Sam Altman to lead Microsoft’s new AI team
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 20 November 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
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Transcript
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| 0:00.0 | There's a holiday this week, so it's going to be a quiet one, they said. |
| 0:04.0 | Ah, but it's 2023, so anything could happen. |
| 0:08.0 | Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:15.2 | Good morning. Today is Monday, November 20th. I'm Julie Morgan. |
| 0:19.7 | Microsoft is up more than 2% pre-market after its CEO announced that Sam Altman would be joining the team. |
| 0:27.0 | The CEO of GM's Cruz has stepped down and Nokia expands its partnership with Globe Telecom. |
| 0:35.0 | If this was late Friday afternoon, I'd be telling you that Sam Altman, the CEO of Microsoft |
| 0:41.3 | backed open AI, has been fired and that Greg Brockman, president of Open |
| 0:46.1 | AI, had also left the company. |
| 0:48.3 | If it was Saturday evening, I'd be saying that reports say the board is looking at bringing Sam Altman back. |
| 0:55.0 | But it's Monday morning and all of that is out the window and Emmett Sheer has been named |
| 1:00.0 | interim CEO of Open AI. |
| 1:02.6 | And according to a statement from Microsoft CEO Satya Nadella on X, |
| 1:07.5 | the social media network formerly known as Twitter, Altman and Brockman, |
| 1:12.3 | will be joining Microsoft to lead a new advanced AI research team. |
| 1:17.0 | He also noted that Microsoft will continue to work with Open AI. |
| 1:22.0 | Emmett Sheer is the former CEO of Twitch. |
| 1:25.0 | But how did we get here? |
| 1:27.0 | Well Friday we learned that the board had fired Altman |
| 1:30.0 | and that Mira Marotti had been appointed as interim CEO. |
| 1:33.8 | Marotti is the chief technology officer at Open AI. |
| 1:37.6 | There was a blog post on the company's website that said in part |
... |
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