Cardano's Charles Hoskinson Invites Sam Altman For A Collab, But Microsoft Was Quicker To Get Ex-OpenAI CEO Onboard
Portfolio Pulse from Mehab Qureshi
Charles Hoskinson, founder of Cardano, invited former OpenAI CEO Sam Altman to collaborate on a decentralized large language model project that could integrate with Cardano's Partner Chain ecosystem. Meanwhile, Microsoft has already brought Altman and Greg Brockman onboard to lead a new advanced AI research team after Altman's departure from OpenAI. ADA's price was up 6% at the time of reporting.
November 20, 2023 | 10:32 am
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POSITIVE IMPACT
Cardano's price increased by 6% following the news of Charles Hoskinson's invitation to Sam Altman for a potential collaboration on a decentralized large language model project.
The outreach by Cardano's founder to Sam Altman for collaboration on a decentralized AI project could generate excitement among investors and crypto enthusiasts, contributing to a short-term positive impact on ADA's price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Microsoft has added former OpenAI CEO Sam Altman and co-founder Greg Brockman to its team to lead a new advanced AI research team. This strategic move could bolster Microsoft's position in AI research and development.
The addition of high-profile figures like Sam Altman and Greg Brockman to Microsoft's AI research team is likely to be viewed positively by investors, potentially leading to a short-term positive impact on MSFT's stock price due to the expected boost in AI capabilities and innovation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80