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TechCheck

OpenAI Shockwaves 11/20/23

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 20 November 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

One of the most dramatic stories in technology in years: Sam Altman pushed out as CEO of OpenAI… putting this seismic shift into perspective, for Microsoft, for AI, for all of corporate America.

Transcript

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0:00.0

one of the most dramatic stories in technology in years, and it's still unfolding.

0:05.3

Sam Altman pushed out as CEO of Open AI, putting this seismic shift into perspective

0:10.5

for Microsoft, for AI, for all of corporate America.

0:15.0

It's Monday, November 20th.

0:17.0

Welcome to the Tech Check podcast.

0:19.0

I'm Gierger Boza.

0:20.0

Mark Gilbert.

0:21.0

Wow, just one word, wow. Wow. Just one word. Wow. What a weekend of news. By now if you're

0:26.1

listening to this, you know it. Sam Holman pushed out by the board of open AI.

0:31.4

Then the blowback began the interim CEO replaced by a new interim CEO

0:36.8

weekend negotiations to bring all the back. Microsoft other investors pushing the board to act and then this morning D

0:45.7

Altman and his co-founder Greg broughtman are hired by Microsoft to launch a new

0:51.8

advanced AI startup.

0:53.6

It's been a whirlwind.

0:55.0

As you were going through all of the ins and outs.

0:58.6

And that was a great sort of summary of it.

1:00.9

I just can't stop shaking my head because it was one sort of

1:03.6

incredulous thing after another and if you cover tech you know that you were

1:08.5

online all weekend just kind of gaping at what was going on,

1:13.5

what was happening next.

1:14.6

And it's an understatement to say

1:17.2

that this hasn't shock waves across the VC and startup community.

...

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