DIRS.INFO The most relevant business & tech news

☆ 10 industry leaders transforming business in 2023
▼ + stars: | 2023-12-11 | by ( ) www.businessinsider.com time to read: +20 min

In 2023, Business Insider's annual list of People Transforming Business highlights key players across the advertising, ESG, finance, AI, and labor sectors. Increasingly, they're turning to more opaque private credit markets to borrow money. The world of private credit sits outside the traditional banking system. Analysts expect the private credit market to balloon in size — likely keeping lawyers like Breen very busy. Muthukrishnan is trying to make sense of how risky these private credit loans are by overseeing what is so far the most comprehensive look at vulnerabilities in the industry.

Persons: Mira Murati, who's, Vince Toye, Eileen Fisher, Eileen Fisher Fisher, Guerin Blask, Eileen Fisher Eileen Fisher, she's, Fisher, Janelle Jones, Jones, Lexey, —, She's, Justin Breen, Proskauer Breen, Proskauer Justin Breen, he's, Breen, Ares Capital, He's, McLaren, Julie Su, Labor Julie Su, Department of Labor Julie Su, Su, Marty Walsh, Murati, Jim Wilson, Neal Mohan, YouTube Mohan, Katie Thompson, YouTube It's, YouTube isn't, Mohan, Muthukrishnan, Satya Nadella, Microsoft Satya Nadella, Ben Kriemann, Nadella, Steve Ballmer, Mathias Döpfner, Axel Springer, Tim Cook, Apple Cook, Justin Sullivan, Cook, Steve Jobs, Jobs, JPMorgan Chase Toye, JPMorgan Chase, Toye, they'll, Vince Toye's, Bella Sayegh, Rebecca Ungarino, Lara O'Reilly, Juliana Kaplan, Alex Nicoll, Tim Paradis, Stephanie Hallett, Michelle Abrego, Josée Rose, Ryan Joe, Emily Canal, Kaja Whitehouse, Alyssa Powell, Davis, Jonann Brady Organizations: JPMorgan, Service Employees International, SEIU, New York, Ford, Service Employees International Union, United Auto Workers Union, Spelman College, US Department of Labor, Economic Policy Institute, Center for Economic, Research, Department of Labor, The New York Times, Ares, Churchill Asset Management, European, Atlético Madrid, Labor, Labor Department, MacArthur Foundation, New York Times, Dartmouth, OpenAI, Associated Press, YouTube, NFL, DirecTV, Federal, Microsoft, Manipal Institute of Technology, University of Wisconsin -, University of Chicago, Apple, Apple Watch, Google, Time, JPMorgan Chase, National Housing Trust, Trenton Almgren Locations: McDonald's, Lorain , Ohio, Atlanta, California, Los Angeles, Albania, Canada, Muthukrishnan, Hyderabad, India, University of Wisconsin - Milwaukee, OpenAI, Virginia, Wells Fargo, Trenton

☆ A 1976 check signed by Steve Jobs to Radio Shack is set to fetch more than $20,000 at an auction
▼ + stars: | 2023-12-05 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

A 1976 check to Radio Shack signed by Steve Jobs is expected to sell for more than $20,000. Radio Shack is intertwined with Apple's creation story, per Jobs' biography. AdvertisementA check signed by Steve Jobs to Radio Shack for $4.01 is set to fetch more than $20,000 at an auction. Apple was founded in April 1976, about three months before this check was signed by Jobs as Steven, rather than Steve. Another check for $175 signed by Jobs was sold by RR Auction for more than $100,000 in May.

Persons: Steve Jobs, Jobs, —, Steven, Steve Wozniak, Wozniak, Walter Isaacson Organizations: Radio Shack, Service, Apple, Apple Computer Company, Jobs, Shack

☆ Nvidia CEO: Senior executives don't need pampering, career guidance
▼ + stars: | 2023-11-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Nvidia CEO Jensen Huang offered a glimpse into his unusual management style, including having "50 direct reports," in an interview with CNBC's Andrew Ross Sorkin on Wednesday. Huang says that he has so many direct reports — most executives only have 10 or so — because it keeps Nvidia from developing unnecessary layers of management. "The more direct reports a CEO has, the less layers are in the company. "The people that report to the CEO should require the least amount of pampering and so I don't think they need life advice. I don't think they need career guidance," Huang said.

