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☆ OpenAI: Why Sam Altman was fired and what’s next after the shocking shakeup
▼ + stars: | 2023-11-18 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

On Thursday evening, Altman received a text message from Ilya Sutskever, another co-founder of OpenAI and its chief scientist, Brockman said. “Sam joined a Google Meet and the whole board, except Greg, was there,” Brockman said, referring to himself. Around the same time, OpenAI published a blog post.”According to Swisher, Altman did not learn about the subject of the meeting until 30 minutes before. “Greater things coming soon.”CNN has reached out to OpenAI for comment on Brockman and Swisher’s accounts of how the events transpired. An interim CEOIn announcing Altman’s firing, OpenAI said chief technology officer Mira Murati will serve as interim CEO.

Persons: Sam Altman, Greg Brockman, Altman, Kara Swisher, Ilya Sutskever, Brockman, “ Sam, Greg, ” Brockman, “ Ilya, Sam, ”, Ilya, OpenAI, Swisher, “, what’s, Mira Murati, Murati, ” Murati Organizations: CNN, Twitter, OpenAI, Google, “, Microsoft, Bing, ”, ” CNN, Dartmouth Locations: OpenAI

☆ The tech world reacts in shock to Sam Altman's departure from OpenAI
▼ + stars: | 2023-11-17 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Ex-CEO Sam Altman has left OpenAI — and the tech community is freaking out. AdvertisementOpenAI just sent shockwaves through the tech industry by announcing that Sam Altman is out as CEO — and members of the tech community are freaking out. In response to Altman's departure, members of the tech community are turning to X, formerly known as Twitter, to express their shock. Some techies are even reacting to Altman's departure in sheer disbelief. OpenAI referred Insider to its announcement of Altman's departure when reached for comment.

Persons: Sam Altman, —, Mira Murati, OpenAI, ChatGPT, Altman —, Altman, Pietro Schirano, Matt Wolfe, Eric Schmidt, Kara Swisher, may've, Kambha Organizations: Tech, Service, Google, Arizona State University

The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board. “The board no longer has confidence in his ability to continue leading OpenAI,” the artificial intelligence company said in a statement. Mira Murati, OpenAI’s chief technology officer, will take over as interim CEO effective immediately, the company said, while it searches for a permanent replacement. While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. Forrester analyst Rowan Curran said Altman's departure, “while sudden,” does not likely reflect problems with OpenAI's business.

Persons: Sam Altman, “, Mira Murati, Altman, what’s, He's, Greg Brockman, Ilya Sutskever, Adam D’Angelo, Tasha McCauley, Helen Toner, Mira, ”, Paul Graham, “ Sam, Graham, ” OpenAI, Elon Musk, Musk, Elon ”, Rowan Curran, ” Curran, Haleluya Hadero, Kelvin Chan, Michael Liedtke, David Hamilton Organizations: Associated Press, OpenAI, Economic Cooperation, Georgetown Center for Security, Emerging Technology, Microsoft Locations: openai, London, Asia, San Francisco, New York

☆ OpenAI's Sam Altman exits as CEO because 'board no longer has confidence' in his ability to lead
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

OpenAI's board of directors said Friday that Sam Altman will step down as CEO and will be replaced on an interim basis by technology chief Mira Murati. "The board no longer has confidence in his ability to continue leading OpenAI," the statement said. The board also said that Greg Brockman, OpenAI's president, "will be stepping down as chairman of the board and will remain in his role at the company, reporting to the CEO." Before taking over as CEO, Altman, 38, was president of startup accelerator Y Combinator and gained prominence in Silicon Valley as an early-stage investor. Microsoft CEO Satya Nadella made a surprise guest appearance during the event, joining Altman on stage to discuss the startup's AI technologies and its partnership with Microsoft.

