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OpenAI-Sam Altman saga: What we know so far on November 21, 2023 at 10:34 pm Business News | The Hill

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The surprise ouster of OpenAI co-founder and former CEO Sam Altman has triggered widespread fallout at the artificial intelligence (AI) company behind the popular ChatGPT tool.

Here’s what we know so far about the company’s messy split with Altman:

OpenAI announces Sam Altman stepping down as CEO on Nov 17

The company made the surprise leadership change Friday afternoon, announcing that Altman would be stepping down as CEO after a review found that he was “not consistently candid in his communications with the board.”

“OpenAI was deliberately structured to advance our mission: to ensure that artificial general intelligence benefits all humanity,” the board of directors said in statement. “The board remains fully committed to serving this mission.”

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“We are grateful for Sam’s many contributions to the founding and growth of OpenAI,” it continued. “At the same time, we believe new leadership is necessary as we move forward.”

Greg Brockman, the president of OpenAI and chair of its board, quit over Altman’s ouster. In a post on X, the platform formerly known as Twitter, Brockman said both he and Altman were “still trying to figure out exactly what happened.”

“Sam and I are shocked and saddened by what the board did today,” Brockman wrote Friday night. “Let us first say thank you to all the incredible people who we have worked with at OpenAI, our customers, our investors, and all of those who have been reaching out.”

Brockman said the former CEO received a message from OpenAI’s chief scientist and board member Ilya Sutskever on Thursday night asking to talk the next day. When he joined the Google Meet on Friday, Altman was reportedly told he was being fired.

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Shortly after, Brockman also received a message from Sutskever asking for a quick call, during which he was informed that he was being removed as chair the board.

OpenAI cycles through CEOs amid upheaval

In its initial announcement Friday, OpenAI said that chief technology officer Mira Murati would take over as interim CEO, effective immediately.

The company touted Murati’s “critical role” in the growth of OpenAI from a small startup to an AI leader.

“As the leader of the company’s research, product, and safety functions, Mira is exceptionally qualified to step into the role of interim CEO,” the board said Friday. “We have the utmost confidence in her ability to lead OpenAI during this transition period.”

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Murati — who appeared to show her support for Altman online, responding to a Saturday post from her predecessor with a heart emoji — reportedly negotiated with OpenAI’s board over the weekend in an effort to rehire Altman and Brockman, according to Bloomberg

However, Emmett Shear, the former CEO of Twitch, revealed early Monday morning that he was taking over as interim chief of the AI company.

Shear acknowledged that “the process and communications around Sam’s removal has been handled very badly” and “seriously damaged our trust,” and he announced plans to launch an independent investigation into Altman’s ouster in his first 30 days.

“Depending on the results [of] everything we learn from these, I will drive changes in the organization — up to and including pushing strongly for significant governance changes if necessary,” he said in a post on X. 

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“OpenAI’s stability and success are too important to allow turmoil to disrupt them like this,” Shear added.

Microsoft scoops up Altman, Brockman

Amid the turmoil, Microsoft Chairman and CEO Satya Nadella announced late Sunday night that Altman and Brockman would be joining Microsoft to lead a new advanced AI research team.

“We look forward to moving quickly to provide them with the resources needed for their success,” Nadella said in a post on X.

“We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners,” he added. “We look forward to getting to know Emmett Shear and [OpenAI’s] new leadership team and working with them.”

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Microsoft has reportedly invested $13 billion into OpenAI since 2019.

Hundreds of OpenAI employees threaten to quit

In the wake of Altman’s ouster, more than 700 employees at OpenAI are threatening to quit and follow the former CEO to Microsoft, unless the board resigns and reinstates Altman and Brockman, Wired reported.

“The process through which you terminated Sam Altman and removed Greg Brockman from the board has jeopardized all of this work and undermined our mission and company,” the employees wrote, according to Wired. “Your conduct has made it clear you did not have the competence to oversee OpenAI.”

The letter was signed by Murati, as well as Sutskever, the board member. Sutskever said in a post Monday that he “deeply” regrets his participation in the board’s recent actions and “never intended to harm OpenAI.”  

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“I love everything we’ve built together and I will do everything I can to reunite the company,” Sutskever said.

Amid the revolt at OpenAI, Microsoft on Tuesday appeared to be prepared to take employees up on their offer to follow Altman to the company. 

“To my partners at OpenAI: We have seen your petition and appreciate your desire potentially to join Sam Altman at Microsoft’s new AI Research Lab. Know that if needed, you have a role at Microsoft that matches your compensation and advances our collective mission,” Microsoft’s chief technology officer, Kevin Scott, said in a post on X.

​Technology, Business, News, Artificial Intelligence, ChatGPT, Emmett Shear, generative AI, Greg Brockman, Ilya Sutskever, Microsoft, Mira Murati, OpenAI The surprise ouster of OpenAI co-founder and former CEO Sam Altman has triggered widespread fallout at the artificial intelligence (AI) company behind the popular ChatGPT tool. Here’s what we know so far about the company’s messy split with Altman: OpenAI announces Sam Altman stepping down as CEO on Nov 17 The company made the surprise…  

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Google Accused Of Favoring White, Asian Staff As It Reaches $28 Million Deal That Excludes Black Workers

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Google has tentatively agreed to a $28 million settlement in a California class‑action lawsuit alleging that white and Asian employees were routinely paid more and placed on faster career tracks than colleagues from other racial and ethnic backgrounds.

