Tag Archives: Board & Management Changes

Sam Altman will not be returning to OpenAI

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Talks over reinstating co-founder and former CEO Sam Altman at OpenAI have apparently broken down. According to The Information and Bloomberg, the board has now hired Altman's fellow Twitch co-founder Emmett Shear as OpenAI's new interim CEO. This appointment was reportedly announced internally by co-founder and board director Ilya Sutskever.

According to a statement he posted on X, Shear's first moves as CEO will include hiring "an independent investigator to dig into the entire process leading up to this point and generate a full report," and to "reform the management and leadership team in light of recent departures." Shear notes that, dependent on the results of the investigation, he is willing make changes to the organization, including, if necessary, "pushing strongly for significant governance changes."

Altman was originally fired from OpenAI over "a breakdown in communication between Sam and the board," according to an oddly blunt internal staff memo published by Axios over the weekend. The news was subsequently followed by resignations from several key team members, including co-founder Greg Brockman — who was ousted as the chairman of the board — along with a few senior researchers. They may end up joining Altman in one of his rumored new ventures — to develop an AI chip to rival NVIDIA, as well as to build an AI-centric hardware in collaboration with former Apple designer, Jony Ive.

It won't be just Altman leaving either. According to a separate report from The Information, "dozens" of OpenAI employees announced internally that they'd be quitting the company as well. Over the weekend, some expressed interest in joining a potential new startup from Altman and could end up with rival companies looking to poach staff, including Google. 

On Monday morning, the majority of OpenAI's employees (originally "over 490," according to Wired, but now 505, according to journalist Kara Swisher), called on the board to resign. Signees include former interim CEO Mira Murati and chief scientist/board member Ilya Sutskever. The letter suggests the signees will leave OpenAI and join the new Microsoft subsidiary headed up by Sam Altman and Greg Brockman, unless all current members resign, the board appoints new independent directors and reinstates Altman and Brockman.

The board had allegedly considered reversing Altman's firing, though according to an earlier Bloomberg report, the ousted exec wanted the existing board to resign, and that OpenAI to issue a public apology to him. This arrangement obviously didn't take place in the end. Questions remain as to whether those who walked out with Altman will go back to OpenAI, and how this bizarre series of events will affect the development of GPT-5 plus other related projects.

Update 10:45AM ET: This article has been updated since publish to include Shear's statements about his immediate plans for OpenAI, and the letter calling for OpenAI's board to resign.

This article originally appeared on Engadget at https://www.engadget.com/sam-altman-will-not-be-returning-to-openai-062957892.html?src=rss

Sam Altman and Greg Brockman are meeting with OpenAI execs now at HQ in ongoing talks over reinstatement

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Newly ousted OpenAI CEO Sam Altman and former president Greg Brockman are meeting with executives at the company’s San Francisco headquarters now as discussions about possibly reinstating their positions continue, The Information reports. Per The Information, interim CEO Mira Murati and others have been leading the push to get Altman reinstated as CEO, and invited the two to HQ on Sunday. Altman and Brockman showed up for talks this afternoon, sources told The Information.

Around the time of the report’s publication, Altman tweeted a photo of himself wearing a guest badge for entry into the building, writing, “first and last time i ever wear one of these (sic)” — which could be interpreted several different ways, at this point. Sources told The Verge that Altman has set a 5PM PT deadline for board members to reach an agreement that could ultimately determine whether he walks away from OpenAI, or they do. 

After Altman was fired without warning on Friday, Brockman stepped down in solidarity, along with a slew of senior researchers. Other staff members have reportedly pledged to resign as well and follow the two to other projects, signaling their support on social media, according to The Verge. The state of Altman's position — and OpenAI’s future leadership — has remained up in the air this weekend as backlash against the board’s initial decision grows. On Saturday evening, The Verge broke news that the board was considering reinstating him as CEO, and had “agreed in principle” to resign if so. But, the board reportedly couldn’t make up its collective mind in time, and missed the deadline that had been set for the decision. 

According to Bloomberg, that’s at least in part because they’ve hit a brick wall in trying to agree on what the board will look and what its role will be if he’s reinstated. Altman reportedly wants the existing board gone if he’s to return, among other “governance changes” — including making former Salesforce CEO Bret Taylor a board member and possibly bringing on a Microsoft executive, Bloomberg reported, though the latter has not yet made a decision.