Persons: Sam Altman, Mira Murati, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, OpenAI, Greg Brockman, what's, Murati, Mira, ChatGPT, Satya Nadella, Nadella, Elon Musk, Altman, rapt, Ted Lieu, Mike Johnson, Joe Biden, Xi Jinping, Altman didn't, — CNBC's Lora Kolodny Organizations: Tech, Conference, Georgetown Center for Security, Emerging Technology, Microsoft, OpenAI, U.S . Senate, House Democratic Caucus, Economic Cooperation, U.S Locations: Laguna Beach , California, Mira, Silicon Valley, Indonesia, Asia, Pacific, Singapore, India, China, South Korea, Japan, San Francisco

☆ Sam Altman, CEO of ChatGPT parent company Open AI, is out after board found he was ‘not consistently candid’
▼ + stars: | 2023-11-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —OpenAI, the company behind the viral chatbot ChatGPT, fired its CEO and founder, Sam Altman, on Friday. The company, in a statement, said an internal investigation found that Altman was not always truthful with the board. ChatGPT launched late last year, making Altman an overnight quasi-celebrity and the face of a new crop of AI tools that can generate images and texts in response to simple user prompts. Google has a rival called “Bard,” and other generative AI tools have been developed in recent months. “I am sure the OpenAI board took this decision after a lot of deliberation,” he said.

Persons: CNN — OpenAI, Sam Altman, shockwaves, Altman, Mr, ” OpenAI, Mira Murati, “, ”, what’s, ChatGPT, “ Bard, Kamala Harris, Joe Biden, OpenAI, Elon Musk, Arun Chandrasekaran, he’s, Murati, Mira, Eric Schmidt, ” Schmidt, ” Reece Hayden, ” Hayden, CNN’s Clare Duffy Organizations: CNN, Fortune, Microsoft, Google, “, White House, Gartner Research, Dartmouth, OpenAI, Tesla, ABI Research Locations: openai, San Francisco, Albania

☆ ChatGPT Plus subscriptions are being listed on eBay after OpenAI blocked signups
▼ + stars: | 2023-11-16 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

OpenAI boss Sam Altman said on Wednesday that the company would pause new ChatGPT Plus signups. Some users have responded by listing ChatGPT Plus account details on eBay. AdvertisementChatGPT Plus subscriptions are cropping up on eBay after Sam Altman said the company was pausing new signups due to a surge in demand. "We are pausing new ChatGPT Plus sign-ups for a bit," the OpenAI boss said in a post on X . The AI startup has rapidly become one of Silicon Valley's biggest cash cows , thanks to the stratospheric rise of ChatGPT and new paid tiers like ChatGPT Plus, which the company announced in February .

Persons: Sam Altman, Altman, —, OpenAI's, OpenAI Organizations: eBay, Service, Business Locations: San Francisco

☆ Microsoft introduces its own chips for AI, with eye on cost
▼ + stars: | 2023-11-15 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

Microsoft said it does not plan to sell the chips but instead will use them to power its own subscription software offerings and as part of its Azure cloud computing service. Microsoft and other tech giants such as Alphabet are grappling with the high cost of delivering AI services, which can be 10 times greater than for traditional services such as search engines. The Maia chip, they said, is optimized for that work. Microsoft also said that next year it will offer its Azure customers cloud services that run on the newest flagship chips from Nvidia (NVDA.O) and Advanced Micro Devices. He said the Maia chip would allow Microsoft to sell AI services in the cloud until personal computers and phones are powerful enough to handle them.

Persons: Maia, OpenAI, Scott Guthrie, Ben Bajarin, Bajarin, Microsoft's Guthrie, Guthrie, Rani Borkar, Borkar, Stephen Nellis, Edmund Klamann Organizations: Reuters, Microsoft, REUTERS Acquire, Wednesday, Ignite, Nvidia, Devices, Amazon Web Services, Arm Holdings, Amazon, Taiwan Semiconductor Manufacturing, Thomson Locations: Redmond , Washington, Seattle, San Francisco

☆ An Amazon team is racing to launch new AI products similar to those from Microsoft GitHub, leaked email shows
▼ + stars: | 2023-11-15 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

An Amazon cloud VP sent a motivational email to his team last week after GitHub, the developer code-sharing site owned by Microsoft, held an artificial intelligence event and released a bunch of new products. In it, he noted the products announced at the GitHub Universe developer conference were similar to what his team is currently working on. One of the big products announced at GitHub Universe was the general availability of its Copilot Chat, a chatbot that helps answer developer questions and identify bugs. AWS, meanwhile, has announced products like Bedrock, a service that makes foundation models more easily accessible, and CodeWhisperer, a coding assistant app. The new chatbot for AWS developers is one example of that strategy, as it's intended to guide developers towards more AWS services when they are building AI products, the person familiar with the project told BI.

