OpenAI staff threaten to quit unless Sam Altman returns; Abu Dhabi fund lined up to take control of Telegraph – business live

Around 500 employees of OpenAI have signed a letter saying they may quit and join Sam Altman at Microsoft, unless he is reappointed and the board resigns
- Full story: Microsoft hires former OpenAI CEO Sam Altman
- Analysis: Sam Altman’s OpenAI exit leads to rollercoaster for sector
- Full story: Sunak says he will cut taxes ‘over time’ as he reveals new economic priorities
Spotify CEO Daniel Ek has reached for a popular meme to sum up the AI turmoil:
Microsoft’s shares are up over 2% in premarket trading, after announcing the hiring of Sam Altman and Greg Brockman to lead a new AI research team.
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OpenAI staff threaten to quit en masse unless Sam Altman is reinstated
More than 600 employees demand resignation of board after shock firing of chief executive. What’s been going on at OpenAI – and why it mattersAltman’s OpenAI exit leads to rollercoaster for sectorTurmoil has engulfed the company behind ChatGPT ...Nov. 20, 2023 - theguardian.com - The Guardian -
Abu Dhabi-backed fund says it will take control of Telegraph and Spectator
RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family. The Abu Dhabi-backed investment fund RedBird IMI has said it is to take control of the Telegraph and Spectator after agreeing loans to repay debts owed by ...Nov. 20, 2023 - theguardian.com - The Guardian -
OpenAI Staff Threaten to Quit Unless Board Resigns
More than 730 employees of OpenAI have signed a letter saying they may quit and join Sam Altman at Microsoft unless the startup’s board resigns and reappoints the ousted CEO.Nov. 20, 2023 - wired.com - Wired -
Abu Dhabi-backed fund poised to take over Telegraph
The fund, run by former CNN boss Jeff Zucker, says it has the money it needs to rescue the newspaper.Nov. 20, 2023 - bbc.co.uk - BBC News - Home -
OpenAI workers say they'll quit unless Sam Altman is reinstated as CEO
Employees demanding return of former boss tell OpenAI board to resign, threatening to leave and follow the ousted CEO to Microsoft otherwise.Nov. 20, 2023 - cbsnews.com - Home - CBSNews.com -
OpenAI employees threaten to quit en masse after former CEO Sam Altman joins Microsoft
Sam Altman, who was on Friday ousted as CEO of OpenAI, one of the world's hottest startups, has joined Microsoft to lead a new artificial intelligence project.Nov. 21, 2023 - nbcnews.com - NBC News Top Stories - Microsoft -
Government intervenes in Abu Dhabi's bid to buy Telegraph
The sale of the newspaper to Gulf investors has been referred to the competition and media regulators.20 hr ago - bbc.co.uk - BBC News - Home -
UK to probe Abu Dhabi-backed bid for Telegraph group
Regulators to investigate RedBird IMI’s debt for equity deal, but not its repayment of bank loans owed by the Barclay familyNov. 30, 2023 - ft.com - World - United Kingdom -
Abu Dhabi’s media record under scrutiny after Telegraph deal offer
Gulf state funding RedBird IMI’s bid for UK newspaper has sought to build English-speaking media assets for past 15 yearsNov. 26, 2023 - ft.com - World -
Tory concern grows over potential sale of Telegraph titles to Abu Dhabi
Former Telegraph editor Charles Moore among those to condemn bid for the Conservative party’s paper of choice . Tory MPs are used to poring over the pages of the Telegraph titles for evidence of whose political fortunes are up or down in the ...Nov. 26, 2023 - theguardian.com - The Guardian -
UK government ‘minded’ to probe Telegraph deal over Abu Dhabi links
Redbird IMI plans to offer further assurances to ensure independence of the newspaperNov. 22, 2023 - ft.com - UK homepage - United Kingdom -
OpenAI Employees Threaten to Quit Unless Board Resigns
More than 500 employees have threatened to resign from the company if the current board doesn’t resign and reinstate former CEO Sam Altman.Nov. 20, 2023 - online.wsj.com - WSJ.com: World News -
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 -
95 Percent of OpenAI Employees Threaten to Follow Sam Altman Out the Door
Nearly all of OpenAI’s 770 employees have now joined a letter threatening to quit in protest over the board’s decision to fire CEO Sam Altman. They’re demanding he be reinstated.Nov. 20, 2023 - wired.com - Wired -
OpenAI staff demand board resign over Sam Altman sacking
Almost all of the company's 770 staff have signed a letter calling on board members to go.Nov. 20, 2023 - bbc.co.uk - BBC News - Home -
Max Verstappen wins Abu Dhabi GP to bring curtain down on 2023 F1 season – live
Updates from the race on Yas Island, 1pm GMT start timeMeet F1’s next generation | And feel free to email Daniel“Moment of the F1 season from a US fan point of view?” asks Kurt Perleberg of himself. “Logan Sargent finishing P10 in the USGP at ...Nov. 26, 2023 - theguardian.com - The Guardian -
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 -
Sacking, revolt, return: how crisis at OpenAI over Sam Altman unfolded
Firing of the CEO behind ChatGPT company sent shock waves through Silicon Valley – only for him to be reinstated days later. When Sam Altman, the chief executive of OpenAI, took to the stage in San Francisco nine days ago he hinted at another ...Nov. 25, 2023 - theguardian.com - The Guardian -
'Accelerationists' Come Out Ahead With Sam Altman's Return to OpenAI
Silicon Valley is convinced it can create superhuman intelligence—but can’t decide on the pace.Nov. 24, 2023 - online.wsj.com - WSJ.com: WSJD -
The Fallout From Sam Altman’s Return to OpenAI
The reinstatement of the A.I. start-up’s chief executive also means business interests have gained ground over those worried about the technology’s future.Nov. 23, 2023 - nytimes.com - NYT > Business -
Sam Altman returns as CEO of OpenAI
Less than a week after he was fired as CEO of OpenAI, the maker of ChatGPT, Sam Altman has returned to his post after being briefly hired by Microsoft. Altman's return came after hundreds of OpenAI workers threatened to leave the company if he was ...Nov. 23, 2023 - cbsnews.com - Home - CBSNews.com -
Five Days of Chaos: How Sam Altman Returned to OpenAI
On Friday, Mr. Altman was pushed out of the hot A.I. start-up he ran. But an intense pressure campaign and negotiations brought him back.Nov. 22, 2023 - nytimes.com - NYT > Technology -
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
The ousted leader of ChatGPT maker OpenAI is returning to the company that fired him just days agoNov. 22, 2023 - abcnews.go.com - ABC News: Technology -
Sam Altman’s return to OpenAI highlights urgent need for trust and diversity
It's not clear how OpenAI intends to clean up remaining thorny governance issues, including its board structure and mandate, that have become confusing and even contradictory.Nov. 22, 2023 - venturebeat.com - VentureBeat