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“We believe the claims in this suit may stem from Elon’s regrets about not being involved with the company today,” wrote OpenAI Chief Strategy Officer Jason Kwon in an internal memo on Friday that was viewed by CNBC. The next year, Musk gave nearly $20 million to OpenAI, which the attorneys reiterated was more than other backers. "We did not think either approach was right for the mission," Kwon wrote. Regarding OpenAI's transformation from an "open source foundation" to a multibillion-dollar for-profit company, Musk said, "I don't know, is this legal?" — CNBC's Lora Kolodny and Hayden Field contributed to this reportWATCH: Elon Musk lawsuit against OpenAI and Altman began a year ago

Persons: Elon Musk, Tesla, ”, Jason Kwon, Sam Altman, OpenAI, Altman, Musk, Greg Brockman, Kwon, they've, Andrej Karpathy, Karpathy, didn't, — CNBC's Lora Kolodny, Hayden Field, Elon Organizations: CNBC, Elon, Microsoft, Tesla, The New York Times, OpenAI Locations: OpenAI

"Normal people do not use OpenAI's products in this way," OpenAI wrote in the filing. The news outlet's lawsuit, filed in December, seeks to hold Microsoft and OpenAI accountable for billions of dollars in damages. In the past, OpenAI has said it's "impossible" to train top AI models without copyrighted works. "We expect our ongoing negotiations with others to yield additional partnerships soon," OpenAI wrote in the filing. But in the filing, OpenAI says the content is vital to training today's AI models.

Persons: Sam Altman, OpenAI, Altman, Axel Springer, — CNBC's Ryan Browne Organizations: Economic, The New York Times, New York Times, Microsoft, House, Times, Bloomberg, CNN, Fox Corp, CNBC PRO Locations: Davos, Switzerland, Manhattan

☆ Google’s Gemini AI picture generator to relaunch in a 'few weeks' following mounting criticism of inaccurate images
▼ + stars: | 2024-02-26 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

Google introduced the image generator earlier this month through Gemini, the company's main suite of AI models. "We are hoping to have that back online very shortly in the next couple of weeks, few weeks." "The Gemini debacle showed how AI ethics *wasn't* being applied with the nuanced expertise necessary," Margaret Mitchell, chief ethics scientist at Hugging Face and former co-leader of Google's AI ethics group, wrote on X. On Sunday, a text-based user query went viral, asking the Gemini chatbot whether Adolf Hitler or Elon Musk's tweeting of memes had a greater negative impact on society. WATCH: Google's Gemini chatbot is 'evolutionary not revolutionary'

Persons: Demis Hassabis, Hassabis, Bard, OpenAI's, Gemini, Margaret Mitchell, Sundar Pichai, Pichai, Adolf Hitler, Elon Musk's, Elon Musk, Elon, Hitler, Sissie Hsiao Organizations: Google, Gemini, Mobile, Microsoft Locations: Barcelona, German, British, France, ChatGPT

☆ Microsoft, Google, Amazon and tech peers sign pact to combat election-related deepfakes
▼ + stars: | 2024-02-16 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation in 2024 elections. The industry is specifically targeting deepfakes, which use deceptive audio, video and images to mimic key stakeholders in democratic elections or to provide false voting information. Microsoft , Meta , Google , Amazon , IBM , Adobe and chip designer Arm all signed the accord. News of the accord comes a day after ChatGPT creator OpenAI announced Sora, its new model for AI-generated video. The accord reflects the industry's effort to take on "AI-generated election misinformation that erodes trust," he said.

Persons: Sam Altman, OpenAI, Sora, Kent Walker, Christina Montgomery Organizations: Economic, Microsoft, Meta, Google, IBM, Adobe, Tech Locations: Davos, Switzerland

☆ After ChatGPT's viral success, OpenAI is now getting into video
▼ + stars: | 2024-02-15 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI, which burst into the mainstream last year thanks to the popularity of ChatGPT, is bringing its artificial intelligence technology to video. Sora can also generate video clips inspired by still images, and extend existing videos or fill in missing frames. With Sora, OpenAI is looking to compete with video-generation AI tools from companies like Meta and Google , which announced Lumiere last month. Sora is a diffusion AI model that, like ChatGPT, uses the Transformer architecture, introduced by Google researchers in a 2017 paper. "Sora serves as a foundation for models that can understand and simulate the real world," OpenAI wrote in its announcement.

