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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

☆ Larry Summers and Bret Taylor are joining OpenAI's board as Sam Altman returns
▼ + stars: | 2023-11-22 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +5 min

Sam Altman is set to return to OpenAI, with a new board in place, the company announced Wednesday. Former board members Ilya Sutskever, Helen Toner, and Tasha McCauley are out. AdvertisementSam Altman is set to return to OpenAI with a new board that includes Bret Taylor, Larry Summers, and Adam D'Angelo, the company announced in an X post Wednesday. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. — OpenAI (@OpenAI) November 22, 2023The shakeup sees the departure of former board members Ilya Sutskever, Helen Toner, and Tasha McCauley.

Persons: Sam Altman, Larry Summers, Bret Taylor, Adam D'Angelo, Ilya Sutskever, Helen Toner, Tasha McCauley, —, OpenAI, Greg Brockman, Altman, they've, Bret Taylor Taylor, Taylor, Clay Bavor, who'd, Larry Summers Larry Summers, He's, @LaurenceParisot, aLKph9WEla — Lawrence H, Summers, Adam D'Angelo D'Angelo, D'Angelo, Kara Swisher, Emmett Shear, Quora, Poe Organizations: Service, Microsoft, Google, Facebook, Twitter, Elon, Google Labs, LinkedIn, Harvard, Bloomberg, GZERO Media Locations: Salesforce, Paris

☆ 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

☆ Ilya Sutskever did not attend OpenAI's party celebrating Sam Altman's return as CEO
▼ + stars: | 2023-11-22 | by ( Kali Hays | ) www.businessinsider.com time to read: +2 min

Ilya Sutskever was nowhere to be found Tuesday night at the impromptu party OpenAI staff threw to celebrate the return of Sam Altman as CEO. Sutskever was directly involved in Altman's abrupt removal as CEO last Friday by OpenAI's board, of which Sutskever was a member. With Altman now back leading the company, a new smaller board in place, and additional members imminent, staff are unsure if Sutskever will return at all. Another person familiar with both men thinks it is possible Sutskever could return and mend fences, however unlikely. Greg Brockman, OpenAI's president and another co-founder who quit in solidarity with Altman, is less magnanimous, the person said.

Persons: Ilya Sutskever, Sam Altman, Altman, Alex Weingarten, Willkie Farr, Gallagher, Ilya, Sam, Weingarten, Sutskever, OpenAI's, it's what's, Greg Brockman, Brockman Organizations: The, Business

☆ VCs didn't care about OpenAI's weird board structure. It was all about investing in Sam Altman and its 'transformative' tech.
▼ + stars: | 2023-11-22 | by ( Madeline Renbarger | Vishal Persaud | ) www.businessinsider.com time to read: +5 min

OpenAI's venture capital investors weren't thinking about its mission to serve "humanity" by developing artificial intelligence. After Altman's ouster, Vinod Khosla, an early investor in OpenAI, came to his defense despite the criticism. OpenAI's complex and unique corporate governance structure meant that VCs could invest in the capped profit entity, but never earn any influence over the nonprofit board of directors, all of whom were either cofounders or appointed outside AI experts. The board structure and its governance are all likely to change as part of the deal to bring Sam Altman back as CEO of OpenAI. The purpose of the newly formed OpenAI board – consisting of current board member D'Angelo, former US Treasury Secretary Larry Summers, and former Salesforce co-CEO Bret Taylor – is to vet and potentially appoint an expanded board of up to nine people, and that Microsoft and Altman want board seats, The Verge reported.

