OpenAI's leadership moves to Microsoft, propelling its stock up
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% in after-hours trading, potentially wiping out tens of millions in market value.
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Source: yahoo.com