Persons: Sora, Lumiere, Brad Lightcap, hasn't, OpenAI Organizations: Meta, Google, Alexa, Microsoft, CNBC

Nvidia CEO Jensen Huang speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Nvidia shares are up more than 200% over the past 12 months due to seemingly limitless demand for its AI chips, which underpin powerful AI models from Google, Amazon, OpenAI and others. TuSimple, an autonomous trucking company, rocketed 40% on Thursday after the disclosure of Nvidia's $3 million stake. Nvidia bought $50 million worth of shares in 2023 and now has an investment worth $76 million, according to its filing. In recent years, Nvidia has backed hot AI startups including Cohere, Hugging Face, CoreWeave and Perplexity.

Persons: Jensen Huang, SoundHound, TuSimple, what's, Nvidia's, they're, Jonathan Cohen Organizations: Nvidia, Investors, Apple, Microsoft, Google, Zebra, Nasdaq, Committee Locations: Taipei, U.S, SoundHound, TuSimple

☆ AI is shaking up online dating with chatbots that are 'flirty but not too flirty'
▼ + stars: | 2024-02-14 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

YourMove.AI, an AI dating tool that offers a range of services such as drafting messages, analyzing conversations and evaluating users' dating app profiles, has about 250,000 users, founder Dmitri Mirakyan estimates. Rizz, an AI dating assistant, debuted in 2022 after ChatGPT took off. Like in other areas, relying too much on AI in dating can cross the line into unethical behavior. Although the use of AI for dating purposes isn't necessarily all bad, he added, dating apps will still need to "tread with caution." WATCH: How I built my $400 million-a-year dating app

Persons: Stan Marsh, Clyde Donovan, Clyde, Stan, OpenAI, it's, Dmitri Mirakyan, YourMove, Mirakyan, ChatGPT, he'd, Roman Khaves, Josh Miller, Khaves, It's, Jonathan Raa, Alex Weitzman, Weitzman, They've, Gary Kremen, Kremen, Lisa Marie Bobby, Bobby, Renate Nyborg, Nyborg, Meeno Organizations: Nvidia, CNBC, Nurphoto, OpenAI's Locations: U.S, New York, chihuahua, Finland, Australia, New Zealand, Netherlands

☆ Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
▼ + stars: | 2024-02-13 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, as part of a restructuring. The news came as the company reported fourth-quarter earnings that fell roughly in line with analysts' revenue estimates. Three top executives are also departing the company for personal reasons, according to Instacart: Chief Operating Officer Asha Sharma, Chief Technology Officer Varouj Chitilian and chief architect JJ Zhuang. The company posted fourth-quarter revenue of $803 million, roughly in line with the $804 million that Wall Street expected, according to analyst estimates from LSEG, formerly known as Refinitiv. In September, Instacart went public in one of the first significant venture-backed tech IPOs since December 2021.

Persons: Instacart, Asha Sharma, Varouj Chitilian, JJ Zhuang Organizations: Google, CNBC PRO Locations: LSEG

☆ AI might be reading your Slack messages: 'A lot of this becomes thought crime'
▼ + stars: | 2024-02-09 | by ( Hayden Field | ) www.cnbc.com time to read: +11 min

Aware's analytics tool — the one that monitors employee sentiment and toxicity — doesn't have the ability to flag individual employee names, according to Schumann. Speaking broadly about employee surveillance AI rather than Aware's technology specifically, Williams told CNBC: "A lot of this becomes thought crime." When including other types of content being shared, such as images and videos, Aware's analytics AI analyzes more than 100 million pieces of content every day. "It's always tracking real-time employee sentiment, and it's always tracking real-time toxicity," Schumann said of the analytics tool. Amba Kak, executive director of the AI Now Institute at New York University, worries about using AI to help determine what's considered risky behavior.

