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…

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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…

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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…

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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,…

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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…

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OpenAI Establishes Special Team to Tackle AI’s Catastrophic Risks

October 27, 2023 – OpenAI has announced on Thursday that it is in the process of assembling a new team dedicated to mitigating “catastrophic risks” associated with artificial intelligence. This team will be responsible for tracking, assessing, predicting, and safeguarding against major issues that may arise from AI. OpenAI has expressed its belief that cutting-edge…

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