New York CNN — Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI, will join the company to head its artificial intelligence innovation leg.
New York CNN — Microsoft stock reached a record high on Monday after the company said that Sam Altman, former chief executive of OpenAI, will join the company to head its artificial intelligence innovation leg.
To be fair, it hit an all time high two trading days before Altman was fired. Luckily the market was closed over the weekend, and the issue resolved in Microsoft’s favor before the market opened. Way cheaper to have the lead and a written intent from 80% of the brains stating desire to follow than having to license an external company.