Following the incredible turmoil at OpenAI, the startup that released ChatGPT almost a year ago and ignited a technological arms race, the artificial intelligence landscape will never be the same. Employees and investors were taken aback when Sam Altman was fired as CEO by the OpenAI board on Friday. His departure sparked a sequence of bizarre events, as the board considered and ultimately rejected a proposal to have him return.
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The largest shareholder in the business, Microsoft, revealed on Sunday that it will appoint Altman and his co-founder, Greg Brockman, to oversee a new research facility. This move appears to be a break in the close bond between OpenAI and the tech behemoth, which contributed $13 billion to the startup.
And now for the big question! What is the hold-up with OpenAI?
Following the board’s removal of CEO Sam Altman and possible mass staff departure, some investors in OpenAI, the business behind ChatGPT, are considering taking legal action against the board, people familiar with the situation told Reuters on Monday.
Investors are studying their alternatives with the help of legal advisors, according to sources. Whether or not these investors will sue OpenAI was not immediately apparent.
Fearing a possible collapse of the hottest AI firm in the rapidly expanding generative AI space, investors are concerned that their hundreds of millions invested in OpenAI, a gem in some of their portfolios, could result in catastrophic losses.
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Furthermore, workers at OpenAI, the software company that created the popular chatbot ChatGPT, have reportedly vowed to quit collectively if the board of directors of the company does not stand down, according to reports published on November 20.
Reportedly, 505 workers informed the firm that they would be moving over to the new Microsoft AI division, according to a letter acquired by CNN. On November 17, just hours after Altman was fired by the board, Brockman resigned from OpenAI.
The CEO of Microsoft, Satya Nadella, had earlier in the day declared that Altman and Brockman would be joining the software behemoth along with their colleagues.
“We are thrilled to announce that Sam Altman, Greg Brockman, and associates will be joining Microsoft to head a new advanced artificial intelligence research team. We’re excited to act swiftly to give them the tools they require for success,”
tweeted Nadella.
The Truth Underlying
According to three people acquainted with his thinking, Ilya Sutskever, chief scientist at OpenAI and a board member, was growing more concerned that Altman was not giving enough consideration to the risk that could arise from OpenAI’s technology.
The board “halted Altman because they were concerned that he was moving too quickly to develop strong, potentially dangerous A.I. systems,” according to Kevin.
Sutskever posted on X early on Monday morning, revealing yet another twist in the story: “I deeply regret my participation in the board’s actions.” I have no intention of hurting OpenAI. I cherish all we’ve created together, and I’ll stop at nothing to bring the business back together.
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It also seems that Altman’s dismissal was influenced by OpenAI’s peculiar organizational structure. As per available sources, it is said that OpenAI is governed by a non-profit board that has the authority to choose the company’s CEO. Many of the company’s top executives, including Altman, do not hold stock in the business, and investors like Microsoft have no official means of influencing choices.
Together with nine other people, including Elon Musk, Altman, Brockman, and Sutskever founded OpenAI in 2015.
Regarding this issue, former OpenAI board member Elon Musk voiced his worries and emphasized the seriousness of the matter on Twitter. He claimed that the public should be entitled to know the reasoning behind this extreme choice, considering the serious concerns connected to developing artificial intelligence.
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On this weekend’s episode of “Hard Fork,” Casey and Kevin talked about how Altman’s reputation in Silicon Valley helped him attract a large pool of exceptional talent to OpenAI.
“With a celebrity CEO, a well-known product in ChatGPT, and an A.I. talent roster that rivaled Silicon Valley’s biggest names, the company was the hottest name in tech before Friday,” Kevin wrote.
The corporation is currently in disarray, though. Top executives have left. Spirits are broken.
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OpenAI appears to be entering a dark era as the question “What’s next?” remains unanswered. With Sam Altman is dismissed and Elon Musk had already gone, who will decide what will happen to open AI going forward? The new board will have to make that decision..!
