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Sam Altman will not return as CEO of OpenAI - The Information
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: 1 min
[1/2] Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies Microsoft Corp FollowNov 20 (Reuters) - Sam Altman will not return as CEO of OpenAI despite efforts from the company's executives to bring him back, The Information reported on Sunday. Emmett Shear, co-founder of video streaming site Twitch, will take over as interim CEO, the report said, citing co-founder and board director Ilya Sutskever. Reporting by Baranjot Kaur in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
Persons: Sam Altman, Carlos Barria, Emmett Shear, Ilya Sutskever, Baranjot Kaur, Nivedita Organizations: Economic Cooperation, REUTERS, Microsoft, Thomson Locations: Asia, San Francisco , California, U.S, Bengaluru
Emmett Shear is the new interim CEO of OpenAI following the ouster of Sam Altman. AdvertisementFormer Twitch CEO Emmett Shear has been named the new interim CEO of OpenAI following Sam Altman's shock firing at the artificial intelligence startup over the weekend. AdvertisementWho is Emmett Shear? In 2014, Amazon bought Twitch for $970 million and Shear stayed on as the CEO of the company. He remained at the tech startup accelerator for five years up until June 2016, according to his LinkedIn account.
Persons: Emmett Shear, Sam Altman, Twitch, , Sam Altman's, Shear, Emmett, Justin Kan, Kiko —, Elliot Noss, Kan —, Combinator Organizations: Amazon, Service, United Airlines, Yale University, eBay, Google Locations: Seattle, Justin.tv
Emmett Shear is the new interim CEO of OpenAI after Sam Altman's surprise ouster. AdvertisementEmmett Shear, the man slated to be the new interim CEO of OpenAI, believes artificial intelligence has a very real potential to destroy all life. "That loop will get tighter and tighter and tighter, and faster and faster and faster, until it can fully self-improve itself. There's a 5 to 50% probability that this could actually play out, Shear told Bartlett, though he said there was still "uncertainty" around such estimates. In another interview in September, Shear told podcast host and entrepreneur Shaan Puri that it was his optimism toward AI that made him fear its capabilities.
Persons: Emmett Shear, Sam Altman's, Altman, , Shear, Logan Bartlett, Bartlett, Shaan Puri, Sam Altman, Shear's, Dall, it's, OpenAI Organizations: Service, Business Insider Locations: There's
The board of directors of OpenAI, the high-flying artificial intelligence start-up, said in a note to employees on Sunday night that its former chief, Sam Altman, would not be returning to his job, while naming his second interim replacement in two days. Emmett Shear, the former chief executive of Twitch, will replace Mira Murati as interim chief executive of OpenAI, the board said. Ms. Murati, a longtime OpenAI executive, had been appointed to that role after Mr. Altman’s ouster on Friday. The board said Mr. Shear has a “unique mix of skills, expertise and relationships that will drive OpenAI forward,” according to the memo viewed by The New York Times. It was signed by each of the four directors on the company’s board; Adam D’Angelo, Helen Toner, Ilya Sutskever, and Tasha McCauley.
Persons: Sam Altman, Emmett Shear, Twitch, Mira Murati, Murati, Altman’s, Shear, , Adam D’Angelo, Helen Toner, Ilya Sutskever, Tasha McCauley, Organizations: OpenAI, The New York Times
Microsoft's (MSFT) bold move to hire ousted OpenAI CEO Sam Altman after days of chaos will help the software and cloud giant widen its lead in artificial intelligence. Greg Brockman, another OpenAI co-founder as well as its president and chairman, also departed and joined Altman to lead a new AI effort at Microsoft. OpenAI, the company behind ChatGPT, is a key AI partner of Microsoft, which has invested billions of dollars in the startup. "A lot of people could be poached" from OpenAI, Jim speculated. Reception for Copilot, a generative AI tool for Microsoft 365 productivity apps, has also been very positive as well.
Persons: Sam Altman, OpenAI, Altman, Greg Brockman, I've, Jim Cramer, Jim, Brockman, Satya Nadella, Emmett Shear, Nadella, Jim Cramer's, Gary Hershorn Organizations: Microsoft, NBC, OpenAI, CNBC, NEW, Corbis, Getty Locations: OpenAI, NY, New York City
At OpenAI, Shear has promised to shed some light into Altman’s departure. In his X post, he pledged to hire an independent investigator to look into what led up to Altman’s ouster and write a report within 30 days. Both Altman and Shear know each other as alumni from the first class of startup founders at Y Combinator. In his post on X, Shear wrote he received a call offering him a “once-in-a-lifetime opportunity” to become interim CEO at San Francisco-based OpenAI. In his post on X, Shear said he checked the reasoning behind the changes at OpenAI before he took the job.