How The Discrimination Claims Emerged

The lawsuit was brought by former Google employee Ana Cantu, who identifies as Mexican and racially Indigenous and worked in people operations and cloud departments for about seven years. Cantu alleges that despite strong performance, she remained stuck at the same level while white and Asian colleagues doing similar work received higher pay, higher “levels,” and more frequent promotions.

Cantu’s complaint claims that Latino, Indigenous, Native American, Native Hawaiian, Pacific Islander, and Alaska Native employees were systematically underpaid compared with white and Asian coworkers performing substantially similar roles. The suit also says employees who raised concerns about pay and leveling saw raises and promotions withheld, reinforcing what plaintiffs describe as a two‑tiered system inside the company.

Why Black Employees Were Left Out

Cantu’s legal team ultimately agreed to narrow the class to employees whose race and ethnicity were “most closely aligned” with hers, a condition that cleared the path to the current settlement.

The judge noted that Black employees were explicitly excluded from the settlement class after negotiations, meaning they will not share in the $28 million payout even though they were named in earlier versions of the case. Separate litigation on behalf of Black Google employees alleging racial bias in pay and promotions remains pending, leaving their claims to be resolved in a different forum.

What The Settlement Provides

Of the $28 million total, about $20.4 million is expected to be distributed to eligible class members after legal fees and penalties are deducted. Eligible workers include those in California who self‑identified as Hispanic, Latinx, Indigenous, Native American, American Indian, Native Hawaiian, Pacific Islander, and/or Alaska Native during the covered period.

Beyond cash payments, Google has also agreed to take steps aimed at addressing the alleged disparities, including reviewing pay and leveling practices for racial and ethnic gaps. The settlement still needs final court approval at a hearing scheduled for later this year, and affected employees will have a chance to opt out or object before any money is distributed.

H2: Google’s Response And The Broader Stakes

A Google spokesperson has said the company disputes the allegations but chose to settle in order to move forward, while reiterating its public commitment to fair pay, hiring, and advancement for all employees. The company has emphasized ongoing internal audits and equity initiatives, though plaintiffs argue those efforts did not prevent or correct the disparities outlined in the lawsuit.

For many observers, the exclusion of Black workers from the settlement highlights the legal and strategic complexities of class‑action discrimination cases, especially in large, diverse workplaces. The outcome of the remaining lawsuit brought on behalf of Black employees, alongside this $28 million deal, will help define how one of the world’s most powerful tech companies is held accountable for alleged racial inequities in pay and promotion.

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Luana Lopes Lara: How a 29‑Year‑Old Became the Youngest Self‑Made Woman Billionaire

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At just 29, Luana Lopes Lara has taken a title that usually belongs to pop stars and consumer‑app founders.

Multiple business outlets now recognize her as the world’s youngest self‑made woman billionaire, after her company Kalshi hit an 11 billion dollar valuation in a new funding round.

That round, a 1 billion dollar Series E led by Paradigm with Sequoia Capital, Andreessen Horowitz, CapitalG and others participating, instantly pushed both co‑founders into the three‑comma club. Estimates place Luana’s personal stake at roughly 12 percent of Kalshi, valuing her net worth at about 1.3 billion dollars—wealth tied directly to equity she helped create rather than inheritance.

Via Facebook

Kalshi itself is a big part of why her ascent matters.

Founded in 2019, the New York–based company runs a federally regulated prediction‑market exchange where users trade yes‑or‑no contracts on real‑world events, from inflation reports to elections and sports outcomes.

As of late 2025, the platform has reached around 50 billion dollars in annualized trading volume, a thousand‑fold jump from roughly 300 million the year before, according to figures cited in TechCrunch and other financial press. That hyper‑growth convinced investors that event contracts are more than a niche curiosity, and it is this conviction—expressed in billions of dollars of new capital—that turned Luana’s share of Kalshi into a billion‑dollar fortune almost overnight.

Her path to that point is unusually demanding even by founder standards. Luana grew up in Brazil and trained at the Bolshoi Theater School’s Brazilian campus, where reports say she spent up to 13 hours a day in class and rehearsal, competing for places in a program that accepts fewer than 3 percent of applicants. After a stint dancing professionally in Austria, she pivoted into academics, enrolling at the Massachusetts Institute of Technology to study computer science and mathematics and later completing a master’s in engineering.

During summers she interned at major firms including Bridgewater Associates and Citadel, gaining a front‑row view of how global macro traders constantly bet on future events—but without a simple, regulated way for ordinary people to do the same.

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That realization shaped Kalshi’s founding thesis and ultimately her billionaire status. Together with co‑founder Tarek Mansour, whom she met at MIT, Luana spent years persuading lawyers and U.S. regulators that a fully legal event‑trading exchange could exist under commodities law. Reports say more than 60 law firms turned them down before one agreed to help, and the company then spent roughly three years in licensing discussions with the Commodity Futures Trading Commission before gaining approval. The payoff is visible in 2025’s numbers: an 11‑billion‑dollar valuation, a 1‑billion‑dollar fresh capital injection, and a founder’s stake that makes Luana Lopes Lara not just a compelling story but a data point in how fast wealth can now be created at the intersection of finance, regulation, and software.

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Harvard Grads Jobless? How AI & Ghost Jobs Broke Hiring

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America’s job market is facing an unprecedented crisis—and nowhere is this more painfully obvious than at Harvard, the world’s gold standard for elite education. A stunning 25% of Harvard’s MBA class of 2025 remains unemployed months after graduation, the highest rate recorded in university history. The Ivy League dream has become a harsh wakeup call, and it’s sending shockwaves across the professional landscape.

Jobless at the Top: Why Graduates Can’t Find Work

For decades, a Harvard diploma was considered a golden ticket. Now, graduates send out hundreds of résumés, often from their parents’ homes, only to get ghosted or auto-rejected by machines. Only 30% of all 2025 graduates nationally have found full-time work in their field, and nearly half feel unprepared for the workforce. Go to college, get a good job“—that promise is slipping away, even for the smartest and most driven.​

Tech’s Iron Grip: ATS and AI Gatekeepers

Applicant tracking systems (ATS) and AI algorithms have become ruthless gatekeepers. If a résumé doesn’t perfectly match the keywords or formatting demanded by the bots, it never reaches human eyes. The age of human connection is gone—now, you’re just a data point to be sorted and discarded.

AI screening has gone beyond basic qualifications. New tools “read” for inferred personality and tone, rejecting candidates for reasons they never see. Worse, up to half of online job listings may be fake—created simply to collect résumés, pad company metrics, or fulfill compliance without ever intending to fill the role.

The Experience Trap: Entry-Level Jobs Require Years

It’s not just Harvard grads who are hurting. Entry-level roles demand years of experience, unpaid internships, and portfolios that resemble a seasoned professional, not a fresh graduate. A bachelor’s degree, once the key to entry, is now just the price of admission. Overqualified candidates compete for underpaid jobs, often just to survive.

One Harvard MBA described applying to 1,000 jobs with no results. Companies, inundated by applications, are now so selective that only those who precisely “game the system” have a shot. This has fundamentally flipped the hiring pyramid: enormous demand for experience, shrinking chances for new entrants, and a brutal gauntlet for anyone not perfectly groomed by internships and coaching.

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Burnout Before Day One

The cost is more than financial—mental health and optimism are collapsing among the newest generation of workers. Many come out of elite programs and immediately end up in jobs that don’t require degrees, or take positions far below their qualifications just to pay the bills. There’s a sense of burnout before careers even begin, trapping talent in a cycle of exhaustion, frustration, and disillusionment.

Cultural Collapse: From Relationships to Algorithms

What’s really broken? The culture of hiring itself. Companies have traded trust, mentorship, and relationships for metrics, optimizations, and cost-cutting. Managers no longer hire on potential—they rely on machines, rankings, and personality tests that filter out individuality and reward those who play the algorithmic game best.

AI has automated the very entry-level work that used to build careers—research, drafting, and analysis—and erased the first rung of the professional ladder for thousands of new graduates. The result is a workforce filled with people who know how to pass tests, not necessarily solve problems or drive innovation.

The Ghost Job Phenomenon

Up to half of all listings for entry-level jobs may be “ghost jobs”—positions posted online for optics, compliance, or future needs, but never intended for real hiring. This means millions of job seekers spend hours on applications destined for digital purgatory, further fueling exhaustion and cynicism.

Not Lazy—Just Locked Out

Despite the headlines, the new class of unemployed graduates is not lazy or entitled—they are overqualified, underleveraged, and battered by a broken process. Harvard’s brand means less to AI and ATS systems than the right keyword or résumé format. Human judgment has been sidelined; individuality is filtered out.

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What’s Next? Back to Human Connection

Unless companies rediscover the value of human potential, mentorship, and relationships, the job search will remain a brutal numbers game—one that even the “best and brightest” struggle to win. The current system doesn’t just hurt workers—it holds companies back from hiring bold, creative talent who don’t fit perfect digital boxes.

Key Facts:

  • 25% of Harvard MBAs unemployed, highest on record
  • Only 30% of 2025 grads nationwide have jobs in their field
  • Nearly half of grads feel unprepared for real work
  • Up to 50% of entry-level listings are “ghost jobs”
  • AI and ATS have replaced human judgment at most companies

If you’ve felt this struggle—or see it happening around you—share your story in the comments. And make sure to subscribe for more deep dives on the reality of today’s economy and job market.

This is not just a Harvard problem. It’s a sign that America’s job engine is running on empty, and it’s time to reboot—before another generation is locked out.

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