747 Of 770 OpenAI Employees, Including The One Who Fired Him, Ask The Board To Resign And Bring Back Sam Altman
Portfolio Pulse from Rounak Jain
OpenAI is experiencing internal strife as employees, including high-level executives, are protesting against the board's refusal to bring back Sam Altman and Greg Brockman, who have been hired by Microsoft Corp. (NASDAQ:MSFT). Microsoft, led by CEO Satya Nadella, holds a 49% stake in OpenAI. The protest involves employees quitting or voicing their discontent, with CTO Mira Murati and COO Brad Lightcap among those supporting Altman and Brockman. The future direction of OpenAI amidst this turmoil is uncertain.
November 20, 2023 | 1:10 pm
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Microsoft Corp. has hired former OpenAI leaders Sam Altman and Greg Brockman amidst internal protests at OpenAI. Microsoft is the largest investor in OpenAI with a 49% stake.
The hiring of Sam Altman and Greg Brockman by Microsoft could be seen as a strategic move, potentially strengthening Microsoft's position in AI. The internal strife at OpenAI may also lead to increased influence or control by Microsoft, given its significant stake in the company. This could be perceived positively by investors in the short term, as it suggests Microsoft is consolidating its AI capabilities and leadership.
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