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OpenAI Says Sam Altman Is Out as CEO: ‘Board No Longer Has Confidence’OpenAI said co-founder Sam Altman is leaving as chief executive. Mira Murati, chief technology officer at the artificial-intelligence company, will serve as interim CEO. Photo: David Paul Morris/Bloomberg News
Persons: OpenAI, Sam Altman, Mira Murati, David Paul Morris Organizations: Bloomberg
At least two-thirds of OpenAI staff have threatened to quit and join Sam Altman at Microsoft. It follows days of chaos at OpenAI after CEO Sam Altman was fired in a shock move. AdvertisementNearly 500 OpenAI staff have threatened to quit unless all current board members resign and ex-CEO Sam Altman is reappointed. Late on Sunday, Microsoft CEO Satya Nadella announced that Altman and former OpenAI president Greg Brockman would be joining a new AI team at Microsoft, after efforts by investors and current employees to bring him back as OpenAI CEO fell apart. OpenAI and Microsoft did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: Sam Altman, , Mira Murati, Brad Lightcap, Altman, Kara Swisher, Ilya Sutskever, Jan Leike, Murati, Satya Nadella, Greg Brockman, OpenAI, Emmett Shear, Twitch Organizations: Microsoft, Service, Wired, Sutskever, Business
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
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
ET, OpenAI publicly announced that it had fired Altman over concerns that he was not always truthful with the board. OpenAI’s strategic partners, including investor Microsoft, were also reportedly informed of Altman’s ouster minutes before the board’s announcement. Microsoft CEO Satya Nadella reportedly mediated the discussion. Hundreds of employees on Monday morning signed an open letter calling on the company’s board to resign and reinstate Altman and Brockman. The Verge reported Monday afternoon that Altman and Brockman could still return to OpenAI if the board members who fired him resign.
Persons: Sam Altman —, he’d, OpenAI, Altman, Ilya Sutskever, Greg Brockman, Mira Murati, Altman’s, , what’s, ” Brockman, Kara Swisher, Joel Saget, Satya Nadella, Nadella, Brockman, Emmett Shear, Murati, openai, ” Altman Organizations: New, New York CNN, Microsoft, Google, Getty, OpenAI Locations: New York, AFP, OpenAI
Sam Altman sure came out a hero
  + stars: | 2023-11-20 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +5 min
After OpenAI's board booted CEO Sam Altman, industry peers and colleagues voiced their support. AdvertisementSam Altman comes out of the OpenAI CEO situation looking like a Silicon Valley hero. What IS clear is that Sam Altman has come out of the situation looking like a hero so far. After some failed negotiations about returning to OpenAI, Altman is now heading to work at Microsoft. As the dust settles (well, maybe) a narrative has emerged: Sam Altman has come out of this very well.
Persons: Sam Altman, Ilya Sutskever, Altman, , OpenAI, Justin Sullivan, Eric Schmidt, Brian Chesky, Schmidt, Marissa Mayer, Elon Musk, Mira Murati –, Mira Murati, we've, — Ilya Sutskever, Sutskever Organizations: Service, Google, OpenAI, Microsoft
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,
OpenAI 's current independent board has offered two examples of the alleged lack of candor that led them to fire co-founder and CEO Sam Altman, sending the company into chaos. Staff had spent the day expecting to be told of the reinstatement of Altman as CEO. Sustkever is said to have offered two explanations he purportedly received from the board, according to one of the people familiar. One explanation was that Altman was said to have given two people at OpenAI the same project. These explanations didn't make sense to employees and were not received well, one of the people familiar said.
Persons: OpenAI, Sam Altman, Ilya Sutskever, Emmett Shear, Mira Murati, Altman, Shear, Sutskever, Sustkever, it's, Satya Nadella, Adam D'Angelo, Tasha McCauley, Helen Toner, Setskever, Greg Brockman, Murati, she's, Kali Hays Organizations: Twitch, Business, Staff, Google, OpenAI, Murati, Microsoft, Georgetown Center for Security, Emerging Technology, Twitter Locations: OpenAI's San Francisco, khays@insider.com, @hayskali
In a letter obtained by CNN, the more than 500 employees accused the OpenAI board of mishandling Altman’s firing, failing to provide sufficient evidence for claims that Altman had not been candid with the board, and “negotiating in bad faith” with the company’s executive leadership. “Your actions have made it obvious that you are incapable of overseeing OpenAI,” wrote the employees. Murati’s promotion has since been superseded by the appointment of incoming interim CEO Emmett Shear, the 40-year-old co-founder of the livestreaming company Twitch. “Microsoft has assured us that there are positions for all OpenAI employees,” the letter added. After Sutskever posted his message to X, Altman amplified the apology by quote-posting it.
Persons: Sam Altman, Altman, , , reinstates Altman, Greg Brockman, Mira Murati, Ilya Sutskever, OpenAI’s, Murati’s, Emmett Shear, Sutskever, we’ve, Adam D’Angelo, Tasha McCauley, Helen Toner, Altman’s Organizations: CNN, Microsoft, Georgetown University’s Center for Security, Emerging Technology Locations: OpenAI
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
Greg Brockman announced three key OpenAI staffers are following him and Sam Altman to Microsoft. Sam Altman is heading up a new AI team at Microsoft after his shock firing by the OpenAI board. All three are senior or longstanding employees at OpenAI, suggesting that the company may face a talent drain after Altman's shock firing. OpenAI announced that Twitch co-founder Emmett Shear would become interim CEO of the AI firm, after negotiations to bring Altman back broke down. The Information also reported that fellow AI startups Cohere and Adept were reaching out to OpenAI employees and that Google Deepmind had received an uptick in resumes from OpenAI workers.
