, CNBC

☆ OpenAI Turmoil Leaves Some CIOs Questioning the AI Powerhouse’s Future
▼ + stars: | 2023-11-21 | by ( Isabelle Bousquette | ) www.wsj.com time to read: 1 min

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. Altman, left, appears onstage with Microsoft CEO Satya Nadella at OpenAI’s first developer conference, on Nov. 6 in San Francisco. Photo: Barbara Ortutay/Associated PressSome chief information officers are questioning the viability of ChatGPT maker OpenAI following the unexpected ouster of chief executive Sam Altman on Friday, his subsequent hire by Microsoft and an unresolved threat by hundreds of OpenAI workers to quit and follow him there. “Long-term viability of any platform is important when making decisions,” said Todd Florence, chief information officer of Estes Express Lines, a Richmond, Va.-based trucker. “Friday certainly calls that into question in regards to OpenAI.”

Persons: Sam Altman, OpenAI, Altman, Satya Nadella, Barbara Ortutay, “, ”, Todd Florence Organizations: Microsoft, OpenAI’s, Associated Press, OpenAI, Estes Express Locations: San Francisco, Richmond, Va

The Nasdaq boasted its highest closing level since July 31 while the S&P 500 registered its highest close since Aug. 1. Its biggest boost came from Microsoft (MSFT.O) shares which touched a record high and ended up 2%. The benchmark S&P 500 (.SPX) ended less than 1% below its 2023 closing peak reached in late July. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The S&P 500 posted 29 new 52-week highs and one new low; the Nasdaq Composite recorded 78 new highs and 90 new lows.

Persons: Bristol Myers, Satya Nadella, Sam Altman, Greg Brockman, Bruce Zaro, Dow, Brendan McDermid, Germany's Bayer, decliners, Sinéad Carew, Amruta, Maju Samuel, Pooja Desai, Richard Chang Organizations: Microsoft, Bristol, Dow, Nasdaq, Nasdaq's, Nvidia, Apple, Granite Wealth Management, Dow Jones, Federal, New York Stock Exchange, REUTERS, Graphics, Traders, Bristol Myers Squibb, Sunday, Boeing, Deutsche Bank, NYSE, Thomson Locations: Providence , Rhode Island, New York City, U.S, Thursday's U.S, New York

☆ Why it was so easy for OpenAI's board to fire Sam Altman, one of the most influential CEOs in tech
▼ + stars: | 2023-11-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

OpenAI's board of directors fired Sam Altman, the man behind ChatGPT, in a shock move on Friday. OpenAI's board announced Friday that Altman is out saying it "no longer has confidence in his ability to continue leading OpenAI." The board consisted of six people including OpenAI's president and cofounder Greg Brockman, OpenAI's chief scientist Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner and Sam Altman himself. He pointed out that even CEOs are "at-will employees," at US companies, but that OpenAI's board "behaved like a bunch of kids" and "erratically" in this instance. Most of OpenAI's board members don't own shares in the company, including Sam Altman himself who chose not to take any equity in, which ultimately limited his power and influence.

Persons: Sam Altman, ChatGPT, OpenAI's, —, Altman, Greg Brockman, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Brockman, John Bates, It's, they've, Satya Nadella, Kara Swisher's, Bates, Marissa Mayer, X, Mayer, Mark Zuckerberg, Zuckerberg, what's Organizations: Microsoft, Service, Cambridge University, Google, Meta Locations: British

☆ Semafor's Reed Albergotti on how Microsoft CEO Satya Nadella won the OpenAI saga
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor's Reed Albergotti on how Microsoft CEO Satya Nadella won the OpenAI sagaReed Albergotti, Semafor technology editor, joins 'Squawk Box' to discuss the latest developments in the OpenAI saga, why he believes Microsoft CEO Satya Nadella emerged as the winner, and more.

Persons: Semafor's Reed Albergotti, Satya Nadella, Reed Albergotti

☆ Ilya Sutskever's U-turn on ousting Sam Altman came after Greg Brockman's wife cried and asked him to change his mind: WSJ
▼ + stars: | 2023-11-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

OpenAI's Ilya Sutskever had a dramatic reversal regarding the ousting of his cofounder, Sam Altman. The U-turn came after an emotional plea from cofounder Greg Brockman's wife, the WSJ reported. His change of heart came after conversations with staff and with OpenAI cofounder Greg Brockman's wife, The Wall Street Journal reported, citing people familiar with the matter. Anna Brockman — who married Greg Brockman in 2019 — cried and pleaded with Sutskever to change his mind, per the WSJ. Anna Brockman did not immediately respond to a request for comment from Business Insider, sent through Greg Brockman and outside regular business hours.

Persons: OpenAI's Ilya Sutskever, Sam Altman, Greg Brockman's, Sutskever, —, Ilya Sutskever, OpenAI, we've, Anna Brockman —, Greg Brockman, It's, Altman, Greg, Anna Brockman's, @ilyasut, cfSvY7uniV — Greg Brockman, OpenAI's cofounders, Elon Musk, Satya Nadella, Brockman, Anna Brockman Organizations: Service, Street Journal, OpenAI, Twitter, Google, Microsoft, Business 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

☆ OpenAI board, Altman in talks for return of former CEO - Bloomberg News
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

Sam Altman, CEO of OpenAI, attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Talks are happening between Altman and at least one board member, Quora CEO Adam D'Angelo, the report said. Altman could return as a director on a transitional board and the talks also involve some investors of the artificial intelligence startup. But things appeared fluid, as Microsoft CEO Satya Nadella told media on Monday "irrespective of where Sam is, he's working with Microsoft" and that governance at OpenAI needed to change. Other than Quora's D'Angelo, OpenAI's four-person board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever as of Friday.

