• scarabic@lemmy.world
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    1 year ago

    Well, this little episode will make their relationship to 49% shareholder Microsoft more… interesting.

    • aida@lemm.ee
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      1 year ago

      win-win for microsoft. Their stonks raise up overnight with the supposed Altman’s hiring and OpenAI (their investment) wont fall.

      • scarabic@lemmy.world
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        1 year ago

        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.