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The Latest Breaking News from Microsoft

OpenAI shows the pitfalls of a nonprofit model

The for-profit model has a far better track record than non-profits of delivering value to society.

Fortune

Stock market today: Asian shares trading mixed after Wall Street rally led by Microsoft gains

Asian shares are trading mixed after a rally on Wall Street that was led by gains in Microsoft after it announced it was hiring Sam Altman, former CEO of OpenAI, the ChatGPT maker

The Independent UK

OpenAI's 'unusual' board can make unilateral decisions without asking permission from anyone—like deep-pocketed backer Microsoft and Satya Nadella

OpenAI says it wants to make decision on behalf of all of humanity, not its backers. Its investors aren't happy to learn that.

Fortune

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OpenAI’s board is facing backlash for firing CEO Sam Altman – but it’s good it had the power to

The sudden removal of OpenAI CEO Sam Altman on Friday was met with shock and disapproval by the company’s employees. More than 90% signed a letter threatening to leave OpenAI if the board didn’t resign and reinstate Altman – who has since apparently been poached by Microsoft, along with a…

The Conversation

After being blindsided by Sam Altman firing, Satya Nadella vows OpenAI governance changes: ‘Surprises are bad’

'This idea that changes happen without being in the loop is not good, and we will definitely make sure some of the changes needed happen,' Microsoft's boss said in an interview on Monday.

Fortune

Morning Digest | India, Australia hold 2+2 Ministerial talks to boost strategic ties, Joseph Boakai declared winner of Liberia presidential Elections, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on November 21, 2023

The Hindu

Sharks are circling OpenAI hunting for AI talent, with Satya Nadella and Marc Benioff leading the feeding frenzy

Salesforce CEO Marc Benioff has offered to match compensation to any OpenAI researcher who has tendered their resignation.

Fortune

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OpenAI’s venture capital investors keeping legal action on the table if Sam Altman isn’t reinstated, sources say

Satya Nadella's midnight hiring of Sam Altman and Greg Brockman was a shrewd move for Microsoft, but unless Altman returns to OpenAI, the startup's other VC investors will be left with an empty shell.

Fortune

OpenAI In Upheaval, Report Says Altman Could Return Amid Board Tensions: Microsoft Hits Record Highs, On Track For Best Year Since 1999

Former president of OpenAI, is reportedly contemplating a return to the company contingent on the resignation of the board members

Zenger

What you need to know about Emmett Shear, OpenAI's new interim CEO

OpenAI is bringing in the former head of Twitch as interim CEO just days after the company pushed out its well-known leader, Sam Altman, sparking upheaval in the world of artificial intelligence

The Independent UK

Stock Market Today: Microsoft Gains Boost Stock Market

The blue chip stock popped on news the software giant has snagged OpenAI's ousted CEO to help lead an advanced AI research team.

Kiplinger

OpenAI's meltdown: What to know about Sam Altman's ouster, the employee revolt, and Microsoft's plot twist

On Friday afternoon, the OpenAI board fired Altman, saying he has not been “consistently candid” with them. By early Monday morning, he’d been hired by Microsoft.

Fortune

OpenAI made 5 huge governance missteps—here’s what boards can learn from its error

OpenAI's boardroom decision has left investors and Silicon Valley stunned.

Fortune

Microsoft added $63 billion to market cap from OpenAI drama

By hiring Sam Altman and Greg Brockman to a new in-house advanced AI research team, Microsoft flipped the script in the OpenAI debacle.

Fortune

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The Independent UK

OpenAI staff ‘threaten to quit over ousting of Sam Altman’

A letter signed by around 500 members of staff says they will quit unless the firm’s board resigns and reinstates Mr Altman as CEO, it is reported.

The Guardian - UK

What’s been going on at the company behind ChatGPT – and why it matters

OpenAI has been at the centre of a Silicon Valley corporate drama since the recent sacking of CEO Sam Altman

Al Jazeera

OpenAI staff threaten to quit after firing of CEO Sam Altman

In a letter, some of OpenAI’s most senior staff members threatened to leave the company if the board was not replaced.

Fortune

Elon Musk is enjoying changing the subject to OpenAI's implosion, roasting Sam Altman about not getting fired on Microsoft Teams

After last week’s terrible news cycle about him, Elon Musk pulled out his popcorn and live-tweeted the OpenAI meltdown.

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news in one place.

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Fortune

The OpenAI saga isn't over—here's how Sam Altman could still return

A lot of people stand to lose a lot of money if OpenAI tries to forge on without Sam Altman.

Fortune

OpenAI implosion provides high drama—and for once, Elon Musk is on the sidelines

OpenAI's future looks cloudy as ousted Sam Altman joins Microsoft and staffers threaten to leave.

Windows Central

"Microsoft has assured us that there are positions for all OpenAI employees ...” Redmond's (not so) quiet coup of ChatGPT maker could reach dizzying heights today

Sam Altman has a new position at Microsoft as an Advanced AI lead. A new report indicates that more of his colleagues could potentially join him at Microsoft after the board of directors failed to deliver on their requests to reinstate him from his position.

Evening Standard

Sam Altman’s OpenAI drama explained - Tech & Science Daily

It’s been a busy weekend for ex-OpenAI CEO Sam Altman, who has found himself fired by the company and hired by Microsoft in the space of a weekend.

Fortune

Ilya Sutskever, the OpenAI cofounder who helped oust CEO Sam Altman, says he “deeply regrets” his role and threatens to quit unless board resigns

Sutskever is believed to have played a key role in turning other board members against Altman.

The Guardian - UK

Sam Altman’s OpenAI exit leads to rollercoaster for sector

Firing of industry figurehead led to rebellion at his former employer and his hiring by its rival Microsoft

The Guardian - UK

OpenAI staff threaten to quit en masse unless Sam Altman is reinstated

More than 600 employees demand resignation of board after shock firing of chief executive

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