Microsoft hires former OpenAI CEO Sam Altman

Microsoft hires former OpenAI CEO Sam Altman

In a significant development in the tech industry, Microsoft has hired former OpenAI CEO Sam Altman and co-founder Greg Brockman to lead a new cutting-edge AI research team. This move follows Altman’s unexpected dismissal from OpenAI, where the board reportedly lost confidence in his ability to continue leading the company. Microsoft CEO Satya Nadella expressed his enthusiasm for having Altman and Brockman on board, emphasizing the company’s commitment to providing them with the necessary resources for success​​.

Altman, recognizing the significance of this new role, remarked, “The mission continues.” His involvement with OpenAI, particularly with projects like ChatGPT, was a substantial investment for Microsoft, totaling $13 billion and constituting nearly half of OpenAI’s ownership. Nadella had previously assured Altman of support in his future endeavors, highlighting the long-term strategic nature of their relationship​​.

The sequence of events leading to Altman’s shift to Microsoft included failed negotiations to reinstate him as CEO of OpenAI. Despite efforts over the weekend, OpenAI’s four-person board did not resign to allow his return, as reported by multiple sources. Altman’s appointment at Microsoft occurred just hours after these unsuccessful talks​​.

In the wake of Altman’s departure from OpenAI, Emmett Shear, the former Twitch CEO and co-founder, has been reportedly named as the interim CEO. Shear replaced Mira Murati, who served briefly as OpenAI’s interim CEO after Altman’s termination. Although OpenAI has not officially confirmed Shear’s appointment, the developments indicate a likely announcement about a new leadership structure at OpenAI in the near future​​.

This move by Microsoft, acquiring the expertise of Altman and Brockman, is a strategic step in reinforcing its position in the AI sector. It reflects the company’s continued investment in AI innovation and its commitment to being at the forefront of technological advancements.

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Victor Dsouza is Crypto Journalist. He is keen to write about crypto tokens, crypto presale, you can follow him on twitter and LinkedIn.

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