Persons: Jensen Huang, CNBC's Andrew Ross Sorkin, Huang, Steve Jobs, Mark Zuckerberg Organizations: New York Times, Jazz, Lincoln Center, Nvidia, AMD Locations: New York City, China

☆ 'Same as ever:' Lessons on wealth, greed and happiness from Morgan Housel
▼ + stars: | 2023-11-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +13 min

Morgan Housel(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM. To give you an idea of how big that is, a typical financial book will sell roughly 5,000 copies. Now Housel is back with a second book, "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness." Housel cites Charlie Munger, who noted that the world isn't driven by greed, it's driven by envy. Today's economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other people's wealth."

Persons: Morgan Housel, Twain, Bill Gates, Gates, Morgan, Housel, Charlie Munger, Nassim Taleb, Elon Musk, Steve Jobs, Walt Disney, — Organizations: Collaborative Fund, Edge, Lakeside High School, National War Labor Board, Rolex Locations: Seattle, California

☆ Sam Altman's return to OpenAI means he joins Steve Jobs and Jack Dorsey on a list of CEOs who left companies they founded – then eventually came back.
▼ + stars: | 2023-11-26 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Apple’s Steve Jobs and Twitter’s Jack Dorsey made similar comebacks at the companies they founded. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPerhaps the most obvious example is Steve Jobs, who famously left Apple in 1985 after a boardroom struggle. If your company's board is willing to get rid of you once, they'll probably do it again.

Persons: Sam Altman, –, Steve Jobs, Jack Dorsey, —, hadn't, Altman, Greg Brockman, Jobs, John Sculley –, he'd, Travis Kalanick –, Uber, they'll, Dorsey, Elliott, Paul Singer, Elon Musk, Bob Iger, Howard Schultz, Uber's Kalanick, Adam Neumann Organizations: Service, Microsoft, Apple, PepsiCo, NeXT, Twitter, Elliott Management, Disney, Starbucks – Locations: Recode

☆ Tim Cook tells Dua Lipa he wants the next CEO of Apple to be an internal hire
▼ + stars: | 2023-11-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Tim Cook shed some light on the succession plan for Apple's next CEO in an interview with Dua Lipa. AdvertisementWhile Apple CEO Tim Cook doesn't have plans to step down from his post anytime soon, he said he's already thinking about the kind of person who will eventually replace him. "I really want the person to come from within Apple," Cook told singer Dua Lipa on a recent episode of her podcast "At Your Service." Advertisement"We're a company that believes in succession plans and we have very detailed succession plans," he told Lipa, "because something that's unpredictable can always happen. Cook succeeded Apple founder Steve Jobs as the CEO of Apple August 2011.

Persons: Tim Cook, Cook, he's, —, Tim Cook doesn't, Dua, Lipa, Steve Jobs, Jobs Organizations: Dua, Service, Apple, Apple Watch Locations: Dua Lipa, Apple

☆ 'Black Twitter' asks 'What if Sam Altman were a Black woman?' in the wake of ouster
▼ + stars: | 2023-11-23 | by ( Monica Melton | Aaron Mok | ) www.businessinsider.com time to read: +7 min

Sam Altman's high-profile firing has drawn comparisons to Timnit Gebru's exit from Google. Some tech observers and "Black Twitter" asked: "What if Sam Altman were a Black woman?" Sam Altman's shocking ouster— and reinstatement — to OpenAI drew comparisons to Steve Jobs's exit and eventual return to Apple . But a less obvious comparison has been drawn that asks the question: "What if Sam Altman was a Black Woman?" Advertisement"What If Sam Altman Were A Black Woman?

Persons: Sam Altman's, Sam Altman, —, OpenAI, Steve Jobs's, Timnit, Altman, wasn't, Gebru's, Googlers, Jeff Dean, WVBvXJZwh0 — Daniel, @growing_daniel, Eric Schmidt —, Kimberly Bryant, Bryant, TechCrunch's Dominic, Madori Davis, Greg Brockman, z5Dc1BbhbQ — Taylor Poindexter, @engineering_bae, aren't, Émile Torres, Black, Gebru, Torres Organizations: Google, Service, Apple, Microsoft, Tech, Black Locations: America, OpenAI

☆ Sam Altman returns to OpenAI in a bizarre reversal of fortunes
▼ + stars: | 2023-11-22 | by ( Clare Duffy | David Goldman | ) edition.cnn.com time to read: +5 min

In its announcement of Altman’s firing, OpenAI claimed that Altman had been insufficiently “candid” with the board. But then hundreds of OpenAI employees, nearly the company’s entire staff, threatened to leave, potentially for Microsoft, if the company’s board didn’t resign and reinstate Altman as CEO. It’s unclear how Shear will be affected by Altman’s return. “We are encouraged by the changes to the OpenAI board,” Microsoft CEO Satya Nadella said on X. Publicly, Altman has long cautioned about risks posed by AI, and he has pledged to lawmakers and customers that he would move OpenAI forward responsibly.

