DIRS.INFO The most relevant business & tech news

☆ The top 10 people in artificial-intelligence hardware
▼ + stars: | 2023-12-25 | by ( Hugh Langley | Rosalie Chan | ) www.businessinsider.com time to read: +1 min

Jack Hidary, SandboxAQJack Hidary, the CEO of SandboxAQ. SandboxAQThe intersection of AI and quantum technology isn't talked about as much as buzzy chatbots right now — but it's a future Hidary is trying to prepare us for. His company, SandboxAQ, began life in Alphabet as a research unit nestled in the company's X building, exploring how to run quantum workloads using the same chips as those that power AI. Hidary spun the unit out in early 2022 with a nine-figure round of investment that included the former Alphabet executive chair Eric Schmidt and Marc Benioff, the CEO of Salesforce. See the full list of 100 people who make AI intelligent here.

Persons: Jack Hidary, isn't, Hidary, Eric Schmidt, Marc Benioff

☆ Salesforce's year of the boomerang: Here are the C-suite executives who joined, left, or returned in 2023
▼ + stars: | 2023-12-23 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +1 min

Several former Salesforce employees rejoined the company this year as "boomerangs." There were also high-profile departures of longtime executives. See below for Salesforce's leavers and joiners in 2023. The end of 2022 was marked by a series of executive departures at Salesforce, including the exit of co-CEO Bret Taylor, who had been heir apparent to CEO Marc Benioff. In the wake of pressure to up profit and cut costs from a group of activist investors, including Elliott Management and Starboard Value, some longtime company veterans left, and former executives have returned to help.

Persons: Bret Taylor, Marc Benioff, Benioff Organizations: Elliott Management, Business Locations: Salesforce

☆ Salesforce Keeps Growth Dreams Alive Enough
▼ + stars: | 2023-11-30 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Salesforce CEO Marc Benioff speaks during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco on Nov. 16. Photo: David Paul Morris/Bloomberg NewsThere was a time—and not very long ago—that Salesforce would have scoffed at 11% growth. That was then. The cloud software giant’s fiscal third-quarter ended October was the third consecutive period showing revenue growing at that pace year over year. The company also used Wednesday’s report to affirm Wall Street’s projection for 10% growth in the current quarter ending in January—9.8% if not rounding.

Persons: Marc Benioff, David Paul Morris Organizations: Economic Cooperation, Bloomberg Locations: Asia, San Francisco, —

☆ Top 10 things to watch in Thursday's stock market, including Jim Cramer's Benioff interview
▼ + stars: | 2023-11-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

Ford (F) issues slightly worse full-year guidance: $10 billion to $10.5 billion in adjusted earnings before interest and taxes (EBIT) and adjusted free cash flow of between $5 billion and $5.5 billion. Citi raises Club holding Costco (COST) price target to $585 per share from $530, citing an acceleration of November sales. Ford (F) issues slightly worse full-year guidance: $10 billion to $10.5 billion in adjusted earnings before interest and taxes (EBIT) and adjusted free cash flow of between $5 billion and $5.5 billion. Ford (F) issues slightly worse full-year guidance: $10 billion to $10.5 billion in adjusted earnings before interest and taxes (EBIT) and adjusted free cash flow of between $5 billion and $5.5 billion. Ford (F) issues slightly worse full-year guidance: $10 billion to $10.5 billion in adjusted earnings before interest and taxes (EBIT) and adjusted free cash flow of between $5 billion and $5.5 billion.

