newt@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agoSam Altman to Return to OpenAI as CEOtwitter.comexternal-linkmessage-square3fedilinkarrow-up161arrow-down114 cross-posted to: hackernews@derp.foo
arrow-up147arrow-down1external-linkSam Altman to Return to OpenAI as CEOtwitter.comnewt@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agomessage-square3fedilink cross-posted to: hackernews@derp.foo
minus-squarescarabic@lemmy.worldlinkfedilinkEnglisharrow-up9·1 year agoWell, this little episode will make their relationship to 49% shareholder Microsoft more… interesting.
minus-squarescarabic@lemmy.worldlinkfedilinkEnglisharrow-up4·edit-21 year agoSo Altman was ousted on Nov. 17, just five days ago. Here is Microsoft’s stock performance over the whole last month: Steadily rising the entire time. It’s hard to say if this did anything for MSFT in the end. Nadella did look really smart for about a day. But now he’s got to carry on as, supposedly, OpenAI’s biggest investor and corporate sponsor. But he just tried to basically steal the company. Granted, it was only because of the stupidity of OpenAI’s board, which was an unforced error and not Nadella’s doing.
Well, this little episode will make their relationship to 49% shareholder Microsoft more… interesting.
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So Altman was ousted on Nov. 17, just five days ago. Here is Microsoft’s stock performance over the whole last month:
Steadily rising the entire time. It’s hard to say if this did anything for MSFT in the end. Nadella did look really smart for about a day.
But now he’s got to carry on as, supposedly, OpenAI’s biggest investor and corporate sponsor. But he just tried to basically steal the company.
Granted, it was only because of the stupidity of OpenAI’s board, which was an unforced error and not Nadella’s doing.