Persons: GitHub, Deepak Singh, Singh, They've, Google's Bard, it's Organizations: Microsoft, Business, Amazon, Services, GitHub, BI, AWS

☆ It was the most significant week in AI since the launch of ChatGPT
▼ + stars: | 2023-11-11 | by ( Samantha Kelly | ) edition.cnn.com time to read: +7 min

Elon Musk announced a sarcastic AI ChatGPT rival called Grok coming to his platform, X, formerly known as Twitter. The company unveiled a series of AI tool updates, including the ability for developers to create custom versions of ChatGPT called GPTs. Humane’s Ai PinHumane introduced its first AI wearable device called the Ai Pin From HumaneHumane, a startup founded by former Apple employees, introduced its first AI wearable device called the Ai Pin, a small blinking gadget that attaches to clothing. The Ai pin, which runs on a Snapdragon processor and boasts a Qualcomm AI engine, is packed with depth and motion sensors, features an ultra-wide camera and a laser ink display. The Ai Pin, which starts at $699, will go on sale in the US on Thursday, November 16.

Persons: OpenAI, Elon Musk, ”, Reece Hayden, Hayden, ” Hayden, Here’s, Sam Altman, Altman, Ai, Arun Chandrasekaran, “, Jaap Arriens, xAI, Douglas Adams, Elon, Grok, Musk, Chandrasekaran, Anna Coobin Organizations: CNN, OpenAI, ABI Research, Fortune, Apple, Qualcomm, Gartner, Twitter, Galaxy, Reuters, Amazon, YouTube Locations: Warsaw, Poland, British

☆ Personalized A.I. Agents Are Here. Is the World Ready for Them?
▼ + stars: | 2023-11-10 | by ( Kevin Roose | More About Kevin Roose | ) www.nytimes.com time to read: +2 min

(Examples that OpenAI created include “Creative Writing Coach” and “Mocktail Mixologist,” a bot that suggests nonalcoholic drink recipes.) The Center for AI Safety, a nonprofit research organization, listed autonomous agents as one of its “catastrophic A.I. risks” this year, saying that “malicious actors could intentionally create rogue A.I.s with dangerous goals.”But there is money to be made in A.I. assistants that can do useful tasks for people, and corporate customers have been itching to train chatbots on their own data. To be fair, OpenAI’s bots aren’t particularly dangerous.

Persons: ”, Mocktail, won’t, — doomers, Sam Altman, ” chatbot Organizations: AI Safety Locations: San Francisco

☆ Microsoft briefly restricted employee access to OpenAI's ChatGPT, citing security concerns
▼ + stars: | 2023-11-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. OpenAI CEO Sam Altman delivered the keynote address at the first ever Open AI DevDay conference. Having been trained on extensive internet data, ChatGPT composes human-like responses to people's chat messages. Earlier this week, CEO Satya Nadella appeared onstage alongside OpenAI's Sam Altman at the startup's first developer conference. Altman wrote in a post on X late Thursday that, "the rumors that we are blocking microsoft 365 in retaliation are completely unfounded."

Persons: Satya Nadella, Sam Altman, didn't, ChatGPT, OpenAI's Sam Altman, Altman, he's Organizations: Microsoft, CNBC, microsoft Locations: San Francisco , California, OpenAI, Sudan, Israel

☆ ChatGPT outage could stem from targeted server attack, OpenAI says
▼ + stars: | 2023-11-09 | by ( Manav Tanneeru | Samantha Kelly | ) edition.cnn.com time to read: +1 min

CNN —OpenAI said recent outages of its viral ChatGPT chatbot could be caused by targeted attacks on its servers. Users on Wednesday were unable to access all of OpenAI’s tools and services and received a message that the platform was at capacity. The outage comes three days after OpenAI hosted its first developer conference, held in San Francisco. CEO Sam Altman said 2 million developers now use the platform, and about 90% of Fortune 500 companies are using the tools internally. At the event, the company unveiled a series of artificial intelligence tool updates, including the ability for developers to create custom versions of ChatGPT.

