November 20, 2023
2 mins read

Nadella Welcomes Altman and Brockman to Microsoft

On Friday, Sam Altman, the CEO and co-founder of OpenAI, the organization responsible for ChatGPT, made a sudden and unexpected departure…reports Asian Lite News

In a statement on Monday, Microsoft Corporation’s Chairman and CEO, Satya Nadella, announced that Sam Altman, recently removed as OpenAI CEO, along with Greg Brockman and their team, will be joining Microsoft to spearhead a new research team focused on advanced AI..

“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 tweeted.

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

“We look forward to moving quickly to provide them with the resources needed for their success.”

Cloud will be foundational to scaling India’s digital journey: Satya Nadella

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 had in a blog post on Friday announced 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. (ANI)

ALSO READ: Forbes Middle East 30 Under 30 Celebrates Impactful Young Leaders

ALSO READ: ‘If Altman returns as CEO, OpenAI board will be gutted’

Previous Story

Palestinian death toll in Gaza surpasses 13,000

Next Story

US Ambassador’s Departure Amid Elections ‘Unfortunate,’ Says Bangladesh

Latest from Business

IMEC Touted as Game-Changer for India’s Growth

The event brought together experts from the governments, academia, industry and private businesses across the globe…reports Asian Lite News The India-Middle East-Europe Economic Corridor (IMEC) has the potential to be a “game-changer”

Accel Puts India’s AI Power in the Spotlight

Under the theme “Engineering India’s AI Advantage,” the exclusive, invite-only event will bring together leading AI founders, researchers, tech CXOs, policymakers, and global investors….reports Asian Lite News Global venture capital firm Accel

Nvidia slams US chip export curbs as ‘failure’

Jensen Huang said the US move has backfired by accelerating China’s self-sufficiency in semiconductors and diminishing American dominance in the global chip market…reports Asian Lite News Nvidia CEO Jensen Huang has sharply

SEBI Warns on Strata Exit

Strata was one of the first platforms to register under SEBI’s newly introduced SM REIT framework, which was designed to regulate fractional ownership in real estate and allow investors to pool capital
Go toTop

Don't Miss

Microsoft launches robust AI ‘small language model’ for researchers

Phi-2 is an ideal playground for researchers, including for exploration

Microsoft faces heat from US Congress over cybersecurity

Microsoft President Brad Smith spent more than three hours answering