Persons: Sam Altman, Bret Taylor, Adam D’Angelo, Larry Summers, “, Altman, Steve Jobs, OpenAI, Kara Swisher, Nadella, Greg Brockman, Altman’s, —, Emmett Shear, didn’t, Shear, …, ” Brockman, Satya Nadella, Jony, CNN’s Juliana Liu, Diksha Madhok Organizations: New, New York CNN, Twitter, Microsoft, CNN, Twitch Locations: New York, OpenAI, Silicon

For much of the past year, OpenAI’s board of directors has been criticized as too small and too divided to effectively govern one of the fastest-growing start-ups in Silicon Valley history. On Friday, the board’s dysfunction spilled into public view when four of its members fired Sam Altman, OpenAI’s popular and powerful chief executive. Mr. Altman, 38, returned to the company on Tuesday night, after days of haggling over his job and over the makeup of the board. The board and Mr. Altman’s allies discussed more than a half dozen options for its future. The departing board wanted to be sure the replacements would be independent thinkers and experienced enough to stand up to Mr. Altman.

Persons: Sam Altman, OpenAI’s, Altman, Altman’s, Laurene Powell Jobs, Steve Jobs, Brian Chesky Organizations: Emerson Locations: Silicon Valley

☆ 'Boomerang' CEOs of major companies
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

Nov 22 (Reuters) - Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company's board. He joins a list of big name "boomerang" chief executives who have made comebacks at a later date. DELL (DELL.N) - MICHAEL DELLMichael Dell founded Dell Inc in 1980s and held the position of CEO until 2004, when he stepped down to serve as chairman. He returned as CEO in 2007 and led the company through the merger with EMC, which resulted in the emergence of Dell Technologies. He returned as CEO in 2023 amid challenges related to UBS's takeover of peer Credit Suisse.

Persons: Sam Altman, OpenAI, Steve Jobs, John Sculley, DELL, MICHAEL DELL Michael Dell, ROBERT IGER Robert Iger, HOWARD SCHULTZ Howard Schultz, JACK DORSEY Jack Dorsey, Evan Williams, Dorsey, SERGIO ERMOTTI Sergio Ermotti, Ralph Hamers, Boleslaw Lasocki, Victor Goury, Milla Nissi, Jane Merriman Organizations: Apple, Dell Inc, EMC, Dell Technologies . DISNEY, NBA, TWITTER, Twitter, UBS, Suisse, Thomson Locations: U.S, Swiss, Laffont, Gdansk

"i'm looking forward to returning to openai," Altman said in a post on the X social media platform late on Tuesday. Sam Altman attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. OpenAI's previous board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever and Quora CEO D'Angelo, who is part of the revamped board. In a post on X on Tuesday, Shear said he worked "~72 very intense hours" to bring stability - and ultimately Altman - back to OpenAI. When he was out of a job, CEO Nadella said Altman could head a new research team alongside Brockman and other colleagues departing from OpenAI.

Persons: Bret Taylor, Brockman, FRANCISCO, Sam Altman, OpenAI, Larry Summers, Adam D'Angelo, D'Angelo, Altman, Danni Hewson, AJ Bell's, Satya Nadella, Kyle Rodda, Carlos Barria, Tasha McCauley, Helen Toner, Ilya Sutskever, Steve Jobs, Greg Brockman, Sunday Altman, Emmett Shear, Shear, Nadella, Jeffrey Dastin, Aditya Soni, Shivani Tanna, Bansari, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Sam Holmes, Jane Merriman Organizations: U.S . Treasury, Microsoft, Economic Cooperation, REUTERS, Reuters, U.S, Thomson Locations: openai, U.S, OpenAI, Asia, San Francisco , California, Valley, San Francisco, Bengaluru

Microsoft (MSFT.O) owns 49% of the for-profit operating company, according to sources familiar with the matter. Other investors and employees control 49%, with 2% owned by OpenAI's nonprofit parent, according to Semafor. OpenAI's board fired Altman on Friday after a "breakdown of communications," according to an internal memo seen by Reuters. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors." Nonprofit boards have legal obligations to the organizations they oversee.