Persons: CNN — OpenAI, ” OpenAI, OpenAI, Sam Altman Organizations: CNN, Fortune Locations: San Francisco

☆ Grimes scolded a nightclub full of of AI evangelists — then promptly DJ'd for them
▼ + stars: | 2023-11-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Grimes was the DJ at an AI party centered on "effective accelerationism," or faster tech development. "KEEP AI OPEN," the website read. "I disagree with the sentiment of this party," Grimes said, according to The San Francisco Standard. ☄️🫡⚔️ — Grimes (@Grimezsz) November 7, 2023In general, Grimes has said she is a supporter of AI. The billionaire was one of several AI experts to sign an open letter earlier this year calling for a pause on training AI systems.

Persons: Grimes, —, Marc Andreessen, Claire Boucher, Spokespeople, rimes, ike Organizations: acc, Flyers, Service, e, San Francisco, DJ, Twitter Locations: Silicon Valley

OpenAI is calling the customized AI apps "GPTs", which the company said are early versions of AI assistants that perform real-world tasks, such as booking flights, on behalf of a user. In addition to GPTs, OpenAI also released a slew of developer-focused updates, including significant cost slashing, an announcement met with loud cheers from the audience. For its 2 million developers, OpenAI announced a new GPT-4 Turbo model, which compared to its predecessor GPT-4 is several orders of magnitude cheaper and processes much more data. It also launched a beta program for developers to fine-tune GPT-4 models. To address the concerns of big enterprises, OpenAI launched its Custom Models program, offering to create custom GPT-4 models at an "expensive" price.

Persons: OpenAI, Sam Altman, Altman, It's, you'll, Flo Crivello, Crivello, Lindy, Satya Nadella, Krystal Hu, Anna Tong, Paul Simao, Stephen Coates Organizations: FRANCISCO, Anthropic, Google, Microsoft, Thomson Locations: San Francisco, OpenAI

☆ No one's been this pumped for a keynote since Steve Jobs launched the iPhone
▼ + stars: | 2023-11-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The buzz among developers is reminiscent of the iPhone and App Store launches. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe AI developer community is so hyped for an upcoming keynote that it's giving Steve Jobs-launches-the-iPhone energy all over again. ChatGPT developer OpenAI is kicking off its first developer conference in San Francisco on Monday, almost a year after releasing the chatbot publicly for free. Ultimately, the App Store changed software development and became a major revenue spinner for Apple.

Persons: —, Steve Jobs, OpenAI, Sam Altman, NCENOGzcq5, 4EjZo7huFQ, Brian Roemmele, Charley Ma, Yasser Elsaid, Altman Organizations: Service, Apple Locations: San Francisco, OpenAI, ChatGPT

It also touted a new version of its AI model called GPT-4 with vision, or GPT-4V, that enables the chatbot to analyze images. ChatGPT has more than 100 million weekly active users and 2 million developers, spread “entirely by word of mouth," Altman said. The conference comes a week after President Joe Biden signed an executive order that will set some of the first U.S. guardrails on AI technology. The order built on voluntary commitments set by the White House that leading AI developers made earlier this year. OpenAI also faces competition from developers of so-called open source models that publicly release their code and other aspects of the system for free.

