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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
Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation during Computex 2023. When Nvidia reports fiscal third-quarter results Tuesday, analysts are expecting to see revenue growth of over 170%. Heading into the Thanksgiving holiday, Wall Street will be closely scrutinizing the company that's been at the heart of this year's artificial intelligence boom. In particular, the emergence of AMD in the generative AI market presents a new dynamic for Nvidia, which has mostly had the AI graphics processing unit (GPU) market to itself. "NVDA needs to forcefully counter the narrative its products are too expensive for generative AI inference," the Bank of America analysts wrote.
Persons: Jensen Huang, that's, Lisa Su, Raymond James, OpenAI's, Sam Altman, OpenAI, Emmett Shear, Satya Nadella, Altman, Greg Brockman, Jensen, Eric Jackson Organizations: Nvidia, " Bank of America, AMD, Bank of America, FactSet, LSEG, Microsoft, Cailian Press Locations: China, 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
[1/2] Twitch CEO Emmett Shear speaks in a still image taken from a video interview with Reuters in San Francisco, U.S. which was broadcast in May 2018. Ex-Twitch boss Emmett Shear has been appointed to lead the company behind ChatGPT, replacing Altman following his shock sacking on Friday. Earlier on Monday, OpenAI backer Microsoft (MSFT.O) said Altman will join the company to lead a new advanced artificial intelligence research team. OpenAI Chief Operating Officer Brad Lightcap told staff on Saturday it was over a "breakdown of communications" not "malfeasance". I'm not crazy enough to take this job without board support for commercializing our awesome models," he said.
Persons: Emmett Shear, Sam Altman, Altman, Emmett, Brad Lightcap, I'm, Josephine Mason, Emelia Sithole Organizations: Reuters, REUTERS, Microsoft, Thomson Locations: San Francisco , U.S, U.S, OpenAI
CNN —Microsoft’s CEO Satya Nadella hinted on Monday that he was still open to Sam Altman rejoining OpenAI – despite an announcement earlier in the day that Altman would join Microsoft’s artificial intelligence innovation division. Nadella said he was “open to both options” when asked in a Monday CNBC interview whether Altman would actually join Microsoft. “Look, that is for the OpenAI board and management and the employees to choose,” Nadella said. With a $13 billion investment in OpenAI, Microsoft is one of the company’s biggest backers. “Let’s just say it’s fantastic to have lots of capable people who can become CEOs of Microsoft,” Nadella said.
Persons: CNN —, Satya Nadella, Sam Altman, OpenAI, Altman, Nadella, ” Nadella, , , Greg Brockman, Mira Murati, Twitch, Emmett Shear –, mulling, Greg, they’re, Kara Swisher’s “, Nadella demurred, “ Let’s Organizations: CNN, CNBC, Microsoft Locations: OpenAI
Marissa Mayer slammed OpenAI's 'broken and underadvised' board on social media. AdvertisementMarissa Mayer has some harsh words for OpenAI's board. "The fact that Ilya now regrets just shows how broken and underadvised they are/were," Mayer wrote on social media. OpenAI's bylaws allow board members to both appoint and remove other board members with a majority vote, Wired reported. In the case of OpenAI, which had only six board members, a majority vote meant only four board members needed to agree on a change to approve it.
Persons: Marissa Mayer, OpenAI's, OpenAI, Sam Altman, Mayer, , Altman, Ilya Sutskever, Sutskever, Emmett Shear, Ilya, Reid Hoffman, Shivon Zilis, Will Hurd, spokespeople, Hoffman, Brian Chesky Organizations: Yahoo, Service, Twitter, Google, Microsoft, Wired, Republican, ppl Locations: OpenAI
New Delhi/New York CNN —Microsoft has hired Sam Altman to power up its artificial intelligence research efforts just days after the co-founder of OpenAI was ousted as CEO in a chaotic boardroom coup. Meanwhile, Emmett Shear, the former CEO of Amazon’s streaming service Twitch, will join OpenAI as interim CEO. “We look forward to getting to know Emmett Shear,” Microsoft CEO Satya Nadella said in a post on X, formerly known as Twitter. In a post on X early Monday, Shear described the chance to join OpenAI as “a once-in-a-lifetime” opportunity. More recently, Altman announced that OpenAI would make its tools widely available so anyone could create their own version of ChatGPT.
