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Sam Altman's high-profile firing has drawn comparisons to Timnit Gebru's exit from Google. Some tech observers and "Black Twitter" asked: "What if Sam Altman were a Black woman?" Sam Altman's shocking ouster— and reinstatement — to OpenAI drew comparisons to Steve Jobs's exit and eventual return to Apple . But a less obvious comparison has been drawn that asks the question: "What if Sam Altman was a Black Woman?" Advertisement"What If Sam Altman Were A Black Woman?
Persons: Sam Altman's, Sam Altman, , OpenAI, Steve Jobs's, Timnit, Altman, wasn't, Gebru's, Googlers, Jeff Dean, WVBvXJZwh0 — Daniel, @growing_daniel, Eric Schmidt —, Kimberly Bryant, Bryant, TechCrunch's Dominic, Madori Davis, Greg Brockman, z5Dc1BbhbQ — Taylor Poindexter, @engineering_bae, aren't, Émile Torres, Black, Gebru, Torres Organizations: Google, Service, Apple, Microsoft, Tech, Black Locations: America, OpenAI
"i'm looking forward to returning to openai," Altman said in a post on the X social media platform late on Tuesday. Sam Altman attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. OpenAI's previous board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever and Quora CEO D'Angelo, who is part of the revamped board. In a post on X on Tuesday, Shear said he worked "~72 very intense hours" to bring stability - and ultimately Altman - back to OpenAI. When he was out of a job, CEO Nadella said Altman could head a new research team alongside Brockman and other colleagues departing from OpenAI.
Persons: Bret Taylor, Brockman, FRANCISCO, Sam Altman, OpenAI, Larry Summers, Adam D'Angelo, D'Angelo, Altman, Danni Hewson, AJ Bell's, Satya Nadella, Kyle Rodda, Carlos Barria, Tasha McCauley, Helen Toner, Ilya Sutskever, Steve Jobs, Greg Brockman, Sunday Altman, Emmett Shear, Shear, Nadella, Jeffrey Dastin, Aditya Soni, Shivani Tanna, Bansari, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Sam Holmes, Jane Merriman Organizations: U.S . Treasury, Microsoft, Economic Cooperation, REUTERS, Reuters, U.S, Thomson Locations: openai, U.S, OpenAI, Asia, San Francisco , California, Valley, San Francisco, Bengaluru
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
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
Sam Altman was reinstated late Tuesday as OpenAI’s chief executive, the company said, successfully reversing his ouster by the company’s board last week after a campaign waged by his allies, employees and investors. The board of directors will be overhauled, jettisoning several members who had opposed Mr. Altman. Adam D’Angelo, the chief executive of Quora, will be the only holdover. “We have reached an agreement in principle for Sam to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D’Angelo,” OpenAI said in a post to X. “We are collaborating to figure out the details.
Persons: Sam Altman, Altman, Adam D’Angelo, Sam, Bret Taylor, Larry Summers, ” OpenAI, Greg Brockman, upended Organizations: Quora
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
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
OpenAI’s Cast of Characters
  + stars: | 2023-11-22 | by ( Jennifer Korn | Paul Glader | ) edition.cnn.com   time to read: +12 min
Before OpenAI, Altman was president of Y Combinator, mentoring a host of founders and expanding his network in Silicon Valley. “We are encouraged by the changes to the OpenAI board,” he wrote on X on Wednesday. Mira MuratiNamed by the OpenAI board as Altman’s interim successor on Friday, Murati was replaced by Shear before the weekend was done. In September, she joined the board of directors of Shield AI, a defense technology company building AI pilot technology for aircraft. Will HurdAfter joining the OpenAI board in 2021, Hurd was the third director to exit in 2023.
