OpenAI’s Employees Saved Sam Altman & Secured His Return Says Report

 At a New York City dive bar on a recent December night, Pitbull blared from the sound system, and a gathering of like-minded young people had passionate debates about morals and the future of humanity. The local community of effective altruists was holding its “end of year celebration.”

2023 in Review: Another year, another endless news cycle driven by the world's top corporate executives, with moments ranging from cringe-worthy to downright bizarre. While some CEOs seemed to relish the spotlight, Elon Musk chief among them, others were inadvertently thrust into social media's harsh glare. Elon Musk, Sam Altman to Marc Benioff, here are some of the most high-profile management misadventures:

Apple suffered a major blow in its executive headcount, as the technology giant’s chief iPhone designer, Tang Tan, is reported to have joined Jony Ive’s LoveFrom and work with OpenAI Chief Executive Sam Altman to work on a brand new device focused on AI. Tan was also responsible for being one of the individuals responsible for designing the Apple Watch, and for the time being, no one has been named as his replacement at Apple.

Sam Altman is back on the conference circuit and touting AI's benefits to humanity, days after regaining the lead at the world's best-known artificial intelligence startup.

Artificial intelligence (AI) has become the buzzword of 2023, with the world's biggest companies launching their suite of AI services not just for consumers, but for businesses as well. While AI technology has been growing for some time, it is safe to say that this revolution really kicked off when OpenAI launched its AI chatbot ChatGPT in November 2022. Since then, rapid advancements have taken place in the field, with companies like Microsoft and Google releasing their AI services. AI for business has also become highly sought after, with companies leveraging the new tech to grow their business and offer more services to consumers. However, OpenAI Chief Operating Officer Brad Lightcap thinks this technology is overhyped. He also revealed some details about the shock resignation and the eventual return of CEO Sam Altman.

OpenAI is delaying the launch of an online store for people to interact with an array of chatbots customized by its users, citing the interruption caused by the ousting and reinstatement of Chief Executive Officer Sam Altman. 

In a recent turn of events, Sam Altman, co-founder of OpenAI, has reclaimed his position as the CEO of OpenAI after a tumultuous episode involving his shocking initial dismissal and subsequent reinstatement. The lingering question that has stayed in many people's minds is the reason behind this unexpected sequence of events. During an interview with The Verge, Altman addressed this query and more. While refraining from disclosing the initial cause of his dismissal, he expressed his joy at rejoining the company. Altman emphasised that the matter is still under investigation, urging that such questions should be directed to the OpenAI board rather than himself.

OpenAI has been through a lot of dramatic changes over these past few weeks with the board members firing the company CEO Sam Altman. While the feud did not last long and Altman eventually made his way back as OpenAI CEO, the company has made significant changes in their board with three new members and Microsoft is also getting a seat on the board, however, as a silent member. Check Microsoft's role in the OpenAI board and how it will function to ensure the company's success.

The five-day drama, which showcased the firing of OpenAI CEO Sam Altman and then reinstating him as the company’s Chief Executive, is just another example of how haywire the realm of Silicon Valley can be. However, Altman’s firing was not due to him maintaining a rebellious attitude with the board but due to an AI breakthrough discovery by OpenAI researchers that could potentially be dangerous to humanity.

It's been quite a week for ChatGPT-maker OpenAI — and co-founder Sam Altman.

OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom.

Today, November 22, marked another massive day for artificial intelligence with big announcements across the ecosystem. OpenAI finally appears to have resolved the week-long turmoil as the company announced that ousted CEO Sam Altman will be reinstated to his position. In other news, Prime Minister Narendra Modi highlighted the negative effect of AI at the virtual summit of G20 nations. He said that AI must be made safe for society and its dangers must be understood. This and more in today's AI roundup. Let us take a closer look.