Persons: Sam Altman, OpenAI, Greg Brockman, Brockmann, Altman, Emmett Shear, Satya Nadella, ” Nadella, Shear, , Brockman, Ilya Sutskever, Kara Swisher, Jony, Bing, Swisher, , OpenAI “, , “ I’m Organizations: New York CNN, Microsoft, OpenAI Locations: New Delhi, New York, Altman’s
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
of OpenAI, the leader in commercializing generative A.I. By Monday, he had not only been fired by his board — he had also joined Microsoft, the start-up’s biggest backer. A recap:OpenAI’s board fired Altman for not being “consistently candid.” Greg Brockman, another co-founder, was stripped of his chairman title and quit. Talks to bring Altman back broke down, with OpenAI’s board eventually naming Emmett Shear, the former C.E.O. (Some OpenAI employees workers wrote on X that “OpenAI is nothing without its people,” posts that Altman liked.)
Persons: Sam Altman, Altman, Greg Brockman, OpenAI —, , Emmett Shear, Mira Murati, Brockman, Ilya Sutskever, Elon Musk, Geoffrey Hinton Organizations: Microsoft, up’s, OpenAI Locations: OpenAI, ChatGPT
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
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
OpenAI's new interim CEO has said AI could potentially take over jobs like his. Much of the CEO role, Emmett Shear tweeted on Thursday, can be automated. Shear was appointed as OpenAI's top exec after Sam Altman was ousted on Friday by the company board. AdvertisementEmmett Shear, OpenAI's new interim CEO, thinks artificial intelligence can perform most of a CEO's responsibilities. Shear, who was previously the CEO of streaming platform Twitch, reposted a 2021 article that suggested companies automate CEO roles.
Persons: Emmett Shear, Shear, Sam Altman, , Will Dunn, Twitch, Altman, OpenAI's, Greg Brockman — OpenAI's, Satya Nadella, Nadella Organizations: Service, The New Statesman, Business Insider, Microsoft Locations: OpenAI
Microsoft CEO Satya Nadella said both Altman and Greg Brockman were joining the company. The move follows a chaotic weekend for Altman after he was ousted as CEO of OpenAI. AdvertisementFormer OpenAI CEO Sam Altman is joining Microsoft. Microsoft CEO Satya Nadella announced on Monday he was adding both Altman and former OpenAI president Greg Brockman to the company's ranks. In a post on X, Brockman said the new Microsoft team would comprise him, Altman, Aleksander Madry, Szymon Sidor, Jakub Pachocki.
Persons: Sam Altman, Satya Nadella, Altman, Greg Brockman, , Nadella, Emmett Shear, ChatGPT, Mira Murati, Brockman, Aleksander Madry, Szymon Sidor, Jakub Pachocki Organizations: Microsoft, Service, OpenAI, Twitch
Microsoft's (MSFT) bold move to hire ousted OpenAI CEO Sam Altman after days of chaos will help the software and cloud giant widen its lead in artificial intelligence. Greg Brockman, another OpenAI co-founder as well as its president and chairman, also departed and joined Altman to lead a new AI effort at Microsoft. OpenAI, the company behind ChatGPT, is a key AI partner of Microsoft, which has invested billions of dollars in the startup. "A lot of people could be poached" from OpenAI, Jim speculated. Reception for Copilot, a generative AI tool for Microsoft 365 productivity apps, has also been very positive as well.
