Microsoft has hired Sam Altman, former CEO of OpenAI, to lead a new advanced artificial intelligence (AI) research team.
This move comes after Altman’s departure from OpenAI, where over 500 employees threatened to resign and join him at Microsoft if he is not reinstated
Microsoft, being OpenAI’s largest shareholder with a $13 billion investment, has welcomed Altman and Greg Brockman, OpenAI’s former President and Board Chair, to lead the new AI research team.
Microsoft CEO Satya Nadella expressed excitement about this development and mentioned providing the necessary resources for their success. Shares of Microsoft rose 1.5% after the announcement.
