nearly all of their workers are threatening to quit if the board doesn t resign and reinstate the former leadership. board members fired mr altman friday saying in a statement he was not consistently candid communications with them. in his communications with them. the company also announced greg brockman, the president and co founder of openai, would step down as chairman of the board. but he quit. the company has named emmett shear, the co founder of livestreaming platform twitch as its interim ceo. two prominent openai heads to have signed on to the letter and chief technology officer and the firm s chief scientist. on monday morning there was a tweet seeing there was a deep regret on the board s actions. the openai has been the dominant force in ai development with its chatgpt chat port. chat bot. this episode highlights a split in the field of ai between those pushing for progress and those urging caution. meanwhile, microsoft has invested more than $13 billion in
for the firm. our north america business correspondent erin delmore has the latest. what began as the firing of openai as ceo and co founder sam altman on friday is now a stand off between hundreds of openai employees and the company s board. nearly all of openai s workers are threatening to quit if the ball doesn t resign and reinstate the former leadership. board members fired altman on friday, saying in a statement that he was not consistently candid in his communications with them. the company also announced that greg brockman the president and co founder of openai would be stepping down as chairman of the board, but he quit. the company has named emmett cher, the co founder of the live streaming platform twitch as openai s interim ceo. two broken prominent openai heads have signed onto the letter. on monday morning, the chief scientist tweeted he deeply regrets his participation in the board because my actions. openai has been the dominant force in al development with
it s a guest pass for the offices of openai . he was fired on friday. he s been invited back by the interim ceo, mira moratti, according to reuters. that s with a view to him possibly rejoining the company. when he was fired, the company released a statement. they said this. mr altman s departure follows a deliberative review process by the board, which concluded he was not consistently candid in his communications, hindering, they said, its ability to exercise its responsibilities. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft reportedly owns 49% of the company. they re among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may mean to bleeding of other, wider talent. the challenge, though, is whether they can get hi
he was fired on friday. he has been invited back by the interim ceo mira murati according to reuters, that s with a view to him possibly rejoining the company. when he was fired, the company released a statement, they said this. mr altman s departure follows a deliberate review process by the board which concluded. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft, reportedly owns 49% of the company. they are among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may mean to bleeding of other wider talent. a challenge though is whether they can get his reinstatement passed the current board. earlier i spoke to managing director at wedbush securities dan ives and he said openai s board might not walk away from this uns
business correspondent, nick marsh. nick, great to see you. what details do we have about what president biden announced? he: didn t really say much in the end, to be honest. he said there is more work to be done when it comes to the indo pacific economic framework. i would say that s a bit of an understatement. we have been talking about this agreement, it s not even a properfree trade agreement, it s not even a proper free trade agreement, let s not forget. we have been talking about it for about a year and a half. still no consensus reached. i think the latest stumbling block was on securing an agreement on workers rights and environmental protections. i think itjust goes to the heart of what s been achievable and not achievable at this apec summit on the diplomatic front, there has been considerable between china and the progress us, the mood music has been positive, the economic issues are much harder to unpick. the united states knows that china dominates this region a