zlacker

>>staran+(OP)
Satya on twitter:

We are encouraged by the changes to the OpenAI board. We believe this is a first essential step on a path to more stable, well-informed, and effective governance. Sam, Greg, and I have talked and agreed they have a key role to play along with the OAI leadership team in ensuring OAI continues to thrive and build on its mission. We look forward to building on our strong partnership and delivering the value of this next generation of AI to our customers and partners.

https://twitter.com/satyanadella/status/1727207661547233721

>>gzer0+B1
Did Satya get played with the whole "Sam and Greg are joining Microsoft"? Was Satya in on a gambit to get the whole company to threaten to quit to force the board's hand?

It sure feels like a bad look for Satya to announce a huge hire Sunday night and then this? But what do I know.

Edit: don't know why the downvotes. You're welcome to think it's an obviously smart political move. That it's win/win either way. But it's a very fair question that every tech blogger on the planet will be trying to answer for the next month!

>>forres+H3
I think it was mostly a bluff to try the pressure the board. I don't think Sam and most of Open AI rank and file would want to be employees of MSFT

>>altpad+e4
Can CEOs make market moving "bluffs"? Sounds like another word for securities fraud.

(what isn't)

>>Fluore+Z4
Of course they can, but they can't do these and sell/buy stocks involved at the same time. It's not illegal to influence stocks value (one could argue just being a CEO does that), but buying/selling while in possession of insider knowledge.

Let's say Sam called his broker and said to him on Friday we'll before the market closes. Buy MSFT stock. Then he made his announcement on Sunday and on Monday he told his broker to sell that stock before he announced he's actually coming back to (not at all)OpenAI. That would be illegal insider trading.

If he never calls his broker/his friends/his mom to buy/sell stock there's nothing illegal.