Persons: Marc Benioff, Einstein, Jeff Marks, Charles Munger, Warren Buffett's, Charlie, Peter Arduini, Jim Cramer's, Jim Cramer, Jim, Andrew Caballero, Reynolds Organizations: Nasdaq, Dow, UAW, General Motors, Citi, Club, Costco, Barclays, Company, NBA, GE Healthcare, Nvidia, Brands, Barrick, Jim Cramer's Charitable, CNBC, Economic Cooperation, APEC, AFP, Getty Locations: U.S, Asia, San Francisco , California

☆ Some OpenAI employees are still feeling uneasy and looking for other jobs despite Sam Altman's return, report says
▼ + stars: | 2023-11-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Sam Altman is back in charge of OpenAI but some employees are still feeling nervous, per Semafor. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementOpenAI's CEO Sam Altman may be back in charge but some employees are still feeling uneasy. According to one of the outlet's sources, rival AI company Cohere has received several inquiries from OpenAI employees in recent days. AdvertisementAI companies Hugging Face and Cohere told CNBC they've had more customer inquiries following Altman's ousting and reinstatement as CEO.

Persons: Sam Altman, —, Semafor, Altman, We've, Sam, Cohere, Marc Benioff, Salesforce's Einstein, CNBC they've, Clément Delangue, OpenAI Organizations: Service, Salesforce's, CNBC Locations: OpenAI

☆ OpenAI CEO Sam Altman went on an 18-month, $85 million real-estate shopping spree — including a previously unknown Hawaii estate
▼ + stars: | 2023-11-30 | by ( Katherine Long | Hugh Langley | ) www.businessinsider.com time to read: +11 min

AdvertisementYears before the recent drama at OpenAI turned CEO Sam Altman into a household name, the former Y Combinator president went on an extraordinary 18-month, $85 million real-estate shopping spree, according to records reviewed by Business Insider — including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant. AdvertisementSam Altman's Hawaii estate is immediately adjacent to the reconstruction of the royal temple of King Kamehameha I. Maxar TechnologiesA $43 million estate in HawaiiIn July 2021, Altman bought a twelve-bedroom estate in Kailua-Kona, on the big island of Hawaii, for $43 million. Altman's purchase of the Hawaii property has not been previously reported. AdvertisementAnnie had been unaware that her oldest brother owned property in Hawaii until Business Insider asked her about it, she said. A $27 million San Francisco homeAltman's weekday residence is a home on San Francisco's Russian Hill that was once described — inaccurately — as the most expensive home in San Francisco.

Persons: Sam Altman, Altman, —, OpenAI, he's, He's, Sam Altman's, King Kamehameha I, King Kamehameha, Jennifer Serralta, Serralta, Jack, Max, — Sam Altman, Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, Peter Thiel, Annie Altman, Annie, Sam's, Napa Altman, Cade Metz, Bob Dickinson Organizations: Service, Business, Bloomberg Tech Summit, Wall Street Journal, YouTube, Altman, LinkedIn, Apollo, Opportunity Fund, Silicon Valley, Business Insider, San, SEC, 9Point Ventures, Uncommon Ventures, New York Times, Capital Management, San Francisco Chronicle, New Yorker, Israeli Defense Force, Tesla Locations: San Francisco, Napa, Hawaii, Napa , California, Sam Altman's Hawaii, Kailua, Kona, wakesurfing, Kauai, Lanai, San, Russian, California, Hollywood, Big Sur

☆ Salesforce CEO Marc Benioff talks quarterly results with Jim Cramer
▼ + stars: | 2023-11-29 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSalesforce CEO Marc Benioff talks quarterly results with Jim CramerSalesforce Co-Founder, Chair and CEO Marc Benioff joins 'Mad Money' host Jim Cramer following a stellar quarterly earnings report and upbeat guidance that lifted the stock in extended trading.

Persons: Marc Benioff, Jim Cramer Salesforce, Jim Cramer

☆ This is the commentary Cramer wants to hear most when Salesforce reports
▼ + stars: | 2023-11-29 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Now, with the Club holding set to report earnings, Jim Cramer wants to hear whether its AI endeavors are really on track to boost its financials. "We want to hear that numbers must be raised next year because of the new business that [Salesforce is] getting now" as a result of AI, Jim said Tuesday. It's been a year since OpenAI's ChatGPT went viral and accelerated investment into generative AI applications, which can create human-like text sentences and images in response to user queries. Since then, Salesforce and other software companies have raced to incorporate generative AI capabilities into their existing products or launch new ones all together. Still, the analysts reiterated their buy-equivalent rating on Salesforce stock and a $250-per-share price target.