Persons: ChatGPT, you’ll, ”, Sam Altman, Altman, Alyssa Hwang, Hwang, ” Hwang, OpenAI, DevDay, Joe Biden, Satya Nadella, Nadella, ” Altman, Microsoft's Bing, Bard, Claude, Tesla, Elon Musk, Musk, “ Elon's, Arun Chandrasekaran, Chandrasekaran, Goldman Sachs, — — O'Brien, — Organizations: FRANCISCO, Apple, Honda, University of Pennsylvania, Microsoft, Google, White, Twitter, ”, Associated Press Locations: OpenAI's, San Francisco, U.S, Providence , Rhode Island

☆ A 'once-in-a-generation' market opportunity thanks to some unfamiliar names
▼ + stars: | 2023-11-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why the market might be on the cusp of a once-in-a-generation investing moment (but not with the names you're familiar with). The big storyUnder the radarA trader looks at market charts on the floor of the New York Stock Exchange on January 18, 2023. Angela Weiss/AFP/Getty ImagesWhen it comes to the stock market, the real value is in the crumbs. AdvertisementAdvertisementThe former chief investment strategist at Merrill Lynch views the chance to get in on less-glamorous stocks as a "once-in-a-generation" opportunity. The end of the AI market boon.

Persons: —, Stanley, Angela Weiss, Richard Bernstein, Merrill Lynch, Insider's Jennifer Sor, Bernstein, Jennifer, Brendan McDermid, Fundstrat's Tom Lee, Charlie Munger, Warren Buffett's, Munger, there's, Berkshire Hathaway, Bill Smead, Smead, Kendrick Lamar's, Rishi Sunak, Linda Yaccarino, Hitler, Elon Musk, carles miro, Getty, Tyler Le, Gen Zers, Zers, Donald Trump, OpenAI, OpenAI DevDay, Adolphe Sax, Martha Stewart, Lexie Moreland, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Bank of America, REUTERS, Elon, AI, Trump, Trump Organization, OpenAI Locations: Victoria, New York City, San Diego, London, New York

☆ ChatGPT is getting an upgrade that will make it more up to date
▼ + stars: | 2023-11-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

ChatGPT users will soon have access to more up-to-date information. The announcement was made by OpenAI CEO Sam Altman at its first developer day. AdvertisementAdvertisementThe update will only be available to paying users of GPT-4 Turbo model — OpenAI's latest, most advanced large language model to date. The expansion of ChatGPT's knowledge base is just one of many new features Altman announced around OpenAI's GPT-4 Turbo model. A preview of GPT-4 Turbo is available for paying developers, and the final model will be available in the coming weeks.

Persons: Sam Altman, —, ChatGPT, Sam Bankman, Altman, Bing, OpenAI's Organizations: Service

ChatGPT, launched in November 2022, now has 100 million weekly active users, Altman said. Even before event attendees were allowed to check in at 8:30 a.m. PST, hundreds had lined up around the block in the Mid-Market neighborhood in downtown San Francisco. For its 2 million developers, OpenAI announced a new GPT-4 Turbo model and slashed the cost by over 50%. To address data and price concerns of big enterprises, OpenAI launched its Custom Models program, offering a dedicated group of researchers to train custom GPT-4 for them. Reporting by Krystal Hu and Anna Tong in San Francisco Editing by Richard Chang and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Sam Altman, Altman, ChatGPT, you'll, Satya Nadella, OpenAI, Krystal Hu, Anna Tong, Richard Chang, Matthew Lewis Organizations: FRANCISCO, San, Microsoft, Anthropic, Google, Thomson Locations: San Francisco, OpenAI

Microsoft CEO Satya Nadella made a surprise appearance at OpenAI's developer conference on Monday with a message: Come build with us. 1 is to build the best system, so that you can build the best models and then make that all available to developers," Nadella told OpenAI CEO Sam Altman, on stage at DevDay in San Francisco. Azure has become Microsoft's key growth engine in recent years and has helped revive the company's brand among developers. Microsoft boasts an exclusive license on OpenAI's GPT-4 large language model that can generate human-like prose in response to a few words of text. Developers who are building on top of OpenAI can look to the Azure Marketplace to "get to market rapidly," Nadella said.

