It's been quite a week for ChatGPT-maker OpenAI — and co-founder Sam Altman.
Microsoft to Appoint Sam Altman CEO of New In-House AI Team
21.11.2023 - 02:55 / tech.hindustantimes.com / Mira Murati / Satya Nadella / Emmett Shear / Greg Brockman / Ai
Microsoft Corp. said that Sam Altman will lead the software developer's new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week, a bid to shore up Microsoft's AI plans and reassure investors.
Greg Brockman, an OpenAI board member and co-founder who also left the company last week, will join Altman and Microsoft will “move quickly to provide them with the resources needed for their success,” the Redmond, Washington-based company's Chief Executive Officer Satya Nadella said in a post on LinkedIn early on Monday. In another post on X, formerly Twitter, Nadella said Altman will serve as CEO of the new in-house group.
We are now on WhatsApp. Click to join
The move, at midnight local time on Sunday, was the latest in a dramatic three days for Microsoft and OpenAI's relationship, a backup plan for Nadella after his efforts to restore Altman and Brockman to OpenAI were thwarted. The OpenAI board named former Twitch chief Emmett Shear as CEO. Nadella wrote that Microsoft looks forward to getting to know Shear and working with him.
“We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners,” Nadella said on LinkedIn.
The Microsoft chief has been revamping his company's entire product lineup around OpenAI's technology and has put $13 billion into the startup, making Microsoft by far its biggest shareholder with a roughly 49% stake.
Still, Microsoft was shocked Friday when it received just a few minutes notice that the board had ousted Altman, who enjoys a close relationship with Nadella. The news sent Microsoft shares down amid concern that upheaval at OpenAI could adversely impact Microsoft's entire AI strategy. They reversed course and rose as much as 2.7% in premarket trading Monday after Nadella's announcement.
Microsoft executives were also surprised Sunday by Shear's appointment, as they had expected they would be able to get OpenAI's board to back down and allow Mira Murati, who had been appointed interim CEO, to return Altman and Brockman to the company in some capacity, said people familiar with the company's thinking. They asked not to be named discussing private deliberations.
It's not yet clear who or how many former OpenAI workers may join Microsoft — Nadella said colleagues of Altman and Brockman would follow — nor how Microsoft will balance its ongoing commitment to OpenAI against its own new Altman-led AI group. Nadella offered LinkedIn and GitHub as examples of Microsoft-owned businesses that operate with “independent identities and cultures” and their own CEO.
Microsoft has
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
tech.hindustantimes.com
22.11.2023 / 16:57
Here is what allowed OpenAI to sack Sam Altman
Unlike Google, Facebook and other tech giants, the company behind ChatGPT was not created to be a business. It was set up as a nonprofit by founders who hoped that it wouldn't be beholden to commercial interests.
gamedeveloper.com
22.11.2023 / 16:01
Sam Altman returns as OpenAI CEO days after being ousted
Last week, OpenAI CEO Sam Altman was fired by the company board for allegedly failing to be "consistently candid in his communications." Now, mere days later, Altman has returned as CEO.
venturebeat.com
22.11.2023 / 07:21
Sam Altman back at OpenAI: The craziest five days in Silicon Valley history | The DeanBeat
Are you looking to showcase your brand in front of the brightest minds of the gaming industry? Consider getting a custom GamesBeat sponsorship. Learn more.
tech.hindustantimes.com
22.11.2023 / 02:47
Sam Altman, OpenAI Board Open Talks to Negotiate His Possible Return
Sam Altman and members of the OpenAI board have opened negotiations aimed at a possible return of the ousted co-founder and chief executive officer to the artificial intelligence company, according to people with knowledge of the matter.
wccftech.com
22.11.2023 / 00:18
Former OpenAI Employees Allege “Deceit and Manipulation” by Sam Altman: Elon Musk Calls for Investigation
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
tech.hindustantimes.com
21.11.2023 / 18:09
From Sam Altman's OpenAI ouster to Microsoft AI research CEO | TIMELINE
Following a surprise ouster, OpenAI co-founder and former CEO Sam Altman joined Microsoft as the head of artificial intelligence research along with the ChatGPT maker's former President Greg Brockman and other staff. The developments come less than a year after OpenAI kicked off the generative AI frenzy with the launch of viral chatbot ChatGPT and bagged Microsoft as an investor, among other big names.
tech.hindustantimes.com
21.11.2023 / 08:20
GitHub and Scale AI CEOs refused the OpenAI CEO's post vacated by Sam Altman
Following the removal of Sam Altman as the OpenAI CEO, the path to pick the right candidate to fill the position was not easy for the board members and they looked to be in an unseemly rush. Soon after the firing, Mira Murati joined as the interim CEO, however, after the news of Altman joining Microsoft was announced, the employees, including Murati, wanted to reinstate Sam Altman and they threatened mass resignations from the company. But to everyone's shock, he refused to come back unless the OpenAI board of directors were sacked.
tech.hindustantimes.com
21.11.2023 / 08:19
The OpenAI saga: Sam Altman, Satya Nadella to Ilya Sutskever - check out the top protagonists
It is day 5 of the OpenAI saga, and it is still delivering shocking twists and turns. When everyone thought Sam Altman, the ousted CEO of OpenAI, would join Microsoft and lead their AI division, CEO Satya Nadella gave cryptic interviews suggesting he wasn't sure where Altman would end up. Sprinkle in Ilya Sutskever's post expressing regret over participation in the board's actions and the threats of mass resignation from more than 500 employees of OpenAI, and you have a tale that will be remembered in Silicon Valley for decades to come.
gamedeveloper.com
20.11.2023 / 22:31
Ex-OpenAI CEO Sam Altman joins Microsoft after company ousting
Over the weekend, OpenAI CEO Sam Altman was suddenly ousted from his position and has since jumped over to Microsoft. His abrupt leave from the generative AI company was the start to a tumultuous series of events that throws the future of OpenAI into question.
tech.hindustantimes.com
20.11.2023 / 22:11
Hundreds of OpenAI staff threaten mass exodus to join Sam Altman at Microsoft; read full letter
Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft. They would follow OpenAI co-founder Sam Altman, who said he was starting an AI subsidiary at Microsoft following his shock sacking from the company whose ChatGPT chatbot has led the rapid rise of artificial intelligence technology.
tech.hindustantimes.com
20.11.2023 / 22:11
After joining Microsoft, Sam Altman makes strong ‘unity and commitment’ pitch
After the dust settled over his controversial dismissal, former OpenAI CEO and current CEO of new AI team at Microsoft, Sam Altman has reacted to all the commentary during the day with an X post that looks to encapsulate the past present and the future. Today, after much drama, Microsoft emerged as the clear winner of the in-fighting in OpenAI, with Sam Altman joining a new AI team there as its CEO. The talks at OpenAI to bring back Altman had failed. OpenAI soon got itself another CEO in the form of Emmett Shear, co-founder of Twitch - he was the third CEO in just over 3 days after Altman and Mira Murati.