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Fox News AI Newsletter: Ousted CEO returns to ChatGPT maker OpenAI
Sam Altman, chief executive officer of OpenAI, during a fireside chat at University College London (UCL) in London, UK, on Wednesday, May 24, 2023. Altman said part of the reason for his current tour of European cities is to discover a suitable location for a new office. ALTMAN RETURNS: OpenAI brings back former CEO, establishes new board days after ouster. EGG ON FACE: OpenAI board's days numbered as $90B company plunges into chaos. NO OVERSIGHT: Tech CEO's ouster demonstrates need for better regulation.
US Lawmakers Ask SEC to Launch Fraud Investigation Into Elon Musk
Federal regulators are being pushed to investigate whether Elon Musk deceived investors in his brain-chip startup Neuralink by omitting details about the gruesome deaths of at least a dozen animals who were surgically fitted with its implants. Four members of the US House of Representatives today alleged that Musk issued false statements in September regarding the deaths of 12 macaque monkeys, the subjects of experiments at a primate center in California between 2018 and 2020, according to a letter obtained by WIRED. The lawmakers have urged Gary Gensler, head of the Securities and Exchange Commission (SEC), to initiate a probe into whether Musk committed securities fraud by glossing over the lethal aspects of Neuralink's tests--a potential violation, they claim, of an SEC rule designed to shield investors from material omissions and misstatements linked with the purchase or sale of a security. Musk, in September, claimed in a post on X (formerly Twitter) that no animal test subjects died as "a result of a Neuralink implant," adding that the company strove early on to "minimize risk to healthy monkeys," choosing only those who were "close to death already." Musk knows this statement is false," the lawmakers told Gensler, a former Goldman Sachs investment banker turned Wall Street sheriff.
Russia silent on Tehran arms claim as Ukraine downs Iran-built drone
Russia has declined to comment on US claims that Iran could supply it with ballistic missiles. Ukraine said it shot down a "rare" Iran-built drone amid a barrage of attacks overnight. The Ukrainian Air Force said on Wednesday that it had downed more than a dozen attack drones and a cruise missile. The overnight assault followed a report by authorities in the southern region of Odesa that a rare Iranian-designed attack and reconnaissance drone had been destroyed. The air force said the overnight barrage was launched from southeast Russia and that a combination of air defence units in several central regions had "destroyed all 14 enemy Shahed-131/136 drones".
The OpenAI meltdown will only accelerate the artificial intelligence race Sarah Kreps
In November 2022, OpenAI launched ChatGPT, a consumer-facing artificial intelligence tool that could hold a conversation with users, answer questions, and generate anything from poems to computer code to health advice. The initial technology was not perfect โ it would sometimes "hallucinate", producing convincing but inaccurate information โ but its potential generated enormous attention. A year later, ChatGPT's popularity has continued, with 100 million people using it on a weekly basis, and over 92% of Fortune 500 companies and several competitor firms looking to cash in or improve on the technology. But that's not why ChatGPT's creator, OpenAI, was in the news this week. Instead, OpenAI was the center of a fierce philosophical debate about what it means to develop artificial general intelligence for the benefit of humanity. To understand the current debate and its stakes requires going back to OpenAI's founding in December 2015.
Four ways AI is making the power grid faster and more resilient
The US Department of Energy has recognized this trend, recently awarding $3 billion in grants to various "smart grid" projects that include AI-related initiatives. The excitement about AI in the energy sector is palpable. Some are already speculating about the possibility of a fully automated grid where, in theory, no humans would be needed to make everyday decisions. But that prospect remains far off; for now, the promise lies in the potential for AI to help humans, providing real-time insights for better grid management. Here are four of the ways that AI is already changing how grid operators do their work.
Sam Altman set to return as CEO of OpenAI
Sam Altman is set to make a return as chief executive of OpenAI after the ChatGPT developer said it had "reached an agreement in principle" for his reinstatement. The San Francisco-based company made the announcement after days of corporate drama in the wake of Altman's surprise sacking on Friday. Nearly all of OpenAI's 750-strong workforce had threatened to quit unless the board overseeing the business brought back Altman and then quit immediately afterwards. As part of the agreement reached overnight, the deal includes a new-look board led by Bret Taylor, the former co-CEO of software firm Salesforce. It will include Larry Summers, the former US treasury secretary, and Adam D'Angelo, the tech entrepreneur and current board member who played a role in Altman's firing.
Tech CEO Sam Altman's ouster highlights need for better regulation: experts
Displaying bias, foreign adversaries like China becoming dominant, and outsmarting humans were all top artificial intelligence concerns for members of Congress. The surprising ouster of OpenAI CEO Sam Altman has renewed concern over the state of artificial intelligence regulation as the industry continues to grow at a rapid pace. "Now is the perfect time to create common sense guard rails," Christopher Alexander, the chief analytics officer of Pioneer Development Group, told Fox News Digital. Alexander's comments come after OpenAI's board made the move last week to push out Altman, arguing that the company's founder had not communicated well with the board and that he had lost the confidence of those on it. Altman's departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities," the company said in a release.
OpenAI restores Sam Altman as CEO after his tumultuous ouster
OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. In addition to Altman's return, the company agreed in principle to partly reconstitute the board of directors that had dismissed him. Former Salesforce co-CEO Bret Taylor and former U.S. Treasury Secretary Larry Summers will join Quora CEO and current director Adam D'Angelo, OpenAI said. Sam Altman said in a post on X "i'm looking forward to returning to openai."
Sam Altman Reaches Agreement to Return to OpenAI
Days after he was fired as CEO by OpenAI's board, Sam Altman is set to return to the company. OpenAI released a statement late Tuesday saying it had "reached an agreement in principle for Sam Altman to return to OpenAI as CEO." The proposed agreement includes replacing all the directors that fired Altman bar one, Quora CEO Adam D'Angelo. He would be joined on the new board by Bret Taylor, formerly CEO of Salesforce and Larry Summers, formerly US Secretary of the Treasury. OpenAI was in "intense" negotiations earlier on Tuesday with Altman and the board of directors that ousted him last Friday, in an effort to rescue the embattled company. The talks were acknowledged in a memo sent to staff Monday by OpenAI's vice president of global affairs, Anna Makanju, saying that the talks included Altman, the board, and the new interim CEO, Emmett Shear.
OpenAI Says Sam Altman to Return as CEO, Company to Get New Board Members
Sam Altman will return to lead OpenAI less than five days after he was pushed out of one of the world's most valuable startups, setting off a shock back-and-forth drama that transfixed Silicon Valley and the global AI industry. Altman is returning as chief executive officer and the initial board will be led by Bret Taylor, a former co-CEO of Salesforce Inc. The other directors are Larry Summers, the former U.S. Treasury Secretary, and existing member Adam D'Angelo, the co-founder and CEO of Quora Inc. OpenAI is now working "to figure out the details," the company said in a post on X, formerly Twitter. We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details.