TMTB Weekly: "Coup de Sam"

Happy Saturday – hope everyone is enjoying their weekend away from the screens talking about Sam Altman. Big news in tech came out yesterday before the close: the “coup de Sam” over at OpenAI. It’s still early and not a lot of details are out yet (forgive me if this looks stale by Monday), but so far it seems as if the non-profit board didn’t like the speed and direction in which Sam was driving OpenAI – pushing “too far, too fast” -- and dev conference a couple weeks ago kind of hammered that home.  A surprise for all, including Altman, MSFT, and other investors who seem to have found out just moments before it was released publicly.  Several other OpenAI employees followed suit with their resignations, including President Greg Brockman. 

OpenAI’s control structure and mission is unique and interesting, with the BOD controlling the non-profit, which controls the for-profit arm (the one in which MSFT has an investment in):