Persons: Jim Cramer, Marc Benioff, Jim, It's, OpenAI's ChatGPT, Salesforce, Piper Sandler, Jim Cramer's, Stefan Wermuth Organizations: Club, Adobe, Microsoft, LSEG, Oppenheimer, CNBC, Salesforce, Economic, Bloomberg, Getty Locations: Davos, Switzerland

☆ Our data cloud is an 'incredible new product', says Salesforce CEO Marc Benioff
▼ + stars: | 2023-11-29 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur data cloud is an 'incredible new product', says Salesforce CEO Marc BenioffSalesforce Co-Founder, Chair and CEO Marc Benioff joins 'Mad Money' host Jim Cramer following a stellar quarterly earnings report and upbeat guidance that lifted the stock in extended trading.

Persons: Marc Benioff Salesforce, Marc Benioff, Jim Cramer

☆ Salesforce shares jump on better-than-expected earnings report
▼ + stars: | 2023-11-29 | by ( Ari Levy | ) www.cnbc.com time to read: +2 min

Salesforce shares rose more than 8% in extended trading on Wednesday after the cloud software vendor reported fiscal third-quarter earnings that topped analysts' estimates. Here's how the company did:Earnings: $2.11 per share, adjusted, versus the $2.06 per share expected by LSEG$2.11 per share, adjusted, versus the $2.06 per share expected by LSEG Revenue: $8.72 billion versus the $8.72 billion expected by LSEGRevenue increased 11% from $7.84 billion a year ago. In its biggest unit, which provides customer support, Salesforce saw revenue jump 12% to $2.07 billion. Salesforce shares rose to $250 after the earnings report. WATCH: Salesforce CEO Marc Benioff: When I talk to CEOs they are all Slack-first

Persons: Marc Benioff, Salesforce Organizations: Economic Cooperation, APEC, LSEG, LSEG Revenue, Nasdaq, Revenue Locations: Asia, San Francisco , California

☆ Salesforce shares are deservedly rewarded after a stellar quarter and a rosy outlook
▼ + stars: | 2023-11-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Bottom line It was another terrific quarter from Salesforce with steady, double-digit revenue growth and a continued operating margin uplift, leading to a huge increase in earnings per share. Additionally, the topline growth story has some game to it, thanks to the surge in interest in its Data Cloud. By Cloud unit, the most exciting performance in the quarter came from the Data Cloud. Revenue growth accelerated to 22% from 16% in the prior quarter, and the company said it added 1,000 new customers in the quarter alone. Artificial intelligence is driving the interest in the Data Cloud, as more customers seek to use Mulesoft's integration technology to unlock data across legacy systems, cloud apps, and devices.

Persons: Salesforce, Marc Benioff, management's, Salesforce's headcount, Salesforce's, Jim Cramer's, Jim Cramer, Jim, Nicholas Kamm Organizations: Revenue, LSEG, CNBC, Salesforce, Economic, Washington, AFP, Getty Locations: Americas, Africa, Asia, headcount, Washington ,

☆ Salesforce CEO lauds data cloud business, says new customers drove the quarter's success
▼ + stars: | 2023-11-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Salesforce CEO Marc Benioff told CNBC's Jim Cramer what contributed to his company's better-than-expected Wednesday earnings report, highlighting his cloud data business and artificial intelligence product Einstein GPT. Benioff said Salesforce added a thousand new Data Cloud customers over the quarter and called that business "the cherry at the top of the cake." The company's Data Cloud revenue was up 22% from the previous year. For your enterprise, you have to get your data together, and that's why Salesforce Data Cloud is so important, and it's why we did those thousand Data Cloud deals in the quarter." The company's revenue increased 11% from the previous year, jumping from $7.84 billion to $8.72 billion.

