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OpenAI says Sam Altman exits as CEO after board loses confidence

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CNBC's Steve Kovach joins 'Closing Bell' to report on OpenAI’s board of directors saying Sam Altman will step down as CEO and will be replaced by chief technology officer Mira Murati. Closing Bell,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance news,money,money tips,financial news,stock market … [Read more...]

BLINDSIDE: The Takeover of OpenAI & ChatGPT.

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Microsoft ‘decided the reward was worth the risk’ by hiring Sam Altman, says Axios’ Dan Primack

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Dan Primack, Axios business editor, joins 'Squawk Box' to discuss shake-up at OpenAI,  after CEO Sam Altman was removed from his role by the company's board and subsequently hired by Microsoft, what it means of the A.I. and tech community at large, and more. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world … [Read more...]

Sam Altman, Microsoft, and, the future of AI: What investors need to know

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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...]

Sam Altman-OpenAI: Microsoft now has ‘carte blanche’ to IP

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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

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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 has the resources for Sam Altman to do the kinds of things he wants to do, says Kate Clark

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Kate Clark, The Information deputy bureau chief, joins 'Squawk Box' to discuss the turmoil at OpenAI, after hundreds of OpenAI employees have reportedly signed a letter demanding the board resign or face an employee exodus to Sam Altman’s new venture at Microsoft. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us … [Read more...]