OpenAI, Sam Altman enter talks after potential staff mutiny

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After Microsoft's (MSFT) recruiting of former OpenAI CEO Sam Altman since his departure from OpenAI last week, over 700 employees from OpenAI sent a letter to the board demanding that OpenAI’s remaining board members resign or those OpenAI employees will join Altman at Microsoft. According to Bloomberg, Altman, Interim CEO Emmett Shear, and board member Adam D'Angelo, have begun discussions to potentially reinstate Altman. Wall Street Journal Tech Reporter Dan Gallagher joins Yahoo Finance to discuss the talks at OpenAI and what are some of the possible outcomes of the entire situation. "It's pretty clear that the only way Sam Altman is going to go back is if things are changed structurally at OpenAI so this kind of situation doesn't happen again. So if he doesn't, they don't come to some agreement like they may keep their structure but OpenAI sounds like it may largely cease to exist at least in the way it has been," Gallagher speculates. "If Altman goes back then, yeah, it's interesting because what do Microsoft and the other investors do to say, 'hey, we'd like actually to have some say here. We'd like to have some protection for us,' and can they get that?" For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #OpenAI #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, inter

Published 2023-11-21 · Watch on YouTube ↗
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