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'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...]

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...]

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...]

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...]

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...]