Persons: Satya Nadella, Nadella, Sam Altman, OpenAI, ChatGPT, It's, Altman Organizations: Microsoft, Amazon Web Services, Google, OpenAI's, Street, Windows Locations: DevDay, San Francisco

☆ OpenAI unveils its most powerful AI model and customizable GPTs
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Samantha Kelly | ) edition.cnn.com time to read: +4 min

CNN —The technology behind viral AI chatbot ChatGPT just got a whole lot smarter. Microsoft CEO Satya Nadella, an early partner of OpenAI, joined Altman on stage to discuss how his company continues to infuse GPT technology into its suite of 365 tools. Similar to plugins, GPT can connect to databases, be used in emails or facilitate e-commerce orders, the company said. A digital ecosystemOpenAI is also rolling out a GPT Store, starting later this month, to allow GPTs to become searchable. “We are just as annoyed as all of you, probably more, that GPT’s knowledge of the world ended in 2021,” he added.

Persons: ChatGPT, OpenAI, Sam Altman, Satya Nadella, Altman, ”, “ I’ve, “, ” Altman, Arun Chandrasekaran, “ GPTs, you’ll Organizations: CNN, Fortune, Microsoft, Adobe, Gartner Research Locations: San Francisco, what’s

☆ Microsoft CEO Satya Nadella has nothing but praise for Sam Altman and OpenAI
▼ + stars: | 2023-11-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella discussed the companies' partnership at OpenAI's DevDay. AdvertisementAdvertisementMicrosoft CEO Satya Nadella took the stage at OpenAI's first-ever developer conference and had nothing but praise for the company and its CEO Sam Altman. During OpenAI's DevDay, Altman invited Nadella on stage to discuss OpenAI's ongoing partnership with Microsoft. The Microsoft CEO showered Altman and his work with approval. Through the partnership, Microsoft has been able to build its own AI products using OpenAI's language models.

Persons: Sam Altman, Satya Nadella, Nadella, OpenAI, —, OpenAI's DevDay, Altman, OpenAI didn't Organizations: Microsoft, OpenAI's, Service, OpenAI

[1/3] A keyboard is placed in front of a displayed OpenAI logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 3 - ChatGPT maker OpenAI is expected to announce product enhancements that will make its AI models cheaper, with more functionality, in its first-ever developer conference on Monday. Generative AI can, using past data, create brand new content like fully formed text, images and software code. OpenAI is expected to announce updates focused on slashing costs for its developers, as well as new vision capabilities, Reuters previously reported. Cost-cutting addresses a major concern for partners whose spending on OpenAI's powerful models could pile up quickly as they try to build sustainable businesses by developing and selling AI software.

Persons: Dado Ruvic, OpenAI, Sam Altman, Altman, Anna Tong, Krystal Hu, Richard Chang Organizations: REUTERS, Microsoft, Reuters, Thomson Locations: San Francisco, City Hall, Francisco's, Silicon

☆ Apple announces Oct. 30 event, new Macs expected
▼ + stars: | 2023-10-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple sent invites on Tuesday for a launch event that will be streamed on its website on Oct. 30. New Mac laptops are expected, according to reports. Apple's iMac, and some of its MacBook laptops have not been updated yet this year. An event page posted on the Apple website shows a Finder logo animation, which is a Mac app. Apple held a launch event at its campus for new iPhones and Apple Watch models in September.

Persons: Tim Cook, Apple Organizations: Apple, Apple Park, Apple Watch Locations: Cupertino , California

☆ Roblox tells employees they have to come to office three days a week or take severance package
▼ + stars: | 2023-10-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

David Baszucki, founder and CEO of Roblox, presents at the Roblox Developer Conference on August 10, 2019 in Burlingame, California. Roblox employees who don't want to work at the gaming company's physical office at least three days a week will need find a job elsewhere. Tuesday's announcement marks an about-face for Roblox, which told employees in May of last year that it was giving "employees the option to either come to the office regularly a few days a week, or to primarily work remotely," coming in for "quarterly get-togethers." Ultimately, however, he said working in an office strengthens the company culture and results in more innovative and productive employees. "A three-hour Group Review in person is much less exhausting than over video and brainstorming sessions are more fluid and creative," Baszucki wrote.

Persons: David Baszucki, Baszucki, JPMorgan Chase, Davis Polk, We've, Barbara Messing Organizations: Roblox, Google, JPMorgan Locations: Burlingame , California, Roblox, San Mateo , California

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