There has been much speculation over the reason behind Altman’s removal as CEO and from the OpenAI board of directors, which came as a surprise to Altman, staff, and investors. An internal memo sent that morning to staff and seen by Axios said that the decision to unseat Altman came as the result of “a breakdown in communication between Sam and the board.” It “was not made in response to malfeasance or anything related to our financial, business, safety, or security/privacy practices,” the memo from COO Brad Lightcap said.

Altman was fundraising for a custom AI chip project codenamed “Tigris” prior to his unexpected firing, Bloomberg reported. Per Bloomberg and The New York Times, which previously reported on his plans for other AI ventures, Altman has already pitched the idea of custom Tensor Processing Units (TPUs) that would rival NVIDIA’s to potential investors in the Middle East. He was also reportedly looking for backers to fund his hardware collaboration with former Apple designer, Jony Ive, for which he approached SoftBank founder Masayoshi Son. Sources with knowledge of the discussions told Bloomberg that Altman is trying to raise “tens of billions of dollars” to get these projects off the ground.

This article originally appeared on Engadget at https://www.engadget.com/sam-altman-and-greg-brockman-are-meeting-with-openai-execs-now-in-ongoing-talks-over-reinstatement-212124319.html?src=rss

Sam Altman was ‘shocked and saddened’ after he was fired as CEO of OpenAI

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Sam Altman and Greg Brockman were "shocked and saddened by what the board did" and are still trying to figure out what exactly happened. The former CEO and the former President of OpenAI have published a post on X, sharing the details of what they do know and how they found out the former was being fired. Apparently, company co-founder and chief scientist Ilya Sutskever invited Altman for a meeting at noon on Friday, which was then attended by the whole board except for Brockman. It was at that meeting that Altman found out he was being fired and that OpenAI was going to announce it "very soon."

Shortly after that, Sutskever reportedly invited Brockman to a separate Google Meet conference, where he was told that Altman had gotten fired and that he was being removed from the board. However, the board members told him that he was "vital to the company and would retain his role." Brockman chose to quit on his own. The two former OpenAI executives also said that the rest of the company's management team outside of interim CEO Mira Murati only found out about the board's decision after Altman was already removed from his post. "The outpouring of support has been really nice; thank you, but please don’t spend any time being concerned," their joint statement reads. "We will be fine. Greater things coming soon."

While OpenAI's c-suite shakeup might have come as a surprise to onlookers, employees were reportedly very much aware that turmoil was brewing within the organization. According to The Information, Altman's ouster followed internal arguments on whether OpenAI was developing artificial intelligence technology in a safe manner. During the all-hands meeting after Altman's firing, employees asked Sutskever if the CEO's removal was a "coup" or a "hostile takeover." That seems to imply that some personnel were wondering whether the organization's leadership removed Altman because he was was commercializing OpenAI's technology too quickly at the expense of potential safety concerns. 

Bloomberg says Altman and Sutskever were the two people within the organization who butted heads the most when it came to the speed of development and the company's commercialization. Sutskever is one of the two employees leading a team within OpenAI that's dedicated to preventing its technologies from going rogue. He and his allies within the company may also have been put off by Altman raising funds using OpenAI's name, Bloomberg continues. The former CEO had huge ambitions for OpenAI, and the news organization says he was looking to secure funding worth tens of millions of dollars from Middle Eastern sovereign wealth funds in order to develop AI chips that can compete with NVIDIA processors. 

The well-sourced journalist and podcast host Kara Swisher posted similar information on X. She said employees felt that "the profit direction of the company under Altman and the speed of development" were at odds with the "nonprofit side dedicated to more safety and caution." Swisher also said she expects more major departures of "top folks" at OpenAI. The Information reported afterward that three senior researchers have left the company: Jakub Pachocki, OpenAI's director of research, Aleksander Madry, who headed a team evaluating potential risks from AI, and Szymon Sidor, who'd been with the organization for seven years. 

