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↗️ [**Microsoft (MSFT)**](https://www.wsj.com/market-data/quotes/MSFT): The software giant [said](https://www.wsj.com/tech/ai/openai-leadership-hangs-in-balance-as-sam-altmans-counte-rebellion-gains-steam-47276fa8) it hired Sam Altman, days after he was ousted as chief executive of OpenAI, to lead a new artificial-intelligence research team...
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Microsoft is the real winner of the OpenAI chaos that reigned over the weekend, and its rallying stock price is indicative of that. Upon the shocking news that OpenAI's board had unexpectedly fired CEO Sam Altman on Friday, reportedly to due internal strife over OpenAI's direction, Microsoft stock dropped more than 2 percent in after-hours trading, potentially wiping out tens of millions in market value. But after Microsoft CEO Satya Nadella announced early Monday morning the company has now hir...
Continue ReadingThe firing of OpenAI CEO Sam Altman took most of the AI and tech community off guard. His next move could make waves for certain tech-titans depending on where he lands next...
Continue ReadingAmazon (NASDAQ: AMZN) founder Jeff Bezos once said, "Your margin is my opportunity." Today, the e-commerce giant helmed by Andy Jassy is on a path to generating better profit margins than it has in its history. Amazon's North American business, accounting for over 60% of the company's revenue, has improved its operating margin for six straight quarters...
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These companies have solid positions in multiple areas of tech and are excellent options to invest in the high-growth industry...
Continue ReadingThe Dow Jones rose Monday, as Wall Street prepares for Tuesday's Fed minutes. Nvidia stock is one of the best stocks to buy and watch...
Continue ReadingChatGPT maker OpenAI instituted a major governance change over the weekend. The move will likely have major implications for the future of the industry...
Continue ReadingMore than 500 employees sign letter saying they will join former chief at Microsoft unless board resigns...
Continue ReadingA letter signed by around 500 members of staff says they will quit unless the firm’s board resigns and reinstates Mr Altman as CEO, it is reported...
Continue ReadingOpenAI is in the process of fully collapsing on itself, following the ousting of former CEO Sam Altman in a shock board decision. Exactly why the board decided to fire Altman is still unclear, but it seems increasingly likely that it was more about power-play shenanigans than anything else. What is clear is that Microsoft, through quick action and decisive strategic leadership from CEO Satya Nadella is poised to emerge the clear winner, regardless of the final shape of OpenAI looks like. After w...
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