'Microsoft Prepares For Influx Of OpenAI Employees' - Axios
Portfolio Pulse from Benzinga Newsdesk
Microsoft is preparing for the potential arrival of OpenAI employees by readying office space and resources in LinkedIn's San Francisco offices. This follows the announcement that Sam Altman and Greg Brockman are joining Microsoft to lead a new AI research team. Microsoft was surprised by Altman's firing from OpenAI but is open to him returning if the board is reconstituted. The company is setting up workspaces and providing legal and HR support for onboarding, and promises similar compensation for OpenAI employees joining Microsoft.
November 21, 2023 | 8:09 pm
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Microsoft is actively preparing for the integration of OpenAI employees, indicating a strategic move to strengthen its AI capabilities. The company's readiness to onboard OpenAI talent and the leadership of Altman and Brockman suggest a positive outlook for Microsoft's AI research and development efforts.
The preparation for OpenAI employees' integration into Microsoft, along with the leadership of Altman and Brockman, is likely to be viewed positively by investors. It signals Microsoft's commitment to advancing its AI technology, which could lead to innovative products and services, potentially increasing the company's competitive edge in the tech industry. This strategic move could have a favorable impact on Microsoft's stock price in the short term.
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