Persons: Dado Ruvic, Sam Altman, OpenAI, Altman, Minor Myers, Paul Weitzel, Weitzel, Steve Jobs, Anna Tong, Krystal Hu, Jody Godoy, Tom Hals, Kenneth Li, Lisa Shumaker, Matthew Lewis Organizations: REUTERS, Reuters, Microsoft, Venture, OpenAI Nonprofit, University of Connecticut, Nonprofit, University of Nebraska, Apple, Thomson Locations: OpenAI, San Francisco, New York

☆ The Long Shadow of Steve Jobs Looms Over the Turmoil at OpenAI
▼ + stars: | 2023-11-21 | by ( David Streitfeld | More About David Streitfeld | ) www.nytimes.com time to read: +1 min

Steve Jobs, driven by his genius and his gut, invented the iPhone and built Apple into the world’s most valuable company. Sam Altman spent the last year taking on the mantle of Mr. Jobs as the Silicon Valley entrepreneur in charge of tomorrow. It is the biggest job in Silicon Valley, and now the most difficult. Mr. Altman’s vague but vast ambitions got him in trouble with the board of OpenAI, which said he was “not consistently candid” in his communications and fired him. This shocked Silicon Valley, which did everything but march to the company’s San Francisco headquarters with pitchforks to demand Mr. Altman’s reinstatement.

Persons: Steve Jobs, Sam Altman, Jobs, Altman, “ Organizations: Apple, OpenAI, San Locations: Silicon Valley, San Francisco, pitchforks

☆ 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

☆ A jazz critic missed out on a $6 million fortune by selling his Apple stock for about 1/700 of its value today
▼ + stars: | 2023-11-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Ted Gioia made a $6 million error when he cashed in his Apple stock about 25 years ago. The jazz critic bought 300 shares in the 1980s that would have been worth $6.4 million today. AdvertisementA management consultant turned jazz critic made a $6 million mistake when he sold Apple stock about 25 years ago. Gioia purchased 300 Apple shares, paying only a little above the company's IPO price. "Without Jobs, Apple failed every time it tried something new, for example the Newton handheld device, which was a huge disaster—and almost a joke," Gioia continued.

Persons: Ted Gioia, —, Gioia, Apple, Steve Jobs, Jobs, Tim Cook, Cook Organizations: Apple, Service, Stanford, Boston Consulting Group, Newton, McKinsey

☆ These 7 'rarest' personality types are the most successful, says CEO who interviewed 30,000 more than people
▼ + stars: | 2023-11-21 | by ( William Vanderbloemen | ) www.cnbc.com time to read: +4 min

Based on my interviews and conversations with CEOs, here are the seven types of successful personalities that are every company's dream:1. How to cultivate the Fast mindset: Make it clear that you value a quick response time. How to cultivate the Solver mindset: Language counts: rebrand problems as possibilities. How to cultivate the Self-Aware mindset: Don't take feedback personally; use it as a tool to become even better at your job. How to cultivate the Curious mindset: When challenges come up, ask questions before throwing out solutions.

Persons: I've, I'm, —, Steve Jobs, It's, you've Organizations: Unicorns

☆ Cami Téllez's underwear startup Parade went bust, and employees blame her. Is it OK to write about it?
▼ + stars: | 2023-11-21 | by ( Melkorka Licea | ) www.businessinsider.com time to read: +28 min

Owning Gucci loafers "wouldn't make me any less capable of leading my team," Téllez rightfully pointed out. Most startups attract people who know this and are excited by it, and Parade employees were no different. "Like any for-profit company, Parade sought to make money and deliver value for shareholders," she told Business Insider. Téllez told staffers DeFuria was sick, and some were worried enough to send flowers to his home. Téllez told employees that they should be receiving offers for positions at AAI "within the next 72 hours at the latest."

