OpenAI staff threaten mass exodus to join ex-CEO Altman

SAN FRANCISCO, Nov 21, 2023 (AFP) – Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft, deepening a crisis triggered by the shock sacking of CEO Sam Altman. In a fast-moving sequence of events, Altman, who was ousted by the board on Friday, has now been hired by Microsoft where he will take the lead in developing a new advanced AI research team. There was talk […]

Microsoft to hire OpenAI’s Sam Altman after sacking

SAN FRANCISCO, Nov 20, 2023 (AFP) – Microsoft announced Monday the hiring of OpenAI co-founder Sam Altman following his shock sacking from the company whose ChatGPT chatbot has led the rapid rise of artificial intelligence technology. OpenAI has appointed Emmett Shear, a former chief executive of Amazon’s streaming platform Twitch, as its new CEO despite reported pressure from Microsoft and other major investors to reinstate Altman. OpenAI’s board sacked Altman on Friday, with US media […]

OpenAI stands by decision to fire Sam Altman despite pressure: US media

The board of ChatGPT creator OpenAI on Sunday rejected pressure from Microsoft and other major investors to reverse its stunning decision to fire CEO Sam Altman, US media reported. OpenAI and Altman rocketed to fame with the launch of ChatGPT last year, showcasing advances in generative artificial intelligence that set off a gold rush in the sector. But the company’s board shocked the industry on Friday by removing co-founder Altman, prompting other high-profile departures as […]

Investors in OpenAI seek return of fired CEO, US media report

NEW YORK, Nov 19, 2023 (AFP) – Major investors in OpenAI, the company behind hugely popular ChatGPT, are working to orchestrate the return as CEO of Sam Altman, a leader in the AI revolution who was fired in a shock move Friday, US media reported Sunday. Investors as important as Microsoft and venture firm Thrive Capital “are making efforts to bring back Sam Altman,” the Wall Street Journal reported, citing unnamed sources. Microsoft and Thrive […]

“Red Cup Rebellion” erupts as Starbucks workers walk out over labor issues

NEW YORK, Nov 16, 2023 (AFP) – Worker activists at Starbucks called for a strike at unionized coffee shops in the United States on Thursday as the labor group seeks to pressure the coffee giant on stalled contract talks. The employee walkout, dubbed “Red Cup Rebellion,” was timed with a holiday-oriented company promotion that the labor group says is representative of company initiatives marred by understaffing and employee stress. About 360 Starbucks locations with more […]

Philippines embraces nuclear energy as US signs cooperation pact

SAN FRANCISCO, Nov 17, 2023 (AFP) – The United States on Thursday signed a nuclear cooperation agreement with the Philippines, clearing a path for US investment to jumpstart atomic power in a country racing to expand its electricity supply. Philippine President Ferdinand Marcos, who has become a close US ally in his more-than one year in power, was on hand when his energy secretary signed the pact with Secretary of State Antony Blinken on the […]

Biden, Xi compete for Asia-Pacific allies at summit

By Danny KEMP SAN FRANCISCO, Nov 17, 2023 (AFP) – US President Joe Biden and his Chinese counterpart Xi Jinping made rival bids to win over Asia-Pacific allies at a summit in San Francisco Thursday, just a day after the two leaders met in a bid to reduce tensions between the superpowers. “We’re not going anywhere,” Biden told business leaders attending the APEC (Asia-Pacific Economic Cooperation) summit in San Francisco as he tried to reassure […]

Alibaba cancels cloud service spinoff over US chip restrictions

SHANGHAI, Nov 16, 2023 (AFP) – Chinese e-commerce giant Alibaba said Thursday it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 that were in line with market expectations. The company saw a 9 percent year-on-year increase in Q3 revenue, it said Thursday, following several difficult years and despite a broader economic slowdown. “Alibaba Group delivered a solid quarter, marked […]

AI threatens millions of South Korean jobs, central bank says

SEOUL, Nov 16, 2023 (AFP) – Nearly four million jobs in South Korea are at risk of being replaced by artificial intelligence technology over the next two decades, a central bank study released on Thursday said. Rapidly advancing artificial intelligence (AI) technology has triggered global concern over everything from job losses and cyber attacks to humans losing control of the systems they have designed. The new study by the Bank of Korea said some 3.9 […]

Japanese economy shrinks 0.5 percent in third quarter

By Tomohiro OSAKI TOKYO, Nov 15, 2023 (AFP) – Japan’s economy contracted by a worse-than-expected 0.5 percent in the third quarter, government data showed Wednesday, in a further blow to struggling Prime Minister Fumio Kishida. The shrinking of the world’s number three economy, following two consecutive quarters of growth, was worse than the market consensus of a 0.1 percent contraction. Private demand, including private residential and corporate investment, was down 0.6 percent. Exports grew just […]

US postpones Asia trade deal rollout after domestic fire

SAN FRANCISCO, Nov 14, 2023 (AFP) – President Joe Biden’s administration signaled Monday it would postpone a draft of an Asia trade pact that had been set to be unveiled at a summit in San Francisco, after facing domestic criticism. Biden, welcoming 20 other members of the Asia-Pacific Economic Cooperation (APEC) forum to San Francisco where he will meet on the sidelines with Chinese President Xi Jinping, had been expected to announce substantial progress on […]

Quick, tidy up! They’re here: San Francisco scrambles for APEC

By Huw GRIFFITH SAN FRANCISCO, Nov 13, 2023 (AFP) – Like a housework-shy couple who suddenly discover the neighbors are dropping round, San Francisco is in tidying panic mode as it readies for thousands of influential APEC visitors. There are palpable efforts to spruce up the decaying downtown that in recent years has earned itself a reputation for open-air drug use, homelessness, litter and crime. Major streets have been swept clean, potholes newly repaired and […]