Persons: Twitch, Sam Altman, Emmett Shear, , Altman, OpenAI, Greg Brockman —, , Shear, Twitch doesn’t, it’s, Y, he’s, , Mira Murati, Altman’s, Satya Nadella, Brockman, Sam, “ I’m, “ It’s, ” Shear, Matt O'Brien Organizations: Twitter, Microsoft, Amazon, Yale University, Associated Press, Investors, AIs Locations: Buffalo , New York, Germany, San Francisco, Providence , Rhode Island
Marissa Mayer slammed OpenAI's 'broken and underadvised' board on social media. AdvertisementMarissa Mayer has some harsh words for OpenAI's board. "The fact that Ilya now regrets just shows how broken and underadvised they are/were," Mayer wrote on social media. OpenAI's bylaws allow board members to both appoint and remove other board members with a majority vote, Wired reported. In the case of OpenAI, which had only six board members, a majority vote meant only four board members needed to agree on a change to approve it.
Persons: Marissa Mayer, OpenAI's, OpenAI, Sam Altman, Mayer, , Altman, Ilya Sutskever, Sutskever, Emmett Shear, Ilya, Reid Hoffman, Shivon Zilis, Will Hurd, spokespeople, Hoffman, Brian Chesky Organizations: Yahoo, Service, Twitter, Google, Microsoft, Wired, Republican, ppl Locations: OpenAI
New York CNN —Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI, will join the company to head its artificial intelligence innovation leg. Shares of Microsoft fell 1.7% on Friday, when Sam Altman was ousted from his position at OpenAI in a boardroom coup. Microsoft is the artificial intelligence firm’s biggest stakeholder, with a $13 billion investment in the company. Emmett Shear, former CEO of Amazon-owned streaming service Twitch, will replace OpenAI chief technology officer Mira Murati as interim chief executive. Dan Ives, tech analyst at Wedbush Securities, reiterated his $425 price target for Microsoft’s stock following Altman’s and Brockman’s hires.
Persons: Sam Altman, Greg Brockman, OpenAI, Emmett Shear, Mira Murati, Wall Street’s, Dan Ives, Brockman’s, Altman, Brockman, Ives Organizations: New, New York CNN, Microsoft, OpenAI, Amazon, Wedbush Securities Locations: New York
Emmett Shear is set to become OpenAI's interim CEO, the third in as many days. He previously crossed paths with Sam Altman at Y Combinator's inaugural class in 2005. AdvertisementEmmett Shear announced at 1 a.m. PT Monday that he would become OpenAI's interim CEO. Shear becomes the third person in as many days to take the reins at OpenAI, after the previous interim CEO, Mira Murati, publicly supported Altman amid the chaos. And back in 2014, Altman introduced Shear during a talk about startups at Stanford University.
Persons: Emmett Shear, Sam Altman, Y, Altman, , Greg Brockman, Shear, Mira Murati, Y Combinator Organizations: Stanford University, Service, Microsoft, Amazon Locations: OpenAI
[1/2] Twitch CEO Emmett Shear speaks in a still image taken from a video interview with Reuters in San Francisco, U.S. which was broadcast in May 2018. Ex-Twitch boss Emmett Shear has been appointed to lead the company behind ChatGPT, replacing Altman following his shock sacking on Friday. Earlier on Monday, OpenAI backer Microsoft (MSFT.O) said Altman will join the company to lead a new advanced artificial intelligence research team. OpenAI Chief Operating Officer Brad Lightcap told staff on Saturday it was over a "breakdown of communications" not "malfeasance". I'm not crazy enough to take this job without board support for commercializing our awesome models," he said.
Persons: Emmett Shear, Sam Altman, Altman, Emmett, Brad Lightcap, I'm, Josephine Mason, Emelia Sithole Organizations: Reuters, REUTERS, Microsoft, Thomson Locations: San Francisco , U.S, U.S, OpenAI
The past few days have been chaotic for the AI industry, with technology experts weighing what this could mean for the nascent sector and some of its key players. But Altman's move could simply be a case of "damage control" for Microsoft, according to Richard Windsor, founder of digital research company Radio Free Mobile. Microsoft began investing in OpenAI as early as 2019, initially with around $1 billion. "A large amount of that value is tied up in the founders and in the engineers that are inside the company," Windsor said. Meanwhile, other tech experts have been backing Microsoft CEO Satya Nadella's swift move to hire Altman in-house.
