Microsoft Mulls OpenAI Board Seat Amid Discussions For Sam Altman's Return As CEO
Portfolio Pulse from Benzinga Neuro
Microsoft Corp. (NASDAQ:MSFT) is reportedly considering a board role at OpenAI as discussions about Sam Altman's return as CEO progress. Microsoft's CEO Satya Nadella is involved in the negotiations, and the company may invest in Altman's new venture if his return to OpenAI is not possible. The situation reflects a potential shift in Microsoft's influence over OpenAI.
November 20, 2023 | 3:26 am
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Microsoft is considering a board role at OpenAI and may invest in Sam Altman's new venture if his return to OpenAI is not secured. CEO Satya Nadella's involvement suggests a strategic interest in OpenAI's operations.
Microsoft's potential board seat at OpenAI or investment in Altman's venture indicates a deepening relationship which could lead to strategic advantages and possibly more control over OpenAI's direction. This news may be viewed positively by investors as it suggests Microsoft is strengthening its position in AI, a key area of growth.
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