Persons: Camila Téllez, I'd, —, Steph Korey, Audrey Gelman, they'd, Steve Jobs, I've, Emily Weiss, Marc Andreessen, Téllez, Gen Zers, Calvin Klein, Cami, Cami Téllez's, she'd, Gucci loafers, Slack, Rhonda Moret, there's, Jack DeFuria, Shakira, Warby Parker's, Neil Blumenthal, Peyton Dix, Jeffries, Evan Mock, Kamala Harris, Ella Emhoff, Gen, Karli Kloss, Omar, who'd, Ty Haney —, — Téllez, Kerry Steib, Meredith Gillies, we've, Steib, I'm, Lyndsey Arnold, Arnold, Lailee, Taghdisi, DeFuria, Kristen Dolzynski, Dolzynski, commenter, weren't Organizations: Ariela, Associates International, AAI, CNBC, Columbia University, NYU, Parade, West Dakota, Forbes, longtime, American, Karli, Voices, Spotify, North America, Employees, Casper, Casa de, Former Locations: New York, Instagram, New, Téllez, York, Colombia, North, SoHo, Dominican Republic

☆ Tim Cook was asked if he deserves more credit for Apple's success after Steve Jobs. He said it's shared, and Jobs would still be CEO if alive today.
▼ + stars: | 2023-11-20 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Apple's market cap has ballooned to over $3 trillion during Cook's tenure. Cook says he and former CEO Steve Jobs, along with Apple's employees, "share credit" for the success. AdvertisementLiving up to the legacy of Steve Jobs is no easy feat, but current Apple CEO Tim Cook says he doesn't see his predecessor as competition. Tim Cook and Steve Jobs pictured speaking at an Apple press conference. In 2020, Apple's market cap hit $2 trillion and in September 2023, it ballooned to $3 trillion.

Persons: Tim Cook, Cook, Steve Jobs, —, Steve, there's, Apple, Jobs, Kimberly White, hasn't, Jony, he's, — Cook Organizations: Apple, Dua, Service, Jobs, Reuters Apple, Wall Street Journal, Apple Watch, Vision Locations: Dua Lipa, Jobs

☆ Not so fast: Sam Altman is reportedly still angling to pull a 'Steve Jobs' and return to OpenAI
▼ + stars: | 2023-11-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Sam Altman and Greg Brockman are open to returning to OpenAI — if the board step down, The Verge reports. AdvertisementEx-OpenAI leaders Sam Altman and Greg Brockman are reportedly considering going back to OpenAI — if the board members who ousted Altman decide to step down. Their apparent consideration, reported by The Verge, comes days after OpenAI ousted Altman. I never intended to harm OpenAI," Sutskever wrote in an X post on Monday. Some people are now saying Sam Altman could see a similar — though compressed — situation: being fired by the board and coming back wrapped in glory.

Persons: Sam Altman, Greg Brockman, Altman, Brockman, Ilya Sutskever, —, OpenAI, Ilya Sutskever —, Sutskever, we've, Steve Jobs, Justin Sullivan, OpenAI —, Microsoft didn't, Jobs Organizations: Microsoft, Service, Apple

☆ David Attenborough finds the AI version of himself 'personally distressing'
▼ + stars: | 2023-11-20 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A video of an AI version of David Attenborough narrating a programmer's life went viral on X.Attenborough told Business Insider he found the video "personally distressing." The filmmaker said he's concerned an AI version of him could be used to deceive others. AdvertisementOn Wednesday, a programmer named Charlie Holtz shared a video on X that showcased an AI-generated version of David Attenborough narrating Holtz's life. In addition to sharing the video online, Holtz also shared the code he used to create his AI-Attenborough. Holtz 's video has been watched more than 3 million times, and it has already sparked interest in AI clones.

Persons: David Attenborough, Attenborough, he's, —, Charlie Holtz, @charliebholtz, Sir David Attenborough, Holtz, Meta Ray Bans, Pietro Schirano, Steve Jobs Organizations: Service, BI Locations: New York City

☆ What to Know About OpenAI’s Chaotic Weekend
▼ + stars: | 2023-11-19 | by ( John Koblin | More About John Koblin | ) www.nytimes.com time to read: +1 min

On Friday, Mr. Altman was abruptly dismissed as OpenAI’s chief executive. Details for his surprise departure are still emerging but a dispute with a fellow founder of OpenAI appears to have played a role. Mr. Sutskever also objected to what he perceived as his own diminished role inside the company. “It doesn’t seem at all implausible that we will have computers — data centers — that are much smarter than people,” Mr. Sutskever said recently on a podcast. I don’t know.”Two other OpenAI board members, Tasha McCauley and Helen Toner, have ties to the Rationalist and Effective Altruist movements, who have been concerned that A.I.

