Coming up this week:

- Sam Altman’s Dramatic Return.
- OpenAI's Q* Breakthrough.
- Windows 11 Unveils Copilot.
- Meta Unveils Emu For AI-Driven Media Creation.

And much more… Learn how these unfolding narratives are shaping The Business of AI.

FEATURED STORY 🔥

OpenAI Drama Over… For Now

On November 17, OpenAI's board made a significant decision by firing CEO and co-founder Sam Altman, leading to President Greg Brockman's resignation and Mira Murati's appointment as interim CEO. The next day, COO Brad Lightcap clarified that Altman's dismissal was due to communication issues, not misconduct. This event sparked a strong reaction from Khosla Ventures, an early investor, advocating for Altman's return. Simultaneously, OpenAI employees were divided, with some considering resignation if Altman wasn't reinstated, while others showed interest in joining his potential new venture.

By November 19, discussions about Altman's possible return were underway, alongside his contemplation of launching a new AI startup. The situation escalated on November 20, with Microsoft CEO Satya Nadella announcing the hiring of Altman, Brockman, and their team for a new AI research project. That same day, OpenAI named former Twitch CEO Emmett Shear as interim CEO and explored a merger with rival Anthropic. The company faced a critical moment as nearly all staff threatened to leave for Microsoft unless the board resigned.

Investors also reacted, considering legal action against the board. Finally, on November 21, OpenAI announced Altman's return as CEO, alongside a new initial board including Bret Taylor, Larry Summers, and Adam D'Angelo, with Brockman also rejoining the startup. This series of events highlights the tumultuous and dynamic nature of leadership and decision-making within major tech companies.

The dramatic chronological order of events:

Nov. 17 - OpenAI board fires CEO, co-founder Sam Altman and President Greg Brockman quits after being removed from the board. The company names Mira Murati as interim CEO.

Nov. 18 - Altman's firing was over a "breakdown in communication between Sam and the board," and not "malfeasance", COO Brad Lightcap says in an internal memo. Early investor Khosla Ventures says it wants Altman back at OpenAI, "but will back him in whatever he does next". Some employees contemplated quitting if Altman was not restored as CEO by the end of the weekend, while others expressed support for joining his new venture, people familiar with the matter said

Nov. 19 - Altman discusses a possible return to the company and considers launching a new AI startup.

Nov. 20 - Microsoft CEO Satya Nadella hires Altman, Brockman, and their colleagues to lead a new advanced AI research team. OpenAI appoints former Twitch boss Emmett Shear as interim CEO. OpenAI board approaches rival Anthropic's CEO on a merger. Nearly all OpenAI staff threaten to quit and join Altman at Microsoft if the board doesn't resign. Some investors in OpenAI explore legal recourse against the company's board.

Nov. 21 - OpenAI said Altman will return as CEO with a new initial board of Bret Taylor, Larry Summers, and Adam D'Angelo. Brockman will also return to the startup.

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• 220 broadcast coverage including 11 TV mentions

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TRENDING STORIES 🔥 

OpenAI's Q* Breakthrough

Researchers warned the board about Q*, a groundbreaking AI model with potential AGI capabilities, before CEO Sam Altman's ouster. Q*, showing early success in solving basic math, signals advanced reasoning skills and represents a significant leap in AI development, amidst company leadership upheaval….

Read More

Windows 11 Unveils Copilot

Microsoft introduces Copilot, an AI assistant that enhances productivity and creativity. Integrated into Windows 11, Copilot offers real-time answers, inspiration, and solutions for various tasks. It assists in settings adjustments, creative projects, and online activities, available now in preview without additional cost….

What It In Action Here

Meta Unveils Emu For AI-Driven Media Creation

Emu Video and Emu Edit are groundbreaking AI tools for generating high-quality videos and precise image editing. Emu Video uses text-to-video generation with diffusion models, creating detailed, high-resolution videos. Emu Edit offers enhanced image editing, precisely altering images based on text instructions….

Read More

Poll Of The Week 💗 

Last week’s poll results:

Would you buy art created by an AI?

 🟩🟩🟩🟩🟩🟩 Yes

🟨🟨🟨🟨⬜️⬜️ No

🟨🟨🟨🟨⬜️⬜️ Maybe

Image Of The Week 📷️ 

As it’s Thanksgiving for our American friends, we thought it would be cool to create this turkey QR code. YES, IT REALLY IS A QR CODE.

It’s made with a free website called QRX Codes and it’s text prompt based - my prompt for this image was literally “Happy Thanksgiving”

With the Christmas holidays fast approaching, there are a million ways you could use this for your business. Give it a try here

FUNDRAISING 🤑 

Menlo Ventures' Billion-Dollar Bet on AI Startups

The company has secured $1.35 billion to invest in AI-driven technology startups, building on their legacy of successful early-stage investments. This new fund aims to support emerging AI companies, reflecting Menlo's commitment to driving innovation and shaping the future of technology….

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Kyutai: Pioneering AI Open Science in Europe

Launching in Paris, Kyutai, co-founded by iliad Group, CMA CGM, and Schmidt Futures, is dedicated to open AI science. With €300 million funding, it aims to develop advanced AI models and algorithms, focusing on reliability and efficiency. Kyutai's mission includes democratizing AI and nurturing future AI talent….

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Forward Health's AI-Powered CarePods

Raising $100 million, Forward Health introduces CarePods, standalone medical stations equipped with AI for diagnosis and treatment offering a range of tests and features for a monthly fee. These self-contained units, designed for easy access in public spaces, aim to streamline healthcare by reducing reliance on traditional medical staffing….

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5 Tools to Boost Your Productivity

- Build and sell digital products with AII The Leap
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Want your tool featured here? Hit reply and tell us a little about it 😍 

EYE OPENING NEWS 🧠 

Lyria: DeepMind's Leap in AI Music Generation

Google DeepMind introduces Lyria, an advanced AI music generation model, alongside two creative AI experiments. Lyria excels in producing high-quality music with nuanced control, aiming to enhance professional musicians' work and reshape the future of music creation.

Read More

Tri-Nation Initiative for AI Regulation in EU

France, Germany, and Italy propose a voluntary AI regulation framework in the EU, emphasizing self-regulation over mandatory rules for foundational AI models. This approach includes no initial sanctions and suggests the creation of model cards to detail AI capabilities and limitations.

Read More

Amazon Launches Free Generative AI Courses

FREE COURSES - Amazon introduces "AI Ready," offering eight free courses on generative AI, aiming to equip 2 million learners by 2025. This initiative, extending AWS's existing AI training, covers AI project management and development, promoting Amazon's AI products like CodeWhisperer and Bedrock AI app maker.

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Enhanced YouTube Analysis by Google Bard

Google Bard is updated to better understand YouTube videos, allowing users to ask detailed questions about video content. This improvement enables specific queries, like ingredients in a recipe video, enhancing Bard's utility and user engagement with YouTube content.

Read More

Delay in Gemini's Debut: Google's AI Push to 2024

Google postpones the launch of its AI model Gemini, a competitor to OpenAI's GPT-4, to early 2024. The delay stems from the need to refine Gemini's primary version and integrate more consumer-focused features, following Bard AI's recent demo setback.

Read More

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