Microsoft offers to match pay of all OpenAI staff
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Microsoft offering to match compensation for OpenAI employees threatening to resign
A top Microsoft executive announced that the company will match compensation for any OpenAI employees who threatened to resign from their positions with the company amid the ouster of former CEO Sam Altman. Microsoft Chief Technology Officer ...Nov. 21, 2023 - thehill.com - Just In News | The Hill - Microsoft -
KPMG extends pay freeze to 12,000 UK staff
The Big Four firm already kept pay flat in its deal advisory unit because of a prolonged slowdown in dealmakingNov. 24, 2023 - ft.com - UK homepage - United Kingdom -
OpenAI chaos not about AI safety, says Microsoft boss
Microsoft's president says the sacking of OpenAI boss Sam Altman was not because of AI safety worries.Nov. 30, 2023 - bbc.co.uk - BBC News - Home - Microsoft -
Microsoft secures nonvoting board seat at OpenAI
Microsoft will have a nonvoting board seat at OpenAI, the company announced Wednesday.Nov. 30, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
OpenAI's New Board Takes Over and Says Microsoft Will Have Observer Role
The group of directors will expand and strengthen governance structure following CEO Sam Altman’s surprise ouster and return.Nov. 29, 2023 - online.wsj.com - WSJ.com: WSJD - Microsoft -
Microsoft will have observer role on OpenAI’s new board
Key investor in generative AI start-up seeks to strengthen corporate governance after week of tumultNov. 30, 2023 - ft.com - UK homepage - Microsoft -
Sam Altman Officially Returns to OpenAI—With a New Board Seat for Microsoft
The CEO’s memo to staff announces a nonvoting seat for Microsoft but leaves questions about the future of chief scientist Ilya Sutskever.Nov. 30, 2023 - wired.com - Wired - Microsoft -
Sam Altman’s return as OpenAI CEO is official, Microsoft gets non-voting seat on board
After one of the more dramatic few weeks in recent corporate history, OpenAI co-founder Sam Altman is officially its chief executive again.Nov. 30, 2023 - marketwatch.com - MarketWatch.com - Top Stories - Microsoft -
OpenAI names new board with Microsoft as non-voting partner
OpenAI, the AI company behind ChatGPT, has appointed a new board of directors and added Microsoft as a non-voting observer after a series of events that led to the firing of its CEO and the near-departure of hundreds of employees.Nov. 30, 2023 - venturebeat.com - VentureBeat - Microsoft -
Amazon cloud boss takes swipe at Microsoft over OpenAI turmoil
Adam Selipsky says companies ‘don’t want a cloud provider that’s beholden primarily to one model provider’Nov. 28, 2023 - ft.com - UK homepage - Microsoft -
Microsoft Needs a Better Seat at OpenAI's Table
The leadership crisis exposed Microsoft’s reliance on the AI startup, showing a need for a greater role.Nov. 27, 2023 - online.wsj.com - WSJ.com: World News - Microsoft -
OpenAI turmoil exposes threat to Microsoft’s investment
Satya Nadella’s bet on AI start-up destabilised by shock sacking of Sam AltmanNov. 24, 2023 - ft.com - UK homepage -
OpenAI ‘was working on advanced model so powerful it alarmed staff’
Reports say new model Q* fuelled safety fears, with workers airing their concerns to the board before CEO Sam Altman’s sacking. OpenAI was reportedly working on an advanced system before Sam Altman’s sacking that was so powerful it caused safety ...Nov. 23, 2023 - theguardian.com - The Guardian -
Nonfiction authors sue OpenAI, Microsoft for copyright infringement
A group of nonfiction authors has filed a lawsuit against U.S.-based tech giant Microsoft and artificial intelligence (AI) company OpenAI, alleging that the two companies trained its AI ChatGPT tool to copy their work without their consent. In a ...Nov. 23, 2023 - thehill.com - Just In News | The Hill - Microsoft -
OpenAI Staff Threatens Exodus, Jeopardizing Company’s Future
A board member who was part of Sam Altman’s ouster as chief executive joined a majority of the company’s staff in calling for the decision’s reversal.Nov. 22, 2023 - nytimes.com - NYT > Business -
How Microsoft’s Satya Nadella Kept the OpenAI Partnership Alive
Mr. Nadella moved fast to hire Sam Altman, who was pushed out of OpenAI on Friday, and asserted his company’s role in its partnership with the A.I. start-up.Nov. 22, 2023 - nytimes.com - NYT > Technology -
How Microsoft ‘Bought’ OpenAI On The Cheap
The tax savings from the collapse of its OpenAI investment could pay for Microsoft to hire the ChatGPT maker's employees many times over.Nov. 22, 2023 - inc.com - Inc.com - Microsoft -
Microsoft preparing San Francisco offices for OpenAI employees, even as chaos lingers
Microsoft is preparing physical space at its LinkedIn offices for OpenAI employees to occupy if they join the bigger corporation.Nov. 21, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
Microsoft CEO Nadella says OpenAI governance needs to change no matter where Altman ends up
Microsoft CEO Satya Nadella told CNBC on Monday that the company remains committed to OpenAI and Sam Altman after three days of dramaNov. 21, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
Microsoft chief says ‘no OpenAI’ without tech giant’s involvement
Satya Nadella reveals Microsoft, OpenAI’s biggest investor, was not consulted about Sam Altman’s dismissal as fallout continues. The boss of Microsoft has said there is “no OpenAI” without his company’s involvement, as he revealed the American ...Nov. 21, 2023 - theguardian.com - The Guardian - Microsoft -
Microsoft exec says OpenAI employees can join with same compensation
Microsoft CTO Kevin Scott offered to match the compensation of OpenAI employees considering a departure from the company.Nov. 21, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
Why Jim Cramer sees upside for Salesforce amid the OpenAI, Microsoft drama
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.Nov. 21, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
OpenAI’s future hangs in balance amid stand-off between staff and board
More than 95% of employees have threatened to quit and join Microsoft if board refuses to resignNov. 21, 2023 - ft.com - UK homepage -
Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns
Hundreds of OpenAI employees have signed a letter demanding the board resign or face an employee exodus to Altman's new venture at Microsoft.Nov. 21, 2023 - cnbc.com - US Top News and Analysis - Microsoft -
OpenAI/Microsoft: non-profit’s mission is at odds with its biggest investor
The AI company depends on Microsoft’s cloud computing resources and the $10bn investment it pledgedNov. 21, 2023 - ft.com - UK homepage