Global cyber affairs are in overdrive! Australia’s $50M social media crackdown, Nvidia’s $35B AI earnings, and claims of AI breaching parliamentary security highlight a whirlwind week. With 2025 looming, the pace of tech, trade, and policy shifts is only set to accelerate.
At APEC, Biden and Xi agreed AI won't control nuclear weapons, stressing human oversight. They addressed detained Americans, North Korea, and trade, marking a key step in U.S.-China diplomacy amid global tensions.
Nvidia’s stellar week featured $35B in Q3 earnings, a 195% YTD stock surge, and bold AI collaborations in Indonesia. With innovations like Blackwell chips and Sahabat-AI, Nvidia is driving the AI revolution into mid-decade, achieving a $3.6 trillion market cap and redefining global tech leadership.
Mass Exodus Looms as OpenAI Staff Rally Behind Sam Altman, Eyeing Microsoft Move
Over 700 OpenAI employees demand CEO Sam Altman's reinstatement, threatening to join Microsoft. The crisis exposes deep internal unrest, with staff declaring, "OpenAI is nothing without its people," challenging the board's leadership.
OpenAI Saga Series: Navigating Corporate Turmoil and Uncertainty
In a significant development that has sent ripples through the artificial intelligence industry, OpenAI faces a substantial crisis as a vast majority of its employees have threatened to leave the company. This mass discontent among the workforce stems from the ousting of former CEO Sam Altman, leading to a potential exodus of talent to Microsoft. This situation underscores a deep-seated unrest within the company's ranks, challenging the stability of one of Silicon Valley's most promising AI ventures.
The board's statement on Friday bluntly stated that new leadership was "necessary" for the company's future endeavours. Altman's removal from both his executive role and the company board underscores the seriousness of the board's concerns.
The crux of this unrest lies in the employees' demand for the resignation of the current board and the reinstatement of Altman as CEO.
Over 700 employees, including Ilya Sutskever, OpenAI's chief scientist and a board member, have signed a letter conveying their lack of confidence in the current leadership.
The letter explicitly states, "Your actions have made it obvious that you are incapable of overseeing OpenAI. We are unable to work for or with people that lack competence, judgement, and care for our mission and employees."
This collective stance brings to light significant internal strife and questions the board's decision-making and leadership capabilities.
“Everyone thinks you can hire someone to do this." "That fails 100% of the time."
Altman and Brockman showed their support by sharing Sutskever’s post with affectionate heart emojis, while onlookers observed the unfolding drama within the Silicon Valley boardroom with amazement.
The sentiments of OpenAI employees were openly expressed online, where a significant number rallied behind Altman, declaring,
“OpenAI is nothing without its people.”
In a development shared by Brockman on X, three prominent researchers who departed OpenAI following Altman's dismissal have decided to move to Microsoft. These include former research director Jakub Pachocki, ex-head of preparedness Aleksander Madry, and past researcher Szymon Sidor.
Global cyber affairs are in overdrive! Australia’s $50M social media crackdown, Nvidia’s $35B AI earnings, and claims of AI breaching parliamentary security highlight a whirlwind week. With 2025 looming, the pace of tech, trade, and policy shifts is only set to accelerate.
Nvidia’s stellar week featured $35B in Q3 earnings, a 195% YTD stock surge, and bold AI collaborations in Indonesia. With innovations like Blackwell chips and Sahabat-AI, Nvidia is driving the AI revolution into mid-decade, achieving a $3.6 trillion market cap and redefining global tech leadership.
OpenAI proposes bold U.S. alliances to outpace China in AI, advocating for advanced infrastructure and economic zones. Meanwhile, SMIC, China’s chip giant, faces U.S. restrictions but remains optimistic, leveraging AI-driven demand for legacy chips to sustain growth amid global challenges.
TSMC leads the AI chip race, thriving on surging demand, while Samsung struggles with a 13% profit drop and ASML casts doubt on AI chip sustainability. Chinese tech giants adapt to U.S. trade limits with homegrown solutions, keeping the global competition fierce in the AI-driven market.