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Former OpenAI CEO Sam Altman has now joined Microsoft to continue his work in the field of artificial intelligence.
Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.
All three benchmark indexes surged, with the Dow and the S&P 500 on track to notch their best monthly performance in over a year.
Microsoft had no clue about the internal disputes and learned about Altman’s departure just minutes before the news was shared in the blog post, Axios reported
"We estimate for every $100 of cloud Azure spend with MSFT the last few years there is an incremental $35-$40 of AI spend for [MSFT]," Dan Ives said.