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November 20, 2023, 7:05 PM

Top News

Manish Singh / TechCrunch:
Satya Nadella says Sam Altman, Greg Brockman, and OpenAI staff will join Microsoft's new “advanced AI research team” and Microsoft remains committed to OpenAI  —  Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” …
More: The Verge, SemiAnalysis, CNN, CNBC, Bloomberg, Axios, Forbes, New York Times, Built Not Found, PYMNTS.com, NBC 7 San Diego, Patently Apple, Business Insider, Bitcoinist.com, CoinJournal, Supervised, TIME, New York Times, and The Messenger
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The Verge:
Sources: Sam Altman's move to Microsoft is not a done deal; he and Brockman are open to returning to OpenAI if the remaining board members who fired him resign  —  Sam Altman's surprise move to Microsoft after his shock firing at OpenAI isn't a done deal.  He and co-founder Greg Brockman …
Bloomberg:
Ilya Sutskever and 700+ out of ~770 OpenAI staffers sign a letter saying say they may quit and join Sam Altman unless the board resigns and reinstates Altman  —  - Majority of OpenAI employees sign letter seeking new board  — Board member Ilya Sutskever is among the signatories
Ilya Sutskever / @ilyasut:
OpenAI's Ilya Sutskever says “I deeply regret my participation in the board's actions”, “I never intended to harm OpenAI”, and will try “to reunite the company”  —  I deeply regret my participation in the board's actions. I never intended to harm OpenAI. I love everything we've built together and I will do everything I can to reunite the company.
New York Times:
Memo: OpenAI's board “stands by its decision as the only path to advance and defend” OpenAI's mission and criticizes “Sam's behavior and lack of transparency”  —  The announcement capped a tumultuous weekend for OpenAI, after Mr. Altman made a push to reclaim his job …
Financial Times:
A look at OpenAI's wild weekend, as an internal debate over its mission became public; investors say OpenAI has not explained why Altman was fired so abruptly  —  Internal debate about ChatGPT maker's mission exploded into view during wild few days of corporate drama
Amir Efrati / The Information:
OpenAI board director Ilya Sutskever told staff that Sam Altman will not return as OpenAI's CEO; OpenAI names Twitch co-founder Emmett Shear as interim CEO  —  Sam Altman won't return as CEO of OpenAI, despite efforts by the company's executives to bring him back, according to co-founder and board director Ilya Sutskever.
CNBC:
Satya Nadella says “it's very clear that something has to change around the governance” of OpenAI no matter where Sam Altman ends up  —  - Microsoft CEO Satya Nadella told CNBC on Monday that the company remains committed to OpenAI and Sam Altman.
Ben Thompson / Stratechery:
Analyzing the Sam Altman-OpenAI saga: nonprofit issues, OpenAI's for-profit work going to Microsoft, staff exits, Altman's motivations, and the new AI landscape  —  I have, as you might expect, authored several versions of this Article, both in my head and on the page, as the most extraordinary weekend of my career has unfolded.
Olivia Solon / Bloomberg:
The Atlantic:
Nikhilesh De / CoinDesk:
In a lawsuit, the US SEC accuses Kraken of commingling customer and corporate funds while operating as an unregistered broker, clearing agency, and dealer  —  The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
Bloomberg:
Sources: the US DOJ seeks $4B+ from Binance as part of a proposed resolution of a years-long probe; CZ would still potentially face criminal charges in the US  —  - Resolution could come as soon as the end of this month  — Binance and founder Changpeng Zhao would face charges in US
Wall Street Journal:
Amazon launches AI Ready, a program with free AI classes that aims to train at least 2M people by 2025 on basic to advanced AI skills  —  Company aims to train two million people in AI as fight for skilled workers ramps up with Microsoft, Google  —  Amazon.com is launching a program …

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