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Some OpenAI engineers make as much as Rs. 6.6 Cr and were key players in Sam Altman's return
Business Insider
·
1y ago
Medial
OpenAI engineers, who threatened to quit over the firing of CEO Sam Altman, are reportedly making up to $800,000 per year. The tech industry is known for high salaries, with AI engineers earning 8-12.5% more than other engineers. OpenAI engineering roles generally pay between $200,000 and $370,000, with some specialized roles offering up to $450,000. Bonuses and stock awards can further boost compensation to around $800,000. The demand for AI talent, coupled with the scarcity of skilled workers, results in companies valuing AI professionals with high salaries and influence.
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Ilya Sutskever did not attend OpenAI's party celebrating Sam Altman's return as CEO
Business Insider
·
1y ago
Medial
Ilya Sutskever, the chief scientist and co-founder of OpenAI, did not attend the impromptu party thrown by OpenAI staff to celebrate the return of Sam Altman as CEO. Sutskever was a key participant in the sudden ouster of Altman but has expressed regret for his actions. It remains uncertain if Sutskever will return to the company, as staff are unsure of his future involvement. Altman's negotiation for a possible return to OpenAI is ongoing.
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OpenAI employees reportedly celebrated Sam Altman's return with a smoke machine-filled party that triggered the fire alarm and 2 fire trucks
Business Insider
·
1y ago
Medial
OpenAI employees reportedly celebrated Sam Altman's return with a party that featured a smoke machine triggering a fire alarm and two fire trucks arriving at the headquarters in San Francisco. Despite the interruption, staff continued celebrating in the nearby courtyard. Altman's return follows a recent upheaval at OpenAI, with employees threatening to quit if he was not reinstated. The company announced changes to its board of directors alongside Altman's return.
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Sam Altman will not return to OpenAI, Twitch's Emmett Shear is interim CEO
Economic Times
·
1y ago
Medial
Sam Altman will not return as CEO of OpenAI, as per reports. Emmett Shear, co-founder of Twitch, will serve as interim CEO. Altman's discussions about potential return and improvements in governance follow his recent firing, causing concerns among employees. Altman's abrupt removal could impact OpenAI's upcoming $86 billion share sale. Microsoft, the major backer, may take a board role if Altman returns, according to reports. The exact nature of Altman's role, if any, remains undisclosed.
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In ousting CEO Sam Altman, ChatGPT loses its best fundraiser
Economic Times
·
1y ago
Medial
OpenAI's co-founder, Sam Altman, has been stripped of his CEO title and directorship due to a failure to communicate consistently. Altman, known as the face of OpenAI and a driving force behind its success, leaves the company with a significant void to fill, as he played a key role in fundraising efforts and attracting talented engineers. Altman's departure comes as OpenAI's value reaches around $80 billion. The exact reasons for his ouster have not been disclosed.
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OpenAI employees apparently call the time when Sam Altman was ousted 'The Blip'
Business Insider
·
1y ago
Medial
OpenAI employees allegedly referred to the events surrounding Sam Altman's departure as "The Blip," reminiscent of a scene from the movie "Avengers: Infinity War." Altman's reinstatement as CEO did not alleviate all employee concerns, leading some to look for jobs elsewhere. Mira Murati, OpenAI's CTO, reportedly played a role in Altman's removal, stating concerns about his management style. Further details surrounding Altman's exit and return are expected to come to light in the near future.
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Microsoft CEO Satya Nadella suggests that Sam Altman might return to OpenAI
Startup News FYI
·
1y ago
Medial
Microsoft CEO Satya Nadella stated in interviews that there is a possibility for Sam Altman, recently fired as CEO of OpenAI, to return to the company in some capacity. This comes after Altman announced his intention to join Microsoft's new AI research team. Nadella expressed openness to both options and also highlighted the need for governance changes at OpenAI. Altman's potential return may be contingent on a change in the board's composition, with only two out of three remaining members needing to agree. OpenAI employees have called for Altman's reinstatement and board resignation.
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OpenAI board misses 5 pm deadline to resign, mass exodus of employees expected
Livemint
·
1y ago
Medial
The ousted CEO of OpenAI, Sam Altman, might return to the company as the board faces pressure to reinstate him. The board had initially agreed to allow Altman's return, but this arrangement appears to have fallen through. If Altman decides to leave and start his own venture, it is expected that many OpenAI employees will follow suit. Microsoft CEO Satya Nadella has expressed support for Altman, and there has been backlash against the OpenAI board for Altman's abrupt removal. There is speculation about potential changes in the company's governance or Altman launching a new venture with former OpenAI staff.
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Emmett Shear, who ran OpenAI for 72 hours before Sam Altman's return was confirmed, says he's 'deeply pleased' about the news
Business Insider
·
1y ago
Medial
Emmett Shear, who briefly served as interim CEO of OpenAI, will step aside as Sam Altman returns to the role he was ousted from. Shear confirmed Altman's return and expressed his satisfaction with the outcome. Shear had taken on the position amidst a revolt by OpenAI employees who demanded Altman's reinstatement. Microsoft, OpenAI's largest investor, also played a role in the negotiations. A new board has been formed, including Bret Taylor, Larry Summers, and Adam D'Angelo. Shear's future involvement with OpenAI is uncertain.
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Sam Altman and Greg seen back in OpenAI headquarters
Economic Times
·
1y ago
Medial
Ousted OpenAI CEO Sam Altman and former President Greg Brockman were present at the company's San Francisco headquarters, raising discussions about Altman's potential return. Altman is considering both a return to OpenAI and launching a new AI venture. Microsoft, OpenAI's major backer, may take a board role if Altman returns. Altman's abrupt removal prompted concerns among employees about the impact on the company's upcoming $86 billion share sale. Brockman, who resigned from the board and the company, also returned to the office. The exact nature of Altman's role, if he returns, remains undisclosed.
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OpenAI CTO Mira Murati played key role in Altman's ouster: Report
Hindustan Times
·
1y ago
Medial
OpenAI CTO Mira Murati, who took over as interim CEO following Sam Altman's ouster, played a key role in the chief executive's removal, The New York Times reported. Murati questioned Altman's management in a memo to him and shared her concerns with OpenAI's board, which later ousted him. She also claimed that Altman sometimes created a toxic work environment.
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