Persons: Sam Altman, Mira Murati, OpenAI, Emmett Shear, Altman, Greg Brockman, Richard Windsor, Bing, Windsor, Satya Nadella's Organizations: Twitch, Microsoft, Radio Free Mobile Locations: OpenAI
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
What You Need to Know About the OpenAI Drama
  + stars: | 2023-11-20 | by ( ) www.wsj.com   time to read: +1 min
News of OpenAI CEO Sam Altman's surprise ouster dominated tech news this past weekend, and it continues to swirl today. Altman and others have also pushed for a new board at OpenAI. Mira Murati, OpenAI's chief technology officer, had briefly held the position after Altman was removed. ... Those clients will need to know that Microsoft’s vital code can’t be scrambled by a Silicon Valley soap opera." Part of the backdrop: investor enthusiasm for the potential of AI technology, which has driven several stocks higher this year.
Persons: Sam Altman's, doesn't, Altman —, Greg Brockman — aren't, Altman, Brockman, OpenAI, Emmett Shear, Mira Murati, Joanna Stern, Heard, Dan Gallagher's Organizations: Microsoft
After a weekend of rumor and speculation, Emmett Shear — former co-founder and CEO of Twitch — confirmed he will take the top job at probably the most high-profile AI company in the world. watch nowTwitch was acquired by Amazon for $1 billion in 2014 and Shear stepped down as CEO of Twitch last year. Before Shear started Twitch, he was the co-founder of Kiko Calendar, a calendar app he worked on through the 2005 Y Combinator program. As head of OpenAI, Shear will likely face pressure from regulators who have been heavily scrutinizing AI model companies given the risks the technology poses around misinformation and potential displacement of jobs. Earlier this month, the U.K. held a pivotal summit on AI safety, attended by major foundational AI companies, to discuss some of the most pressing issues in the field.
Persons: Emmett Shear, Eoin Noonan, It's, Sam Altman, Twitch —, Shear, Altman, ChatGPT, Emmett, Justin Kan, Michael Seibel, Kyle Vogt, Kan, Twitch, Y, Kiko Organizations: Web, Getty, Amazon, YouTube Locations: LISBON, PORTUGAL, Lisbon, Portugal, Silicon
Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Former OpenAI CEO Sam Altman will be joining Microsoft to lead a new advanced AI research team, according to Microsoft CEO Satya Nadella. OpenAI's board announced late Friday that it was removing Altman and replacing him on an interim basis with technology chief Mira Murati. This did not dissuade a group of OpenAI investors, who were pushing to bring Altman back as CEO over the weekend. Late Sunday night, OpenAI said it was bringing on board former Twitch CEO Emmett Shear to run the artificial intelligence company.
Persons: Sam Altman, Satya Nadella, Nadella, Altman, Greg Brockman, reshared, OpenAI's, Mira Murati, OpenAI, Emmett Shear, Brockman — Organizations: Economic Cooperation, Microsoft, Tech, OpenAI, Microsoft Ignite Locations: Asia, San Francisco , California, U.S
CNN —Microsoft’s CEO Satya Nadella hinted on Monday that he was still open to Sam Altman rejoining OpenAI – despite an announcement earlier in the day that Altman would join Microsoft’s artificial intelligence innovation division. Nadella said he was “open to both options” when asked in a Monday CNBC interview whether Altman would actually join Microsoft. “Look, that is for the OpenAI board and management and the employees to choose,” Nadella said. With a $13 billion investment in OpenAI, Microsoft is one of the company’s biggest backers. “Let’s just say it’s fantastic to have lots of capable people who can become CEOs of Microsoft,” Nadella said.
Persons: CNN —, Satya Nadella, Sam Altman, OpenAI, Altman, Nadella, ” Nadella, , , Greg Brockman, Mira Murati, Twitch, Emmett Shear –, mulling, Greg, they’re, Kara Swisher’s “, Nadella demurred, “ Let’s Organizations: CNN, CNBC, Microsoft Locations: OpenAI
Sam Altman was ousted from OpenAI then accepted a top job at Microsoft over the weekend. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOver the course of a whirlwind weekend, OpenAI cofounder Sam Altman was ousted from ChatGPT's parent company and promptly accepted a job running a new AI research team at Microsoft. [Microsoft CEO Satya] Nadella says they're still committed to OpenAI. (Ware predicted brain drain as other OpenAI employees follow Altman to Microsoft or join other rivals now he's no longer in charge.)
Persons: Sam Altman, OpenAI, , Microsoft didn't, Dan Ives, Altman, — that's, Jason Ware, They've, Satya, Nadella, they're, They're, Ware, Ben Laidler, Emmett, Joshua Mahony, Jim, Fan, Satya swoops, I'm, Jason Calacanis, It's Organizations: Microsoft, Wall Street, Service, Nasdaq, Albion Financial, CNBC, Markets, Nvidia Locations: OpenAI
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
Hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, have signed a letter demanding that either OpenAI's remaining board members resign or those OpenAI employees will join Sam Altman's new venture at Microsoft , reports said. Five hundred and five OpenAI employees have signed the letter, Kara Swisher reported, representing the overwhelming majority of OpenAI's headcount. Multiple OpenAI employees voiced their support on social media as well. Altman was forced out Friday by OpenAI's board, including Sutskever, which cited unspecified issues with his communications. Microsoft CEO Satya Nadella on Sunday announced that Altman and fellow OpenAI co-founder Greg Brockman would join the company in a new, largely independent venture.