Persons: Sam Altman, OpenAI, Altman, VCs, Sam, Altman's, Vinod Khosla, Yunus, Khosla, Wesley Chan, Greg Brockman, Ilya Sutskever, Tasha McCauley, who's, Joseph Gordon, Levitt, Helen Toner, Adam D'Angelo, Karthee Madasamy, it's, David Sacks, D'Angelo, Larry Summers, Bret Taylor – Organizations: Business, Tiger Global Management, Khosla Ventures, Sequoia Capital, Microsoft, FPV Ventures, Rand Corporation, Georgetown's Center for Security, Emerging Technology, MFV Partners, Qualcomm Ventures, Ikea, Bosch, Novo Nordisk Foundation, Bertelsmann Foundation, Carlsberg Foundation, Craft Ventures Locations: OpenAI, Silicon Valley, Hollywood

☆ OpenAI’s wild week explained: How the Sam Altman story unfolded
▼ + stars: | 2023-11-22 | by ( Diksha Madhok | Clare Duffy | ) edition.cnn.com time to read: +7 min

ET, OpenAI publicly announced that it had fired Altman over concerns that he was not always truthful with the board. Sam Altman, left, appears onstage with Microsoft CEO Satya Nadella at OpenAI's first developer conference, on Nov. 6, 2023, in San Francisco. OpenAI’s board was also reportedly having second thoughts and considering asking the ousted CEO to return. Ultimately, Microsoft and Altman appear to be the big winners from the dust-up: Altman will continue leading the firm he helped to found. “We are encouraged by the changes to the OpenAI board,” Nadella said on X.

Persons: Elon, Sam Altman —, —, OpenAI, ChatGPT, Altman, Ilya Sutskever, Greg Brockman, Mira Murati, Altman’s, “, what’s, ” Brockman, Kara Swisher, Sam Altman, Satya Nadella, Barbara Ortutay, Nadella, Brockman, Emmett Shear, Murati, ” Nadella, ”, Justin Sullivan, Bret Taylor, Larry Summers, Adam D’Angelo, Shear, … Organizations: New Delhi CNN, Valley Bank, Google, Microsoft, OpenAI's, Sunday, OpenAI, CNBC, Twitter Locations: New York, New Delhi, OpenAI, San Francisco, San Francisco , California

☆ Morning Bid: Risk rally rages on
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +3 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 20, 2023. The dollar index , which measures the U.S. currency against six of its peers, fell to its lowest since Aug. 31. A Reuters poll showed analysts expect the index to continue its more-than-28% rally this year into 2024 to reach a three-decade high of 35,000 by end-June. With the economic calendar bare in Europe, the rally may fizzle out although futures indicate European stock markets are set for a slightly higher open. The spotlight will shine bright on earnings from artificial intelligence chip leader Nvidia (NVDA.O), with expectation of another blockbuster revenue forecast.

Persons: Ankur Banerjee, OpenAI, Emmett Shear, Sam Altman, Jacqueline Wong Organizations: REUTERS, Staff, Ankur, Federal, Lower Treasury, Japan's Nikkei, Nvidia, Microsoft, Reuters, Palestinian, Thomson Locations: Frankfurt, Germany, Asia, Pacific, Japan, Lower, Europe, Israel, Gaza, Canada

☆ Satya Nadella says it doesn't matter where Sam Altman ends up because he'll still be working with Microsoft anyway
▼ + stars: | 2023-11-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Satya Nadella said Sam Altman will be working with Microsoft no matter where he ends up working. On Monday, the Microsoft CEO announced he hired Altman after the former OpenAI CEO's shock firing. AdvertisementOn Monday, Microsoft CEO Satya Nadella announced he was hiring Sam Altman. Still, Nadella told Bloomberg TV on Monday it doesn't matter where Altman ends up working — because "irrespective of where Sam is, he's working with Microsoft." OpenAI only told Microsoft about Altman's ouster a few minutes before its announcement, sources told Business Insider's Kali Hays and Ashley Stewart.

Persons: Satya Nadella, Sam Altman, Altman, —, Greg Brockman, Brockman, Nadella, Sam, OpenAI, Kali Hays, Ashley Stewart Organizations: Microsoft, Service, Bloomberg, BI Locations: Silicon Valley, OpenAI

☆ OpenAI is in a deadlock. The coming hours will determine its fate.
▼ + stars: | 2023-11-21 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Most OpenAI employees have signed a letter saying they will leave if Altman is not reinstated. Extremely late Sunday, Microsoft CEO Nadella announced that Altman and OpenAI cofounder Greg Brockman would join Microsoft to lead a new AI research team. Let's say Microsoft ends up hiring the OpenAI employees threatening to walk, to the tune of almost 800 staff. Nadella has made clear he thinks OpenAI's board needs to change, and he's the man writing $13 billion checks. Salesforce CEO Marc Benioff has already offered to hire OpenAI employees who leave and match their compensation.