Persons: Altman, Steve Jobs, OpenAI, Ilya Sutskever, Sutskever, Mr, Tasha McCauley, Helen Toner, Altman “, ”, Brad Lightcap, Sam Organizations: Apple, Rationalist

Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. "Sam and OpenAI were the catalyst that showed the world what AI tech is capable of," Jannsen said. Silicon Valley's high-profile startup CEO firings typically involve wrongdoing, rather than just philosophical differences about where the company is headed. "Sam Altman is a hero of mine," former Google CEO and investor Eric Schmidt said in an X post. — CNBC's Lora Kolodny contributed to this report WATCH: OpenAI says Sam Altman exiting as CEO because 'board no longer has confidence.'

Persons: Sam Altman, Carlos Barria, OpenAI, Steve Jobs, Altman, —, Jobs, U.S . Altman, Mark Zuckerberg, Jeff Bezos, Elon Musk, Greg Brockman, Brockman, Ron Conway, Greg, Brian Chesky, Matt Schlicht, Schlicht, Sam, Ryan Jannsen, Jannsen, Patrick Moorhead, They're, Moorhead, Josh Wolfe, Wolfe, he'd, Eric Schmidt, Tom Williams, Airbnb's Chesky, what's, Chesky, Satya Nadella, Zachary Lipton, Carnegie Mellon's Lipton, Lipton, — CNBC's Lora Kolodny Organizations: Economic Cooperation, Reuters, ChatGPT, Apple, U.S ., Amazon, Tesla, Microsoft, Tiger, Sequoia Capital, CNBC, Google, Lux Capital, Cq, Inc, Getty, Carnegie Mellon University, Industry Locations: Asia, San Francisco , California, U.S, Silicon Valley, OpenAI, what's, —

☆ The Fear and Tension That Led to Sam Altman’s Ouster at OpenAI
▼ + stars: | 2023-11-18 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

Over the last year, Sam Altman led OpenAI to the adult table of the technology industry. safety came into focus on Friday afternoon, when Mr. Altman was pushed out of his job by four of OpenAI’s six board members, led by Mr. Sutskever. The move shocked OpenAI employees and the rest of the tech industry, including Microsoft, which has invested $13 billion in the company. The ouster of Mr. Altman, 38, drew attention to a longtime rift in the A.I. And the ouster showed how a philosophical movement devoted to the fear of A.I.

Persons: Sam Altman, OpenAI, Altman, Ilya Sutskever, Sutskever, Steve Jobs, Mr Organizations: Microsoft, Apple Locations: San Francisco

Sam Altman's sudden ouster from OpenAI on Friday shocked Silicon Valley. From the outside, there were some signs of technological challenges at OpenAI, but no indications that tensions were emerging in the boardroom and the C-suite. In a statement on its website, OpenAI said, "The board no longer has confidence in his ability to continue leading OpenAI." If you followed Altman for the past two weeks, you would've seen an industry leader in the center of the action. Here's an abbreviated timeline of the days leading up to Altman's departure:

Persons: Sam Altman's, Altman, ChatGPT chatbot, OpenAI, Steve Jobs, Mira Murati Organizations: Microsoft, CNBC Locations: OpenAI, Silicon

☆ Sam Altman's ouster leaves OpenAI, Microsoft employees 'completely shocked,' insiders say
▼ + stars: | 2023-11-18 | by ( Kali Hays | Ashley Stewart | ) www.businessinsider.com time to read: +4 min

The announcement left OpenAI and Microsoft workers "completely shocked," people inside both companies told Business Insider. Another shock came about an hour later when OpenAI co-founder and president Greg Brockman announced that he had "quit" over Altman's ouster. Perhaps there were signs all was not well when it came to OpenAI's business, one Microsoft employee told BI, which Microsoft has reportedly backed to the tune of at least $10 billion. Are you an OpenAI employee or someone with a tip or insight to share? Are you a Microsoft employee?

Persons: Sam Altman, Altman, Mira Murati, Ilya Sutskever, He's, OpenAI, Greg Brockman, Brockman, shakeup, Steve Jobs, Satya Nadella, we're, Kali Hays Organizations: Microsoft, Business, OpenAI's San, Apple, OpenAI, Microsoft Ignite, Twitter Locations: OpenAI, OpenAI's San Francisco, Mira, Copilot, khays@insider.com, @hayskali

Search resuls for: "Eve Jobs"

25 mentions found