In just a few days, OpenAI has gone from being the king of artificial intelligence to being thrown into chaos.
Less than 20 minutes ago
Updated just now
Late on Tuesday evening, Reuters reports that there is a very bad mood among investors in OpenAI – the giant within artificial intelligence artificial intelligenceAI stands for artificial intelligence, and in short is when a computer is able to make choices, learn and solve problems that normally require human intelligence. ChatGPT is an example of an AI program that is largely able to answer questions asked by users independently and comprehensively. which is behind the popular AI chatbot service ChatGPT ChatGPT Free and popular service based on artificial intelligence (AI). ChatGPT is largely able to answer questions asked by users independently and comprehensively. and the image generator Dall-E.
According to sources the news agency has spoken to, several investors are now considering suing the board of the company
It happens after the founder of OpenAI, Sam Altman, was fired by the board on Friday.
The firing of Altman has thrown the company into chaos.
– They were worth 86 billion on Friday. That is as much as three times DNB. Almost as much as Equinor. If it turns out as it looks now, then the company is as good as worthless, says director of investment in the Nordea funds Robert Næss to VG.
– Not consistently honest
The board of OpenAI justified the dismissal by saying that he was not “honest” in his communication with them.
– Altman’s resignation comes after a thorough assessment where the board has concluded that he was not consistently honest in his communication with the board, which has hindered the board’s work, OpenAI wrote in a press release on Friday evening.
Chairman and co-founder Greg Brockman left the same day due to Altman’s firing. In a post on X, he writes that he is proud of everything the company has achieved.
– But after today’s news, I’m quitting.
Comment: Could AI have become too dangerous?
Now Altman and Brockman have found their way to Microsoft. The tech giant has invested over $13 billion in OpenAI, according to the New York Times.
– We are still committed to our partnership with OpenAI, writes CEO of Microsoft, Satya Nadella on X.
In the same post, he welcomes the duo Brockman and Altman into the heat.
– And we are extremely pleased to share the news that Sam Altman and Greg Brockman, along with colleagues, will be joining Microsoft to lead a new advanced AI research team.
Employees are threatening to leave
Investment director Robert Næss says that the firing of Altman is bad news for OpenAI and good news for Microsoft.
On Monday, the company had a record high value on the stock exchange.
– You say that you don’t want Haaland on the team anymore, he says about the Altman firing.
But OpenAI didn’t just lose their Haaland: Now they risk losing the entire starting eleven. On Monday, over 700 of the company’s approximately 770 employees signed a letter demanding the board’s resignation. At the same time, they threaten to change pastures to Altman’s new employer – if he does not return to OpenAI.
– Microsoft has assured us that there are positions for all OpenAI employees in their new subsidiary, should we choose to join, they write according to Reuters.
Reuters also reports that the letter is signed by Ilya Sutskever, one of the board members who fired Altman.
– I deeply regret my participation in the board’s decision. I never meant to harm Open AI, Sutskever wrote in a post on X on Monday.
Næss says that most of the value in the company will evaporate if 700 of the company’s nearly 770 employees disappear.
– The value is the people in the company, and if they disappear there is not much value left.
Published: 21.11.23 at 03:48
Updated: 21.11.23 at 04:03