These concerns over the safety of AI development within the organization didn't pop up overnight, however. OpenAI has been grappling with the issue from the beginning, and it's the reason why a group of employees left in 2020 to form their own startup that became known as Anthropic. Still, investors were blindsided by Altman's firing, Forbes reports. Even Microsoft, which pledged to invest $10 billion into the organization over the next few years, reportedly learned about his removal a minute before the announcement went out. 

Update, November 18, 2023, 1:40AM ET: This story has been updated to include additional details from Bloomberg's report.

Update, November 18, 2023, 3:04AM ET: Added information about the three senior researchers who left the company.

This article originally appeared on Engadget at https://www.engadget.com/sam-altman-was-shocked-and-saddened-by-openais-decision-to-fire-him-051538582.html?src=rss

OpenAI fires CEO Sam Altman as ‘board no longer has confidence’ in his leadership

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In a surprise shakeup of its c-suite Friday, OpenAI's board of directors announced that CEO Sam Altman has been fired and will be leaving both the company and the board, effective immediately. Chief Technology Officer Mira Murati has been named interim CEO.

Altman's oustering reportedly follows an internal "deliberative review process" which found he had not been "consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," the company announced. As such, "the board no longer has confidence in his ability to continue leading OpenAI."

OpenAI, which owns popular AI chatbot ChatGPT, thanked Altman for his "many contributions to the founding and growth of OpenAI," but believes that "as the leader of the company’s research, product, and safety functions, Mira is exceptionally qualified to step into the role of interim CEO." The board added it has "the utmost confidence in her ability to lead OpenAI during this transition period.”

OpenAI's board is comprised of the company's Chief Scientist Ilya Sutskever, as well as Chairman and President Greg Brockman. Independent advisors, who hold no equity in the company, are also board members: Quora CEO Adam D’Angelo, tech entrepreneur Tasha McCauley and privacy advocate Helen Toner of the Georgetown Center for Security and Emerging Technology. Altman was also considered an independent advisor on the board, despite being CEO of the company prior to his departure.

Altman's personal profile has grown alongside the meteoric rise of generative AI technologies over the past year, making him something of the unofficial face for both OpenAI and the burgeoning industry as a whole. Previously the president of Y Combinator, Altman has appeared before Congressional panels and committees, attended Senate AI Insight forums and made numerous rounds at industry conferences.

The suddenness of Friday's announcement is certainly surprising given how steadily, and heavily, Altman has been promoting his company and its products in the days leading up to his termination.

Just last week, Altman took the stage at OpenAI's 2023 DevDay to announce a faster and more responsive GPT-4 Turbo platform as well as smaller, application-specific models simply dubbed GPTs. On Thursday Altman attended the Asia-Pacific Economic Cooperation CEO Summit in San Francisco. "Something has qualitatively changed,” he said during the event. “Now I can talk to this thing. It’s like the ‘Star Trek’ computer I was always promised… I think a lot of the world has collectively gone through a lurch this year to catch up.” 

Altman and Murati aren't the only ones caught in this shuffle. Brockman was also notified that he would have to step down from his role as board President, however, "based on today's news, I quit," he wrote to OpenAI employees in a company-wide email Friday.

Microsoft, which signed a "multibillion-dollar" partnership extension with OpenAI in January, was down in market trading Friday afternoon. Despite the stock price hit, Microsoft will maintain its existing partnership with OpenAI, a company spokesperson told Engadget via email. “We have a long-term partnership with OpenAI and Microsoft remains committed to Mira and their team as we bring this next era of AI to our customers.” the spokesperson said. However, according to an report by The Information, few people within the Microsoft organization were warned of Altman's sacking prior to the public news release, including teams tasked with developing products based on OpenAI tech. 

The software giant's stance isn't surprising given the reported details of its $10 billion investment this past January, which bumped OpenAI's valuation to $23 billion. Microsoft will reportedly receive a lion's share of OpenAI's profits, some 75 percent, until that investment has been repaid, whereupon that figure will reportedly drop to 49 percent.

"We have a long-term agreement with OpenAI with full access to everything we need to deliver on our innovation agenda and an exciting product roadmap; and remain committed to our partnership, and to Mira and the team," Microsoft CEO Satya Nadella said in a prepared statement Friday. "Together, we will continue to deliver the meaningful benefits of this technology to the world."