Persons: Marc Benioff, CNBC's Jim Cramer, Einstein, Benioff, Salesforce, threating Organizations: LSEG

☆ Marc Benioff says he gets around 8 hours of sleep a night and starts every morning the same way
▼ + stars: | 2023-11-28 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

Benioff says he sleeps eight hours a night and meditates for up to an hour a day. Benioff said that he averages about eight hours of sleep a night. Though some business leaders swear they can survive on half the amount of sleep, Benioff isn't one of them. Asked about the entrepreneurs who say they get only four hours of sleep a night, Benioff quickly batted the idea down. Benioff also has a strict meditation routine that he's been dedicated to since 1992, according to GQ.

Persons: Marc Benioff's, Benioff, —, Marc Benioff, Jack Dorsey, Indra Nooyi, Jeff Immelt, Barack Obama, Donald Trump Organizations: GQ, Service, Pepsico, General, SFGate, San Locations: San Francisco, Plum Village, France

☆ Marc Benioff just can't make up his mind on RTO
▼ + stars: | 2023-11-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

This is despite mandating Salesforce employees to come to the office three or more days a week. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSalesforce billionaire CEO Marc Benioff seems to have somewhat of a muddled stance on hybrid working. AdvertisementBut Benioff doesn't seem to apply this mantra to his own workforce. It just doesn't work with my personality."

Persons: Marc Benioff, —, it's, GQ isn't, Benioff, I've Organizations: GQ, Service, Engineers

☆ After closed door OpenAI drama, open source AI backed by Nvidia, Eric Schmidt, could emerge winner
▼ + stars: | 2023-11-22 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +5 min

The Hugging Face website on a laptop arranged in New York, US, on Thursday, Aug. 17, 2023. "We should encourage all companies to build on disruption-proof AI technology that only open source can offer." To be clear, big bets made on open source AI pre-date last Friday when news first broke of Sam Altman's removal as OpenAI CEO, and those bets include an open source AI model controlled by one dominant tech company, Meta Platforms ' Llama. Open source and AI governanceFormer Google CEO Eric Schmidt is behind Mistral AI, another open source rival to OpenAI's ChatGPT. A third open source AI startup, Poolside AI, recently pulled in $126 million co-led by French telecom and internet billionaire Xavier Niel and U.S. VC firm Felicis Ventures.

Persons: Gabby Jones, Eric Schmidt, Sam Altman, Microsoft —, Mike Gualtieri, Forrester, Marc Benioff, Delip Rao, Sam Altman's, Thomas Wolf, We've, Wolf, Linus Torvalds, Paul Drews, OpenAI's, Arthur Mensch, Mistral, Xavier Niel Organizations: Nvidia, Bloomberg, Getty Images Tech, Salesforce, Qualcomm, Microsoft, Twitter, Google, Meta, IBM, Intel, Sequoia Capital, Salesforce Ventures, Mistral, alums, Lightspeed Venture Partners, French, . VC, Felicis Ventures Locations: New York, France

As Open AI employees celebrated the return of CEO Sam Altman with a five-alarm office party , OpenAI software engineer Steven Heidel was busy publicly rebuffing overtures from Salesforce CEO Marc Benioff. Heidel was one of more than 700 OpenAI employees who's threatened exodus halted a would-be mutiny at one of Silicon Valley's most important AI companies. He was previously a scientist at Facebook AI Research and worked as a member of Google Brain under supervision of Prof. Geoffrey Hinton and Ilya Sutskever. Alec Radford: Radford was hired in 2016 from a small AI company he founded in his dorm room. Tao Xu : technical staff, worked on GPT4 and WhisperChristine McLeavey : technical staff, with contributions to music-related productsChristina Kim : technical staffChristopher Hesse : technical staffHeewoo Jun : technical staff, researchAlex Nichol : technical staff, researchWilliam Fedus: technical staff, researchIlge Akkaya: technical staff, researchVineet Kosaraju : technical staff, researchHenrique Ponde de Oliveira Pinto : technical staffAditya Ramesh : technical staff, developed DALL-E and DALL-E 2Prafulla Dhariwal : research scientistHunter Lightman : technical staffHarrison Edwards : research scientistYura Burda : machine language researcherTyna Eloundou : technical staff, researchPamela Mishkin : researcherCasey Chu : researcherDavid Dohan : technical staff, researchAidan Clark : researcherRaul Puri : research scientistLeo Gao : technical staff, researchYang Song : technical staff, researchGiambattista ParascandoloTodor Markov : Machine learning researcherNick Ryder : technical staff

