Search results for "big tech"

OpenAI: Will Microsoft Move from Shareholder to Owner?

At a board meeting last week at OpenAI, Sam Altman was presenting a strategy that would reverse the losses of ChatGPT and render a profit within three months. It involved a cost-sharing idea whereby the AI tool would prioritise information linked to participating, fee-paying commercial partners. This would achieve one significant goal. Namely, the major […]

Former OpenAI Chief, Sam Altman, Will Join Microsoft

Sam Altman, former head of OpenAI, is set to join Microsoft to lead a new advanced AI research division, announced Satya Nadella, Microsoft’s CEO, on the social platform X. The announcement came as an attempt to quash rumors of Altman’s potential return to OpenAI, following his dismissal on Saturday. Emmett Shear, previously the CEO of […]

Why was Altman Ousted from OpenAI?

In the world of AI development, things tend to happen really quickly. Well, that’s the impression the media has created. This latest turn of events is no different. Sam Altman, the new kid in cyber town, has suddenly packed up his little cardboard box full of personals and snuck out the back door of Open […]