This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
20.11.2023 - 11:01 / wccftech.com / Sam Altman / Satya Nadella / Greg Brockman / Ai
After Sam Altman’s Interim CEO replacement was announced, Microsoft’s Chief Executive Satya Nadella came in with a surprise on X, stating that while the software giant and OpenAI will continue to have a strong working relationship, there are other changes that will happen at the company, starting with the formation of an advanced AI research team. Along with a few other colleagues, Sam Altman and Greg Brockman, both co-founders of OpenAI, have joined Microsoft to lead this team, securing quick employment after their abrupt departure from one of the world’s fastest-growing technology companies.
The firing of Sam Altman was received as a sudden shock in the technology sector, and his removal as CEO was followed by resignations from other OpenAI employees, including Greg Brockman. Fortunately, both individuals have secured work with Microsoft. Along with teaming up with other former OpenAI employees, they will form an advanced AI research team, though Nadella was not keen on sharing information regarding the next product or service that will materialize as a result of this new team.
Microsoft CEO does mention on the micro-blogging social network that the software behemoth will get to know new OpenAI CEO Emmett Shear and will work together to ensure that both entities are committed towards innovation and reaching their desired goals. Based on Nadella’s words, he appears to show confidence in the new leadership, though it is unconfirmed if the new advanced AI research team at Microsoft will work closely with OpenAI or if they have other plans.
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. We look forward to getting to know Emmett…
— Satya Nadella (@satyanadella) November 20, 2023
Internally, it is unclear if Sam Altman’s departure was met with animosity by him, so we cannot comment on whether that element of ‘bad blood’ will remain between him, Greg Brockman, the new OpenAI interim CEO, and other executives. Regardless, we can assume all individuals to adhere to a certain degree of professionalism and not let past transgressions get in the way of future progress.
News Source: Satya Nadella
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
OpenAI has been through a lot of dramatic changes over these past few weeks with the board members firing the company CEO Sam Altman. While the feud did not last long and Altman eventually made his way back as OpenAI CEO, the company has made significant changes in their board with three new members and Microsoft is also getting a seat on the board, however, as a silent member. Check Microsoft's role in the OpenAI board and how it will function to ensure the company's success.
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Sam Altman and members of the OpenAI board have opened negotiations aimed at a possible return of the ousted co-founder and chief executive officer to the artificial intelligence company, according to people with knowledge of the matter.
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.
Following a surprise ouster, OpenAI co-founder and former CEO Sam Altman joined Microsoft as the head of artificial intelligence research along with the ChatGPT maker's former President Greg Brockman and other staff. The developments come less than a year after OpenAI kicked off the generative AI frenzy with the launch of viral chatbot ChatGPT and bagged Microsoft as an investor, among other big names.
It is day 5 of the OpenAI saga, and it is still delivering shocking twists and turns. When everyone thought Sam Altman, the ousted CEO of OpenAI, would join Microsoft and lead their AI division, CEO Satya Nadella gave cryptic interviews suggesting he wasn't sure where Altman would end up. Sprinkle in Ilya Sutskever's post expressing regret over participation in the board's actions and the threats of mass resignation from more than 500 employees of OpenAI, and you have a tale that will be remembered in Silicon Valley for decades to come.
Microsoft Corp. said that Sam Altman will lead the software developer's new in-house artificial intelligence team after the OpenAI co-founder was ousted from his startup last week, a bid to shore up Microsoft's AI plans and reassure investors.
Over the weekend, OpenAI CEO Sam Altman was suddenly ousted from his position and has since jumped over to Microsoft. His abrupt leave from the generative AI company was the start to a tumultuous series of events that throws the future of OpenAI into question.