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Sam Altman to return as CEO of OpenAI (www.theverge.com)

submitted 11 months ago by [email protected] to c/[email protected]

58 comments fedilink hide all child comments

See also twitter:

We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo.

We are collaborating to figure out the details. Thank you so much for your patience through this.

Seems like the person running the simulation had enough and loaded the earlier quicksave.

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[–] [email protected] 12 points 11 months ago (1 children)

At this point, investors be like oh shit, these fuckers have no idea what they're doing

[–] [email protected] 9 points 11 months ago* (last edited 11 months ago) (2 children)

It's a non-profit. There are no investors.

Microsoft gave them some money in return for IP rights... and they will potentially one day get their money back (and more) if OpenAI is ever able to pay them, but they're not real investors. The amount of money Microsoft might get back is limited.

[–] [email protected] 10 points 11 months ago (1 children)

It’s a non-profit. There are no investors.

Hah.

OpanAI, Inc. is non-profit. OpenAI Global is a for-profit entity, and has been for years now. They're trying to have their cake and eat it, too.

[–] [email protected] 5 points 11 months ago

but the non profit controls the for profit. that is not even that unusual. Mozilla works the same way

[–] [email protected] 1 points 11 months ago

Ok so Microsoft is giving out money now, instead of investing in profit potential? Cool!