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November 19, 2023, 9:01 PM
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Bloomberg:
Sources: talks to reinstate Altman, led by Satya Nadella, hit a snag over the board's role; source: board members are yet to resign as they vet replacements  —  - OpenAI's leaders want board removed, but directors resisting  — Board given 5 p.m. deadline to give in to Altman's demands
The Verge:
Source: OpenAI's board had agreed to resign and let Sam Altman and Greg Brockman return, but has since waffled; Altman would want significant governance changes  —  The OpenAI board is in discussions with Sam Altman to return to CEO, according to multiple people familiar with the matter.
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Erin Woo / The Information:
Sources: in a memo, OpenAI Chief Strategy Officer Jason Kwon told employees that the company is “optimistic” it can bring back Sam Altman and Greg Brockman  —  OpenAI is “optimistic” it can bring back Sam Altman, Greg Brockman and other key employees who departed in the wake …
Bloomberg:
Sources: before his ouster, Sam Altman was trying to raise money in the Middle East for a venture, codenamed Tigris, to produce TPUs and compete with Nvidia  —  - Altman was fundraising in the Middle East for new chip venture  — The project, code-named Tigris, is intended to rival Nvidia
James Ball / Techtris:
How the very unusual governance structure of OpenAI, born out of effective altruism, led to the firing of Sam Altman, as the philosophy clashed with reality  —  What has happened looks incomprehensible unless you know the strange history of OpenAI, its philosophy, and how that is now clashing with reality.
Bloomberg:
Sources: Microsoft and Thrive are working to reinstate Sam Altman as OpenAI's CEO; Satya Nadella, blindsided by the board's decision, pledged to support Altman
Forbes:
Sources: OpenAI investors discussed reinstating Sam Altman by threatening OpenAI with mass researcher revolt, withholding Microsoft cloud credits, and a lawsuit
Reed Albergotti / Semafor:
Sources: OpenAI has received only a fraction of Microsoft's $10B investment, a big portion of which is in cloud purchases, giving Microsoft significant leverage
Forbes:
Sources: leading ad execs told Linda Yaccarino that she is risking her reputation and suggested her to step down as X CEO to make a statement about antisemitism  —  In the aftermath of IBM, Disney, Apple and others pausing spending on X, formerly known as Twitter, top advertising executives …
Mark Gurman / Bloomberg:
A look at Apple's quest to build key device components in-house, including a cellular modem and other wireless chips, displays, batteries, and camera sensors  —  This week, we go inside Apple's quest to replace every major part of the iPhone with an in-house design.
Greg Brockman / @gdb:
Greg Brockman describes OpenAI co-founder Ilya Sutskever's role in Sam Altman's firing, Brockman's removal from OpenAI's board, and Mira Murati's foreknowledge  —  Sam and I are shocked and saddened by what the board did today. Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out. We too are still trying to figure out exactly...
Kara Swisher / @karaswisher:
Sources: Sam Altman's exit followed a “misalignment” between OpenAI's profit and nonprofit adherents; some may view the company's development speed as too risky

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From Mediagazer

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