Microsoft scoops up OpenAI’s Sam Altman, Greg Brockman

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( Monday, November 20, 2023 I don’t think I need to tell you, dear Daily Crunchers, which company dominated the news cycle, so let’s dig into today’s top stories. In the wee hours of the morning, Kyle wrote that OpenAI co-founder Sam Altman [doesn’t have plans to go back to OpenAI](. And company employees, almost all of them, [threatened to quit]( if he wasn’t reappointed CEO. We’ll see if employees make good on that threat. In the interim, Emmett Shear was named CEO of the company. Ingrid looks at who Shear is, aside from being the former Twitch CEO, and what he will be tasked with. Oh, and [his spicy social history](. In case you need it, Kyle put together [a timeline of Sam Altman’s firing from OpenAI — and the fallout](. Meanwhile, Altman already has other plans. Both he and the other OpenAI co-founder, Greg Brockman, [were hired over at Microsoft](. Manish writes that the pair will lead what Microsoft CEO Satya Nadella calls a “new advanced AI research team.” And Kyle notes that [OpenAI’s board is no match for investors’ wrath](. Speaking of Microsoft, Sarah reports that [Microsoft’s stock]( was already seeing a boost this morning after the news. And Darrell explains why [Microsoft is the only real winner in the OpenAI debacle](. Over on TC+, Alex discusses [effective accelerationism](, while Tim writes that the crisis at OpenAI could serve up the [next generation of AI startups](. [ image] Image Credits: Darrell Etherington with files from Getty under license [TechCrunch Early Stage 2024]( It’s Cyber Monday all week for TechCrunch Early Stage 2024 passes. On April 25 in Boston, expert-led, hands-on sessions give new and aspiring founders help, not hype. Now through November 28 at 11:59 p.m. PT, [buy a founder or investor pass for just $99](! [Read More]( [TechCrunch Early Stage 2024 image] [Discover solutions that improve employee collaboration]( Sponsored by [T-Mobile for Business]( [In today’s business landscape, managing a hybrid workforce poses a unique set of challenges. Join us as we discuss how our solutions provide secure connectivity, enable real-time collaboration, and streamline workflows.]( [Watch Now]( More top reads Look what’s in private beta: Open source Notion alternative AppFlowy gets big-name backers and lands on the cloud. [Check it out](. Making a match: Tinder redesigns its profile pages with prompts, info tags and quizzes. [Wait until you see what happens when you’re matched](. Christmas in March?: Sorry, Apple’s Vision Pro headset is not going to be available in time to go under your tree. [Instead, look for it in March 2024](. New growth funding here: Emerging fund manager Shalin Mehta launches SEVA, a growth equity fund, with $85 million. [Learn what Mehta will invest in](. Growth, growth, growth: LucidLink, which grew over 5x in the past two years, lands $75 million for its on-demand file streaming tech. [Gotta love those market conditions](. MOVEit strikes again: Hackers accessed personal health data of over 1 million Welltok patients. [Read more](. Bye-bye, advertisers: Some analysts believe that the advertiser exodus over at X is expected to deeply impact the social media giant’s ad revenue. [Which means new sources of revenue will surely pop up](. Ukraine makes changes: The Ukraine government fires two of its top cybersecurity officials. [Get the scoop](. Hacked in the stacks: The British Library confirms data was stolen in a ransomware attack. [A tech outage is still going on](. Everyone was on X: Amid all of the OpenAI drama taking place on X, we take you through how Instagram Threads missed a moment to shine. [Read more](. For those with deep pockets: With Functional Source License, Sentry wants to grant developers freedom “without harmful free-riding.” [One critic has thoughts](. Weekend warriors you may have missed: [Cruise co-founder and CEO Kyle Vogt resigns]( [With Amo, the founder of Zenly wants to make social apps social again]( [SpaceX launches Starship for the second time, going farther than ever before]( [Deal Dive: An AI application that isn’t just marginally better]( (TC+) [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Staff Software Engineer at Slang.ai (New York, NY, USA)]( - [Cloud & IT Security Engineer at AAOS (Rosemont, Illinois, USA)]( - [VP Revenue at Duel (Toronto, ON, Canada)]( - [Chief Scientist & Co-Founder - Data Analytics & AI at Susterra (New York, NY, USA)]( - [Donor Database Administrator at Community Environmental Council (CEC) (Santa Barbara, CA, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $349 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103