Persons: Greg Brockman, Sam Altman, , Satya Nadella's, Altman, Jakub Pachocki, Szymon Sidor, Aleksander Madry —, OpenAI, Twitch, Emmett Shear, Pachocki, Mira Murati, Brad Lightcap, Ilya Sutskever, Tao Xu, Google Deepmind, Jim Fan Organizations: Microsoft, Service, Google Locations: OpenAI
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
OpenAI CEO Sam Altman was ousted on Friday, igniting chaos inside the company. Amid discussions that the OpenAI board would be remade, Bret Taylor was asked to join. The former Salesforce executive and Twitter board chair is no longer poised to do so. Yet, in another affront to employees, it seems some expected changes to the board are no longer in the works. Now he is no longer set to join the OpenAI board.
Persons: Sam Altman, Bret Taylor, , Altman, — Emmet Shear, Twitch, Mira Murati —, Elon Musk, Taylor, Greg Brockman, Adam D'Angelo, Tasha McCauley, Helen Toner, Ilya Setskever, Setskever, Brockman, Kali Hays Organizations: Service, Twitter, Elon, Microsoft, Georgetown Center for Security, Emerging Technology Locations: khays@insider.com, @hayskali
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch a timeline of the drama between Sam Altman, OpenAI and MicrosoftHundreds of OpenAI employees have signed a letter threatening to join former OpenAI CEO Sam Altman at Microsoft if OpenAI's remaining board members resign. Altman was forced out of OpenAI on Friday by the company's board over communication issues. OpenAI's chief technology officer Mira Murati was appointed as interim CEO following Altman's ousting.
Persons: Sam Altman, OpenAI, Altman, Mira Murati Organizations: Microsoft Locations: OpenAI
Microsoft emerges as big winner from OpenAI turmoil
  + stars: | 2023-11-20 | by ( Aditya Soni | ) www.reuters.com   time to read: +3 min
[1/2] Microsoft Chief Executive Officer (CEO) Satya Narayana Nadella speaks at a live Microsoft event in the Manhattan borough of New York City, October 26, 2016. The turmoil at OpenAI since Friday had raised fears about the fallout for Microsoft, which has pumped in billions of dollars and uses the pioneer's technology for most of its AI offerings. That was nearly equal to the valuation OpenAI commanded in its last fundraise. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.
Persons: Satya Narayana Nadella, Lucas Jackson, Sam Altman, Altman, Dan Ives, Brockman, OpenAI, Greg Brockman, Szymon Sidor, SemiAnalysis, Mira Murati, Aditya Soni, Akash Sriram, Sriraj Organizations: Microsoft, REUTERS, Google, Wedbush Securities, Thomson Locations: Manhattan, New York City, OpenAI, Bengaluru
OpenAI logo is seen in this illustration taken, February 3, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20 (Reuters) - OpenAI's staff has threatened to quit the artificial intelligence startup and join former boss Sam Altman at Microsoft's (MSFT.O) new division unless the board resigns, according to a letter seen by Reuters. Apart from Chief Technology Officer Mira Murati, Chief Data Scientist Ilya Sutskever and Chief Operating Officer Brad Lightcap, about 500 members of OpenAI staff said they would resign, a person familiar with the matter told Reuters. OpenAI did not immediately respond to a Reuters request for comment. Reporting by Akash Sriram in Bengaluru; Editing by Shweta Agarwal and Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Sam Altman, Mira Murati, Ilya Sutskever, Brad Lightcap, OpenAI, Akash Sriram, Shweta Agarwal, Anil D'Silva Organizations: REUTERS, Reuters, Thomson Locations: Microsoft's, Bengaluru
That was nearly equal to the valuation OpenAI commanded in its last fundraise. "If Microsoft lost Altman, he could have gone to Amazon, Google, Apple, or a host of other tech companies," said Wedbush Securities analyst Dan Ives. We view Microsoft now even in a stronger position with Altman and Brockman at Microsoft running AI. Altman will lead a new research team at the software giant following his surprise ouster by OpenAI that shocked the tech industry. "The OpenAI for-profit subsidiary was about to conduct a secondary at a $80 billion+ valuation.
Persons: Satya Narayana Nadella, Lucas Jackson, Sam Altman, Altman, Dan Ives, Brockman, OpenAI, Greg Brockman, Szymon Sidor, SemiAnalysis, Mira Murati, Aditya Soni, Akash Sriram, Sriraj Organizations: Microsoft, REUTERS, Google, Wedbush Securities, Thomson Locations: Manhattan, New York City, OpenAI, Bengaluru
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
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
OpenAI employees are having a tough time after Sam Altman was suddenly ousted from the company. Here's what OpenAI employees are saying about the chaotic transition. Since Friday the company has cycled through three CEOs: cofounder Sam Altman, former CTO Mira Murati, and current CEO Emmett Shear, who cofounded Twitch. AdvertisementMore OpenAI staffers have threatened to join them unless Altman is reinstated and the board resigns. Throughout the night on Sunday, more OpenAI staffers spoke out, sharing the repeated message: "OpenAI is nothing without its people."
Persons: Sam Altman, Altman, , Mira Murati, Emmett Shear, Greg Brockman, Aleksander Madry, Employees haven't, cofounders Brockman, Will Depue, Sam, Greg, Ilya Sutskever, Shengjia Zhao, Ilya, Jan Leike, Andrej Karpathy Organizations: Service, Microsoft, Employees, Business, Sutskever, 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
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
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
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
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
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