Skip to main content

Sam Altman in Talks to Return at OpenAI as Microsoft Seeks Governance Changes at Firm: Report

Sam Altman and OpenAI's board have opened discussions to bring back its former CEO, and the startup's backer Microsoft is discussing governance changes it plans to request from the board, Bloomberg News reported on Tuesday, citing sources.

Talks are taking place between Altman and at least one board member, Quora CEO Adam D'Angelo, Bloomberg said in a report citing people familiar with the matter.

Altman could return as a director on a transitional board and the talks also involve some investors of the artificial intelligence startup.

The ChatGPT owner fired Altman in a surprise move on Friday and before the weekend was over, OpenAI investor Microsoft hired him and Greg Brockman, another co-founder of the startup.

But things appeared fluid, as Microsoft CEO Satya Nadella told media on Monday "irrespective of where Sam is, he's working with Microsoft" and that governance at OpenAI needed to change.

The changes Microsoft is planning to ask OpenAI's board for may include an increase in the size of the board and a boost to the experience level required for members, Bloomberg said.

Other than Quora's D'Angelo, OpenAI's four-person board consisted of Tasha McCauley, Helen Toner and OpenAI chief scientist Ilya Sutskever as of Friday.

Microsoft's deal with OpenAI requires the startup's board to seek Microsoft approval for a merger, and the software giant will look to shore up those protections, Bloomberg said.

OpenAI did not respond to Reuters requests for comment.

Altman's ouster started a revolt at the company. Nearly all of its more than 700 employees threatened to quit in a letter demanding the resignation of the board and reinstatement of Altman and Brockman.

Nadella has said he was open to staff staying at OpenAI or coming to the Windows maker.

OpenAI interim CEO Emmett Shear has told people close to the company that he does not plan to stay if the board cannot clearly convey the reason for Altman's ouster, the Bloomberg report said on Tuesday.

Some investors in OpenAI are considering suing the company's board, sources told Reuters on Monday, on worries that they could lose millions of dollars they invested with the potential collapse of the hottest startup in the rapidly growing generative AI sector.

© Thomson Reuters 2023

Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company's new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.


from Gadgets 360 https://ift.tt/egZFlXE

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Xiaomi Offers Free Xiaomi 12 Pro Upgrade to Mi 11 Ultra Users Facing Wi-Fi Issues

Xiaomi is offering a free upgrade to a Xiaomi 12 Pro for Mi 11 Ultra users who are facing Wi-Fi issues. These users also have the option to further upgrade to the company's latest Xiaomi 13 Pro by paying an extra fee of Rs. 30,000. Just recently, the company extended the warranty of the Mi 11 Ultra alongside other smartphones by two years, after users complained of camera and motherboard issues. The current offer — including the free upgrade and the paid one, is extended to the Mi 11 Ultra users who are having trouble with Wi-Fi on their handsets. The Xiaomi India President Muralikrishnan B announced the offers in a video message via Twitter. He added that the  Mi 11 Ultra users who had previously paid and upgraded their handsets to the Xiaomi 12 Pro will be offered a full refund. They will need to contact the company online or through the nearest Xiaomi service centre. Notably, this refund is only applicable to users who upgraded their handsets due to Wi-Fi issues....
Post a Comment
Read more

Softbank CEO Says He is Heavy User of ChatGPT Speaks to OpenAIs Sam Altman Often

SoftBank Group 's Chief Executive Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the artificial intelligence-powered chatbot from Microsoft -backed startup OpenAI. Son said he is speaking "almost everyday" to OpenAI CEO Sam Altman , who has made high-profile visits to Tokyo this year as he looks to capitalise on interest in generative AI and exert influence on the regulation of the burgeoning technology around the world. "I am chatting with ChatGPT everyday - I am a heavy user," Son told shareholders of the group's telecoms subsidiary. Son has stepped back from public pronouncements in recent months to focus on the planned listing of chip designer Arm as his technology investment conglomerate books heavy loss due to the sliding value of its portfolio. The group holds its annual general meeting on Wednesday with the market looking for details of Son's investment outlook at a time when excitement over AI is driving capital...
Post a Comment
Read more