Persons: George Orwell, there's, Slack, Jeff Schumann, Schumann, Jutta Williams, Williams, chatbot, he's, Orwell, Rather, Amba Kak, Kak, they're Organizations: Istock, Microsoft, U.S, Walmart, Delta Air Lines, Mobile, Chevron, Starbucks, Nestle, AstraZeneca, CNBC didn't, Delta, CNBC, Humane Intelligence, Goldman Sachs Asset Management, Nationwide, CBS, Meta, New York University, Federal Trade Commission, Justice Department, Opportunity Commission Locations: Columbus , Ohio, Chevron, United States, Slack

☆ OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: WSJ
▼ + stars: | 2024-02-09 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported. Altman could need to raise between $5 trillion and $7 trillion for the endeavor, The Wall Street Journal reported, citing one source. Nvidia has been the big moneymaker during the past year's generative AI boom, with its market cap more than tripling in 2023. Nvidia currently controls about 80% of that AI chip market with a current market cap of about $1.72 trillion, not far from overtaking tech giants like Amazon and Alphabet in market cap. Since then, OpenAI has announced a new board, including former Salesforce co-CEO Bret Taylor, former Treasury Secretary Larry Summers and Quora CEO Adam D'Angelo.

Persons: Sam Altman, Altman, OpenAI, OpenAI's ChatGPT, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Read Organizations: Street Journal, United, United Arab Emirates, CNBC, Nvidia, Fortune, Microsoft Locations: —, United Arab

☆ Google rebrands Bard AI to Gemini and launches a new app and subscription
▼ + stars: | 2024-02-08 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Google on Thursday announced a major rebrand of Bard, its artificial intelligence chatbot and assistant, including a fresh app and subscription options. Google also announced new ways for consumers to access the AI tool: As of Thursday, Android users can download a new dedicated Android app for Gemini, and iPhone users can use Gemini within the Google app on iOS. Likewise, chief executives at tech giants from Microsoft to Amazon underlined their commitment to building AI agents as productivity tools. Google's Gemini changes are a first step to "building a true AI assistant," Sissie Hsiao, a vice president at Google and general manager for Google Assistant and Bard, told reporters on a call Wednesday. Currently, though, the tools, including Gemini, are largely limited to tasks such as summarizing, generating to-do lists or helping to write code.

Persons: Bard, OpenAI's, Sundar Pichai, Pichai, Sissie Hsiao, There's, Google's Hsiao, Hsiao Organizations: Google, Bard, Microsoft, GE, Spotify, Pfizer, Gemini Locations: Korean

☆ Meta plans to identify more AI-generated images ahead of upcoming elections
▼ + stars: | 2024-02-06 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Meta is expanding its effort to identify images doctored by artificial intelligence as it seeks to weed out misinformation and deepfakes ahead of upcoming elections around the world. The company is building tools to identify AI-generated content at scale when it appears on Facebook, Instagram and Threads, it announced Tuesday. Until now, Meta only labeled AI-generated images developed using its own AI tools. While some AI-generated content is easily detected, that's not always the case. If they share a deepfake or other form of AI-generated content without disclosing it, the company "may apply penalties," the post says.

Persons: Nick Clegg, Clegg, that's, It's, there's Organizations: Facebook, Google, Microsoft, Adobe, Meta Locations: Russia

☆ Tech execs are telling investors they have to spend money to make money on AI
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +10 min

One theme investors heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. Last year marked the beginning of the generative AI boom, as companies raced to embed increasingly sophisticated chatbots and assistants across key products. One key priority area, based on the latest earnings calls, is AI models-as-a-service, or large AI models that clients can use and customize according to their needs. Alphabet executives highlighted Vertex AI, a Google product that offers more than 130 generative AI models for use by developers and enterprise clients such as Samsung and Shutterstock. Alphabet executives touted Google's Duet AI, or "packaged AI agents" for Google Workspace and Google Cloud, designed to boost productivity and complete simple tasks.

