OpenAI

what OpenAI, Anthropic, DeepMind have all tried to do is raise billions & tap vast GPU resources of tech giants without having the resulting tech de facto controlled by them. I'm arguing the OpenAI fracas show that might be impossible.

the fact that Sam had no equity was a red flag whether or not you like him — the governance structure of OpenAI has always been fishy

weirdly my main reaction is gratitude to the OpenAI founders for actually creating a governance structure that committed them to sacrifice profits if the mission required it. no idea if that's what happened here, but at least we know the commitment had teeth. Show more

We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details. Thank you so much for your patience through this.

In an interview with Forbes in January, D’Angelo argued that one of OpenAI’s strengths was its capped-profit business structure and nonprofit control. “There’s no outcome where this organization is one of the big five technology companies,” D’Angelo said. “This is something that’s fundamentally different, and my hope is that we can do a lot more go... See more

Altman said there had been “a brutal crunch” all year due to supply shortages of Nvidia’s $40,000-a-piece chips. He said his company had received H100s, and was expecting more soon, adding that “next year looks already like it’s going to be better.”

However, as other players such as Google, Microsoft, AMD and Intel prepare to release rival AI chips,... See more

"According to people familiar with the board's thinking, members had grown so untrusting of Altman that they felt it necessary to double-check nearly everything he told them," the WSJ report said. The sources said it wasn't a single incident that led to the firing, "but a consistent, slow erosion of trust over time that made them increasingly uneas... See more