We have reached an agreement in principle for Sam to return to OpenAI as CEO

Re:We have reached an agreement in principle for Sam to retu... by jatins on Wednesday November 22, 2023 @01:15AM (#38375363)

Microsoft's role remains same as it was on Thursday. Minor (49%?) shareholder and keeps access to models and IP

IMO Kevin tweeting that MS will hire and match comp of all OpenAI employees was amazing negotiation tactic because that meant employees could sign the petition without worrying about their jobs/visas

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Re:We have reached an agreement in principle for Sam to retu... by karmasimida on Wednesday November 22, 2023 @01:31AM (#38375514)

I think at this point MSFT will seek a board seat in OpenAI/

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Re:We have reached an agreement in principle for Sam to retu... by zeven7 on Wednesday November 22, 2023 @02:14AM (#38375936)

Satya Nadella said they would make sure there would be "no more surprises".

(Sad day for popcorn sales.)

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Re:We have reached an agreement in principle for Sam to retu... by ugh123 on Wednesday November 22, 2023 @02:56AM (#38376289)

I was thinking about this a lot as well, but what did that mean for employee stock in the commercial entity? I heard they were up for a liquid cash-out in the next funding round.

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Re:We have reached an agreement in principle for Sam to retu... by ryzvonusef on Wednesday November 22, 2023 @01:24AM (#38375455)

but no board seat? how do they prevent a rehash of this in the future and how do they safeguard their investment? Really curious.

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Re:We have reached an agreement in principle for Sam to retu... by protocolture on Wednesday November 22, 2023 @01:30AM (#38375504)

OpenAI is an airgapped test lab for Microsoft. They dont want critical exposure to the downside risk of AI research, just the benefits in terms of IP. Sam and Greg probably offer enough stability for them to continue this way.

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Re:We have reached an agreement in principle for Sam to retu... by happosai on Wednesday November 22, 2023 @02:02AM (#38375825)

It makes sense to airgap Generative AI while courts ponder wether copyright fair use applies or not. Research is clearly allowed fair use, and let OpenAI experiment with commercialization until it is all clear waters.

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Re:We have reached an agreement in principle for Sam to retu... by astrange on Wednesday November 22, 2023 @02:51AM (#38376242)

No anti-AI lawsuits have progressed yet. One got slapped down pretty hard today, though isn't dead.

https://www.hollywoodreporter.com/business/business-news/sar...

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Re:We have reached an agreement in principle for Sam to retu... by _jab on Wednesday November 22, 2023 @01:46AM (#38375672)

Sam and Greg don't appear to be getting their board seats back.

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Re:We have reached an agreement in principle for Sam to retu... by protocolture on Wednesday November 22, 2023 @05:35AM (#38377468)

They dont need them. If they get fired, they can go nuclear on the board again.

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Re:We have reached an agreement in principle for Sam to retu... by umeshunni on Wednesday November 22, 2023 @02:25AM (#38376029)

It's a new and "more experienced" board. This is also possibly the first of additional governance and structure changes.

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Re:We have reached an agreement in principle for Sam to retu... by jatins on Wednesday November 22, 2023 @02:17AM (#38375972)

I believe all the board seats are not fillet yet

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