| 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.| 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.| 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 … | 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 … | 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 … | Mark Bergen / Bloomberg: |
| Wall Street Journal: |
| CNBC: |
Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws — - The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.| @cz_binance: |
| Olga Kharif / Bloomberg: |
| Timmy Shen / The Block: |
| David Voreacos / Bloomberg: |
| 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.| 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 … | Bill Toulas / BleepingComputer: |
The US Department of Energy's Idaho National Laboratory confirms a data breach after “SiegedSec” hacktivists leaked stolen HR data on hacker forums and Telegram — The Idaho National Laboratory (INL) confirms they suffered a cyberattack after ‘SiegedSec’ hacktivists leaked stolen human resources data online.| 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.| 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.| John Carreyrou / New York Times: |
How Carl Rinsch's sci-fi TV series became a costly fiasco for Netflix, which burned $55M+ without receiving a single episode, an example of streaming excess — After suitors flocked to a sci-fi project by Carl Rinsch, director of a single movie, the winner handed over money and control.| CNN: |
Paris Hilton's 11:11 Media suspends an ad campaign on X one month after announcing a partnership with X; it's unclear whether the partnership is still on — Paris Hilton's entertainment company 11:11 Media has pulled an advertising campaign from Elon Musk's X just one month after announcing … | Jane Zhang / Bloomberg: |
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M — - Ma earlier planned to sell 10 million shares this week — Alibaba's overhaul in doubt after canceling cloud spinoff| Reuters: |
A Florida judge rules he found “reasonable evidence” that Tesla knew about the Autopilot defect, opening the door to a public trial over a fatal Tesla car crash — A Florida judge found “reasonable evidence” that Tesla Chief Executive Elon Musk and other managers knew … | Amitoj Singh / CoinDesk: |
Court filing: crypto lender Genesis sues the Winklevoss' exchange Gemini Trust to recover $689M, alleging Gemini made preferential transfers to other creditors — Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX. — Register Now
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| Byron Kaye / Reuters: |
| Diane Bartz / Reuters: |
| The Information: |
| Kristi Hines / Search Engine Journal: |