Persons: Sam Altman, Ilya Sutskever, Sam Altman's, Kara Swisher, Mira Murati, Brad Lightcap, Murati, Twitch, Emmett Shear, Sutskever, Altman, OpenAI's, Altman's, Satya Nadella, OpenAI, Greg Brockman, OpenAI wasn't, — CNBC's Jordan Novet, Hayden Field Organizations: OpenAI, Tech, Microsoft, Wired, CNBC, Sunday Locations: Laguna Beach , California, Sequoia, OpenAI
When Emmett Shear, the former chief executive of the livestreaming site Twitch, was named the interim chief executive of OpenAI on Sunday night, it might have seemed a curious choice. Mr. Shear, 40, an avid video game player, was viewed as a competent leader who steered Twitch through several transitions. Some employees and livestreamers also complained that his focus on maneuvering Twitch toward profitability through cutting costs was eroding the quality of the platform. He also knows Sam Altman, who was forced out of OpenAI by its board of directors on Friday. The two were in the same group at Y Combinator, the start-up fund that invested in both of their early companies.
Persons: Emmett Shear, livestreamers, Sam Altman Locations: OpenAI
of OpenAI, the leader in commercializing generative A.I. By Monday, he had not only been fired by his board — he had also joined Microsoft, the start-up’s biggest backer. A recap:OpenAI’s board fired Altman for not being “consistently candid.” Greg Brockman, another co-founder, was stripped of his chairman title and quit. Talks to bring Altman back broke down, with OpenAI’s board eventually naming Emmett Shear, the former C.E.O. (Some OpenAI employees workers wrote on X that “OpenAI is nothing without its people,” posts that Altman liked.)
Persons: Sam Altman, Altman, Greg Brockman, OpenAI —, , Emmett Shear, Mira Murati, Brockman, Ilya Sutskever, Elon Musk, Geoffrey Hinton Organizations: Microsoft, up’s, OpenAI Locations: OpenAI, ChatGPT
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
Who is Emmett Shear, the new CEO of OpenAI?
  + stars: | 2023-11-20 | by ( Brian Fung | ) edition.cnn.com   time to read: +6 min
CNN —A sudden and seismic leadership crisis at OpenAI has led to a revolving door of CEOs at the artificial intelligence company, with tech entrepreneur Emmett Shear becoming the latest to take the helm on Monday. But by Monday morning, Altman had accepted a job at Microsoft, the tech giant with a sizable investment in OpenAI, Shear was named interim CEO and hundreds of OpenAI employees — including Murati — were calling for the board’s resignation and threatening to follow Altman to Microsoft. Now, picking up the pieces at OpenAI will be Shear, the 40-year-old co-founder of the video-game live-streaming company Twitch. On Monday, Shear announced he had accepted the job of interim CEO because he believes OpenAI “is one of the most important companies currently in existence.”Whether it can remain so depends on what Shear does next. But with Altman and his allies working in-house at Microsoft, Shear — and whomever succeeds him as OpenAI’s permanent CEO — may forever be overshadowed.
Persons: Emmett Shear, Sam Altman, Mira Murati, Altman, Shear, Murati —, OpenAI “, ” Shear, , He’s, “ You’ll, , OpenAI Organizations: CNN, Microsoft, Twitch, Amazon, Yale, Bing Locations: OpenAI,
Microsoft CEO Satya Nadella told CNBC's Jon Fortt on Monday that the governance structure of OpenAI needs to change, three days after the sudden firing CEO Sam Altman. Early Monday morning Nadella said that Altman, Brockman and their colleagues would join Microsoft as part of a new AI research group. That post followed news that ex-Twitch CEO Emmett Shear had been named OpenAI interim head as Altman looked to depart. Nadella told Fortt that Microsoft respects OpenAI's nonprofit roots and shares its belief that AI needs to be developed and rolled out in a safe manner. WATCH: A timeline of the drama between Sam Altman, OpenAI and Microsoft
Persons: Satya Nadella, CNBC's Jon Fortt, Sam Altman, Nadella, Altman, OpenAI, Greg Brockman, Brockman, Emmett Shear, Fortt Organizations: Microsoft, Tiger, Sequoia Capital
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
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