Persons: Sundar Pichai, Mandel Ngan, Satya Nadella, Mark Zuckerberg, Josh Edelson, Zuckerberg, Nadella, Amy Hood, Pichai, You've, durably, Ruth Porat, Andy Jassy, Jassy, Tim Cook, Cook, Thos Robinson, Microsoft's, Rufus, Bard Organizations: Artificial Intelligence, AFP, Getty, Microsoft, Apple, Nvidia, Meta, Google, Amazon, New York Times, Samsung, GE, Spotify, Pfizer Locations: Washington ,, Menlo Park , California, LLMs, New York City

☆ AI lobbying spikes nearly 200% as calls for regulation surge
▼ + stars: | 2024-02-02 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

The spike in AI lobbying comes amid growing calls for AI regulation and the Biden administration's push to begin codifying those rules. Until 2017, the number of organizations that reported AI lobbying stayed in the single digits, per the analysis, but the practice has grown slowly but surely in the years since, exploding in 2023. The data showed a range of industries as new entrants to AI lobbying: Chip companies like AMD and TSMC , venture firms like Andreessen Horowitz, biopharmaceutical companies like AstraZeneca, conglomerates like Disney and AI training data companies like Appen. Organizations that reported lobbying on AI issues last year also typically lobby the government on a range of other issues. In its Request for Information, the Institute specifically asked responders to weigh in on developing responsible AI standards, AI red-teaming, managing the risks of generative AI and helping to reduce the risk of "synthetic content" (i.e., misinformation and deepfakes).

Persons: OpenSecrets, Biden, ByteDance, Andreessen Horowitz, government's, — CNBC's Mary Catherine Wellons, Megan Cassella Organizations: CNBC, Spotify, Samsung, Nvidia, Big Tech, AMD, U.S . Department of Commerce's National Institute of Standards, Technology, NIST Locations: U.S

PayPal will cut 9% of its global workforce, or about 2,500 jobs, CEO Alex Chriss wrote Tuesday in an internal letter to employees, which was viewed by CNBC. The cuts will affect both existing roles and job listings that PayPal had planned to hire for, and will take place over the course of the year, Chriss wrote. If your role is included in this workforce reduction, you will be notified between today and the end of the week. PayPal has significant potential to create substantial value for our employees, our customers, and shareholders. I am confident that our PayPal community will come through this period even stronger, and I am optimistic about the future we will create together.

Persons: Alex Chriss, Chriss, Alex Don't Organizations: PayPal, CNBC, Intuit, CNBC PRO

☆ FTC launches AI inquiry into Amazon, Alphabet, Microsoft, looking at 'investments and partnerships'
▼ + stars: | 2024-01-25 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

WASHINGTON, DC - OCTOBER 4: Federal Trade Commission Chair Lina Khan speaks during a discussion on antitrust reforms at the Brookings Institution October 4, 2023 in Washington, DC. Khan assumed the role of FTC chair in June 2021 after being appointed by U.S. President Joe Biden and confirmed by the Senate. (Photo by Drew Angerer/Getty Images)The Federal Trade Commission said Thursday it will conduct an extensive study on the artificial intelligence field's biggest heavyweights, including Amazon , Alphabet , Microsoft , Anthropic and OpenAI. FTC Chair Lina Khan announced the inquiry during the agency's tech summit on AI, describing it as a "market inquiry into the investments and partnerships being formed between AI developers and major cloud service providers." "At the FTC, the rapid development and deployment of AI is informing our work across the agency," Khan said.

Persons: Lina Khan, Khan, Joe Biden, Drew Angerer Organizations: Federal Trade, Brookings, U.S, Senate, Federal Trade Commission, Microsoft, FTC, Apple, Facebook, Amazon Locations: WASHINGTON, DC, Washington , DC

Culture issues, ineptitude and poor leadership at General Motors' Cruise autonomous vehicle unit were at the center of regulatory oversights and coverup concerns that have plagued the company since October, according to the findings of a third-party probe. Results of the investigation, which reviewed whether Cruise representatives misled investigators or members of the media in discussing the incident, were published Thursday in a 105-page report. "This conduct has caused both regulators and the media to accuse Cruise of misleading them," the report stated. Quinn Emanuel, the business litigation firm that Cruise retained to conduct the three-month investigation, interviewed 88 Cruise employees and reviewed more than 200,000 documents, including emails, texts, Slack messages and more. The firm is known for representing high-profile celebrities and business owners, including Tesla CEO Elon Musk.