Persons: Altman, —, OpenAI, Sam Altman, Nadella, Greg Brockman, Brockman, Anna Makanju, everyone's, Ilya Sutskever, Emmett Shear, Kali Hays, Sutskever, Google's, Marc Benioff Organizations: Service, Friday's, Microsoft, Bloomberg, Employees, Meta, Rivals

☆ 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

☆ Sam Altman is 'working hard to go back to OpenAI', says The Verge's Nilay Patel
▼ + 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 EmailSam Altman is 'working hard to go back to OpenAI', says The Verge's Nilay PatelNilay Patel, The Verge editor-in-chief, joins 'Squawk Box' to discuss the latest developments on the boardroom drama at OpenAI, what's at stake for both Sam Altman and the company, and more.

Persons: Sam Altman, Nilay Patel Nilay Patel, what's

☆ Opinion | The OpenAI Coup Is Great for Microsoft. What Does It Mean for Us?
▼ + stars: | 2023-11-21 | by ( Julia Angwin | ) www.nytimes.com time to read: +1 min

There was the coup that hit the headlines: the OpenAI board’s abrupt ousting of its co-founder and chief executive, Sam Altman. Monday, it was announced that Microsoft was hiring Mr. Altman and another OpenAI co-founder, Greg Brockman. Microsoft had already invested more than $13 billion in OpenAI; its absorption of OpenAI leadership — and the likely hiring of hundreds of OpenAI staff members who signed a letter saying they would leave to join Microsoft unless the board resigned — effectively completes its takeover. OpenAI was founded in 2015 with the explicit mission of building an alternative to the for-profit A.I. It was established as a nonprofit, and its stated mission is to “ensure that artificial general intelligence benefits all of humanity.”

Persons: Sam Altman, Altman, Greg Brockman, —, OpenAI, ” Organizations: Microsoft Locations: OpenAI

☆ OpenAI's new CEO Emmett Shear said the company handled Sam Altman's ousting 'very badly' and 'seriously damaged our trust'
▼ + stars: | 2023-11-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

OpenAI's new CEO, Emmett Shear, criticized Sam Altman's ousting as damaging trust in the company. AdvertisementThe new CEO of OpenAI said the way Sam Altman was ousted was "handled very badly" and has "seriously damaged our trust." "And it's clear that the process and communications around Sam's removal has been handled very badly, which has seriously damaged our trust." AdvertisementShear claims he accepted the "once-in-a-lifetime opportunity" to step up as the interim CEO only "a few hours" after he got the call offering him the top job. It comes after OpenAI cofounder Altman was forced out of the company Friday.

Persons: Emmett Shear, Sam Altman's, Shear, wasn't, —, OpenAI, Sam Altman, Altman, Insider's Kali Hays, Ashley Stewart, Satya Nadella, Greg Brockman Organizations: Service, West Coast, Microsoft Locations: West

☆ Russia admits it was on the verge of economic collapse after getting hit with western sanctions last year
▼ + stars: | 2023-11-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Russia made a rare admission regarding the effectiveness of Western sanctions. A Kremlin spokesperson said the nation was on the brink of collapse after unprecedented sanctions. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That economic pressure was largely brought on by sanctions following Russia's invasion of Ukraine, Peskov added. Russia's economic projections are also based on cherry-picked data, according to two Yale researchers, who have proposed that the nation's economy could be teetering on the edge of collapse as the war consumes all available resources.

Persons: —, Dmitry Peskov, Peskov, Putin Organizations: Kremlin, Service, Russia, SWIFT, International Monetary Fund, Yale Locations: Russia, Moscow, Russia's, Ukraine

☆ 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

☆ OpenAI fiasco sends shockwaves across Silicon Valley
▼ + stars: | 2023-11-20 | 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 EmailOpenAI fiasco sends shockwaves across Silicon ValleyJessica Lessin, The Information founder and CEO, Nilay Patel, The Verge editor-in-chief, and CNBC's Steve Kovach and Deirdre Bosa join 'The Exchange' to discuss the fiasco at OpenAI and more.