Persons: Sam Altman, OpenAI, Altman, Greg Brockman, I've, Jim Cramer, Jim, Brockman, Satya Nadella, Emmett Shear, Nadella, Jim Cramer's, Gary Hershorn Organizations: Microsoft, NBC, OpenAI, CNBC, NEW, Corbis, Getty Locations: OpenAI, NY, New York City
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
Microsoft CEO Satya Nadella told CNBC's Jon Fortt on Monday that the governance structure of OpenAI needs to change, three days after the sudden firing CEO Sam Altman. Early Monday morning Nadella said that Altman, Brockman and their colleagues would join Microsoft as part of a new AI research group. That post followed news that ex-Twitch CEO Emmett Shear had been named OpenAI interim head as Altman looked to depart. Nadella told Fortt that Microsoft respects OpenAI's nonprofit roots and shares its belief that AI needs to be developed and rolled out in a safe manner. WATCH: A timeline of the drama between Sam Altman, OpenAI and Microsoft
Persons: Satya Nadella, CNBC's Jon Fortt, Sam Altman, Nadella, Altman, OpenAI, Greg Brockman, Brockman, Emmett Shear, Fortt Organizations: Microsoft, Tiger, Sequoia Capital
Emmett Shear is the new interim CEO of OpenAI after Sam Altman's surprise ouster. AdvertisementEmmett Shear, the man slated to be the new interim CEO of OpenAI, believes artificial intelligence has a very real potential to destroy all life. "That loop will get tighter and tighter and tighter, and faster and faster and faster, until it can fully self-improve itself. There's a 5 to 50% probability that this could actually play out, Shear told Bartlett, though he said there was still "uncertainty" around such estimates. In another interview in September, Shear told podcast host and entrepreneur Shaan Puri that it was his optimism toward AI that made him fear its capabilities.
Persons: Emmett Shear, Sam Altman's, Altman, , Shear, Logan Bartlett, Bartlett, Shaan Puri, Sam Altman, Shear's, Dall, it's, OpenAI Organizations: Service, Business Insider Locations: There's
Emmett Shear is the new interim CEO of OpenAI following the ouster of Sam Altman. AdvertisementFormer Twitch CEO Emmett Shear has been named the new interim CEO of OpenAI following Sam Altman's shock firing at the artificial intelligence startup over the weekend. AdvertisementWho is Emmett Shear? In 2014, Amazon bought Twitch for $970 million and Shear stayed on as the CEO of the company. He remained at the tech startup accelerator for five years up until June 2016, according to his LinkedIn account.
Persons: Emmett Shear, Sam Altman, Twitch, , Sam Altman's, Shear, Emmett, Justin Kan, Kiko —, Elliot Noss, Kan —, Combinator Organizations: Amazon, Service, United Airlines, Yale University, eBay, Google Locations: Seattle, Justin.tv
Microsoft announced Monday that it has hired Sam Altman and another architect of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world. Microsoft Chairman and CEO Satya Nadella tweeted that the U.S. tech giant is committed to its partnership with OpenAI, whose chatbot kicked off the generative AI craze by producing human-like text, images, video and music. Microsoft invested billions of dollars in the startup and helped provide the computing power to run its AI systems. “We’re extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team,” Nadella said. The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.
Persons: Sam Altman, OpenAI, Satya Nadella, Nadella, Emmett Shear, OpenAI's, Greg Brockman, ” Nadella, Altman, Brockman, Mira Murati, It's, Shear, didn't, , Valley’s, ” OpenAI Organizations: Microsoft, OpenAI, Associated Press Locations: U.S
The gain came after Satya Nadella said that former OpenAI CEO Sam Altman would join the company. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMicrosoft's stock price hit an all-time high Monday, as investors reacted to former OpenAI CEO Sam Altman joining the Big Tech giant. That increase added $54 billion of market value to the tech giant and extended its torrid year-to-date stock gain to 57%. The stock rose after Microsoft CEO Satya Nadella announced Monday that the company had hired Altman, as well as former OpenAI president Greg Brockman.
