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BlockNews
Home BREAKING NEWS

Breaking: Microsoft Hires Ex-OpenAI CEO Sam Altman to Spearhead Advanced AI Research Group

BlockNews.com Team by BlockNews.com Team
November 20, 2023
in BREAKING NEWS, TECHNOLOGY
Reading Time: 3 mins read
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  • Microsoft hired former OpenAI CEO Sam Altman and CTO Greg Brockman to lead a new advanced AI research group, after Altman’s controversial firing from OpenAI over the weekend.
  • The hiring reinforces Microsoft’s strength in AI, retaining OpenAI’s top talent and preventing competitors from gaining their expertise. Investors praised Microsoft’s speed in executing this strategic move.
  • Despite hiring away OpenAI’s leadership, Microsoft remains committed to its partnership with OpenAI. The firms will continue their collaboration, with Microsoft owning almost 50% of OpenAI.

Microsoft has made a major move in the AI space, hiring ex-OpenAI leaders Sam Altman and Greg Brockman to head up a new advanced AI research group. This comes after a tumultuous weekend that saw Altman abruptly fired as CEO of OpenAI.

Altman and Brockman Join Microsoft

Microsoft CEO Satya Nadella announced that Altman will serve as CEO of the new Microsoft AI group. Brockman and other former OpenAI team members will also be joining. Nadella said Microsoft will give the team space to build an independent identity and culture. This move allows Microsoft to retain OpenAI’s top talent after the controversial firing of Altman.

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

Reaction to the Hiring

The hiring of Altman and Brockman reinforces Microsoft’s strength in AI. Many see it as a strategic move to prevent competitors from gaining OpenAI’s expertise. Investors and entrepreneurs have praised Nadella for the speed of execution. The news boosted positive outlook for Microsoft on Wall Street.

Microsoft’s Commitment to OpenAI

Despite hiring away OpenAI’s top talent, Microsoft remains committed to its partnership with OpenAI. Nadella expressed confidence in OpenAI’s new interim CEO Emmett Shear. Microsoft has invested over $10 billion in OpenAI and owns almost 50% of the company. The firms will continue their collaboration.

Looking Ahead

Microsoft’s new AI team led by Altman and Brockman will focus on groundbreaking research. Altman, Brockman and Nadella have all expressed excitement about the future potential. With OpenAI’s key talent on board, Microsoft is positioned to be a leader in the race to develop advanced AI.

Conclusion

Microsoft’s hiring of Altman and Brockman caps a whirlwind few days in the AI world. It represents a major consolidation of talent and research under one roof. All eyes will be on what innovations this new Microsoft group can achieve going forward. For now, Microsoft appears to have strengthened its hand considerably in the high-stakes competition to dominate artificial intelligence.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: MicrosoftOpenAIsam altman
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BlockNews.com Team

BlockNews.com Team

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