OpenAI
Managing Expectations: OpenAI’s Cautionary Note on AI Business Transformations
December 05, 2023 – OpenAI’s Cautionary Note on Rapid Business Transformation with AI While OpenAI is actively working towards expanding its enterprise user base, some of the company’s top executives are cautioning against expecting rapid, transformative changes in their businesses through this technology. In an interview with CNBC, OpenAI’s Chief Operating Officer, Brad Lightcap, emphasized…
Altman’s Potential Windfall: OpenAI’s AI Chip Deal with Rain AI
December 04, 2023 – Despite the recent turmoil surrounding Sam Altman, including his dismissal and subsequent reinstatement, it appears that he stands to profit even if OpenAI continues developing ChatGPT without him. This potential windfall is tied to an agreement that OpenAI entered into while Altman was CEO. The company signed a letter of intent…
OpenAI’s Employee Stock Sale Plan: A December Update
December 01, 2023 – OpenAI, the artificial intelligence startup, is reportedly sticking to its plan to allow employees to sell their company shares through a “tender offer,” granting them an additional month to consider selling their holdings, according to multiple sources. Insiders had previously revealed that OpenAI has been in negotiations with investors regarding the…
OpenAI Announces Sam Altman’s Return as CEO in Landmark Agreement
November 30, 2023 – OpenAI officially welcomes back Sam Altman as its Chief Executive Officer (CEO). The company announced the completion of the agreement that marks Altman’s return. Concurrently, Microsoft revealed its acquisition of a non-voting observer seat on the non-profit board governing OpenAI. In a memorandum shared with staff, Altman expressed unprecedented excitement about…
Turmoil and Turnaround: OpenAI’s Sudden CEO Shift and Board Restructuring
November 29, 2023 – Insider sources have informed Reuters that OpenAI, currently undergoing a restructuring phase, is not expected to extend board seats to other investors such as Microsoft, Khosla Ventures, and Thrive Capital. It’s noteworthy that Microsoft stands as OpenAI’s largest supporter, having previously committed billions of dollars in investments to the company. Amidst…
Employee Exodus: Over 96% of OpenAI Workforce Stands Firm Against Altman’s Dismissal
November 21, 2023 – The recent upheaval within the OpenAI board, resulting in the removal of ChatGPT founder Sam Altman, is far from reaching a resolution. In other words, the situation is still in flux. As of now, a total of 743 OpenAI employees have signed a joint letter, explicitly stating that the board’s actions…
Microsoft Welcomes OpenAI Visionaries Sam Altman and Greg Brockman
November 20, 2023 – Microsoft CEO Satya Nadella has recently disclosed that OpenAI founders Sam Altman and Greg Brockman are set to join the Microsoft team. We remain dedicated to maintaining a collaborative relationship with OpenAI and are confident in our product roadmap, the innovation pledged at Microsoft Ignite, and our continued ability to support…
OpenAI CEO Halts ChatGPT Plus Registrations Amidst Unprecedented Demand Surge
November 15, 2023 – In a recent announcement on the X platform, Sam Altman, the CEO of OpenAI, revealed the decision to temporarily halt new user registrations for ChatGPT Plus. Altman cited an overwhelming surge in usage beyond their capacity, emphasizing the company’s commitment to ensuring a positive experience for all users. According to a…
OpenAI’s Bold Move: Collaborating with Organizations to Shape AI’s Future
**November 10, 2023 –** OpenAI has recently announced a groundbreaking initiative to collaborate with organizations in generating public and private datasets for training AI models. This data partnership aims to “enable more organizations to contribute to shaping the future of AI” and to “benefit from more impactful models.” According to a blog post by OpenAI,…
OpenAI Unveils “Copyright Shield” to Protect Users from Copyright Concerns
November 07, 2023 – OpenAI Unveils “Copyright Shield” at First Developer Conference At today’s inaugural OpenAI Developer Conference, OpenAI introduced a new feature called “Copyright Shield,” aimed at alleviating concerns regarding potential copyright infringement associated with AI-generated content. OpenAI states that if users face “copyright infringement” claims related to AI-generated content and are legally compelled…