Persons: Satya Nadella, Sam Altman, , Altman, Greg Brockman, Nadella, Emmett Shear, Joshua Mahony, Monday's Organizations: Microsoft, Service, Big Tech, OpenAI, Twitch, Bing, Markets
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
Elon Musk says OpenAI's Ilya Sutskever wouldn't have fired Sam Altman unless it was necessary. "Ilya has a good moral compass and does not seek power," the former OpenAI board member said. "He would not take such drastic action unless he felt it was absolutely necessary," Musk continued. OpenAI's board said in a statement that Altman "was not consistently candid in his communications with the board" but has not given further details. AdvertisementMusk was previously on OpenAI's board of directors.
Persons: Elon Musk, Ilya Sutskever wouldn't, Sam Altman, Ilya, Musk, , Ilya Sutskever's, Sam Altman's, OpenAI's, Altman, Greg Brockman, Sutskever, ChatGPT, Grok, CNBC's David Faber, OpenAI, Faber, Emmett Shear, Satya Nadella Organizations: CNBC, Service, New York Times, OpenAI, Microsoft, Musk, Business Insider Locations: OpenAI
Emmett Shear, former CEO of Twitch, in a Bloomberg Television interview in San Francisco, California, U.S., on Wednesday, Sept. 14, 2016. OpenAI is bringing in former Twitch CEO Emmett Shear to run the artificial intelligence company, two days after the sudden ouster of Sam Altman, CNBC has confirmed. Unlike most Silicon Valley startups, OpenAI wasn't structured like a typical corporation with large chunks of equity controlled by the founders. Shear stepped down as CEO of Twitch, the livestreaming service now owned by Amazon , in March. — CNBC's Ari Levy contributed to this reportWATCH: Madrona's Matt McIlwain talks Sam Altman's departure as OpenAI CEO
Persons: Emmett Shear, Twitch, OpenAI, Sam Altman, Shear, Altman, Mira Murati, didn't, Murati, — CNBC's Ari Levy, Matt McIlwain, Sam Altman's Organizations: Bloomberg Television, CNBC, Bloomberg, Microsoft, Tiger, Sequoia Capital, Amazon, OpenAI Locations: San Francisco , California, U.S
The photograph tells us nothing about whether or how these children are related. Hundreds of Israeli hostages, including children, are believed to be held in Gaza by Hamas, their families desperate for their safe release. It is a rare thing for mainstream news organizations to publish graphic images of dead or wounded children. There is nothing quite so devastating as the image of a child whose life has been snuffed out by senseless violence. And so the slaughter in Maine reminded me of another image from Gaza, one you may have seen on social media.
Persons: Mahmud Hams, Israel, I’ve, Emmett Till’s, Kim Phuc Phan Thi, Nick Ut’s, , Biden, ” Susan Sontag, , Sontag, photojournalists, Aaron Young, Mohammed Salem, Khan Younis, Inas Abu Maamar, Saly, Mary, Jesus, Bashar al Organizations: Palestinian Hamas, Agence France, Ministry of Health, Times, The Times, Hamas, Oslo Accords, Reuters Locations: Al Aqsa, Deir al, Gaza, Israel, Palestinian, Mahmud, Vietnam, Syrian, Turkey, Europe, Oslo, , Bosnia, Sarajevo, Maine, Khan, Khartoum, Russian
Twitch CEO Dan Clancy is traveling the US in a van to meet top streamers and hear their concerns. AdvertisementAdvertisementTwitch CEO Dan Clancy is taking an unusual approach to strengthen the relationship between the company's leadership and its community of creators. Higa previously raised over $500,000 in a single online auction to fund her animal sanctuary with help from other big streamers. AdvertisementAdvertisement"He asked a lot of questions about how it works, and how we use Twitch," Higa told Bloomberg. Clancy went viral earlier this year after giving an impromptu singing performance in a Twitch livestream.
Persons: Dan Clancy, Clancy, Emmett Shear, , He's, Twitch, Tyler, Ninja, Blevins, Higa, DJClancy, John Denver's Organizations: NASA, Service, Bloomberg
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