Techworm

-
‍‍‍‍‍ from Gadgets 360 https://ift.tt/g7yLC2p
Post a Comment

Sam Altman, OpenAI restart negotiations for his return as CEO

-

Sam Altman the ousted CEO of OpenAI, members of the OpenAI board, and the current interim CEO, Emmett Shear, have restarted their discussions for a possible reinstatement at the AI studio, as per a report by Bloomberg.

As per the report, sources, requesting anonymity due to the private nature of the discussions, reveal that negotiations are currently taking place between Altman, CEO Emmett Shear, and at least one board member, Adam D’Angelo. The discussions also involve key investors of OpenAI. Most people attending the meeting are advocating for the reinstatement of Altman.

According to one insider, if Altman were to return, it would likely be in the capacity of the CEO. Another scenario being considered involves Altman becoming a director on a transitional board. Additionally, discussions include the potential appointment of former Salesforce Inc. co-CEO Bret Taylor as a director on the new board.

The fact that the board and Altman are now in communication marks a significant development, especially considering the prior reluctance of the directors to engage with Altman of Brockman for that matter.

Among the shareholders pushing for Altman’s return are prominent names such as Thrive Capital, Khosla Ventures, and Tiger Global Management, according to individuals familiar with the matter. The venture capital firm Sequoia Capital is reportedly also backing Altman’s reinstatement.

On Monday, OpenAI’s Vice President of Global Affairs, Anna Makanju, sent a memo to the company’s staff, revealing that the company had been engaged in “intense discussions” with the board, Altman, and Shear to bring about unity within the organization. This communication followed a threat from the majority of employees to resign if Altman’s reinstatement and other demands were not met. About 500 of OpenAI’s 700-strong workforce have indicated that they are likely to follow Altman to his new venture if he is not reinstated.

Efforts are underway to resolve the leadership turmoil at OpenAI before Thanksgiving, with the aim of providing employees with clarity about the state of their jobs during the holiday season, according to an insider.



from Firstpost Tech Latest News https://ift.tt/3kDEAJc

Comments

Post a Comment

Popular posts from this blog

Jeep Compass 2021 facelift with revised interiors unveiled in India ahead of February launch

-
Image
Jeep has unveiled the facelifted Jeep Compass in India, ahead of its launch in the next month. The Compass was Jeep's first product for India, having launched in 2017 and was the first premium C-segment SUV. The facelift comes with many new competitors having entered the segment since. This is also the first of four new Jeep SUVs coming in the next two years. These will be a three-row derivative of the Compass and CKD versions of the Wrangler 4x4 and the upcoming new-gen Grand Cherokee. The big news with this update to the Compass is the heavily revised interior. The dash now features a more contemporary layout with horizontal elements and a stepped central ridge. The new design is meant to add spaciousness and improve practicality, while new materials, textured surfaces and upholstery have been added for a more premium feel. The centre console is fully new, incorporating a floating 10.1-inch Uconnect 5 infotainment system. There is new switchgear and new controls for the climate
Read more

Apple pays Russia a fine of $13.7 million, imposed for abusing its dominant position on the App Store

-
Apple has settled a Russian fine of 1.2 billion roubles ($13.65 million), according to Russia’s FAS antitrust agency. The fine was imposed due to allegations of Apple abusing its dominant market position in relation to in-app payments, as per a report by Reuters. Apple had previously expressed a “respectful disagreement” with the FAS ruling, contending that the distribution of apps through its iOS operating system did not unfairly favour its products. Russia’s anti-monopoly watchdog, FAS, announced on Monday that it received the payment following a November ruling. The ruling found Apple guilty of preventing app developers from informing customers that they could make purchases outside of the App Store. The payment will contribute directly to the Russian budget, supporting the government’s financial needs amid increased defense spending related to the conflict in Ukraine. This dispute between Apple and Russia’s competition regulator predates the invasion of Ukraine in February 2022
Read more

Layoffs continue at Amazon, tech giant terminates over 180 people from gaming division

-
E-commerce giant Amazon continues to face issues with its staff for months as it continues to lay off people. Just days after Amazon laid off people from a different team, the internet giant’s gaming division is undergoing a significant restructuring, resulting in the elimination of 180 jobs and the closure of two business units. The company is shutting down the Crown Channel, a platform on its live streaming site Twitch that featured gaming celebrities providing variety-show entertainment. Additionally, the Game Growth unit, which assisted creators in promoting their gaming titles, is also being shuttered. The decision to streamline operations is part of Amazon’s strategic shift towards concentrating on game development and distribution through its Prime subscription service, say sources close to the management. Christoph Hartmann, Amazon’s Vice President of Games, outlined the changes in a memo to the staff, emphasising the company’s commitment to meeting customer preferences. “We
Read more