HomeAmericasBusinessSatya Nadella Hires Sam Altman, Fired CEO Of  ChatGPT Developer

Satya Nadella Hires Sam Altman, Fired CEO Of  ChatGPT Developer

Satya Nadella Hires Sam Altman, Fired CEO Of  ChatGPT Developer

Photo: @sama

SAN FRANCISCO, CA – (IANS) Putting an end to the high-voltage drama that started last November 17, Microsoft Chairman and CEO Satya Nadella on November 20 announced to hire former OpenAI CEO Sam Altman and co-founder Greg Brockman to help the company pursue its advanced AI dreams with a new vertical, also called ‘Sam’.

Altman, who was fired by OpenAI last week, was in discussions with the company’s board for a re-entry but the deal fell apart and the ChatGPT developer hired former Twitch CEO Emmett Shear as interim CEO.

Nadella said they are “extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team. We look forward to moving quickly to provide them with the resources needed for their success.”

Nadella further said that he is super excited to have Altman join as CEO of this new group called “Sam”, setting a new pace for innovation.

“We’ve learned a lot over the years about how to give founders and innovators space to build independent identities and cultures within Microsoft, including GitHub, Mojang Studios, and LinkedIn, and I’m looking forward to having you do the same,” he added.

Ending the intense drama after a weekend of negotiations to potentially bring Altman back to OpenAI, Nadella said that Microsoft remains committed to its partnership with OpenAI and has confidence in its product roadmap, its ability to continue to innovate with everything it announced at the ‘Microsoft Ignite’ event.

“We look forward to getting to know Emmett Shear and OpenAI’s new leadership team and working with them,” said Nadella.

Altman replied: “The mission continues”.

Microsoft has invested more than $10 billion in OpenAI.

In January this year, it announced the third phase of its long-term partnership with OpenAI through a multiyear, multibillion dollar investment to accelerate AI breakthroughs to ensure these benefits are broadly shared with the world.

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  • I am proud of Satya Nadella ‘s creative and outstanding leadership in attracting the best expertise in the world to contribute to the growth of Microsoft. Microsoft was a “sitting pretty” stock for several years before Satya Nadella took over. I think it has moved up several times. Today the stock made a new high hitting almost 3 trillion dollars. Congratulations to Satya Nadella and Microsoft.

    November 20, 2023
  • Satya Nadella is a visionary who has been able to grow Microsoft with leaps and bound. Good luck to him.

    November 21, 2023
  • Sam Altman’s back. Here’s who’s on the new OpenAI board and who’s out
    PUBLISHED WED, NOV 22 202311:35 AM EST (CNBC)

    “After a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Three new board members have replaced the previous leadership that ousted Altman.

    OpenAI’s new board doesn’t appear to be fully built. Negotiations are reportedly underway to install representation from Microsoft
    , which has invested billions of dollars in OpenAI, or other major investors.

    There’s a notable change in the board’s experience. The previous board included academics and researchers, but OpenAI’s new directors have extensive backgrounds in business and technology.

    Microsoft CEO Satya Nadella said in an interview with CNBC earlier this week that governance at OpenAI needed to change. Nadella said Wednesday he is “encouraged” by the changes to the company’s board, according to a post on X, formerly known as Twitter.

    “We believe this is a first essential step on a path to more stable, well-informed, and effective governance,” he said.

    Microsoft, Sequoia Capital, Thrive Capital, and Tiger Global are among the OpenAI investors that lack representation on the board but had been pushing to reinstate Altman, as CNBC previously reported.

    Here’s who’s in, who’s out, and what the changes may mean.…”

    November 22, 2023

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