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Disappointment for Satya Nadella! Sam Altman to return to OpenAI as CEO

22Nov

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Technology

Disappointment for Satya Nadella! Sam Altman to return to OpenAI as CEO

[ad_1] The OpenAI saga appears to be coming to a conclusion with one final twist, as OpenAI has just announced that Sam Altman will be returning to the company as the CEO. Alongside, he will also get a new board to work with. This means that he will not be joining Microsoft CEO Satya Nadella to lead his AI research team, as announced by him earlier. The move comes after reports of mass resignation came from within the company with as many as 500 employees demanding Altman be reinstated. This would also mean that the tenure of interim CEO Emmett Shear comes to an end. It is not clear whether Greg Brockman will join the CEO to return to OpenAI.OpenAI posted on X, “We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (C...

From Sam Altman’s OpenAI ouster to Microsoft AI research CEO | TIMELINE

21Nov

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Technology

From Sam Altman’s OpenAI ouster to Microsoft AI research CEO | TIMELINE

[ad_1] 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. Nearly all of OpenAI staff have threatened to quit unless the board resigns and appoints two new lead independent directors apart from reinstating Altman and Brockman, according to a letter seen by Reuters. Nov. 17: OpenAI board fires CEO, co-founder Sam Altman and President Greg Brockman quits after being removed from the board. Company names Mira Murati as interim CEO Nov. 18: ...

Microsoft’s Satya Nadella Hiring Sam Altman Won’t Solve Its OpenAI Problem

21Nov

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Technology

Microsoft’s Satya Nadella Hiring Sam Altman Won’t Solve Its OpenAI Problem

[ad_1] After a chaotic few days of boardroom coups and attempted counter-coups at OpenAI, Microsoft Corp. said it would hire Sam Altman to lead a new artificial intelligence research team. It was a stunning turn for Microsoft, which had bet big on OpenAI and its former chief executive officer, Altman.But it's not an ideal outcome for Altman or Microsoft. Which is why a group of OpenAI investors is still pushing for Altman's return as chief, a move Microsoft CEO Satya Nadella said he's open to. Nearly all of OpenAI's roughly 770 employees have signed a letter to OpenAI's board threatening to quit unless its directors resign over their handling of Altman's termination. “Microsoft has assured us that there are positions for all OpenAI employees at this new subsidiary should we choose to jo...

The OpenAI saga: Sam Altman, Satya Nadella to Ilya Sutskever – check out the top protagonists

21Nov

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Technology

The OpenAI saga: Sam Altman, Satya Nadella to Ilya Sutskever – check out the top protagonists

[ad_1] 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.But if this saga has left you bamboozled, then you need to know the protagonists of this entire show and the role they played in bringing about this cataclysmic event. Let us take a look. Sam Altman, former CEO, OpenAIThere have been a lot of rumor...

Sam Altman may still end up in OpenAI, suggests Microsoft CEO Satya Nadella

21Nov

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Technology

Sam Altman may still end up in OpenAI, suggests Microsoft CEO Satya Nadella

[ad_1] The Sam Altman-OpenAI-Microsoft saga is turning out to be one of the most dramatic ones to come out of the tech world. Just when it seemed that the entire situation was over with Altman and Greg Brockman joining Microsoft, Satya Nadella threw yet another curve ball. Appearing in interviews with CNBC and Bloomberg TV a few hours earlier, the Microsoft CEO hinted at the possibility that Altman may return to OpenAI, the home he was ousted from. The statements by Nadella only add fuel to the fire earlier started with Ilya Sutskever's post on X showing regret for the incident and the open letter by OpenAI staff threatening to mass resign if Altman was not reinstated.During an interview with CNBC, Nadella said, “Obviously, we want Sam and Greg to have a fantastic home if they're not go...

After joining Microsoft, Sam Altman makes strong ‘unity and commitment’ pitch

20Nov

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Technology

After joining Microsoft, Sam Altman makes strong ‘unity and commitment’ pitch

[ad_1] 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.Markets have clearly welcomed the move by Altman to join Microsoft as is seen by the share price. OpenAI will not likely benefit from his exit though as he is expected to set up...

5 things about AI you may have missed today: Tech workers deem AI overrated, Sam Altman joins Microsoft, more

20Nov

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Technology

5 things about AI you may have missed today: Tech workers deem AI overrated, Sam Altman joins Microsoft, more

[ad_1] Skeptical tech workers say AI is overrated; Australia launches inaugural AI month to shape responsible AI future; DeepBio makes history as first Korean cancer A.I. company to win CES Innovation award; fired OpenAI CEO Sam Altman enticed by Satya Nadella to join Microsoft - this and more in our daily roundup. Let us take a look..1. Tech workers skeptical as more than half deem AI overratedOver half of surveyed tech workers, including software engineers, designers, and business leaders, believe AI, including innovations like OpenAI's ChatGPT, is overrated, according to a Retool study. The skepticism arises from a lack of evident transformative impacts on productivity or work quality for businesses. Respondents express difficulty relying on current AI capabilities, citing time-consu...

Sacked by OpenAI, Sam Altman, the face of AI, joins Microsoft! Check reactions

20Nov

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Technology

Sacked by OpenAI, Sam Altman, the face of AI, joins Microsoft! Check reactions

[ad_1] 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 t...

Shocking revelation! Big coup by Satya Nadella, Sam Altman to join Microsoft

20Nov

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Technology

Shocking revelation! Big coup by Satya Nadella, Sam Altman to join Microsoft

[ad_1] In yet another shocking twist to the Sam Altman-OpenAI saga, after failing to bring him back as the CEO, Microsoft CEO Satya Nadella has announced that Altman, along with former OpenAI President Greg Brockman, will be joining Microsoft. This development comes just hours after it was revealed that Altman won't be returning to OpenAI after all, and the company has hired former Twitch CEO Emmett Shear as the interim CEO. Altman himself took to X after Nadella's announcement and posted this on X, “The mission continues”. So, from what looked like the jaws of defeat, Satya Nadella has snatched an awesome victory! After indicating his keenness to get Altman back in CEO's role at OpenAI and failing to do so, Nadella has actually managed to grab the biggest prize of them all - Sam Altman...