Persons: OpenAI, Sam Altman, Altman, Elon, Satya Nadella, OpenAI’s ChatGPT, Kiko, Emmett Shear, Y, Nadella, , Mira Murati, Murati, Shear, “ Mira, ” Nadella, Ilya Sutskever, Brockman, Sutskever, , we’ve, Adam D’Angelo D’Angelo, Mark Zuckerberg, D’Angelo, Forbes, ” Bret Taylor, Bret Taylor, Elon Musk, Taylor, Justin Kan, Tasha McCauley McCauley, Joseph Gordon, Levitt, McCauley, Greg Brockman Greg Brockman, Peter Thiel, Musk, Helen Toner Toner, AI’s, Toner, Joshua Kushner Kushner, Kushner, Jared Kushner, Karlie Kloss, Charles Kushner, Donald Trump, Larry Summers Summers, Obama, Clinton, Summers, Shivon Zilis, Zilis, Walter Isaacson, Will Hurd, Hurd, Nikki Haley, Reid Hoffman, Hoffman, OpenAI . Hoffman, He’s Organizations: CNN, Stanford University, Microsoft, OpenAI, Colby College, Dartmouth University, Tesla, Time, Phillips Exeter Academy, California Institute of Technology, Facebook, Twitter, Google, Yale University, Justin.tv, GeoSim Systems, Rand Corporation, Centre, Bard College, University of Southern, Harvard University, MIT, Elon, Georgetown’s Center for Security, Emerging Technology, Open, Oscar Health, Memphis Grizzlies, Harvard College, Harvard Business School, Republican, CIA, Allen & Company, Texas, M University, Reid Hoffman LinkedIn, PayPal, LinkedIn, Greylock Partners, SpaceX, Boring Company Locations: Silicon Valley, St, Louis , Missouri, OpenAI, Seattle , Washington, Israel, University of Southern California, North Dakota, Beijing, Georgetown, Canada, United States, Texas, Oxford
Opinion | The Unsettling Lesson of the OpenAI Mess
  + stars: | 2023-11-22 | by ( Ezra Klein | ) www.nytimes.com   time to read: +3 min
In my reporting, the best explanation I’ve heard for the board’s decision, as poorly communicated as it was, is that it fired Altman for the precise reason it said it fired Altman. “It would be wise to view any investment in OpenAI Global LLC in the spirit of a donation,” it warned. Satya Nadella, Microsoft’s chief executive, didn’t have the power to stop OpenAI’s board from firing Altman, but he did have the power to render the action hollow. He announced a new advanced innovations division, to be led by Altman (and the OpenAI president Greg Brockman, who resigned in solidarity with Altman) and staffed by any OpenAI employees who’d like to join. By Wednesday, Altman was back as chief executive of OpenAI and all but one of the board members had resigned.
Persons: I’ve, Altman, , OpenAI, Helen Toner, ” OpenAI, Satya Nadella, didn’t, Greg Brockman, weirdly, Ilya Sutskever, who’d, , Meta’s Organizations: Microsoft, Google, OpenAI
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
The ousting of Sam Altman by most of OpenAI's board members appears to have badly backfired. AdvertisementThe dramatic coup by most of OpenAI's board members seems to have epically backfired. Their master plan to topple Sam Altman has failed – and it's cost them their seat at the table. Less than a week after the board pushed him out as CEO, Altman is boomeranging back to the company. His fellow previous board members were Greg Brockman, who was also chair; Ilya Sutskever, Tasha McCauley; Helen Toner; and Altman.
Persons: Sam Altman, Adam D'Angelo, OpenAI, D'Angelo, Bret Taylor, Larry Summers, , Altman, he'll, Greg Brockman, Ilya Sutskever, Tasha McCauley, Helen Toner, McCauley, Toner, Mira Murati, Emmett Shear, Sutskever, Kali Hays Organizations: Service, Microsoft Locations: OpenAI
OpenAI staff reportedly celebrated Sam Altman's return with a party on Tuesday night. Dozens of OpenAI employees also took to social media to celebrate Altman's return. AdvertisementOpenAI employees celebrated Sam Altman's return on Tuesday night — and apparently some fire trucks even got involved. Altman's return comes after a five-day saga in which OpenAI ousted Altman with little public explanation and went through two more CEOs. "It's not just that we're so back," one X user @yonashav, who claims to work for OpenAI wrote.
Persons: Sam Altman's, , OpenAI, Altman, Greg Brockman, " Brockman, YcKwkqdNs5 — Greg Brockman, Altman's, It's, I've, @clarkcr, Marc Benioff's, @stevenheidel, 57Vum0mSxM — Steven Heidel, Mira Murati, Emmett Shear, Shear Organizations: Service, Staff, Twitter, OpenAI Locations: San Francisco, OpenAI
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
In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.
Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, , Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, , Emmett Shear, didn’t, Shear, , ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon
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
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
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
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
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry. San Francisco-based OpenAI said in a statement late Tuesday: “We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board" made of former Salesforce co-CEO Bret Taylor, former U.S. Treasury Secretary Larry Summers and Quora CEO Adam D’Angelo. That emboldened a threatened exodus of nearly all of the startup's 770 employees who signed a letter calling for the board's resignation and Altman's return. “We are encouraged by the changes to the OpenAI board,” Nadella posted on X late Tuesday. How many 16-inch pizzas should I order for 778 people,” the person asks, using the number of people who work at OpenAI.
Persons: OpenAI, , Sam Altman, Bret Taylor, Larry Summers, Adam D’Angelo, D'Angelo, Altman, Greg Brockman, Altman's, Kevin Scott, Satya Nadella, ” Nadella, It's, Nadella, Brockman, ” Brockman, “ It’s, Emmett Shear, , ” Shear Organizations: U.S ., Microsoft Locations: San Francisco, OpenAI
Jack Guez | Afp | Getty ImagesAfter a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Nathan Laine | Bloomberg | Getty ImagesBret Taylor, board chair Bret Taylor is currently a board member at the e-commerce platform Shopify . It isn't clear if Taylor's involvement with his own AI startup will cease with his appointment to lead OpenAI's board. OpenAI's board fired Altman Friday after determining he was "not consistently candid in his communications," but its members never elaborated further. Jack Guez | AFP | Getty ImagesIlya Sutskever Ilya Sutskever co-founded OpenAI and serves as its chief scientist.
Persons: Sam Altman, Ilya Sutskever, Jack Guez, Altman, There's, Satya Nadella, Nadella, Here's, Bret Taylor, Nathan Laine, He's, Elon, Taylor, Salesforce, Larry Summers, David A, CNBC Larry Summers Larry Summers, Clinton, Summers, Jack Dorsey, Adam D'Angelo Adam D'Angelo, D'Angelo, Helen Toner, CSET, Vox, Jerod Harris, Helen Toner Helen Toner, Toner, Tasha McCauley, Carlton Laguna Nigel, Tasha McCauley Tasha McCauley, Joseph Gordon, Levitt, McCauley, Ilya Sutskever Ilya Sutskever, Sutskever, Greg Brockman, Brockman, Brockman's, Sven Hoppe Organizations: Tel Aviv University, Afp, Getty, Microsoft, CNBC, Sequoia, Tiger Global, Salesforce, Viva Technology Conference, Bloomberg, Google, Economic, Grogan, Harvard University, Obama, Economic Council, Twitter, Meta, Facebook, The Ritz, Carlton, Georgetown University's Center for Security, Emerging Technology, Philanthropy, Business Development, Ritz, Rand Corporation, GeoSim Systems, AFP, University of Toronto, Stanford, Technical University of Munich Locations: Tel Aviv, Paris, Davos, Switzerland, Washington, Laguna Niguel, Dana Point , California, Russian Israeli, Canadian
NEW YORK (AP) — It's been quite a week for ChatGPT-maker OpenAI — and co-founder Sam Altman. And as he became Silicon Valley’s most sought-after voice on the promise and potential dangers of this technology, Altman helped transform OpenAI into a world-renowned startup. WHAT IS GENERATIVE AI? Unlike traditional AI, which processes data and completes tasks using predetermined rules, generative AI (including chatbots like ChatGPT) can create something new. Meanwhile, in the U.S., President Joe Biden signed an ambitious executive order last month seeking to balance the needs of cutting-edge technology companies with national security and consumer rights.
Persons: — It's, OpenAI —, Sam Altman, Altman, what's, , Greg Brockman, Brockman, , OpenAI, , Johann Laux, Enza Iannopollo, Forrester, Iannopollo, they’ve, Chatbots, Joe Biden Organizations: OpenAI, WHO, ALTMAN, Microsoft, Twitter, Oxford Internet, Tech, European Union Locations: San Francisco, Brussels, U.S
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
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
Nearly all of OpenAI’s 800 employees have threatened to follow Mr. Altman to Microsoft, which asked him to lead an A.I. lab with Greg Brockman, who quit his roles as OpenAI’s president and board chairman in solidarity with Mr. Altman. The board has not said what it thought Mr. Altman was not being honest about. There were indications that the board was still open to his return, as it and Mr. Altman held discussions that extended into Tuesday, two people familiar with the talks said. But there was a sticking point: Mr. Altman rejected some of the guardrails that had been proposed to improve his communication with the board.
Persons: OpenAI, Altman, Greg Brockman, Brockman Organizations: Microsoft
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
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