Persons: Sam Altman, Steven Heidel, Marc Benioff, Heidel, Altman, Mira Murati, Murati, Brad Lightcap, Lightcap, Jason Kwon, Kwon, Wojciech Zaremba, Geoffrey Hinton, Ilya Sutskever, Alec Radford, Radford, OpenAI, Peter Welinder, He's, Github Copilot, Anna Makanju, Andrej Karpathy, OpenAI's, Michael Petrov, Petrov, Greg [ Brockman, Miles Brundage, Brundage, John Schulman OpenAI, Srinivas Narayanan, Scott Grey, Grey, Bob McGrew, Research Che Chang, Lillian Weng, Safety Systems Mark Chen, Frontiers Research Barret Zoph, Peter Deng, Jan Leike Evan Morikawa Steven Heidel Jong Wook Kim, Tao Xu, Christine McLeavey, Christina Kim, Christopher Hesse, Heewoo, Alex Nichol, William Fedus, Henrique Ponde de Oliveira Pinto, Aditya Ramesh, Hunter Lightman, Harrison Edwards, Yura, Tyna, Pamela Mishkin, Casey Chu, David Dohan, Aidan Clark, Raul Puri, Leo Gao, Yang, Giambattista Parascandolo Todor Markov, Nick Ryder Organizations: Business, BI, OpenAI, Khosla Ventures, Facebook, Research, Google, Tesla, U.S . Department of Energy, Oxford University, Safety Systems, Frontiers Research Locations: Albania, Canada, OpenAI

☆ OpenAI employees reportedly celebrated Sam Altman's return with a smoke machine-filled party that triggered the fire alarm and 2 fire trucks
▼ + stars: | 2023-11-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

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

☆ 'The gorilla is gone for the moment': OpenAI's rivals see ways to profit from a Silicon Valley drama
▼ + stars: | 2023-11-21 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

An in-demand talent pool"Many previously poorly understood secrets will be more widely disseminated across the ecosystem," one European AI founder who spoke on the condition of anonymity said. But European competitors can still benefit from OpenAI's implosion. The startup had been on an uninterrupted run for the past year, said EarlyBird VC partner and Aleph Alpha investor Andre Retterath. The turmoil at OpenAI has also galvanized both AI founders and investors in Europe. The company's top expenditure, besides employee salaries, is manually cleaning and sourcing the data they use to train their models, a European VC said.

Persons: Sam Altman, unseats, Nathan Benaich, Altman, Marc Benioff, Salesforce, Silvio Savarese, Einstein, 1RXoc9ekeo, Benaich, Alpha, EarlyBird, Andre Retterath, Retterath, Mariam Pettit, they've, OpenAI, Andrew Scott, 7percent, David Grimm, Grimm, Rebecca Gorman Organizations: Air Street Capital, Business, Aleph Alpha, Microsoft, Google, Alpha, Global Founders Capital, Albion Locations: Europe, OpenAI

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

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

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

☆ Marc Benioff is trying to use X to poach talent from OpenAI, and people are having a field day in the comments
▼ + stars: | 2023-11-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Salesforce CEO Marc Benioff is trying to get ahead of the race to poach OpenAI's talent. AdvertisementAfter the weekend of chaos at OpenAI, Salesforce CEO Marc Benioff is eyeing an opportunity for new talent. "Lol, like it was ever about compensation," wrote Boris Power, OpenAI's head of applied research, in response to Benioff. "Looking forward to joining Salesforce!" I was the janitor at OpenAI, total comp $1.2m base + $50m equityLook forward to joining Salesforce!

