12 mo. ago • 94%

Microsoft joins OpenAI’s board with Sam Altman officially back as CEO

www.theverge.com Microsoft joins OpenAI’s board with Sam Altman officially back as CEO

“I have never been more excited about the future,” Altman told employees.

Technology @lemmy.world Microsoft joins OpenAI’s board with Sam Altman officially back as CEO

38 comments

I don't know how it will eventually happen, but Microsoft is going to own everything open ai someday. They are playing the long game

96
- Yeah this feels like some kind of coup
  
  42
  
  Embrace, Extend, Extinguish
  
  10
  
  My speculation is that they paid Sutskever a lot of money to go away and keep his mouth shut
  
  8
- They already do. Their licensing agreement with OpenAI is crazily favourable to them. They have basically unlimited rights to use OpenAI's tech forever, and have a claim on most of OpenAI's future profits.
  
  22
  
  right now they have a very favourable deal, but don't control the for-profit entity or the non-profit entity (officially) - which means all they can actually leverage is the tech that openai makes for their own uses.
  
  and microsoft making things often just flops hard, look at what they are doing with it, your start menu talks to you now.
  
  the goal is not to have a favourable deal, it's to grow shareholder value by owning openai in 6-7 years
  
  12
- Exactly what I was thinking.
  
  12
  
  That’s a hell of a “non-profit” to “mother of for-profit monopolists” transition. Obviously it had started years ago and this past few weeks was just the calamitous release of pent-up tension. But still, Microsoft of all companies.
  
  2
- Yeah, at this point, it feels like beating a dead horse, but somehow they're still doing Embrace-Extend-Extinguish...
  
  10
Nothing good comes from criminal billionaires like Altman or Gates.

26
- Gates did pretty well with his work against Malaria.
  
  22
  
  Yeah but I read a propaganda piece written by some dude in russia so
  
  20
- People are still blaming Gates as if he didn't retire a few years ago.
  
  Satya Nadella is currently the Microsoft CEO.
  
  8
  
  Ha! Absolutely correct and also just to drive the point home, "a few years" means 15 years.
  
  5
- So how exactly are they criminals? I must've missed their trials where they got convicted of a crime
  
  4
  
  So your definition of the word criminal only extends to people who got caught and convicted? In your definition a murderer who hasn't been caught is not a criminal?
  
  2
Goodbye clean AI

17
- Given that Google researchers recently found an insane amount of PII within GPT4, it's probably the least clean AI in big tech today...
  
  9
  
  Insane amount of what?
  
  4
  
  See if Microsoft gives a shit
  
  1
- Is there a consensus on the definition of "clean" AI?
  
  2
This is the best summary I could come up with:

Microsoft is getting a non-voting observer seat on the nonprofit board that controls OpenAI as well, the company announced on Wednesday.

“I am extremely grateful for everyone’s hard work in an unclear and unprecedented situation, and I believe our resilience and spirit set us apart in the industry.

OpenAI adding Microsoft to the board as a “non-voting observer” means that the tech giant will have more visibility into the company’s inner workings but not have an official vote in big decisions.

Microsoft is a major investor in OpenAI, with a 49 percent stake in the for-profit entity that the nonprofit board controls.

That led to a big surprise when Altman was ousted, threatening what has quickly become one of the most important partnerships in tech.

In his memo to employees, Altman said that he harbors “zero ill will” towards Ilya Sutskever, OpenAI’s co-founder and chief scientist who initially participated in the board coup and changed his mind after nearly all of the company’s employees threatened to quit if Altman didn’t come back.

The original article contains 372 words, the summary contains 172 words. Saved 54%. I'm a bot and I'm open source!

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