GMBStaff

 21 Nov 23

tl;dr

Sam Altman, co-founder ousted as CEO of OpenAI, is in discussions to return to the company's board, possibly alongside other investors. The situation remains uncertain as the majority of OpenAI staff has threatened to quit if Altman and another co-founder are not reinstated. Microsoft CEO Satya Nade...

Sam Altman, co-founder ousted as CEO of OpenAI, is in discussions to return to the company's board, possibly alongside other investors. The situation remains uncertain as the majority of OpenAI staff has threatened to quit if Altman and another co-founder are not reinstated. Microsoft CEO Satya Nadella has expressed interest in working with Altman despite the ongoing turmoil. Interim CEO Emmett Shear has indicated he may not stay with the company if the board cannot provide a clear reason for Altman's removal.

More about Microsoft Corporation

Key financial metrics for Microsoft Corporation include a total revenue of $280.52 billion, a net income margin of 10.31%, and a market capitalization of $2.1831 trillion. The stock performance shows a current stock price of $369.39 with a 0.272% dividend yield and a 0.128% return on equity. The market sentiment towards Microsoft is positive given its ranking as the world's largest software maker by revenue and its position as one of the Big Five companies in the U.S. information technology industry.

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