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re: Sam Altman not returning to OpenAI. Hired by Microsoft to start new team

Posted on 11/20/23 at 8:21 am to
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61462 posts
Posted on 11/20/23 at 8:21 am to
quote:

So the goal is still to have Sam return to OpenAI. Microsoft, I assume, is stabilizing the Monday market with its hire announcement.



Because at the end of the day they need money to fund their dreams.

Posted by SlimTigerSlap
Member since Apr 2022
4313 posts
Posted on 11/20/23 at 10:22 am to
quote:

Microsoft's stock price hit an all-time high Monday, as investors reacted to former OpenAI CEO Sam Altman joining the Big Tech giant.

Shares climbed as much as 2% to $377.10 before paring to a 1% gain around 10:30 a.m. ET on. That increase added $54 billion of market value to the tech giant and extended its torrid year-to-date stock gain to 57%.
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