PlayIconNav
BTC
$66,648.08-2.43%
ETH
$3,469.71-2.46%
BNB
$596.98-3.52%
SOL
$146.80-5.09%
XRP
$0.47769297-2.65%
DOGE
$0.14107501-3.52%
CD20
$2,252.36-3.05%
TON
$7.82+3.29%
ADA
$0.42061753-3.99%
SHIB
$0.00002115-4.42%
AVAX
$31.05-7.00%
WBTC
$66,679.21-2.52%
Ad
Finance

Sam Altman, Former OpenAI CEO, Lands at Microsoft

Altman and other departed OpenAI staff will join a new advanced AI research team at the software giant.

By Sam Reynolds
AccessTimeIconNov 20, 2023 at 9:11 a.m. UTC
Updated May 29, 2024 at 4:46 p.m. UTC
(Microsoft)
(Microsoft)

Sam Altman, the former CEO of OpenAI, Greg Brockman, the company's co-founder and president, and other former staff members will be joining Microsoft, the software giant's CEO Satya Nadella said in a post on X.

VolumeMuteUnmute

Mona Founder on Future of the Metaverse

  • Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
    01:49
    Fed Sees Just One Rate Cut This Year; CRV Slides as Curve’s Founder Faces Liquidation Risk
  • What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
    00:50
    What's Next for Bitcoin After Fed Predicts Just One Rate Cut for 2024
  • Litecoin Creator Charlie Lee on Company Evolution
    09:05
    Litecoin Creator Charlie Lee on Company Evolution
  • U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'
    01:45
    U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'

    • Altman left OpenAI last week after the board said it no longer had confidence in him to continue leading the company. Brockman announced his resignation shortly after Altman was ousted. Altman will lead a new advanced AI research team, Nadella said.

    OpenAI's major investors, led by Nadella, reportedly pushed to reinstate Sam Altman as CEO and replace the current board, following the unexpected firing, with intense negotiations involved in the process.

    "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," Nadella said in a post directed at Altman.

    Nadella said that Microsoft remains committed to its partnership with OpenAI, and looks forward to getting to know new CEO Emmet Shear and working with the company.

    Worldcoin (WLD), the cryptocurrency of one of Altman's other projects, is up over 10% on the news, according to CoinDesk Indices data.

    Edited by Sheldon Reback.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.