Persons: Lessin, Nilay Patel, Steve Kovach, Deirdre Bosa Locations: Silicon, OpenAI

☆ Microsoft hires former OpenAI CEO Sam Altman after a weekend of chaos
▼ + stars: | 2023-11-20 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Microsoft CEO Satya Nadella said both Altman and Greg Brockman were joining the company. The move follows a chaotic weekend for Altman after he was ousted as CEO of OpenAI. AdvertisementFormer OpenAI CEO Sam Altman is joining Microsoft. Microsoft CEO Satya Nadella announced on Monday he was adding both Altman and former OpenAI president Greg Brockman to the company's ranks. In a post on X, Brockman said the new Microsoft team would comprise him, Altman, Aleksander Madry, Szymon Sidor, Jakub Pachocki.

Persons: Sam Altman, Satya Nadella, Altman, Greg Brockman, —, Nadella, Emmett Shear, ChatGPT, Mira Murati, Brockman, Aleksander Madry, Szymon Sidor, Jakub Pachocki Organizations: Microsoft, Service, OpenAI, Twitch

☆ OpenAI cofounder and chief scientist says he deeply regrets participating in ousting Sam Altman
▼ + stars: | 2023-11-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

OpenAI cofounder Ilya Sutskever expressed remorse for being involved in ousting Sam Altman. AdvertisementOpenAI cofounder and chief scientist Ilya Sutskever has expressed his "deep regret" in being part of the decision to oust Sam Altman. I never intended to harm OpenAI," Sutskever said in an X post Monday. Soon after the chief scientist's statement, Altman responded to his post with three heart emojis, seemingly signaling that there's no love lost between the pair. Sutskever is one of 490 OpenAI employees who signed an open letter calling for Altman to be reinstated, Wired reported.

Persons: Ilya Sutskever, Sam Altman, —, Sutskever, we've, Altman, OpenAI, wasn't, Satya Nadella, he's, Greg Brockman, OpenAI didn't Organizations: Service, Microsoft, Wired

☆ OpenAI's new CEO revealed plans for his first 30 days in an X post at 1 a.m.
▼ + stars: | 2023-11-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Emmett Shear laid out a three-point plan for his first 30 days as CEO in an X post at 1 a.m. The interim CEO revealed plans for his 30 days in in a X post at 1 a.m. PT – including hiring an investigator and restructuring the leadership team. The Twitch cofounder's three-point plan came just hours after Shear became OpenAI's second temporary chief in the space of three days. OpenAI's former CTO, Mira Murati, briefly became interim CEO Friday after the board removed Sam Altman . Shear included hiring an independent investigator in his first tasks in the post, which also criticized OpenAI's board for its handling of Altman's departure.

Persons: Emmett Shear, Sam Altman's, Shear, —, Mira Murati, Sam Altman, Altman, Jakub Pachocki, Aleksander Madry, Szymon Sidor, Satya Nadella Organizations: Service, Business

☆ Microsoft hits record high after hiring former OpenAI boss Sam Altman
▼ + stars: | 2023-11-20 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The gain came after Satya Nadella said that former OpenAI CEO Sam Altman would join the company. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMicrosoft's stock price hit an all-time high Monday, as investors reacted to former OpenAI CEO Sam Altman joining the Big Tech giant. That increase added $54 billion of market value to the tech giant and extended its torrid year-to-date stock gain to 57%. The stock rose after Microsoft CEO Satya Nadella announced Monday that the company had hired Altman, as well as former OpenAI president Greg Brockman.