Altman co-founded OpenAI with Elon Musk in 2015 as a nonprofit and has served as the CEO for the for-profit arm since 2019. The release of the company's ultra-popular ChatGPT conversational AI last November is credited with kickstarting the generative AI boom. 

The system, originally built atop the GPT-3.5 platform, initially enabled users to converse with a digital agent — one more capable than the previous generation of Siri, Alexa and Assistant — using natural language. Those capabilities quickly expanded to include myriad languages and modalities, as well as the ability to output programming code and control remote processes and devices through API access.

This article originally appeared on Engadget at https://www.engadget.com/openai-ceo-sam-altman-ousted-as-board-no-longer-has-confidence-in-his-leadership-204924006.html?src=rss

Unity CEO John Riccitiello stepping down, effective immediately

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Unity game developer said that John Riccitiello will step down as president and CEO of the company after nine years in leadership, effective immediately. James Whitehurst, who previously served as senior advisor and president at IBM, will fill in as interim CEO. The leadership transition comes during a turbulent time for the company.

Just a month ago, Unity rolled out some significant concessions to its developer pricing model after widespread backlash over its plan to charge developers for game installations. The move will directly impact developers, publishers and distributors. The upheaval of Unity’s business model came at the same time as a series of massive layoffs. In 2023, the company reduced its headcount three times in an attempt to cut costs.

Despite the recent controversy, Unity said it expects third-quarter revenue to fall somewhere between $540 million to $550 million, which is up 67 to 70 percent from last year.

This article originally appeared on Engadget at https://www.engadget.com/unity-ceo-john-riccitiello-stepping-down-effective-immediately-231422660.html?src=rss

Ex-Microsoft exec Panos Panay is confirmed as the new head of Amazon’s devices team

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Former Microsoft executive Panos Panay will be taking over as the head of Amazon’s Devices and Services (D&S) division, the company confirmed. He'll start his new role at the end of October, CEO Andy Jassy said.

"As a strong product builder and inventor who has deep experience in both hardware and integrated services, Panos will be a great addition to our D&S organization moving forward," Jassy wrote in a memo. "I remain quite excited about the invention happening and businesses that we’re building in D&S, and look forward to working with Panos."

It emerged last week that Panay was leaving Microsoft after a 19-year run, most recently as the chief product officer, where he oversaw Surface devices and Windows 11 development. Rumors quickly suggested that Panay would move to Amazon to lead the Alexa and Echo teams.

Panay will be taking over from outgoing D&S head Dave Limp, and the pair will work together for a couple of months to make the transition a smooth one. Limp also has a new job. He is leaving Amazon to become the CEO of Jeff Bezos' space company Blue Origin. 

This article originally appeared on Engadget at https://www.engadget.com/ex-microsoft-exec-panos-panay-is-confirmed-as-the-new-head-of-amazons-devices-team-154233605.html?src=rss

Dave Limp will lead Jeff Bezos’ Blue Origin after ‘retiring’ from Amazon

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Reports of David Limp's retirement have been greatly exaggerated. The former SVP of Devices and Services announced last week at Amazon's 2023 Devices Event that he would be stepping down from the role he had held for more than a decade. By Monday, however, Limp had reportedly been tapped by Jeff Bezos to take over for current Blue Origin CEO, Bob Smith, who is retiring at the start of December.

MSNBC reports that Smith will stick around until January 2, 2024 to assist with the transition. Bezos sent the following announcement to the Blue Origin's workforce on Monday: 

I’m excited to share that Dave Limp will join Blue starting December 4th as CEO, replacing Bob, who has elected to step aside on January 2. The overlap is purposeful to ensure a smooth transition.

Before I provide some background on Dave, I’d like to take the time to recognize Bob and the significant growth and transformation we’ve experienced during his tenure. Under Bob’s leadership, Blue has grown to several billion dollars in sales orders, with a substantial backlog for our vehicles and engines. Our team has increased from 850 people when Bob joined to more than 10,000 today. We’ve expanded from one office in Kent to building a launch pad at LC-36 and five million square feet of facilities across seven states.

