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November 22, 2023, 3:05 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.
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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.
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.
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
CNBC:
Michael Acton / Financial Times:
Nvidia expects strong growth in most regions to offset a “significant” drop in sales to China because of recently tightened AI chip rules  —  US chipmaker forecasts higher than expected revenues on strong demand for its AI processors  —  Nvidia forecast higher than expected sales …
Jordan Novet / CNBC:

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