🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Sam Altman Joins Microsoft

The Verge

The Verge · 1y ago

Sam Altman Joins Microsoft

Former OpenAI CEO Sam Altman, dismissed by the board due to a lack of confidence, is now joining Microsoft's new advanced AI research team alongside co-founder Greg Brockman. Despite negotiations for Altman's return to OpenAI failing, Microsoft CEO Satya Nadella announced their appointments, expressing excitement about the new AI team. OpenAI's interim CEO, Emmett Shear, replaces Mira Murati. Altman had negotiated to return as CEO, but OpenAI's board remained unchanged, prompting his move to Microsoft.

Related News

Sam Altman returns to OpenAi

Twitter · 1y ago

Sam Altman returns to OpenAi

In a recent tweet, Sam Altman, a key figure at OpenAI, expressed dedication to the organization and its mission. Despite briefly joining Microsoft, Altman emphasizes the decision's alignment with the team's best interests. With optimism surrounding a new board and support from Microsoft's Satya Nadella, Altman looks forward to rejoining OpenAI, highlighting a commitment to building upon the robust partnership with Microsoft.

Sam Altman reacts after officially returning as OpenAI CEO

Livemint

Livemint · 1y ago

Sam Altman reacts after officially returning as OpenAI CEO

Sam Altman has officially returned as CEO of OpenAI, along with Greg Brockman as president and Mira Murati as CTO. Altman expressed excitement and gratitude for the team's resilience during the uncertain period and thanked co-founder Ilya Sutskever. Microsoft, OpenAI's biggest backer, will now have a non-voting observer seat on the company's board. Altman acknowledged the successful partnership with Microsoft and expressed enthusiasm for their inclusion on the board.

‘First and the last time…’: Sam Altman's ultimatum for returning to OpenAI

Livemint

Livemint · 1y ago

‘First and the last time…’: Sam Altman's ultimatum for returning to OpenAI

Sam Altman, former CEO of OpenAI, has hinted at a strict deadline for his return to the company and the removal of its board of directors. Altman and former Chairman Greg Brockman were unexpectedly ousted during a meeting. Altman has set a deadline of 5pm Pacific Time for his return and demands the removal of the existing board members who fired him. Microsoft, which owns a 49% stake in OpenAI, may take a role on the board if Altman returns. Microsoft and CEO Satya Nadella were reportedly blindsided by OpenAI's decision to remove Altman.

Elon Musk pokes fun at Satya Nadella's message on Microsoft-OpenAI partnership

Livemint

Livemint · 1y ago

Elon Musk pokes fun at Satya Nadella's message on Microsoft-OpenAI partnership

Tesla CEO Elon Musk mocked Microsoft CEO Satya Nadella's announcement about the partnership between Microsoft and OpenAI. Nadella expressed Microsoft's commitment to the partnership and the addition of former OpenAI CEO Sam Altman and co-founder Greg Brockman to lead a new AI research team at Microsoft. Musk responded by saying, "Now they will have to use Teams!", referring to Microsoft's collaboration tool, possibly implying that OpenAI had fired Altman during a Google Meet instead of using Microsoft Teams.

Why is Microsoft supporting Sam Altman's bid to return as OpenAI CEO?

Livemint

Livemint · 1y ago

Why is Microsoft supporting Sam Altman's bid to return as OpenAI CEO?

Microsoft is actively supporting the reinstatement of Sam Altman as the CEO of OpenAI, following his sudden removal by the board. Microsoft's CEO, Satya Nadella, has pledged his support for Altman and is leading negotiations to bring him back to the company. Microsoft has a significant stake in OpenAI and has utilized their technology to improve its own products. There are ongoing discussions regarding Microsoft's potential role on the board if Altman returns as CEO. The board is currently searching for a different CEO while Altman negotiates his return.

OpenAI's Ilya Sutskever ‘deeply regrets’ his role in ouster of Sam Altman

Livemint

Livemint · 1y ago

OpenAI's Ilya Sutskever ‘deeply regrets’ his role in ouster of Sam Altman

OpenAI's chief scientist Ilya Sutskever has expressed regret for his role in the board's actions against ousted CEO Sam Altman. This comes after Microsoft CEO Satya Nadella announced that Altman and his colleagues would be joining Microsoft to lead a new AI research team, while clarifying that Microsoft would continue to support OpenAI. 505 OpenAI employees have threatened to quit if the board does not resign. Mira Murati, the company's CTO, is among the signatories of the employees' letter.

Microsoft exec Templeton joins OpenAI board after overhaul: Report

Inshorts · 1y ago

Microsoft exec Templeton joins OpenAI board after overhaul: Report

Microsoft Vice President (Tech and Research Partnerships and Operations) Dee (Deannah) Templeton has joined OpenAI's board as an observer after the board was overhauled following CEO Sam Altman's abrupt ouster and rejoining, Bloomberg reported. Templeton has already begun attending board meetings. Microsoft didn't have a seat at board of OpenAI, which it is an investor of, before the overhaul.

Microsoft ends weekend of OpenAI drama with coup of its own

Economic Times

Economic Times · 1y ago

Microsoft ends weekend of OpenAI drama with coup of its own

In a weekend full of drama, Microsoft made a move of its own by hiring Sam Altman, the ousted chief of OpenAI. Altman was abruptly fired by OpenAI's board, leading to a campaign to reinstate him. Microsoft CEO Satya Nadella recruited Altman and another OpenAI co-founder to lead a new in-house AI research unit. This move reshapes the AI landscape as OpenAI's popular ChatGPT app and Altman's role were crucial in driving AI advancements. OpenAI now faces potential employee exodus and scrutiny over its ability to monetize its AI technology.

Elon Musk adds Microsoft to lawsuit against OpenAI

Inshorts · 9m ago

Elon Musk adds Microsoft to lawsuit against OpenAI

Billionaire Elon Musk has added OpenAI-backer Microsoft to his lawsuit against the startup filed in August. The lawsuit claims Microsoft and OpenAI illegally sought to monopolise the market for generative AI. It also accuses OpenAI and CEO Sam Altman of violating its contract provisions by putting profits ahead of the public good.

Over 500 OpenAI employees threaten to quit unless board resigns

Wired · 1y ago

Over 500 OpenAI employees threaten to quit unless board resigns

Over 500 employees of OpenAI have signed an open letter threatening to resign unless the board reinstates former CEO Sam Altman. The letter accuses the board of jeopardizing the company's mission and undermining its work through the termination of Altman and another board member. OpenAI's board had previously removed Altman, citing communication issues and hindering their responsibilities. The signees, including the company's chief scientist Ilya Sutskever, express their intention to join Altman at Microsoft, which has assured positions for the OpenAI employees.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

The Palantir mafia behind Silicon ...

Sam Altman Says ChatGPT Is on Tra ...

Nikhil Kamath invests Rs 137.5 Cr ...

Download the medial app to read full posts, comements and news.