Persons: Cruise, Quinn Emanuel, Slack, John Potter, Quinn Emanuel Urquhart, Elon Musk Organizations: General Motors, Cruise, CNBC, Sullivan, Tesla Locations: Cruise, San Francisco

☆ Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search
▼ + stars: | 2024-01-23 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Appen, based in Australia, has helped train AI models for a star-studded list of tech behemoths. Five customers — Microsoft , Apple , Meta , Google and Amazon — have in the past accounted for 80% of Appen's revenue. Alphabet accounted for roughly one-third of Appen's revenue, meaning the decision to end the relationship will impact "at least two thousand subcontracted Alphabet workers," according to a statement Monday from the Alphabet Workers Union. Alphabet has cut contractual ties with Appen , the artificial intelligence data firm that helped train Google's chatbot Bard, Google Search results and other AI products.

Persons: Sundar Pichai, Pichai, Appen, Bard, Appen's, OpenAI's ChatGPT, Google's Bard, didn't, Bard chatbot Organizations: Google, Microsoft, Apple, Alphabet Workers, Appen, Revenue, Australian Securities Exchange, CNBC, Adobe, Nvidia, U.S . National Labor Relations Board Locations: Washington ,, Australia

☆ OpenAI announces first partnership with a university
▼ + stars: | 2024-01-18 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI on Thursday announced its first partnership with a higher education institution. Starting in February, Arizona State University will have full access to ChatGPT Enterprise and plans to use it for coursework, tutoring, research and more. With the OpenAI partnership, ASU plans to build a personalized AI tutor for students, not only for certain courses, but also for study topics. The access to ChatGPT Enterprise means students will no longer be limited by usage caps. OpenAI and ASU's joint release specified that any prompts the ASU community inputs into ChatGPT "remain secure," and that OpenAI "does not use this data for its training models."

Persons: Lev Gonick, Gonick, Brad Lightcap, OpenAI Organizations: Arizona State University, ChatGPT Enterprise, ASU, OpenAI's, CNBC, ChatGPT, CNBC PRO Locations: Seattle , Los Angeles and New York

☆ OpenAI quietly removes ban on military use of its AI tools
▼ + stars: | 2024-01-16 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Sam Altman, CEO of OpenAI, during an interview at Bloomberg House on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. OpenAI has quietly walked back a ban on the military use of ChatGPT and its other artificial intelligence tools. The shift comes as OpenAI begins to work with the U.S. Department of Defense on AI tools, including open-source cybersecurity tools, Anna Makanju, OpenAI's VP of global affairs, said Tuesday in a Bloomberg House interview at the World Economic Forum alongside CEO Sam Altman. The news comes after years of controversy about tech companies developing technology for military use, highlighted by the public concerns of tech workers — especially those working on AI. Workers at virtually every tech giant involved with military contracts have voiced concerns after thousands of Google employees protested Project Maven, a Pentagon project that would use Google AI to analyze drone surveillance footage.

Persons: Sam Altman, OpenAI, Anna Makanju, OpenAI's, Makanju, Maven Organizations: Bloomberg House, Economic, U.S . Department of Defense, Bloomberg, Workers, Google, Pentagon, Microsoft, CNBC PRO Locations: Davos, Switzerland

☆ How to stop Dropbox from sharing your personal files with OpenAI
▼ + stars: | 2023-12-13 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

If you've used any of Dropbox 's artificial intelligence tools, some of your documents and files may have been shared with OpenAI. Dropbox AI customer documents pass through and are stored on OpenAI's servers for up to 30 days. "Third-party AI services are only used when customers actively engage with Dropbox AI features which themselves are clearly labeled," he wrote, pointing to a screenshot. Dropbox's third-party AI data sharing only applies to users who want Dropbox's AI features, which is available through many of Dropbox's paid plans, or through its Early Access program. But, even if you've opted out, any files shared with another person who is using Dropbox AI could still be sent to OpenAI servers.

