OpenAI co-founder Ilya Sutskever expressed regret over his decision to resign from the company, according to an internal memo [Fortune]. Meanwhile, Microsoft's stock recovered after a decline over the weekend following the news of hiring OpenAI's leaders [TechCrunch]. The events leading up to and following the ousting of OpenAI founder Sam Altman were outlined in a timeline [TechCrunch]. In response to Altman's dismissal, hundreds of OpenAI employees threatened to quit [KTVU]. Microsoft capitalized on the turmoil at OpenAI, hiring Altman and his co-founder Greg Brockman to lead its AI research team [Hypebeast]. This resulted in Microsoft's stock hitting an all-time high [Forbes].
The news of Altman's ousting and subsequent hiring at Microsoft created a wave of reactions and actions. OpenAI employees staged a walkout and called for the resignation of the board [The Guardian]. They also issued a resignation letter, stating their intention to join Microsoft if the board did not resign [The Verge]. OpenAI's chaotic weekend also included the appointment of Twitch co-founder Emmett Shear as CEO [VentureBeat].
The fallout from the Altman's firing was not limited to the tech industry. Financial analysts noted the impact on the stock market and highlighted Microsoft as the winner in the situation [CNBC]. Altman's return to the CEO post at OpenAI was initially reported but later corrected [BoingBoing]. Altman’s firing and subsequent hiring at Microsoft raised questions, with Elon Musk calling for OpenAI to reveal the reasons behind the dismissal [Firstpost].
Microsoft's hiring of Altman and Brockman signaled a shift in its AI research efforts [EURONEWS]. Altman vowed to launch a probe into his own firing [MarketWatch]. The hiring also led to a surge in Microsoft's stock price [The Street]. Altman's new position at Microsoft garnered attention from various news outlets [New Scientist, Hindustan Times, NBC News, Las Vegas Sun].