Our mission has grown too – we’ve flown 31 people above the Kármán Line, almost five percent of all the people who have been to space. Flight-qualified BE-4 engines are ready to boost Vulcan into orbit. New Glenn is nearing launch next year, and, with our recent NASA contract, we will land Americans back on the Moon, this time to stay. We have also engaged and inspired millions of children and educators through our Club for the Future efforts. We’ve made tremendous progress in building a road to space for the benefit of Earth, thanks to each of you and Bob’s leadership.

I’ve worked closely with Dave for many years. He is the right leader at the right time for Blue. Dave joins us after almost 14 years at Amazon, where he most recently served as senior vice president of Amazon Devices and Services, leading Kuiper, Kindle, Alexa, Zoox, and many other businesses. Before Amazon, Dave had roles at other high-tech companies, including Palm and Apple. Dave is a proven innovator with a customer-first mindset and extensive experience leading and scaling large, complex organizations. Dave has an outstanding sense of urgency, brings energy to everything, and helps teams move very fast.

Please join me in welcoming Dave and thanking Bob. Through this transition, I know we’ll remain focused on our customer commitments, production schedules, and executing with speed and operational excellence. I look forward to the many exciting and historic milestones ahead of us!

Jeff    

MSNBC obtained Limp's welcome as well:

Team Blue,

It’s been about six years since I joined Blue Origin. During that time, our team, facilities, and sales orders have grown dramatically, and we’ve made significant contributions to the history of spaceflight.

With pride and satisfaction in all that we’ve accomplished, I’m announcing that effective December 4, I will be stepping aside as Chief Executive Officer of Blue Origin. I will remain with Blue until January 2 to ensure a smooth transition with the new CEO.

It has been my privilege to be part of this great team, and I am confident that Blue Origin’s greatest achievements are still ahead of us. We’ve rapidly scaled this company from its prototyping and research roots to a large, prominent space business. We have the right strategy. a supremely talented team, a robust customer base, and some of the most technically ambitious and exciting projects in the entire industry. We also have a team that cares deeply about its mission, legacy, and how we contribute to the next generation and bring everyone into a brighter future.

Jeff and I have been discussing my plan for months, and Jeff will announce Blue’s new CEO in a separate note shortly. I’m very excited about the operational excellence and culture of innovation this new leader will bring to Blue. building on the foundation we’ve created over the past few years.

I’m committed to ensuring this transition is flawless, and everyone should know that Ill always be on Team Blue.

Gradatim Ferociter.

Bob Smith

Amazon has not officially named its successor for Limp, though Microsoft's product chief, Panos Panay — who also just so happened to leave the role he held for two decades last week — has been rumored as a leading choice for that position.

This article originally appeared on Engadget at https://www.engadget.com/dave-limp-will-lead-jeff-bezos-blue-origin-after-retiring-from-amazon-212411125.html?src=rss

PlatinumGames co-founder Hideki Kamiya is leaving the studio

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Bayonetta director Hideki Kamiya is leaving PlatinumGames, after helping to found the company back in 2006 when it was called Seeds Inc. Kamiya was recently promoted to VP, so this move comes as a slight surprise. He recently said on social media that it was "by no means an easy decision to make."

Kamiya still has a couple of weeks on his post, as he officially exits the company on October 12. As for the why of it all, he wrote that the move “came after a lot of consideration based on my own beliefs," but didn't offer further explanation. He says he’s still going to make games in his “Hideki Kamiya way”, but hasn’t announced if he’s heading to another company, starting his own or even just planning to tinker away in a garage somewhere. He’s only 52, so a complete retirement is highly unlikely.

Kamiya’s mark on gaming is massive. Most recently, he was the supervising director of the critically-acclaimed Bayonetta 3. During his more than 15 years at PlatinumGames, Kamiya worked on classics like the original Bayonetta, the Wii U and Switch cult hit The Wonderful 101 and the action-heavy Astral Chain, among others. He was staffed at Capcom and its spin-off studio Clover before founding PlatinumGames, helming Resident Evil 2, Viewtiful Joe and Ōkami.

Kamiya has been hard at work these past few years on a superhero title internally referred to as Project GG. He was lead director on the “heroic” game and the company has marketed it as a conclusion to his superhero trilogy, joining Viewtiful Joe and the Wonderful 101. PlatinumGames hasn’t announced if the game’s still coming or if it will poof into vaporware with Kamiya’s departure.

