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November 20, 2023, 4:15 PM

Top News

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, CNN, Bloomberg, Axios, PYMNTS.com, Fortune, Slate, Semafor, New York Times, Built Not Found, The Messenger, Business Insider, CoinJournal, CNBC, Forbes, TIME, Cointelegraph, ExtremeTech, New York Times, Wired, CNBC, Neowin, Music Ally, TechCircle, and Bitcoinist.com
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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.
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 …
New York Times:
Memo: OpenAI's board “stands by its decision as the only path to advance and defend” OpenAI's mission and criticizes “Sam's behavior and lack of transparency”  —  The announcement capped a tumultuous weekend for OpenAI, after Mr. Altman made a push to reclaim his job …
Bloomberg:
Ilya Sutskever and 700+ out of ~770 OpenAI staffers sign a letter saying say 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
Amir Efrati / The Information:
OpenAI board director Ilya Sutskever told staff that Sam Altman will not return as OpenAI's CEO; OpenAI names Twitch co-founder Emmett Shear as interim CEO  —  Sam Altman won't return as CEO of OpenAI, despite efforts by the company's executives to bring him back, according to co-founder and board director Ilya Sutskever.
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:
Analyzing the Sam Altman-OpenAI saga: nonprofit issues, OpenAI's for-profit work going to Microsoft, staff exits, Altman's motivations, and the new AI landscape  —  I have, as you might expect, authored several versions of this Article, both in my head and on the page, as the most extraordinary weekend of my career has unfolded.
The Atlantic:
Sources describe how ChatGPT's success widened OpenAI's ideological rifts, as Ilya Sutskever began behaving like a spiritual leader anticipating AGI's arrival  —  Sam Altman's weekend of shock and drama began a year ago, with the release of ChatGPT.  —  To truly understand the events …
Olivia Solon / Bloomberg:
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
Reuters:
Cruise co-founder and Chief Product Officer Daniel Kan resigns, a day after CEO Kyle Vogt quit  —  General Motors' (GM.N) Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a day after Cruise CEO Kyle Vogt quit.
More: Forbes and Gizmodo
TechCrunch:
Vicky Ge Huang / Wall Street Journal:
Crypto exchange Bullish, run by a former NYSE president, acquires CoinDesk for an undisclosed sum in an all-cash deal; DCG acquired CoinDesk for $500K in 2016  —  CoinDesk says former Wall Street Journal Editor in Chief Matt Murray will chair an independent editorial committee

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