Persons: Satya Nadella, Sam Altman, —, Altman, Greg Brockman, Nadella, Emmett Shear, Joshua Mahony, Monday's Organizations: Microsoft, Service, Big Tech, OpenAI, Twitch, Bing, Markets

☆ Sam Altman is out of OpenAI and has joined Microsoft. Here's a full timeline of the chaos that landed him there.
▼ + stars: | 2023-11-20 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Former Twitch CEO and cofounder, Emmett Shear, was named interim CEO of the company and Altman had joined former partner Microsoft. Altman was ousted from OpenAI in a shock board decisionAltman was immediately ousted from OpenAI in a dramatic board decision on Friday. According to a timeline provided by fellow OpenAI cofounder Greg Brockman, Altman received a text from board member Ilya Sutskever asking to talk at midday Friday. OpenAI board was 'optimistic' about getting Altman backInvestors, including Microsoft CEO Satya Nadella, were reportedly "blindsided" by the decision to remove Altman. Altman and Brockman join MicrosoftIn a final twist, Microsoft CEO Satya Nadella scooped up Altman and Brockman to lead "a new advanced AI research team" at Microsoft.

Persons: Sam Altman, kickstarting, Altman, —, Emmett Shear, Greg Brockman, Ilya Sutskever, Brockman, Sutskever, OpenAI, Satya Nadella, Jason Kwon, Nadella, Shear, Mira Murati, Aleksander Madry, Szymon Sidor, Jakub Pachocki Organizations: Microsoft, Service, Twitch, OpenAI, Bloomberg, The

☆ Catch up on the OpenAI’s wild 60 hours… in 60 seconds
▼ + stars: | 2023-11-20 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

ET, OpenAI publicly announced that it had fired Altman over concerns that he was not always truthful with the board. OpenAI’s strategic partners, including investor Microsoft, were also reportedly informed of Altman’s ouster minutes before the board’s announcement. Microsoft CEO Satya Nadella reportedly mediated the discussion. Hundreds of employees on Monday morning signed an open letter calling on the company’s board to resign and reinstate Altman and Brockman. The Verge reported Monday afternoon that Altman and Brockman could still return to OpenAI if the board members who fired him resign.

Persons: Sam Altman —, he’d, OpenAI, Altman, Ilya Sutskever, Greg Brockman, Mira Murati, Altman’s, “, what’s, ” Brockman, Kara Swisher, Joel Saget, Satya Nadella, Nadella, Brockman, Emmett Shear, Murati, openai, ” Altman Organizations: New, New York CNN, Microsoft, Google, Getty, OpenAI Locations: New York, AFP, OpenAI

☆ Sam Altman sure came out a hero
▼ + stars: | 2023-11-20 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

After OpenAI's board booted CEO Sam Altman, industry peers and colleagues voiced their support. AdvertisementSam Altman comes out of the OpenAI CEO situation looking like a Silicon Valley hero. What IS clear is that Sam Altman has come out of the situation looking like a hero so far. After some failed negotiations about returning to OpenAI, Altman is now heading to work at Microsoft. As the dust settles (well, maybe) a narrative has emerged: Sam Altman has come out of this very well.

Persons: Sam Altman, Ilya Sutskever, Altman, —, OpenAI, Justin Sullivan, Eric Schmidt, Brian Chesky, Schmidt, Marissa Mayer, Elon Musk, Mira Murati –, Mira Murati, we've, — Ilya Sutskever, Sutskever Organizations: Service, Google, OpenAI, Microsoft

☆ OpenAI's employees were given two explanations for why Sam Altman was fired. They're unconvinced and furious.
▼ + stars: | 2023-11-20 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

OpenAI 's current independent board has offered two examples of the alleged lack of candor that led them to fire co-founder and CEO Sam Altman, sending the company into chaos. Staff had spent the day expecting to be told of the reinstatement of Altman as CEO. Sustkever is said to have offered two explanations he purportedly received from the board, according to one of the people familiar. One explanation was that Altman was said to have given two people at OpenAI the same project. These explanations didn't make sense to employees and were not received well, one of the people familiar said.

Persons: OpenAI, Sam Altman, Ilya Sutskever, Emmett Shear, Mira Murati, Altman, Shear, Sutskever, Sustkever, it's, Satya Nadella, Adam D'Angelo, Tasha McCauley, Helen Toner, Setskever, Greg Brockman, Murati, she's, Kali Hays Organizations: Twitch, Business, Staff, Google, OpenAI, Murati, Microsoft, Georgetown Center for Security, Emerging Technology, Twitter Locations: OpenAI's San Francisco, khays@insider.com, @hayskali

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