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Satya and my top priority remains to ensure OpenAI thrives: Sam Altman

by Index Investing News
November 21, 2023
in Financial
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On teaming up with Microsoft, recently ousted OpenAI CEO Sam Altman has said that the top priority for Satya Nadella and him would remain to ensure that Open AI continues to thrive.


He said that the OpenAI and Microsoft partnership will make this very doable.


In a post on social media platform X (formerly Twitter), Sam Altman wrote, “Satya and my top priority remains to ensure OpenAI continues to thrive. We are committed to fully providing continuity of operations to our partners and customers.”


“The OpenAI/Microsoft partnership makes this very doable,” he added.


Microsoft Corporation Chairman and CEO, Satya Nadella said on Monday that the just-ousted OpenAI CEO Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team.


“We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners,” Nadella posted on his X timeline.


“We look forward to getting to know Emmett Shear and OAI’s new leadership team and working with them,” Nadella wrote on X.


Shear has reportedly been appointed as OpenAI’s interim CEO.


On Friday, in a surprising move, Altman, the CEO and co-founder of OpenAI, the organisation behind ChatGPT, left the artificial intelligence company and resigned from its board with immediate effect. This unexpected departure sent shock waves through the technology industry.


The company announced in a blog post on Friday that OpenAI’s board no longer has confidence in Altman’s ability to lead the organisation.


The blog post also announced that Greg Brockman, another co-founder of OpenAI, would step down as the chair of the company’s board but remain with the organisation.


The post said that Altman’s departure came after “a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities.”


Since the introduction of ChatGPT, major tech companies have strived to compete with OpenAI, and world leaders have sought Altman’s insights and investments.


Originally established as a nonprofit in 2015, OpenAI aimed to prevent advanced AI from falling into the hands of monopolistic corporations. However, after receiving a significant investment from Microsoft in 2019, the company transitioned to a for-profit structure.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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