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November 21, 2023, 1:55 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 …
Bloomberg:
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 Verge, SemiAnalysis, CNBC, CNN, MarketWatch, Business Insider, Built Not Found, New York Times, Bloomberg, Axios, Financial Times, Forbes, Supervised, Patently Apple, KNSD-TV, and Financial Times
Threads: @crumbler and @mkbhd
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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.
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.
Shirin Ghaffary / Bloomberg:
OpenAI exec Anna Makanju told staff the company is in “intense discussions” to unify, is in touch with Sam Altman, and there will be “no final response” tonight  —  - Staff told company is negotiating with Sam Altman and board  — No leadership decision expected this evening as talks drag out
More: The Verge
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
Ben Thompson / Stratechery:
New York Times:
Adi Robertson / The Verge:
TX AG, “troubled” by Musk's claims, opens a probe into Media Matters, which calls X's lawsuit frivolous; X avoids anti-SLAPP statutes as it filed in 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 it “knowingly and maliciously” misrepresented the amount of antisemitic content on the platform  —  Musk says the watchdog org “would not let truth get in the way of a story”  —  Elon Musk has followed through …
Devin Coldewey / TechCrunch:
Media Matters' claims that some companies' ads appeared next to antisemitic content do not seem to be “manufactured”, contrary to what X alleges in its suit  —  Elon Musk's X, formerly Twitter, has filed a lawsuit alleging defamation by a news organization over claims …
Kylie Robison / Fortune:
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.
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

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More News

Maria Curi / Axios:
Cristiano Lima / Washington Post:

Earlier Picks

Vicky Ge Huang / Wall Street Journal: