This is the best summary I could come up with:

But seeing as the board has already made its choice, deciding to remain in place and naming a new CEO, while Altman and Brockman head to Microsoft, it seems that Microsoft may have just found Altman’s first several hundred employees, assuming they’re correct about the company’s promise to hire them all.

The letter appears to have been written before the events of last night, suggesting it has been circulating since closer to Altman’s firing.

Microsoft has now created a special “advanced AI research team” to house a number of former OpenAI employees, with Altman offered a CEO title to lead the division.

He will take over from Mira Murati, who was named interim OpenAI CEO following Altman’s shock firing on Friday.

Microsoft’s new advanced AI research team, led by Altman and Brockman, comes just a week after Microsoft announced it has built its own custom AI chip that can be used to train large language models and potentially avoid a costly reliance on Nvidia.

Altman had been reportedly pitching a separate startup to build custom, Nvidia-rivaling AI tensor processing unit (TPU) chips to investors recently, according to The New York Times.

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