Microsoft Stock Surges on Wall Street Amid News of Sam Altman’s Involvement

Microsoft has made a significant move in the world of artificial intelligence by announcing the hiring of Sam Altman, co-founder and former number one of OpenAI, the start-up behind ChatGPT. The company announced the recruitment of several other key OpenAI employees for a new artificial intelligence research team, led by Altman and Greg Brockman.

The CEO, Satya Nadella, wrote on X that the mission continues and that he is confident in the roadmap they have established for their product. For his part, Emmett Shear told X that he accepted the position because he believes that OpenAI is one of the most important companies in existence today.

This announcement comes after a tumultuous weekend when OpenAI’s board of directors fired Sam Altman following “a deliberative review process by the board, which concluded that it was not always blunt in his communications, impeding his ability to fulfill his responsibilities.” The body no longer had “confidence in its ability to lead OpenAI,” it added.