November 21, 2023, 5:15 AM

Top News

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 …
Ilya Sutskever and over 700 out of ~770 OpenAI staffers sign a letter saying 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
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 Official Microsoft Blog, CNN, The Verge, CNBC, SemiAnalysis, Built Not Found, New York Times, MarketWatch,, Business Insider, Memeburn, Bloomberg, NBC 7 San Diego, Axios, Forbes, Fortune, and TweakTown
Threads: @mkbhd and @crumbler
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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.
Ilya Sutskever / @ilyasut:
Adi Robertson / The Verge:
Texas' AG, “troubled” by Elon Musk's claims, probes Media Matters, which calls X's suit “frivolous”; X avoids anti-SLAPP statutes by filing in the 5th Circuit  —  X, formerly Twitter, has followed through with owner Elon Musk's threat to sue the left-leaning nonprofit Media Matters.
Sharon Knolle / The Wrap:
X files a defamation lawsuit against Media Matters, claiming the outlet “knowingly and maliciously” misrepresented the amount of antisemitic content on X  —  Musk says the watchdog org “would not let truth get in the way of a story”  —  Elon Musk has followed through on his threat …
Devin Coldewey / TechCrunch:
Kylie Robison / Fortune:
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
Matthew Prince / @eastdakota:
Microsoft isn't a clear winner in OpenAI chaos, as its ~$11B investment is in danger, building AI systems has reputational risks, and talent might not stay  —  I'm told mine is a contrarian view on the events of the last few days, so here goes... Contrary to what @kevinroose and others have written, Microsoft was not a winner of the events of the last few days around #OpenAI. They were in a much better place on Friday morning last week...
Ben Thompson / Stratechery:
Stephanie Palazzolo / The Information:
Source: OpenAI's board approached Anthropic CEO Dario Amodei about a potential merger as part of an effort to persuade Amodei to replace Sam Altman as CEO  —  OpenAI's board of directors approached Dario Amodei, the co-founder and CEO of rival large-language model developer Anthropic …
Olivia Solon / Bloomberg:
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.
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

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