Connect with us

Hi, what are you looking for?

Investing

Microsoft scores its own ‘coup’ as OpenAI drama leaves it in a better spot than before

Microsoft Corp. has moved quickly to turn a negative into a positive, and that’s winning it Wall Street cheers Monday.

When news broke late Friday that OpenAI’s board had ousted Sam Altman as chief executive, Microsoft shares MSFT extended earlier declines as analysts wondered about the future of the ChatGPT parent company, which counts Microsoft as an investor and partner. Altman had been the face of OpenAI — and arguably of the entire recent artificial-intelligence frenzy.

But…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

Introduction One of the interesting elements of preferred shares in Canada is that some of the issues (and then predominantly preferred equity issued by...