Sam Altman was reportedly fired as OpenAI CEO after losing the confidence of the artificial intelligence firm's board of directors. Yahoo Finance's Julie Hyman and Josh Lipton review Altman's role in 2023's AI hype cycle and what this news could mean for the AI landscape. For more expert insight and the latest market action, click here to watch this full episode of Yahoo … [Read more...]
Sam Altman, Microsoft, and, the future of AI: What investors need to know
Sam Altman's firing as OpenAI CEO by the company's board has handed Microsoft (MSFT) a new opportunity to gain a lead in the AI race — share prices climbed to an all-time high on Monday on news that Altman could be heading to Microsoft next. Macquerie Lead Software Equity Research Analyst Fred Havemeyer sits down with Yahoo Finance, commenting on what Altman "brings to the … [Read more...]
Microsoft made the most of the Sam Altman situation and came out looking good: portfolio manager
Alexander MacDonald, portfolio manager at GlobeInvest Capital Management, discusses the Microsoft-OpenAI-Sam Altman situation, and why he's investing in MSFT for non-AI reasons. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering … [Read more...]
Sam Altman-OpenAI: Microsoft now has ‘carte blanche’ to IP
OpenAI CEO Sam Altman was pushed out of his position last Friday by the company's board of directors. Altman was hired by Microsoft (MSFT) shortly after his firing. After what has been described as a "huge coup" at OpenAI, employees are similarly threatening to leave and work for Microsoft alongside Altman. NYU Professor of Technology, Operations, and Statistics Vasant Dhar … [Read more...]
Sam Altman joining Microsoft is a ‘huge coup’: Analyst
It was a whirlwind weekend at OpenAI after the board ousted CEO Sam Altman on Friday, which led to pleas from employees and investors to bring him back, only for him to join Microsoft (MSFT) early Monday morning after talks for him to return the company failed. RBC Capital Markets Software Equity Analyst Rishi Jaluria says the move is "a huge coup for Microsoft," and that … [Read more...]
Microsoft Taps Sam Altman to Lead In-House AI Team
Microsoft Corp. said that Sam Altman will join the company to lead its new in-house artificial intelligence team following his ouster from OpenAI last week. Tom Mackenzie reports on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: … [Read more...]
Gary Wang, Caroline Ellison cooperation ‘gives prosecutors real insight’ into FTX: Former prosecutor
Ian McGinley, Akin Gump Partner and Former SDNY Co-Chief of the Complex Frauds and Cybercrime Unit, joins Yahoo Finance Live to examine how Sam Bankman-Fried may be expected to testify following plea deal agreements from other FTX defendants. Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Subscribe to Yahoo … [Read more...]
SBF trial: What to expect from the testimony of Bankman-Fried’s former girlfriend
The trial for FTX founder Sam Bankman-Fried is underway with Caroline Ellison, former CEO of Alameda Research and Bankman-Fried's former girlfriend, set to testify in court on Tuesday. Ellison is expected to be a star witness for the prosecution, testifying against Bankman-Fried by detailing what she knows of the relationship between the hedge fund and FTX. Yahoo Finance Legal … [Read more...]
The Collapse Of FTX: Insiders Tell All | CNBC Documentary
Former billionaire, Sam Bankman-Fried, saw a meteoric rise as crypto's golden boy and an even more spectacular fall from grace as his $32 billion cryptocurrency exchange, FTX, collapsed in a matter of days. FTX customers and investors around the world watched in shock as a single tweet ignited a series of events that ended with the former crypto titan facing a dozen federal … [Read more...]
FTX: the legend of Sam Bankman-Fried | FT Film
FTX, Sam Bankman-Fried's cryptocurrency exchange, exploded onto the scene in just a few years. Endorsed by celebrities and accepted by the establishment, it attracted big-name investors and was valued at $32bn before it collapsed in a matter of days. Regulators fell for it, venture capitalists fell for it, celebrities fell for it - everyone fell for the legend of Sam #FTX … [Read more...]