This article originally appeared on Engadget at https://www.engadget.com/platinumgames-co-founder-hideki-kamiya-is-leaving-the-studio-154529517.html?src=rss

An NYPD security robot will be patrolling the Times Square subway station

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The New York Police Department (NYPD) is implementing a new security measure at the Times Square subway station. It's deploying a security robot to patrol the premises, which authorities say is meant to "keep you safe." We're not talking about a RoboCop-like machine or any human-like biped robot — the K5, which was made by California-based company Knightscope, looks like a massive version of R2-D2. Albert Fox Cahn, the executive director of privacy rights group Surveillance Technology Oversight Project, has a less flattering description for it, though: He told The New York Times that it's like a "trash can on wheels."

K5 weighs 420 pounds and is equipped with four cameras that can record video but not audio. As you can guess from the image above, the machine also doesn't come with arms — it didn't quite ignore Mayor Eric Adams' attempt at making a heart. The robot will patrol the station from midnight until 6AM throughout its trial run that's scheduled to run over the next two months. But K5 won't be doing full patrols for a while, since it's spending its first two weeks mapping out the station and roaming only the main areas and not the platforms. 

It's not quite clear if NYPD's machine will be livestreaming its camera footage, and if law enforcement will be keeping an eye on what it captures. Adams said during the event introducing the robot that it will "record video that can be reviewed in case of an emergency or a crime." It apparently won't be using facial recognition, though Cahn is concerned that the technology could eventually be incorporated into the machine. 

Obviously, K5 doesn't have the capability to respond to actual emergencies in the station and can't physically or verbally apprehend suspects. The only real-time help it can provide people is to connect them to a live person to report an incident or to ask questions, provided they're able to press a button on the robot. 

New York City is leasing K5 for around $9 an hour for the next two months. The mayor sounds convinced that's worth what the robot can do even though, as The Times notes, he recently ordered several agencies to reduce spending by 15 percent. "This is below minimum wage," he said. "No bathroom breaks, no meal breaks." Adams has a history of supporting the use of machines as police tools. Earlier this year, the mayor also announced that the NYPD will acquire two Digidog robots for $750,000 each for use in hostage and other critical situations. That's quite a reversal from the NYPD's decision in 2021 to cancel its lease on what was then known as Boston Dynamics' Spot after facing strong public backlash.

This article originally appeared on Engadget at https://www.engadget.com/an-nypd-security-robot-will-be-patrolling-the-times-square-subway-station-130029937.html?src=rss

Microsoft’s Panos Panay leaves company after nearly 20 years

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Panos Panay is leaving Microsoft after 19 years with the company, as confirmed via an official tweet. He’s been operating as the chief product officer with Microsoft, heading up Windows 11 development and the company’s Surface line. Rajesh Jha, Microsoft’s vice president of experience and devices, broke the news in an email to employees, as reported by The Verge.

Panay was hired on by Microsoft back in 2004 as a group program manager, overseeing a number of premium products. After heading the development of the initial Surface line of tablets and hybrid laptops, he was named the company’s chief product officer in 2018. His rise continued in 2021 when he was promoted to executive vice president after a successful Windows 11 launch, eventually becoming involved in a leadership team that directly advised CEO Satya Nadella.

There’s been no actual reason given by either party, but Panay says he has “decided to turn the page and write the next chapter.” The timing here is a bit suspicious, as Microsoft’s conducting a livestream event on Thursday that will almost certainly be dedicated to new Surface products. We reached out to the company for clarification as to why Panay left his position and what that means moving forward. We’ll update this post when we hear more.

As for what’s next, Microsoft has already said that Yusuf Mehdi, Microsoft’s current corporate vice president of modern life, search and devices, will take Panay’s place as the head of the Windows and Surface divisions. The company also still seems committed to two areas of the business that Panay consistently championed: integrating AI into Windows 11 and mixed-reality. Microsoft CEO Satya Nadella said in a statement released to TechCrunch that the company remains “steadfast and convicted in our strategy.” We’ll have to see how this unfolds Thursday during Microsoft’s Surface-centric event.

This article originally appeared on Engadget at https://www.engadget.com/microsofts-panos-panay-leaves-company-after-nearly-20-years-153513258.html?src=rss