Persons: Sam Altman, Carlos Barria, Altman, Adam D'Angelo, Greg Brockman, Satya Nadella, Sam, Brockman, Nadella, Emmett Shear, Quora's D'Angelo, OpenAI's, Tasha McCauley, Helen Toner, Ilya Sutskever, Akash Sriram, Chavi Mehta, Devika Syamnath, Arun Koyyur Organizations: OpenAI, Economic Cooperation, REUTERS, Microsoft, Bloomberg, CNBC, Reuters, Thomson Locations: Asia, San Francisco , California, U.S, OpenAI, Bengaluru

☆ Both the CEO of OpenAI and the biggest investor of OpenAI still don't seem to know why Sam Altman was fired
▼ + stars: | 2023-11-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Even so, both still seem to not know why Sam Altman was really fired. He told OpenAI employees the same thing on Sunday evening, The Verge reported. The workers who did show up were told Altman was booted because he'd been accused of giving two staffers the same project. However the OpenAI drama ends, Altman has promised he'll continue to work with the company "some way or other." Press teams for Microsoft and OpenAI did not immediately respond to requests for comment from BI sent outside regular business hours.

Persons: Satya Nadella, Emmett Shear, Sam Altman, Nadella, Shear, —, Altman, OpenAI, Sam, Greg Brockman, it's, Altman's, he's, Kali Hays, he'd, Hays, Anthropic, he'll Organizations: Service, Microsoft, Bloomberg, San, The Washington Post, Press, BI Locations: OpenAI, San Francisco

☆ OpenAI's new CEO once compared working for Microsoft to selling his soul. It'll now be his biggest investor.
▼ + stars: | 2023-11-21 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementIf Sam Altman needs advice on what working at Microsoft is like , he can ask Emmett Shear, the man who replaced him. OpenAI's new boss previously said working at Microsoft, which has invested upward of $10 billion in the AI startup, was like selling his soul. The Twitch cofounder was appointed interim OpenAI CEO on Sunday night , after negotiations to bring back Sam Altman fell through. AdvertisementIn the same post, he said that Sam Altman and Greg Brockman would be joining Microsoft to head up a new AI team. OpenAI and Microsoft did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Emmett Shear, Sam Altman, —, OpenAI's, Shear, Altman, Satya Nadella, Nadella, Greg Brockman Organizations: Microsoft, Service, Bloomberg, Business Locations: OpenAI

☆ Satya Nadella says Microsoft 'will definitely have a place for all AI talent' in the wake of OpenAI drama
▼ + stars: | 2023-11-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Satya Nadella says Microsoft welcomes AI talent who want to leave OpenAI. "We will definitely have a place for all AI talent to come here," he said on Kara Swisher's podcast. AdvertisementMicrosoft CEO Satya Nadella says his company is open to taking in AI talent who want to leave OpenAI following the ouster of its former CEO Sam Altman. Emmett Shear, the former CEO of Twitch, was named the new interim CEO of OpenAI on the same day. AdvertisementRepresentatives for Microsoft and OpenAI did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: Satya Nadella, Kara Swisher's, Sam Altman, —, Greg Brockman, Emmett Shear, Altman, Nadella, Kara Swisher, Marc Benioff, Silvio Savarese, Benioff, OpenAI Organizations: Service, Microsoft, Salesforce, Business Insider Locations: OpenAI

☆ Sam Altman inspired a mass defection at OpenAI — something Steve Jobs never did at Apple
▼ + stars: | 2023-11-21 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Sam Altman's ouster has been so unpopular that most OpenAI workers have threatened to quit. The chaotic ouster of Sam Altman from OpenAI offers lessons around corporate stewardship and about seizing opportunity . It's a remarkable and uncommon show of support for a top dog at a company, leadership experts told Business Insider. Young, leadership expert and author of "Kissinger's Betrayal: How America Lost the Vietnam War" told BI. "Emotions and personalities play a much greater role in the small company," he said.

Persons: Sam Altman's, —, didn't, Sam Altman, It's, Satya Nadella, Altman, Jamie Dimon, Warren, Jeff Bezos, Jerry McGuire, Jeffrey Sonnenfeld, Sonnenfeld, who's, Steve Jobs, it's, Ken Frazier, Merck, Indra Nooyi, Marc Benioff, Benioff, Stephen B . Young, Young Organizations: Service, OpenAI, JPMorgan, Yale School of Management, Yale's, Leadership, Apple, PepsiCo Locations: Salesforce, Vietnam

☆ CNBC Daily Open: Record highs for Microsoft and Nvidia
▼ + stars: | 2023-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Stephen Brashear | Getty Images News | Getty ImagesThis 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. What you need to know todayThe bottom lineAll the turmoil at OpenAI over the weekend turned out pretty well — for Sam Altman and Microsoft , at least. The appointment sent Microsoft shares to a new high. Meanwhile, at another corner of the technology industry, anticipation over Nvidia's earnings report later today pushed the chipmaker's shares up to a record high.

Persons: Satya Nadella, Stephen Brashear, Sam Altman, Altman's, Dan Ives, Ives, Altman, Brockman, we've, — CNBC's Sophie Kiderlin Organizations: Getty, CNBC, Microsoft, Wedbush Securities, Nadella, Nvidia, Dow Jones, Nasdaq Locations: Bellevue , Washington

☆ 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

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