'Sam Altman Is Still Trying To Return As OpenAI CEO; Altman's Move To Microsoft Isn't A Done Deal, And Ilya Sutskever's Flip To Supporting Altman Means Two Board Members Need To Change Their Minds.' - The Verge
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Sam Altman is reportedly attempting to return as CEO of OpenAI, with the situation at the company remaining unresolved. Despite earlier reports of Altman's move to Microsoft, this transition is not yet finalized. OpenAI's board dynamics are in flux, with Ilya Sutskever, a board member and chief scientist, now supporting Altman. Only two of the three remaining board members need to change their stance for Altman's return to be possible. Altman hinted at ongoing efforts to work together in a recent post on X. Microsoft has declined to comment on the situation.
November 20, 2023 | 7:05 pm
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Microsoft's potential hiring of Sam Altman is not confirmed as Altman is still involved in the power struggle at OpenAI. The situation suggests uncertainty regarding his role at Microsoft.
The news indicates that Sam Altman's hiring by Microsoft is not a certainty, which could lead to short-term uncertainty for MSFT stock. However, since the outcome is still pending and the direct impact on Microsoft's operations or financials is not clear, the effect on the stock price is likely to be neutral in the short term.
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