It was obvious the fallout from Friday's surprise sacking of Sam Altman wasn't remotely done, the big question was where he was going to land. I didn't think he was likely to begin a new startup because the length of time for one to become productive and competitive is too long, and the 'making a new AI chip' also has too long a payoff. Much more likely for him to land with another AI company.
And it turns out said AI company is Microsoft, a heavy investor in his former gig, OpenAI.
Altman will be heading up a
"new advanced AI research team". And basically MS extended an open letter for anyone from OpenAI to join Sam in this new division - more on this. It seems to me that this will invite lawsuits from OpenAI about poaching talent, but they're kind doomed to fail. OpenAI has absolutely destroyed their market value with firing Altman, now might be a good time to short their stock as it's going to plumet.
https://techcrunch.com/2023/11/20/openai-co-founders-sam-altman-and-greg-brockman-to-join-microsoft/Over 600 employees signed an open letter to the OpenAI board saying that if the ENTIRE board doesn't resign over the firing of Altman, THEY would resign. With Microsoft having picked up Altman, along with his co-founding buddy and perhaps everyone who resigned from OpenAI along with him, it looks like a pretty easy move for most people.
Over the weekend, "dozens" of OpenAI employees tweeted "OpenAI is nothing without its people". I look at it this way: OpenAI will be able to save a lot of money by right-sizing their office space needs and selling a lot of empty desks!
Now, here's the kicker:
“The process through which you terminated Sam Altman and removed Greg Brockman from the board has jeopardized all of this work and undermined our mission and company,” the letter reads. “Your conduct has made it clear you did not have the competence to oversee OpenAI.”
Remarkably, the letter’s signees include Ilya Sutskever, the company’s chief scientist and a member of its board, who has been blamed for coordinating the boardroom coup against Altman in the first place.
Shortly before the letter was released, Sutskever posted on X: “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.” (emphasis mine)
It would appear that Sutskever seems to be having some second thoughts at seeing the potential looming collapse of OpenAI due to his and the board's actions.
Some more OpenAI follies: the board appointed
Mira Murati, OpenAI’s chief technology officer ... as interim CEO. then after Altman et al was announced as joining Microsoft,
"OpenAI’s board chose to remove Murati and appoint another interim CEO, Emmett Shear, the former CEO of Twitch, the video game streaming site."Let's take a moment to process this. You fire the co-founder of the most recognizable AI company in the world. You replace him with your CTO for the interim CEO. Okay, I can dig that, at least Mira is probably a technologist, kinda goes with the title. And Mira probably hasn't had a chance to move into the new office and is yanked for THE FORMER CEO OF A VIDEO GAME STREAMING SITE?! As they say on Sesame Street (or used to, I haven't seen it in eons), 'One of these things is not like the other, one of these things just doesn't belong'.
I can just picture the board room discussion. 'Yeah, I know this dude who's looking for work right now, he'd be just perfect! He was the boss of this big rockin' company!'
Shear, according to his Wikipedia page, has zero background in data science or AI. He's a financial wonk from Yale.
Let's look at one last thing. Let's suppose those "over 600" OpenAI employees walk over to Microsoft.
OpenAI has 770 employees.
This is going to be a tremendous boon to Microsoft's AI development, they also have ties to chip makers, so Sam can pursue both sides.
https://www.wired.com/story/openai-staff-walk-protest-sam-altman/