In a stunning reversal, OpenAI announced on Tuesday at 10:03 p.m. Pacific Time that Sam Altman, the former CEO who was fired from the company just five days prior, will return to his previous role. In addition, a new initial board has been introduced, signaling a major organizational shift.
The unexpected turn of events was disclosed on OpenAI’s official Twitter account, marking the close of a…
Nvidia reports record Q3 results driven by surging demand for AI
November 23, 2023
Nvidia reported record revenue today for its third fiscal quarter of fiscal 2024 (ending October 31, 2023), beating Wall Street’s expectations.
The graphics processing unit (GPU) and AI chip company reported record Q3 revenue of $18.2 billion, up 206% year-over-year and…
Nvidia is working with Roche Group’s Genentech to help the company pioneer the use of generative AI in drug discovery. The companies today announced a multi-year strategic collaboration that will see Genentech combine its own models and datasets with Nvidia’s AI…
Anthropic seizes the moment, unveiling Claude 2.1 as OpenAI implodes
November 22, 2023
As OpenAI, the leading artificial intelligence (AI) startup, faces an uncertain future following the surprise ouster of its CEO Sam Altman, competitor Anthropic is seizing the moment to release its own updated large language model (LLM), Claude 2.1.
The launch allows Anthropic to present itself as a stable alternative and take advantage of the turmoil surrounding industry leader OpenAI.
OpenAI…
AI21, a company that competes with OpenAI to serve enterprise companies with generative AI systems, has chosen an opportune time to announce more funding.
While competitor OpenAI is reeling from internal chaos and revolt, and may fall apart after the majority of its…
This morning, Microsoft made the surprise move of hiring Sam Altman and Greg Brockman, the former CEO and President of OpenAI, respectively. This strategic decision appears to be Microsoft’s attempt to salvage what it can from the chaos that engulfed the leading AI…
‘Not consistently candid’: The cryptic phrase that ended Sam Altman’s tenure at OpenAI
November 21, 2023
It was a bombshell that rocked the tech world. Sam Altman, the CEO of OpenAI, the most prestigious and visionary AI startup on the planet, was sacked by the board on Friday. And he wasn’t the only one. Greg Brockman, the organization’s president, was also ousted. It was a swift and unexpected move, one that raised many questions and doubts.
But the explanation that the board gave for their…
Emmett Shear, the recently appointed CEO of OpenAI, is a relatively well-known figure in Silicon Valley. Former CEO and cofounder of the live-streaming platform Twitch, Shear was named as the next CEO of OpenAI after Sam Altman was fired by the board. However, a history of…
Understanding OpenAI CEO Emmett Shear’s Twitch roots
November 21, 2023
Former Twitch CEO and cofounder Emmett Shear has been named the interim CEO of OpenAI following the board ousting Sam Altman on Friday. Shear stepped down from Twitch in March 2023 after 16 years at the games livestreaming service.
Altman appears to have been outed by…
The leadership drama unfolding at OpenAI underscores how important it is to have security built into the company’s GPT model creation process.
The drastic action by the OpenAI board Friday to fire CEO Sam Altman led to the reported possible departure of senior architects responsible for AI security, which heightens concerns by potential enterprise users of GPT models about their risks.
Security…
