November 22, 2023, 2:05 PM

Top News

Ina Fried / Axios:
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo  —  OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce co-CEO Bret Taylor.
More: The Verge, Reuters, The New Stack, Associated Press, The New Stack, TechCrunch, CNN, Crunchbase News, The Information, Search Engine Land, Business Insider, Business Insider, Bloomberg, Neowin, Observer, BBC, Washington Post, Rolling Stone, ExtremeTech, MarTech, Pocket, Variety, CIO Dive, ZyCrypto, Lifewire, IGN, iPhone in Canada Blog, BGR, Deadline, Business Insider, Thurrott, 9to5Mac, Constellation Research, Wall Street Journal, Reuters, Forbes, CoinDesk, SiliconANGLE, and TechCrunch
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Amir Efrati / The Information:
Source: as part of the deal, Sam Altman and Greg Brockman will not reclaim their board seats; Altman had pushed for more control; OpenAI retains its structure  —  Sam Altman, who was fired on Friday as CEO of OpenAI and was reinstated Tuesday night after a dramatic battle with the company's board …
The Verge:
Source: OpenAI's initial board plans to vet and appoint a new formal board of up to nine people; Adam D'Angelo remained to give the prior board representation  —  Sam Altman will return as CEO of OpenAI, overcoming an attempted boardroom coup that sent the company into chaos over the past several days.
New York Times:
Sources: before his ousting, Sam Altman moved to push out board member Helen Toner over a paper he thought was critical of OpenAI, among other board tensions  —  Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months.
Deepa Seetharaman / Wall Street Journal:
Source: OpenAI's initial board and Sam Altman's camp have agreed to conduct an independent investigation into the ouster of Sam Altman and its aftermath  —  Company says it will have new initial board of Bret Taylor, Larry Summers and Adam D'Angelo  —  OpenAI said Sam Altman will return …
Mark Bergen / Bloomberg:
Larry Summers, now on OpenAI's interim board, believes AI is coming for white-collar jobs; Summers sits on Block's and Skillsoft's boards and advised a16z  —  Late on Tuesday night, OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with a revamped board …
Washington Post:
Sources: in 2019, Paul Graham flew from the UK to San Francisco to fire his protégé Sam Altman from YC, worried that Altman put his interests ahead of YC  —  Before OpenAI, Altman was asked to leave by his mentor at the prominent start-up incubator Y Combinator …
Wall Street Journal:
Blackwing Intelligence:
At Microsoft's request, researchers find multiple flaws in the top three fingerprint sensors in laptops and used for Windows Hello fingerprint authentication  —  Authors:  —  TL;DR  —  Microsoft's Offensive Research and Security Engineering (MORSE) asked us to evaluate the security …
Timmy Shen / The Block:
DefiLlama: Binance's 24-hour outflows reached $1B as of 2:30AM ET on November 22 and seven-day net outflows were $703.1M, after Changpeng Zhao pled guilty  —  The world's largest crypto exchange saw an uptick in withdrawals around the time that CEO Changpeng Zhao pled guilty to criminal charges.
David Voreacos / Bloomberg:
US filings: Binance's lax rules and staff misconduct helped Hamas, al-Qaida, and ISIS raise funds, let Iranians conduct 1.1M+ transactions worth $899M, and more  —  - Crypto exchange turned blind eye to child pornography, US says  — Hamas, al-Qaeda raised money through Binance, Treasury claims
Olga Kharif / Bloomberg:
Alex Konrad / Forbes:
Inflection AI debuts Inflection-2, an LLM the company claims outperforms Llama 2 and Google's PaLM in some tests, and plans to add the model to its Pi chatbot  —  The startup behind the chatbot Pi says its Inflection-2 model outpaces popular alternatives from Google and Meta, and is catching up to OpenAI's flagship fast.
Jordan Novet / CNBC:
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B  —  - Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.
Michael Acton / Financial Times:
Justin Sun-linked crypto exchange HTX and Heco bridge are hacked in separate exploits that may have drained more than a combined $110M worth of cryptocurrencies  —  - Crypto exchange HTX halts withdrawals and deposits after hack  — Attack is third breach of Sun-linked platform since September
Kyle Wiggers / TechCrunch:
OpenAI makes ChatGPT with voice now available to all free users  —  Ex-OpenAI president Greg Brockman — who, as far as we're aware, isn't currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X, including one today about ChatGPT's voice narration feature being made available to all ChatGPT users.
Timmy Shen / The Block:
Email: Mt. Gox plans to start repaying some creditors this year, likely extending into 2024, marking the first step in repayments for all creditors  —  - An email to creditors said that the defunct bitcoin exchange plans to commence cash repayments this year and will likely continue repaying into next year.

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Diane Bartz / Reuters:
The Information:
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