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20.11.2023 - 12:51 / tech.hindustantimes.com / Elon Musk / Sam Altman / Emmett Shear / Greg Brockman / Ai
On Friday, Sam Altman was fired from OpenAI as CEO. Within hours of that, in the face of intense pressure from Microsoft and other investors, the board tried to get him back, but failed. He wanted the OpenAI board to be sacked as his biggest condition for re-joining OpenAI. After talks failed, Satya Nadella announced, that Altman was joining Microsoft to lead a new team of AI researchers. It was an announcement that shocked and awed in equal measure as it heralded a virtual coup by Nadella in getting Altman to join Microsoft. Now OpenAI has appointed former Twitch co-founder Emmett Shear as interim CEO of the company. After the news of Altman joining Microsoft was announced, industry personalities and others, shared their thoughts about the entire event. Check out what CEOs and tech experts around the world are saying about this huge shift in the artificial intelligence power structure.
In a recent post, Satya Nadella announced through an X post saying that Sam Altman and Greg Brockman will be joining Microsoft to which Sam Altman reacted by saying, “the mission continues.” Further, Nadella in a separate post added, “I'm super excited to have you join as CEO of this new group, Sam, setting a new pace for innovation. We've learned a lot over the years about how to give founders and innovators space to build independent identities and cultures within Microsoft, including GitHub, Mojang Studios, and LinkedIn, and I'm looking forward to having you do the same.”
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Elon Musk, who had kept OpenAI alive with his funds during its troubled beginnings, reacted to change with this characteristically short taunt, “Now they will have to use Teams!”
Famous podcaster and scientist, Lex Fridman put it extremely well through an X post, “Wow. No matter what happens team-wise, I hope benefit to humanity remains a top priority. Getting path to AGI right is too important”
While Iba Masood CEO and co-founder of Tara.ai said, “Moral of the story: never bet against Microsoft.” Ankur Warikoo, an Indian entrepreneur shared his excitement saying, “What a boss move. Excited for what comes next through this partnership.”
Aaron Levie, CEO of Box said, “Incredible execution by Satya in one of the most dynamic situations in tech history.”
Everyone in the industry seems to be excited by the bold move made by Sam Altman and Microsoft CEO Satya Nadella. Also, considering that many OpenAI employees had threatened to quit and that comes to pass, will it drain the company of all its talent and experience? Now, only time will tell how the partnership benefits the company as well as humanity at large.
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This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
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.
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.
It's been quite a week for ChatGPT-maker OpenAI — and co-founder 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.
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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.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
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.
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.
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.