Persons: Drew Houston, you've, Google's Bard, Anthropic's Claude, Zoom, Dropbox's, Dropbox Organizations: CNBC PRO Locations: San Francisco, There's, Dropbox

☆ Waymo is full speed ahead as safety incidents and regulators stymie competitor Cruise
▼ + stars: | 2023-12-05 | by ( Hayden Field | ) www.cnbc.com time to read: +6 min

Waymo, Alphabet 's self-driving car unit, is having a relatively good couple of months – at least, compared to one of its key rivals: GM 's Cruise. When Cruise began offering fully autonomous rides in San Francisco in the winter of 2022, Waymo followed in the fall. Now, after a barrage of safety concerns and incidents with Cruise self-driving cars in recent months, the landscape looks starkly different. I have worked with pretty high-scale systems before Waymo, at Google and Ericsson, and this is a pretty staggering scale. [Note: Waymo recently shared that Waymo riders took more than 700,000 trips in autonomous vehicles in 2023.]

Persons: Cruise, Waymo, Saswat Panigrahi, you've, –, … Organizations: Google, Cruise, California Department of Motor Vehicles, GM, CNBC, Ericsson, Phoenix Locations: Phoenix, San Francisco, Austin, Buffalo , New York, California, U.S

☆ Elon Musk's AI startup — X.AI — files to raise $1 billion in fresh capital
▼ + stars: | 2023-12-05 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. X.AI, an artificial intelligence startup founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering. The AI startup, which Musk announced in July, seeks to "understand the true nature of the universe," according to its website. Last month, X.AI released a chatbot called Grok, which the company says is modeled after "The Hitchhiker's Guide to the Galaxy." — CNBC's Lora Kolodny contributed to this reportWATCH: Elon Musk's X.AI launches 'Grok'

Persons: Elon Musk, Musk, X.AI, didn't, OpenAI, Sam Altman, Google's Bard, Claude chatbot, Tesla, They've, DeepMind's AlphaCode, OpenAI's, — CNBC's Lora Kolodny, Elon Musk's X.AI Organizations: New York Times, Jazz, Lincoln Center, Elon, SEC, Google's, Nvidia, SpaceX, Boring Company, X Corp, DeepMind, Google Research, Microsoft Research, Twitter, Tesla, X.AI Locations: New York City, Nevada

☆ OpenAI COO Brad Lightcap talks about ChatGPT launch, Dev Day and how Sam Altman thinks
▼ + stars: | 2023-12-04 | by ( Hayden Field | ) www.cnbc.com time to read: +23 min

And I think that's just a testament to the world being really big and messy, and that these systems are still evolving, they're still really in their infancy. That may be a thing that's useful in your work, or maybe a thing that's useful in your life, or it may just be a fun thing – it may just be that you create a funny GPT and it's a cool thing to have. High-level, we always knew that we wanted to have a structure that, at its core, retained the original OpenAI – the OpenAI nonprofit. So that's the first thing to understand, I think, about OpenAI: It's not a normal company in that sense. We have shared that we have an initial board now, and expect to add more board membersWhat's the general mood like at the company right now?

Persons: OpenAI, Sam, Altman, Brad Lightcap, Lightcap, ChatGPT, OpenAI's, Bret Taylor, Larry Summers, Adam D'Angelo, Dev Day, DALL, we'd, doesn't, haven't, they've, – there's, There's, …, We're, we've, Dev, It's, You've, Sam Altman, reappointment Organizations: CNBC, Fortune, Microsoft, ChatGPT Enterprise, OpenAI, OpenAI's Locations: San Francisco

OpenAI's tender offer, which would allow employees to sell shares in the start-up to outside investors, remains on track despite the leadership tumult and board shuffle, two people familiar with the matter told CNBC. The round and previously reported valuation were jeopardized by Sam Altman's temporary ouster earlier in November, but his return cleared the way for the tender offer to proceed. The extension of the tender offer comes after a rollercoaster couple of weeks for the company. OpenAI's other major backers include Founders Fund, Sequoia Capital and, following the completion of the tender offer, Thrive Capital. Founders Fund will not participate in the tender offer either, a person familiar with the firm said.

Persons: Sam Altman, Josh Kushner's, Sam Altman's, Altman, Satya Nadella, Greg Brockman, OpenAI, Bret Taylor, Larry Summers, Adam D'Angelo, Nadella, — CNBC's Ari Levy, Jordan Novet, Elon Musk Organizations: Economic Cooperation, APEC, CNBC, Microsoft, Employees, Brockman's, Tiger Global, Fund, Sequoia Capital, Bloomberg Locations: Asia, San Francisco , California, OpenAI

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