Persons: Marc Benioff, —, Salesforce's Einstein, Lol, Boris Power, ove, ould Organizations: Service, Salesforce's Locations: OpenAI, ife

☆ Inflection AI's Mustafa Suleyman tells OpenAI staff 'come run with us' after 'utterly insane' weekend
▼ + stars: | 2023-11-21 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Mustafa Suleyman told OpenAI staff "come run with us" after a "utterly insane" weekend. The Inflection AI cofounder and CEO used an X post to promote his own firm and its progress. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe cofounder of Inflection AI weighed in on the "utterly insane" weekend experienced by its rival OpenAI and told workers to "come run with us." It's now the 2nd best LLM in the world ... & we're scaling MUCH further," Suleyman said in an X post .

Persons: Mustafa Suleyman, OpenAI, —, who's, It's, Suleyman, — Mustafa Suleyman, @mustafasuleyman, OpenAI's ChatGPT, Sam Altman, reinstates Altman, Kelsey Laymon, Marc Benioff, Eric Schmidt, Bill Gates, Reid Hoffman, DeepMind Organizations: Service, Microsoft, Nvidia, Forbes, TechCrunch, Paypal, Google, Business

☆ Salesforce CEO pledges to match contracts of OpenAI researchers who resign and join Einstein Trusted AI team
▼ + stars: | 2023-11-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Marc Benioff promised to match the contracts of OpenAI researchers who resign to join Salesforce. The offer comes amid the chaotic ouster of OpenAI CEO Sam Altman, and rumors Altman could return to the job. "Salesforce will match any OpenAI researcher who has tendered their resignation full cash & equity OTE to immediately join our Salesforce Einstein Trusted AI research team under Silvio Savarese," Benioff, the Salesforce CEO, posted on X in a pledge to buy out the OpenAI researchers' contracts, along with any unrealized profits and sales incentives. As many as 95% of OpenAI workers have also threatened to quit if Altman, the company's co-founder, is not reinstated. AdvertisementSalesforce's Einstein is the company's generative AI program built for managing relationships with customers.

Persons: Marc Benioff, Sam Altman, Altman, —, Salesforce, Silvio Savarese, Einstein, Benioff, Greg Brockman, OpenAI, Jakub Pachocki, Szymon Sidor, Aleksander Madry, Savarese, Stanford — Organizations: Salesforce, Service, Enterprise, Business, OpenAI, New York Times, Stanford

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

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

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

☆ 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

☆ Chaos at OpenAI ensues
▼ + stars: | 2023-11-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at the continued fallout from the shocking Sam Altman ouster at OpenAI. Altman is alive and well, but his run as CEO of OpenAI ended abruptly on Friday. But in the days since his firing, he's escaped a messy weekend looking like the ultimate hero, Business Insider's Katie Notopoulos writes. To be fair, Microsoft CEO Satya Nadella and OpenAI CEO Emmett Shear don't seem to know why either. Meanwhile, Salesforce's Marc Benioff is already actively recruiting OpenAI employees on X.

Persons: —, Sam Altman, Altman, OpenAI, he's, Katie Notopoulos, Altman isn't, Ilya Sutskever —, Sutskever, Kali Hays, Satya Nadella, Emmett Shear, Satya Nadella Stephen Brashear, Julie Bort, Microsoft's Nadella, Nadella, that's, Madeline Renbarger, That's, It's, Kali, Ashley Stewart, Salesforce's Marc Benioff, Scott Olson, Bridgewater's, Greg Jensen, Jim Chanos, Elon, New York Jefferson Siegel, Nvidia's, Jensen Huang, execs, Elon Musk, Linda Yaccarino, Arantza Pena Popo, Camila Téllez, Melkorka, Téllez, Carly Rae Jepsen, Björk, Colleen Ballinger, Clinton, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Microsoft, Getty, BlackRock, Reuters, Nvidia, Elon, HP, Nordstrom, Clinton Lee Locations: OpenAI, Silicon Valley, Bridgewater, New York, Texas, Millennials, New York City, San Diego, London

Search resuls for: "Marc Benioff"

25 mentions found